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Joined March 2022
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Just back from my 2nd surgery of the year. I’m still recovering but I’m finally ready to get back to work. Here is a full thread about one of the new nogs utilities and the upcoming changes: FORGE. ⌐◨-◨ A new liquidity experiment that links $nogs to real NFTs that are part of the nounish culture. You can imagine it like Nouns Swap, with the difference that it can potentially become the top of the funnel for new members for any nounish community and the $nogs used for the “swap” are not just converted but burned forever. Here’s how it works 👇
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In the coming days, we are going to build a bigger pool which will be mostly made of Nouns, but also Lils and other nounish communities (maybe even some Toadz). All the NFTs in the pool with a governance utility will be governed by $nogs holders as always. We are also going to add a delegation system that will make it easier for holders to sponsor their prop or a prop they care about. Main difference is that, at any moment, holders can also decide to burn their $nogs and forge any of the Forgeable NFTs in the pool. Even if forging removes a NFT from the collective governance, all the $nogs used are burned forever, thus making the utility token more scarce overtime.
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Changes around $nogs: After the recent events and the mistakes I clearly made, we are taking the opportunity to redesign a complete upgrade of nogs with the goal to solve some flaws and make sure the same issues don’t happen again. Since we are getting many DMs with ideas about this, I’m sharing the plan here. Nothing is set in stone yet but this post will give you an idea about everything. 1) Full decentralization Working to remove any centralization from nogs. This includes: - renouncing to contracts - Consequent deletion of yearly inflation (up to now never been minted) 2) Reorganisation of the supply Too much supply of nogs is still locked in contracts with no real use cases and under our control. - We are going to burn everything still stored on mainnet. This will result in an immediate burn of several B of nogs and it will also create an automatic monthly burn from vested contracts. - We are going to burn around 20B out of 30B stored in the lp. The remaining amount will be locked again but this time forever. This operation will make $nogs supply fully liquid and in circulation with an estimated cut of the supply of at least 50-60%. 3) Expansion of the infrastructure We are going to use part of our presale to make nogs stronger. This includes: - injection of ETH into the DAO through bids with the goal to create a solid pool between 30-50 Nouns. This is linked with the program to give governance power to communities we were working on and a small part of the program to bring additional resources into the dao. - Buy and burn program executed on monthly basis. - Ensuring the continuation of nogs operations like noggles club while we also work on its separation into a stand alone and semi automated platform All these changes will make nogs a much leaner token, free from our influence and control and ready to be integrated and supported by the other products we are working on. I know the last weeks have been heavy for everyone. I did some incredibly stupid mistakes, but nogs and everything we built until now are here to stay and I’ll do everything I can to make them work.
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Prop 766 has been a harsh blow to me and I took 2 days (over the weekend) to recover and reorganise our next steps. NOGS won’t go anywhere and we will continue to evolve it, just like we will continue to build for the ecosystem. Since everything happened so fast and this is our full time job, I’ll need some days to refocus and reorganise everything, from the pipeline of releases to the organisation of the team and everything else. We used the last k$ (already unlocked) from the stream to pay some expenses for this month, including the last physical drops of the Noggles Club we had already committed to. After that, we will regroup and figure out how to organise everything in order to support our work across this year. I’m sorry to see the scam accusations about nogs, and tbh if I am a scammer I really must be the most incompetent one in history. Following the plan we outlined for this mandate, we are going for a complete renovation of the tokenomics and supply of $nogs. This includes the burn of at least 50% of the supply which was set to happen between April and May leveraging the planned rebalance of the LP. Since in 2025 we were going to burn most of the nogs stored in the LP, I took the decision to sell some to support the team across 2024 and thanks to that we’ve been able to expand the utility of the token and our products without relying on additional funding for the second half of that year. NOGS has been our very first experience with a token, in a fast changing environment too, and I must admit I took many things for granted. Again, my lack of communication made a mess and I’m sorry for that. Had I shared more with the community about our struggles and plans, everyone would have had more context and all of this could have been avoided.
