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From a meme to $47 million: ConstitutionDAO, crypto, and the future of crowdfunding

From a meme to $47 million: ConstitutionDAO, crypto, and the future of crowdfunding

FromDecoder with Nilay Patel


From a meme to $47 million: ConstitutionDAO, crypto, and the future of crowdfunding

FromDecoder with Nilay Patel

ratings:
Length:
67 minutes
Released:
Dec 7, 2021
Format:
Podcast episode

Description

Jonah Erlich is one of the core members of a group called ConstitutionDAO, a group that raised $47 Million to try to buy one of the original copies of the United States Constitution at an auction held by the high-end auction house Sotheby’s.

Links:
ConstitutionDAO
Endaoment
Crypto collective raises $27 million to bid for rare copy of US Constitution
ConstitutionDAO loses $43 million auction of rare US Constitution copy
ConstitutionDAO will shut down after losing bid for Constitution
Almost buying a copy of the Constitution is easy, but giving the money back is hard
Code is Law
Ice Bucket Challenge dramatically accelerated the fight against ALS
Iwata Asks: Just Being President Was A Waste!
Succession
Could ConstitutionDAO's PEOPLE token be the next meme coin?

Transcript:
https://www.theverge.com/e/22584604

Credits:
Decoder is a production of The Verge, and part of the Vox Media Podcast Network. Today’s episode was produced by Creighton DeSimone and Jackie McDermott. We are edited by Callie Wright. Our music is by Breakmaster Cylinder.
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Released:
Dec 7, 2021
Format:
Podcast episode

Titles in the series (100)

Kara Swisher, Silicon Valley’s most revered journalist, hosts candid interviews with tech execs, politicians, celebrities and more about their big ideas and how they’re changing our world. Produced by Recode and the Vox Media Podcast Network.