すべてありがとう ❤

Flashback Friday to Nouns appearing in @tonyhawk Pro Skater 3+4 🛹 Shoutout to @bobburnquist and @Activision 🤘

We need more DAOs - but different and better DAOs. The original drive to build Ethereum was heavily inspired by decentralized autonomous organizations: systems of code and rules that lived on decentralized networks that could manage resources and direct activity, more efficiently and more robustly than traditional governments and corporations could. Since then, the concept of DAOs has migrated to essentially referring to a treasury controlled by token holder voting - a design which "works", hence why it got copied so much, but a design which is inefficient, vulnerable to capture, and fails utterly at the goal of mitigating the weaknesses of human politics. As a result, many have become cynical about DAOs. But we need DAOs. * We need DAOs to create better oracles. Today, decentralized stablecoins, prediction markets, and other basic building blocks of defi are built on oracle designs that we are not satisfied with. If the oracle is token based, whales can manipulate the answer on a subjective issue and it becomes difficult to counteract them. Fundamentally, a token-based oracle cannot have a cost of attack higher than its market cap, which in turn means it cannot secure assets without extracting rent higher than the discount rate. And if the oracle uses human curation, then it's not very decentralized. The problem here is not greed. The problem is that we have bad oracle designs, we need better ones, and bootstrapping them is not just a technical problem but also a social problem. * We need DAOs for onchain dispute resolution, a necessary component of many types of more advanced smart contract use cases (eg. insurance). This is the same type of problem as price oracles, but even more subjective, and so even harder to get right. * We need DAOs to maintain lists. This includes: lists of applications known to be secure or not scams, lists of canonical interfaces, lists of token contract addresses, and much more. * We need DAOs to get projects off the ground quickly. If you have a group of people, who all want something done and are willing to contribute some funds (perhaps in exchange for benefits), then how do you manage this, especially if the task is too short-duration for legal entities to be worth it? * We need DAOs to do long-term project maintenance. If the original team of a project disappears, how can a community keep going, and how can new people coming in get the funding they need? One framework that I use to analyze this is "convex vs concave" from vitalik.eth.limo/general/202… . If the DAO is solving a concave problem, then it is in an environment where, if faced with two possible courses of action, a compromise is better than a coin flip. Hence, you want systems that maximize robustness by averaging (or rather, medianing) in input from many sources, and protect against capture and financial attacks. If the DAO is solving a convex problem, then you want the ability to make decisive choices and follow through on them. In this case, leaders can be good, and the job of the decentralized process should be to keep the leaders in check. For all of this to work, we need to solve two problems: privacy, and decision fatigue. Without privacy, governance becomes a social game (see vitalik.eth.limo/general/202… ). And if people have to make decisions every week, for the first month you see excited participation, but over time willingness to participate, and even to stay informed, declines. I see modern technology as opening the door to a renaissance here. Specifically: * ZK (and in some cases MPC/FHE, though these should be used only when ZK along cannot solve the problem) for privacy * AI to solve decision fatigue * Consensus-finding communication tools (like pol.is, but going further) AI must be used carefully: we must *not* put full-size deepseek (or worse, GPT 5.2) in charge of a DAO and call it a day. Rather, AI must be put in thoughtfully, as something that scales and enhances human intention and judgement, rather than replacing it. This could be done at DAO level (eg. see how deepfunding.org/ works), or at individual level (user-controlled local LLMs that vote on their behalf). It is important to think about the "DAO stack" as also including the communication layer, hence the need for forums and platforms specially designed for the purpose. A multisig plus well-designed consensus-finding tools can easily beat idealized collusion-resistant quadratic funding plus crypto twitter. But in all cases, we need new designs. Projects that need new oracles and want to build their own should see that as 50% of their job, not 10%. Projects working on new governance designs should build with ZK and AI in mind, and they should treat the communication layer as 50% of their job, not 10%. This is how we can ensure the decentralization and robustness of the Ethereum base layer also applies to the world that gets built on top.

Onchain orgs should take onchain payments. @NounCoffee now takes USDC, with Base Pay.

Happy Birthday @nounsdao ⌐◨-◨

The Noggle Table — a modular coffee table inspired by the iconic ⌐◨-◨'s Each segment can be bent, separated, or reconfigured. Built for shared spaces, conversation, and cultural connection. By @Franke

Ethereum aligned ⌐◨-◨

long live the nouns 🫶

Introducing Base Pay

We are proud to join @ENS_DAO and @ProtocolLabs at Modular Worlds hackathon to make Nounish frontends immutable —decentralized, resilient, and resolved via @ensdomains & @IPFS . Watch @ivoentchev tell the story behind this collaboration.