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Delegation from Humpty means a lot. Can’t wait to work together to connect @CryptoSapiens_ and Nouns. It will be amazing ⌐◨-◨
delegating noun 558 to @nogglescoin isn't a decision i took lightly, or made on a whim; it's a thoroughly thought out decision to provide @CryptoSapiens_ with a deeper connection to Nouns more soon ⌐◨-◨
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Last 24h of @basednouns: ✅ $NOGS integration ✅@jessepollak pfp The future of nounish communities on @base is bright. And the best has yet to come. ⌐◨-◨
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The first tx to buy $NOGS through a nounish DAO has been successfully executed. Congrats @basednouns 🔵🔥
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“looks like $nogs is about to become the life of the base party.” IYKYK ⌐◨-◨
This Post is from a suspended account. Learn more
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This is a huge achievement for $nogs and the nouns ecosystem! Soon many more communities will store nogs in their treasury to unlock powerful nounish utilities for their members. Stronger together ⌐◨-◨
Thank you to everyone who turned up to vote! 🗳 It's a unanimous decision!🔵 Get ready for $NOGS integration... The most Nounish coin on @base! noggles.com 🔵⌐◨-◨
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Executed ✅ Thanks to the whole ecosystem for the trust. 2025 will be the year of Nouns. $NOGS on ⌐◨-◨
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World nounification is inevitable. Just wait. $NOGS on ⌐◨-◨
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I spy 2k $HIGHER in the Noggles Club...ready? Raffle starting soon! @higheronchain ⌐◨-◨
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Our prop 473 has been officially completed! ✅ updates.wtf/update/473-1 Here you can dive into all the exciting accomplishments from the last 11 months: From the crazy launch of $NOGS to the new NNS. With this mandate we also accomplished our greatest challenge: Create an infrastructure able not only to repay the DAO, but also to create a long term profit for Nouns treasury and the whole ecosystem. $NOGS and @nnsprotocol work together towards that goal, but they are just a glimpse of what's coming next. Have a read and thanks @nounsdao for these 2 years of support! ⌐◨-◨
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Just bought 2M $ZEROPOD for the new Noggles Club season. Can’t wait to share the amazing work of my fren @toady_hawk with the $NOGS community! LFG ⌐◨-◨
It can be a difficult meta to get eyeballs on onchain video content, so as they say... If you can't beat 'em, join 'em. Over on Farcaster, @_proxystudio's Clanker just helped me launch the very first "Podclanker", $ZEROPOD. First 1000 holders will be airdropped an onchain @podsdotmedia copy of our new episode featuring @Optimism's Chief of Growth @Fwiz. Clank clank!
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Welcome to the team, Noun 1135 ⌐◨-◨
NNS' team of Nouns just welcomed a new player! From now on, $NOGS holders' voice will be a bit louder. ⌐◨-◨
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The new NNS has been released! ✅ .nouns names ✅ Shared rewards with the ecosystem ✅Community Level Domains for communities ✅ Full integration with $NOGS and so much more! Please have a try and share any bug you may find. 🐛🙏
After months of work we are thrilled to unveil the new evolution of NNS: A shared naming protocol where revenue is distributed to anyone who supports the network. Funded by @nounsdao. Powered by @base and $NOGS. Learn more 👇🔥
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Replying to @nnsprotocol
@nnsprotocol upgrade is coming and Noggles Club will soon become a new powerful nounish infrastructure open to everyone. Exciting times ⌐◨-◨
NOGGLES CLUB 0.2 IS LIVE ⌐◨-◨ From @messhup to the legendary @mattdowney, Noggles Club is a new nounish infrastructure that celebrates the best builders and their iconic works for the nouniverse. Join 21 new drops and get ready for the +50 that are coming, including the wonderful championship ring by @r_k_luthra 🔥 ALSO... Starting from this week, NFT holders and FC channel members of the most active nounish communities will be able to earn tickets too. ⌐◨-◨
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kudos to @chillyazz and team for this amazing collection and for having allocated 6 ninjas to the Club ⌐◨-◨
A new collection landed in the Noggles Club! @cryptoninjasss is a trending collection on Base and Farcaster. Follow their FC channel and get ready for an exclusive $NOGS partnership tomorrow. Be nounish. Be ninja. ⌐◨-◨
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$NOGS will soon become one of the most powerful onboarding systems of the nouniverse. It takes time to build an infrastructure like this, but we are getting there.
I've had more Ws in @nounsdao activities than my whole #NFT career! Shout-out to, -@basednouns for making me feel welcome and gifting me a dope #BasedNoun! -@nogglescoin for creating such a dope experience to new $NOGs holders and for my opportunity to win that dope Ledger!
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