Small Grants: Generative Postcards
TL;DR: We are creating Nouns Postcards with our owned and operated NFT minter (built). The minting process to be oracle enabled (starting with a responsive time-geo-weather authenticator).
We are considering the structure as a dba project under our current LLC formation: ‘The Fourth DAO LLC’, a Wyoming DAO LLC, governed by our Safe (Gnosis), with membership distributions yet to be determined.
Transaction request 9 ETH to Safe: 0x5827d57e0555b8ccE82632c58eF94BAd7FcFa0E9
Proliferate Nouns
To continue to introduce Nouns to the world we are intentionally taking an inverted approach. Postcards will bring nostalgia, collectability and messaging into a familiar format yet with an advanced blockchain engine to drive future outcomes
Why Postcards: Postcards serve as an easy way to communicate with someone. Images of PLACES emote a reminiscence about a certain time in our lives or a desired location to visit. They are fun to send and fun to receive - including postcards from the place you currently live…representing something about ourselves. Functionally, Postcards are designed for a high context, short message.
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Ask & Use: 9 ETH
We have foregone a retro funding request; our roadmap to show considerable advancement, yet we are now out of personal funding.
Below you can see our run-rate; we are two (2) months on the project with most of the dev time committed to the backend O&O NFT Minter (completed). We also have page designs in launch-ready wireframes.
The Project is beta operational and nearly over the line. These funds support the push over the last few yard(s).
Importantly, we also aspire to announce this project to the NOUNS community so that we may participate in NOUNS’ aspiration to expand its global vision.
We also feel that we can have fun, be challenged and learn a great deal through participation and experimentation with like minded NOUNers.
9 ETH Funds Breakdown
- Developers 3 ETH
- Design team 2 ETH
- Operations 3 ETH
- Press release / Mktg 1 ETH
- This grant to provide the funding needed for two (2) months
Tokenomics
The model to be direct to consumer NFT sales. The Pricing and Yield functions are still being discussed, informed through A/B testing and post launch user feedback.
Considerations: Added product features / skews, market dynamics, community feedback, early distribution mechanics / incentives and value distribution back to participants
Stakeholders: The formation of the Wyoming DAO LLC is complete. The structure for its members to be further outlined within the Operating Agreement. We are mindful that reward structures have elements and implications to consider before locking in. For more information here, we would be pleased to share our thoughts / information to date.
Current Stage of Dev
Phase I
- Core Minter complete
- Oracle connector complete
- Product design templates drafted
Phase II
- On chain message (tested, mvp working)
- Extended Market modules
- Complete wireframes and offering
- Launch