I am just posting this here as a quick shower thought, and without enough data to create a formal proposal. I would love feedback and I think it would be a fun point of discussion.
We as a collective of Bears should try to win a Nouns auction. WTF is a Noun and why would I suggest this?
A Noun is a generative 8-bit styled NFT Art piece that is an experiment in capital accumulation and layered governance. Every 24 hours, for the life of the Ethereum network, a new noun is generated and auctioned off. The proceeds from the auction are placed into the NounsDAO. Owning a Noun grants you a vote in the DAO. Which currently controls 1514 ETH, since the first Noun auction completed on Aug 9th.
The obstacle is that each noun goes through a pretty heavy bidding war, and typically over 50-100ETH. The cool thing is, even if we don’t win the Noun, an ENS for the DAO could be registered and would show on the leaderboard each time we bid on a Noun.
If we were to win a Noun, we would then have fractional ownership and governance of a huge pool of ETH, effectively layering our investment strategies. That is the point of Nouns - to create a DAO of DAOs.
Check it out if you haven’t seen it: https://www.nouns.wtf