Nouns Party

Description

Nouns party is a project to make noun bidding more efficient, interactive, and successful, with a new design and features such as contracts, an application, and a design. It will launch with V0 and V1 items will be added over the 4-week scope. Nouns Party will allow users to deposit contributions into a "vault" style contract which will accumulate for the next noun auction. The contributions can be withdrawn at any time outside of an active winning bid. Nouns won through these contributions will be fractionalized for the winners, who can then claim the shares of their winning noun. The UI will display any pending bids and the estimated remaining Ethereum for the top bidder. Manual group bid submission and an auto-bidder mechanism will be available, and a 5% token supply fee will be applied to any nouns won through Nouns Party. Social Cursors with a noun-y style will also be available.

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