Tessera Introduces Nounlets

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Tessera is creating a shared application for Nouns, where holders can gain access to the Nouns ecosystem and receive their own unique derivative NFT called a "Nounlet," the company announced Wednesday.

There will be 100 Nounlets and holders of the ERC-1155 NFTs will be able to elect a delegate to handle the base Noun's governance rights, submit proposals, and also join the Noun's private Discord channel.

"We want to provide users a fun, accessible, and simplified experience as a subDAO in NounsDAO," said Tessera's Deeze in a Medium article.

Tessera, formerly Fractional.art, announced a rebrand in August, to focus on creating "unique ownership experiences on a per-NFT collection basis," said founder Andy Chorlian in a message to Lucky Trader back in August.

Nouns, which auctions off one new edition a day, has a floor price of 78 ETH as of Wednesday afternoon. All of the proceeds from the auction go to the Nouns DAO treasury, which is community managed.

Author Bio

TD Marquis

A veteran journalist and editor with more than a decade's worth of experience, TD helped a small community newspaper in Vermont win a New England Newspaper Association Right to Know Award in 2014. TD helped compile five years' worth of invoices to uncover a long-established practice of small-town government officials paying themselves six figures to do small jobs around town. TD discovered NFTs with Top Shot in 2021 and his first NFTs on ETH were saving two Mooncats. He is now the proud owner of Rowhome #61 and 1,300 other NFTs of questionable value. He also sent 4 ETH to a fake Mekaverse site and wants Lucky Trader readers to avoid the same fate.

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