What is CryptoNinja Nouns (CNN) that I've been hearing a lot about lately?
Don't worry. This article was written for you.
This is a one minute review, so very briefly...
・One pixel art of NFT is generated automatically every day.
・It is auctioned off every day.
・Proceeds go into a common treasury.
・Nouns holders vote on how to use the money.
・Using the characters of CryptoNinja
・To create a NinjaDAO joint wallet by applying the Nouns mechanism
・To collect funds!
This is one such project.
See the official Nouns website for a more detailed explanation.
https://nouns.center/funding/proposals
Nouns is a generative NFT project on the ethereum blockchain, Nouns launches on August 8, 2021.
Every day a Nouns is automatically generated and auctioned off.
Nouns are 32x32 pixel art that mimics people, places, objects, animals, etc.
The artworks are stored on the blockchain.
Every 24 hours, a Nouns is auctioned off to the highest bidder. This will go on forever!
100% of the revenue goes to Treasury.
The following auction site is a site created and maintained by the project founders (called Nounders).
At the time of writing, Nouns sale into the Treasury has about 28,000 ETH ($45,000,000?)
I hope I didn't miscalculate ...... It's a bit unbelievable.
A unique feature of Nouns is that Nouns holders can vote on the way to use the funds in their public wallet - the Treasury.
Each Nouns has one vote; Nouns holders can exercise their voting rights on the ethereum blockchain.
The project was born from the idea of applying the "Nouns" mechanism mentioned above to the creation of a public NinjaDAO wallet.
The two founders are paji and ikehaya. The artwork was created by monako.
They are star members of the Japanese NFT community.
He is familiar with blockchain and is the founder of the pNouns ⚡️ project, an experimental project that has the potential to fundamentally change the social fabric through "real NFTs" and "real DAOs".
The pNouns project uses the revenue of pNouns NFTs and currently has two Nouns.
A proposal is currently being submitted to the original Nouns group.
Ikehaya is the founder of CryptoNinja NFT and the founder of NinjaDAO, the largest NFT community in Japan.
CryptoNinja Partners (CNP) is the largest project in Japan, launched in May 2022, as a CryptoNinja fan art.
Mr. ikehaya is the lead marketer for the project, which led an explosive success.
https://opensea.io/collection/cryptoninjapartners
He is a pixel artist who has created CryptoNinja fan art and many other works.
He is responsible for the artwork for the upcoming blockchain game Crypto Fantasy and the HOUOU membership NFT for the Japanese Alpha Group ICL.
NinjaDAO is the birthplace of CNN. It is currently the largest NFT community in Japan, with over 100,000 members.
There are dozens of channels in the community and there is a crazy amount of active communication.
Currently NinjaDAO is not a real DAO, although its activities are autonomous and decentralized.
With the creation of CNNs, Ninja DAO became more like a DAO, with a common treasury that CNN holders vote on how to use.
As with Nouns, one CNN is generated and auctioned each day. All proceeds from the auction go to the Treasury, and CNN holders can vote on how to spend the money.
As I mentioned earlier, the original Nouns currently has 28,000 ETH in funding, how much can CNN raise?
NinjaDAO founder Ikehaya said that he intends to invest 100 ETH in the first CNN auction.
paji added that he is raising funds to participate in the auction, which will be a fierce auction with a lot of money to spend at the beginning.
CNN holders may receive various benefits in the future as contributors to Ninja DAO.
I also plan to participate in the auction, but I don't know when I will win because there are so many competitors .......
The availability of funding sources will make it easier for CryptoNinja to undertake various initiatives in the future, such as animations, merchandising, events and promotional measures.
Of course, not any project is acceptable - depending on the outcome of the CNN holders' vote, some proposals may not materialize.
However, it does open up more possibilities for NinjaDAO's activities.
At this moment, if you wanted to do something, you had to sell a generative NFT and raise money before you could move forward with it.
This should help CryptoNinja become one of the most iconic characters in Japan, on par with Pokémon, Naruto and One Piece.
Do you want to join NinjaDAO and enjoy this excitement up close and personal? 100,000 friends are waiting for you♪
https://discord.com/invite/ninjadao
Want to learn more about the Japanese NFT market?
Read this blog for an in-depth look at ICL, the largest NFT Alpha community in Japan!
https://mirror.xyz/crypto-artist-chibi.eth/rreuh6d3d2-kOCHfQsgAcIUc05OztB5Wkbarn8Lq738