Try Quests to earn cryptoIntroduction
The Lil Nouns are an Ethereum NFT project that brings a unique minting mechanism to the NFT space. One Noun is auctioned every 15 minutes, forever. Proceeds from these auctions are sent to the DAO treasury except every 11 which is transferred to NounsDAO treasury.
For NounsDAO, one Noun is auctioned every day, forever. 100% of the proceeds from these auctions are sent to the treasury.
This dashboard investigates how the Lil Nouns contributes to NounsDAO by transferring minted NFTs.
Although the list above have not been minted, other Lil Nouns NFTs are minted every 15 minutes. The graph below shows the price of minted Lil Nouns. As 100% of mints goes to DAO the Lil Nouns treasury is estimated as 1500 ETH.
Nouns NFTs are minted every day. The graph below shows the the price of each NFT minted. According to the data the estimated treasury of NounsDAO is 32,7K ETH which is 20 times greated than Lil NounsDAO.
To estimate the value of Lil Nouns transferred to NounsDAO, we can refer to the latest price of Lil Nouns sales in the secondary market.
The graph below shows the recent sales of each Lil Nouns NFT. On average the recent price is 0,862 ETH.
Conclusion
The data shows that there are currently in NounsDAO treasury 295 NFTs received from Lil Nouns. The asses the value of these NFTs we should consider the drop in the sales price over time. On average Lil Nouns are sold for 0,862 ETH. We can estimate the value of Lil Nouns transferred to NounsDAO as 0,862 X 294 = 253,82 ETH.
The value of NounsDAO treasury is about 32K. Therefore, the contribution of Lil Nouns is not significant at all.