NounStyle is a community-owned brand that sells one NFT daily and has built a $30 million treasury. The most expensive NFT sold for $2 million. The money funds sunglasses lines, sports sponsorships, and even naming a frog species.
What's the name of the project? NounStyle. How do you describe your project in one sentence? An open-source brand that anyone in the world can build whatever they want. And what is the problem you're solving? How to scale a brand in the fastest way possible. And what is your specific solution? One NFT is sold a day to raise funds, which we then spend to kickstart projects to build on the brand. How large is the treasury right now? $30 million. There are a ton of NFT projects out there. What makes this project different? The fact that it's Public domain, community-owned, completely trustless on the blockchain, and that it goes forever. And what are specific projects that have come out of this project? So we funded a luxury sunglasses line, extreme sports sponsorships. We've named a species of frog. What is the most that one of your NFTs has sold for? I think like $2 million. What is the size of the community? There's about 150 NFT holder members, and there's hundreds of different people building in the community, and then thousands of different people participating. Comment below if you're in or out.
SF startup Eve just raised $103 million led by Spark Capital with backing from a16z and Lightspeed.
