Proposal: Nouns Public Goods Accelerator
This proposal aims to establish a Nouns Public Goods Accelerator to fund, support, and promote projects that benefit the broader web3 ecosystem and society. By leveraging Nouns DAO’s treasury, we can empower builders working on open-source tools, educational initiatives, sustainability projects, and decentralized infrastructure.
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Fund Open-Source Innovation – Support the development of free and permissionless tools that improve the blockchain ecosystem.
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Promote Web3 Education– Back initiatives that onboard newcomers and educate users on DAOs, NFTs, and decentralized governance.
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Advance Sustainability & Public Good Projects– Finance climate-focused, humanitarian, or impact-driven projects.
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Strengthen Nouns DAO’s Influence– Position Nouns DAO as a leader in funding public goods, enhancing its reputation and long-term sustainability.
Implementation Plan
- Establish a Grant Committee
- Form a working group within Nouns DAO to review, evaluate, and approve proposals.
- Create a transparent decision-making process with community voting.
- Funding Rounds
- Open applications for projects seeking funding.
- Define funding criteria (e.g., alignment with Nouns ethos, scalability, sustainability).
- Distribute grants in stages based on milestones.
- Community Involvement & Partnerships
- Engage with the Nouns community to propose and vote on impactful projects.
- Partner with organizations like Gitcoin, Ethereum Foundation, or other DAOs to co-fund initiatives.
- Tracking & Reporting
- Require funded projects to provide regular updates on progress.
- Publish reports on fund allocation and project impact.
Budget & Treasury Allocation
- Allocate X ETH from the Nouns DAO treasury for the first round of grants.
- Adjust funding levels based on DAO voting and project performance.
- Consider long-term sustainability strategies (e.g., staking treasury funds to generate yield).