If you\u2019ve been around the NFT space, you\u2019ve likely seen Nouns\u2019 playful pixel art images featuring signature bright colors and simple blocky designs.\u00a0As time goes on, you\u2019ll definitely see these unique characters more and more frequently. Unlike most NFT projects that have a set number of supply before mint, Nouns is an infinite work of art. One Noun NFT is generated every single day \u201cforever.\u201d <\/p>\n
As a community-driven brand, Nouns aims to use its open-source IP to empower holders to fund their most ambitious dreams and business ideas with their NFTs as the face of the projects. Nouns are already making their mark as brand ambassadors to innovative ventures \u2014 representing everything from clothing brands<\/a> to chocolate bars<\/a> to extreme sports clubs<\/a>. <\/p>\n Here\u2019s what you need to know about the Nouns project, the ecosystem, and its community.<\/p>\n Nouns<\/a> is a generative non-fungible token project on the Ethereum blockchain. Each Noun is a 32\u00d732 pixel character made up of almost endless combinations of bodies and accessories, including 242 heads, 140 accessories, 30 bodies, 23 glasses, and two backgrounds.<\/p>\n The first-ever Noun<\/a> was auctioned on August 8, 2021, and features a fox as a head and pink and purple two-tone glasses. <\/p>\n Nouns operate under a CC0 license<\/a>, which places the artwork in the public domain and grants users unrestricted access and usage rights.<\/p>\n Every day, the Nouns DAO generates and mints a new Noun, which adds to the ever-growing collection. The Noun is then placed up for auction to the highest bidder. This process ensures that the Nouns ecosystem remains dynamic and continuously evolving while providing a means for community members to acquire and trade unique NFTs.<\/p>\n One hundred percent of the money from sales goes straight into the project\u2019s communal treasury. Ownership of a Noun NFT also grants membership to the Nouns DAO, allowing the holder to participate in the governance and decision-making process. Each Noun represents one vote.<\/p>\n Nouns will generate forever, resulting in a neverending supply. At the time of writing, there are\u00a0646 Nouns NFTs on the Ethereum blockchain. Currently, 390 owners have at least one Noun<\/a> in their wallet. <\/p>\n Anyone can participate in Noun auctions on nouns.wtf<\/a>, a website built and maintained by the project founders. Fans are also welcome to create their own Noun and play around with the traits on the Nouns Playground<\/a>. All Nouns created so far can be viewed and purchased on secondary on OpenSea<\/a>.<\/p>\n The original founders of Nouns, affectionately named \u2018Nounders,\u2019 are a group of 10 builders, creators, and NFT thought leaders who first initiated the concept of Nouns and NounsDAO. This includes CrypToadz founder Gremplin<\/a>, Vine co-founder Dom Hofmann<\/a>, Chimpers founder Timpers<\/a>, and Punk4156<\/a>. Additional Nounders include lastpunk9999<\/a>, devcarrot<\/a>, cryptoseneca<\/a>, eboyarts<\/a>, punk4464<\/a>, and _solimander<\/a>.<\/p>\n To ensure that all proceeds from Noun auctions support the Nouns DAO ecosystem, the Nounders have opted to receive compensation in the form of Nouns. Specifically, every tenth Noun generated during the first five years of the project will be automatically sent to a Nounder\u2019s multisig wallet, where they will be vested and distributed among the project\u2019s founding members.<\/p>\n Notably, the distribution of Nouns to the Nounders does not disrupt the regular cadence of 24-hour Noun auctions. Once a Noun is generated, it is sent directly to the Nounder\u2019s multisig, and the next available Noun ID is made available for auction as scheduled. This approach helps to ensure that the Nouns ecosystem remains fair and accessible to all participants while also providing a means of compensation and support for the project\u2019s founding members.<\/p>\n Owning a Noun allows holders the ability to participate in the governance of the Nouns DAO. This includes the ability to propose new initiatives and vote on proposals submitted by other members. If a proposal is approved, it will automatically be executed as a transaction on the Ethereum blockchain.\u00a0<\/p>\n Nouns can vote on proposals or delegate their vote to a third party. A minimum of two Nouns is required to submit proposals. Nouns DAO has funded countless creative ideas, including fashion collections, Super Bowl commercials, and more. The active list of proposals the Nouns DAO votes on can be viewed here<\/a>.\u00a0<\/p>\n NOUNS \u00d7 Fitz Frames Prescription Subscription<\/a> partners with screening and testing partners to provide glasses for kids if they lose them, break them, grow out of them, or just desire a new pair to compliment their style. So Far, Nouns DAO has funded over 3,000 prescription glasses for kids and a specialized examination van delivered in December 2022<\/a>.<\/p>\n \nWhat are Nouns NFTs?<\/h2>\n
How many Nouns are there? <\/h2>\n
How can I buy a Noun? <\/h2>\n
![\"Nouns](\"https:\/\/nftnow.com\/wp-content\/uploads\/2023\/03\/Screen-Shot-2023-03-16-at-10.28.00-AM-1200x693.png\")
Who created Nouns?<\/h2>\n
What is the Nouns DAO?<\/strong><\/h2>\n
Notable proposals <\/h2>\n
NOUNS x Fitz Frames <\/h4>\n