Tyrese Haliburton might be on top of the basketball world now, but he remembers the day he couldn’t look in the mirror. The Pacers star tells @JaredWeissNBA about his mental health journey — and how he found his game again ⤵️ nytimes.com/athletic/6338707…

12.3K followers in one day? We love seeing everyone join us.

I had to grab some @TIMEPieces coming out of this AM X spaces. Big love and thank you to @rachelwilkinsb, who continues to carry the torch for onchain progress.

On memecoins… Memecoins have generated a lot of buzz recently, and I’ve gotten some questions on how I think about them. I am personally not a memecoin trader (beyond a few test trades), but they’ve become hugely popular. Arguably, they've been with us since the beginning – Dogecoin is still one of the most popular coins. Even Bitcoin is somewhat of a memecoin (one could argue so is the U.S. dollar, once it was disconnected from gold). Just like the early days of the internet with animated gifs, new technologies often look like a toy but evolve into something much more powerful over time. So we should be open minded about where memecoins are going, even if some are silly, offensive, or even fraudulent today. Memecoins are a canary in the coal mine that everything will be tokenized and brought onchain (every post, image, video, song, asset class, user identity, vote, artwork, stablecoin, contract etc). Coinbase differentiates itself by being the most trusted and easiest to use platform in crypto, so how are we approaching memecoins through this lens? From first-principles, we believe in free market capitalism. If our customers want it, and it's legal, we aim to let them make that choice for themselves. But it's our job to provide them with the best information we can find to make an informed choice. If a token is a scam or fraudulent, we'd want to remove it. But if it's just low quality, the customer should be able to see reviews or community notes, and make their own choice. (Defining what is an outright scam vs low quality is often a blurry line btw, so you need to be careful not to accidentally create a censorship regime.) We want to provide useful information to consumers, not play judge and jury or endorse/recommend investments. Some memecoins have clearly gone too far lately, to the extent people are insider trading. This is illegal, and people should understand that you will go to prison for this. In every crypto cycle, there is a get rich quick crowd that comes and goes, and learns this lesson the hard way. Don't break the law! And don't try to get rich quick. You should get rich by contributing real lasting value to society (or at least be trying - it's not easy!). So where do we go from here? We should purge the bad actors and lift up the people trying to build lasting value. We want to bring the next billion users onchain, and the only way to do this is to build products and services which people want. Help them earn a living, avoid high fees when sending money to friends and family, find truth about what's happening in the world, or get a loan to grow their business. Give them access to sound money and financial infrastructure, to accelerate progress in the world. Memecoins have a role to play here, and I think will evolve to help artists get paid, track trends, or who knows what - it's too early to say, but we should keep exploring. Keep building with this long term mindset, and make something people want.

Proud owner of Noun 1240!! Since last year, I’ve been working with @franke, @Willwheeler, @nounsdao & @caresclubco to explore how onchain tools can empower athletes, entrepreneurs & creators. What started as an idea has turned into a movement—one that aligns perfectly with my passion for mentorship, education & giving back. With the NOBS program (cares.tv/pages/nobs), dedicated to helping people cut through the noise & take action, we now have a new way to connect digitally & physically, leveraging onchain innovation to build sustainable programs that support athletes, youth & underserved communities. Why Noun 1240? I wanted a Noun for a while but was waiting for the right one. When I saw it sporting a St. Louis Cardinal tee & a saw head symbolizing cutting through the BS, I thought it was a perfect fit! Nouns represents creativity, community & public goods & I’m excited to bring this spirit into everything we build—whether through @base & @Coinbase, new funding models, or expanding NOBS into a true onchain-first movement. This is just the beginning. Let’s build.

Jayson Tatum and Drew Hanlen shared some footage they’ve never shared before from the only time Jayson Tatum worked out with Kobe Bryant

Deputy Speaker of Parliament, @Thomas_Tayebwa, led a team from Nouns DAO Onchains, who funded the construction and handed over nine classroom blocks at Ndurumo Primary School in Rwoburunga Subcounty, Mitooma District. 📸: @alexmugasha1 #NBSUpdates

this week on @base: - deepseek comes onchain with @AskVenice - NBA skills trainer @DrewHanlen brings NoBS to Base - a new typeface for all based builders - a commemorative work from @eBoyArts on @phi_xyz - @flaunchgg changes the meme token game paragraph.xyz/@onchaindaily/…

The skills trainer behind some of the NBA’s biggest names, @DrewHanlen, is bringing his playbook onchain Mint Drew's new book Stop BS’ing Yourself and become a part of the NOBS community, which offers masterclasses, private training sessions, and even NBA courtside experiences

Mint: opensea.io/assets/base/0x6fe…

👀 @DrewHanlen x @base x @nounsdao