There would be two benefits to setting such an organisation up:
i) All the "Help with Heraldry" type threds on Micronational Eye/Talk Micronations would be cleared up and moved to a seperate board
ii) All the Micronational coats of arms could be stored and pulled out when needed.
We all agreed that the board would have to be on MNN to make it more intermicronational -more details here:

