Welcome to everyone who joined The Lil Nouns Weekly Newsletter this week, we’re so glad you’re here!
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gm!
Welcome to the Lil Nouns Weekly Newsletter #13! ⌐◨-◨
It’s been a spicy week, so let’s get right into it!
•••
Here’s what we cover in this week’s post:
→ New Reserve Price (and What it Means)
→ Proposals
→ Prop House - Round 6
→ Around the Community
→ Events
Alright, let’s dive in.
→ New Reserve Price (and What it Means)
Prop 38 passed, and was implemented, this week. The Prop was a long-discussed option to implement a Reserve Price of .15 ETH. This means you cannot win unless you bid at least .15 ETH. One bi-product (right now) is that if you settle an auction and then don’t bid, often no one ends up bidding and that Lil gets burned! (See meme above).
Check out this entire Tweet thread for more context (shout-out to Enrique for the terrific analysis) -
If you’re curious to learn more and/or join the discussion on this topic, please hop into Discord and check out the #general chat and the #lil-nouner-private, to get up to speed and give your thoughts! We’re very open to continuing to improve.
→ Proposals
It was a very busy week of Proposals! Here is the high-level, but feel free to jump into the links for the specifics. And of course, go vote on the 3 active proposals!
Active (Go vote!)
Prop 44 - Nouns Acquisition Committee (Ends in 2 Days)
Prop 42 - Pilot: Content Pod (Ends in 1 Day)
Prop 41 - Descriptor V2 Upgrade + 8/8 Anniversary Art (Ends in 1 Day)
Passed
Prop 36 - Lil Nouns Mini Basketball Production Run (Executed)
Prop 38 - Update setReservePrice to 0.15 ETH (Executed)
Other
Prop 39 - Lil Funding Season 4 (Cancelled)
→ Prop House - Round 6
Round 6 ended! There were 5 winners of 2 ETH each, check them out below, and read more at Prop.House.
→ Around the Community
cc0 Music
cc0music.wtf is live with the first 6 tracks! So if you’re a creator, use them freely!
Working on bouncing down the stems for each track to add, which is the final step.. And then begin to promote the project on twitter through @cc0music.
Mad props to Mike Good (my fellow Lil Saturn cousin!) for making this project happen — really excited to see where it goes!
Go follow @cc0music right now on Twitter for updates to the library and info on other cc0 music resources!
Bankless
NFT governance experiments 🧪 by Bankless
h/t to Mfers for letting us know about this one.
cc0
If anyone is looking for more resources on the ever-evolving components of cc0, this is a terrific article written by a16z (I know, it’s a VC: <insert web3 VC meme here> 😂). Nouns continue to be a top example in the conversation.
Thinking Through CC0 and IP for NFT Communities
Lil Sisters
Cat Sold! 😂
Big news frens (hehe) — if you’ve been around Discord #lilnouns-otc the last month or so, you’ll notice a nearly daily occurrence of our fren Lil Elliot saying “Selling Cat”. It’s almost replaced “GM”!
This week, his cat sold!
So reach out and say something encouraging to him, as we will miss him selling that cat.
→ Events
Weekly Community Call - Today
Today’s call will include an update on the Datapod Roadmap for the next 4-6 weeks of scope. This will be delivered with or without Lil Funding, and they plan to use the synergy from Nouns Mandate to deliver more for both DAOs.
See you next Sunday,
Lil Saturn