Lil Nouns Weekly Newsletter #2
Prop House Winner Results, New Projects Proliferating the Meme and More!
We’re so glad you’re here. The best thing you can do is to forward this along to your friends (even if they’re not part of Lil Nouns DAO) and share on social media. If this is your first time reading:
Lil Nouners have been busy building. In this week’s newsletter, we highlight the amazing projects being built, recent proposals that have passed, DAO updates, and more.
Lil Nouns Prop House Winners Round 1
Lil Nouns prop house round 1 has ended and the results are in for the winners and their proposals submitted.
If you're not familiar with prop house it’s a decentralized funding platform powered by NounsDAO for cc0 projects, learn more about it here in last week’s newsletter. Let’s have a look at our 1st round winners and Lil Nounish proposals.
Request to Lil Nouners to help our 3rd place winner
The first step to kickstart this project is to collect explicit data from the community. Lil Nouns holders can respond to the survey here: Who Are Lil Nouns. Your responses will be 100% anonymous and extremely helpful. 🙏🏻
Rework and submit a proposal to prop house
Proposals without the successful amount of votes can resubmit into the next round of lil nouns props, be sure to visit the lil nouns discord and share your project with community members to help bring awareness to what your building.
Some projects do better in the second round of its prop, and win🏅among other proposals, some rounds include larger amounts of ETH to a few projects and some prop house rounds include smaller amounts of funding to a larger pool of proposals.
Community Spotlight (Builders)
If you’re just getting started with building in the lil nouns ecosystem we have great news! The Asset Library for lil nouns is now available with a walk through demo for getting started, thanks to Tamás Szilágyi. The demo walks through the process of setting up your resources and using assets, this is a great starting point if you’re an artist or dev.
Lil Nouns - Asset Library (Demo) By Tamás Szilágyi
Lil Nouns DAO Auction settlement data
In week 1 we discussed the lil nouns analytical dashboard by sea launch with various data points to keep you up to date, this week we discuss the auction settlement dashboard for lil nouns, The data provides average settlement time between auctions, when auctions take place every 15 minutes, the auctions still need to settle by the winning bidders, when visiting the data chart you can analyze the average settlement time by day and month.
You can also query the data for custom results, from looking at the chart below we can determine average settlement increased from June 4th - 8th, with a decrease in settlement time, the next few days after.
Lil Grants Season 1
The lil nouns DAO passed proposal 13 (Retroactive Funding and Lil Grants Pool.)
We’re excited to announce lil grants. This is an option to get funded for your ideas, and encourage builders to develop projects in the lil nouns ecosystem. A fresh round of grants were issued to builders this past week. You can track the progress here with the grants tracker. You can also visit the grants tracker page as a resource to submit a grant proposal (for example: the lil nouns newsletter is funded by lil grants season 1).
When submitting your proposal, you can also visit the #lil-grants channel in the discord to discuss your proposal with community members. Lil nounish projects are also eligible for retro active funding. The grants tracker is filled with projects that launched before inquiring about funding, but you can use either method as you prefer.
Lil grants are the quickest way to get funded for your project, while on-chain proposals are intended for larger projects and larger funding.
What happen’s when funding runs out?
The DAO will submit an on-chain proposal to replenish the lil grants pool of ETH, builders who submit proposals during that time can be funded once a replenishment proposal passes and executes on-chain.
DAO Updates
IYKYK
Lil Nouns Dao now listed on Messari - Messari is a leading platform for crypto currency analytics and recently directory support for DAOs, What a huge milestone for lil nouns.
Proliferate the Meme
The Nouns DAO funded this amazing Mural of the nouns in Manhattan, NY right in the heart of soho ❤️ located on Houston St. New York City is one of the busiest cities in the world, and soho being one of the coziest chill spots in the city, The nouns share an experience of such an iconic mural in the city during the week of NFT NYC.