Nouns' are likely to continue receiving support

Nouns future in CS:GO up for vote

The decentralized organization are set to vote on staying in esports for 2023.

Following their entry into CS:GO in August 2022, Nouns has quickly grown to become one of North America's most successful teams in the domestic scene. After signing ex-Gaimin Gladiators, they have supported David "cynic" Polster and co. consistently with bootcamps and salaries, allowing the team to qualify to numerous LAN tournaments and leave their mark online.

However, despite momentum being behind the team, as Nouns are a decentralized autonomous organization (DAO), all important matters within Nouns, including their esports division, are subject to a vote for all Nouns NFT holders. As such, on April 6th, the Nouns DAO are set to hold a vote on supporting their CS:GO, Dota 2, and other esports projects for the remainder of 2023.

This latest proposal would see Nouns continue to support their teams for a minimum of ten months, extending to just before the first Counter-Strike 2 Major in Copenhagen in March 2024. In the DAO's brief on the funding proposal, the delegates of the esports program highlight the success the team have had in getting their brand into Dota 2 via in-game items and denote that Nouns are within striking distance of having stickers in CS:GO should their team make the Paris Major.

The proposal asks for approximately 795,000 USDC, a crypto stablecoin that is pegged to the US Dollar. Of that 795,000 USDC, 340,000 - 465,000 would go towards the two rosters of five players, one coach, and future incentives for performance based results.

Bootcamps are also included in the budget at approximately 20,000 - 120,000 USDC, with them being described as an essential need. As of right now, Nouns' CS:GO team has traveled to Mexico ahead of time to bootcamp before the Paris Major Americas RMR. Finally, 210,000 USDC is being allocated to support staff, which includes player managers, wellness staff, logistical support, and social media content staff.

While this vote could make or break Nouns esports prospects, it is expected to pass with very little difficulty as the original proposal to start Nouns Esports passed nearly unanimously. The original vote saw 32 delegates in favor, 1 delegate against, and 1 delegate abstaining from the vote. With a successful proposal likely, it is good news for NA in the currently fraught landscape for esports organizations.

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April 3, 2023 05:55PM
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