The Nouns NFT project was one of the most innovative projects. It adopted a unique model of selling one new Nouns NFT a day–to my knowledge, not replicated by any other project. And it also adopted the Creative Commons 0 license, abandoning all copyrights in their Nouns characters.
The project has been quite successful, including engaging in a partnership with Anheuser Busch, which included the Nouns signature square glassses in a Super Bowl ad two years ago.
Well, I was pretty surprised to learn that all is not well with the Nouns project. Apparently a vocal faction of Nouns holders have convinced the Nouns DAO to buy back their NFTs at 35.5 ETH ($55,359)!!
Read More