# Enabler DAO Transforms: Nouns House Auction Begins!

# 🏠 Enabler DAO to Nouns House DAO
### 📝 Proposed by yukihamada.eth ([@yukihamada](https://x.com/yukihamada))

## 📋 Executive Summary:
As the proud owner of Nouns 312, I am deeply impressed by the vision and expansion strategy behind [NounsDeli](https://nouns.wtf/vote/254) and [NounsBuilder Protocol](https://nouns.wtf/vote/167). I propose an initial investment of 312 ETH into the newly formed "Nouns House DAO," which will be a rebranding of the current Enabler DAO. This investment aims to fortify and grow the entire Nouns ecosystem. This proposal also represents the Initial NFT Offering (INO) of Nouns House DAO.

The ultimate goal is to evolve Nouns House into a platform similar to Airbnb, allowing users to easily rent out their homes. What sets this platform apart is the featuring of Nouns characters, adding a unique layer of branding and engagement. Moreover, Nouns House aims to offer lower fees than Airbnb, making it a more cost-effective option for users.

This new initiative has high synergy potential with existing property rental platform development projects, promising innovative value through the utilization of smart contracts and NFTs.

## 🔍 What is Enabler DAO?

Enabler DAO is a Tokyo-based decentralized autonomous organization founded by Yuki Hamada, a serial tech entrepreneur and a former executive CPO of Mercari, a unicorn company in Japan. The organization specializes in developing property rental platforms using smart contracts and manages high-end properties in Tokyo, Hawaii, Kyoto, and Hokkaido. Given its successful real estate ventures and its profit-generating business model, Enabler DAO is at a pivotal stage, transitioning into tokenization. This evolution marks the birth of Enabler DAO as a key player in the blockchain and real estate space. Additionally, it is planning to introduce special benefits for NFT holders, such as the ability to rent available properties at discounted rates, leveraging its expertise and existing assets to foster new growth opportunities.

## ❓ Why Approve This Proposal?

- **Beyond Art**: Nouns is more than just an art project; it functions as the foundation for a new decentralized protocol. Nouns House DAO is one example, making this not just a proposal but an extension of the Nouns ecosystem. It offers growth and innovation opportunities for both communities.

- **Established and Audited**: Nouns House DAO has already been launched and is built with the security-audited NounsBuilder.

- **Initial Benchmark Price**: The 312 ETH allocation has the potential to serve as an initial benchmark price. In return, 1/20th of the founders' share will be allocated to nouns.eth, bringing economic benefits to the Nouns community.

- **Treasury Allocation**: The 312 ETH will be transferred to the Nouns House DAO's treasury, to be utilized for various initiatives in a DAO-governed manner.

- **Future Valuation**: In the 15 days leading up to approval, the next treasury could exceed the current average price of Nouns, indicating high future potential for the project.

- **Momentum from 15-Day Window**: If approved within 15 days, the treasury price per NFT would increase by 20.8 ETH (312/15), adding momentum to Nouns House DAO.

- **Setting a Good Precedent**: This approach could set a good precedent for future DAOs and projects, strengthening the decentralized ecosystem and serving as a model for how existing projects can evolve symbiotically.


## 🗳 Approval and Bidding Process:
- **Approval:** Vote on the proposal.
- **Bidding:** The auction will be held [here](https://nouns.build/dao/ethereum/0x7F4Ec49a66D773D63092dbD8FbCDFC71C9D9e2f3). Active participation in bidding is highly encouraged.

## 📌 Nouns House DAO Details:
- **Token:** 0x7F4Ec49a66D773D63092dbD8FbCDFC71C9D9e2f3
- **Auction:** 0xF5d1403dcbB1A2d5FaAD65BeBfaaB3870D7fe047
- **Treasury:** 0x1C99D1e81772aFF2eD0ABC802AA571B19cE2d72B
- **Governor:** 0x1393f1b1B4eA06e2019ad2BFf498b1C46Ad5c706
- **Metadata:** 0x29F538d3EF89fDFB38A41098bF6604F4aFDFE8ec

## 🎉 Conclusion:
Approval of this proposal will significantly benefit not just our initiative but the Nouns ecosystem at large. We eagerly await your support and participation.

For updates and queries, follow me on [X @yukihamada](https://x.com/yukihamada) or visit our Instagram page [Enabler.Fun](https://www.instagram.com/enabler.fun/).

Outcome: CANCELLED