This DAO Is Trying to Buy the Constitution for $20M

This DAO Is Trying to Buy the Constitution for $20M

This episode is sponsored by NYDIG.

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On Thursday, Nov. 18th, Sotheby’s is auctioning off one among simply 13 (or 11, relying in your supply) copies of the authentic version of the U.S. Constitution, printed in September 1787 for distribution to members of the Continental Congress and the states that would want to debate and ratify the doc. It’s the first time the doc has been for sale in a 3rd of a century, and this time, a brand new DAO has sprung up to make the buy collectively. On right this moment’s episode, NLW breaks down ConstitutionDAO, :

  • What the venture is making an attempt to obtain
  • How rapidly it’s coming collectively and gaining momentum
  • What it means for the way forward for DAOs

See additionally: ‘I Think We’re Doing This’: Inside One DAO’s $20M Plot to Purchase the US Constitution

“The Breakdown” is written, produced by and options Nathaniel Whittemore aka NLW, with modifying by Rob Mitchell, analysis by Scott Hill and extra manufacturing help by Eleanor Pahl. Adam B. Levine is our government producer and our theme music is “Countdown” by Neon Beach. The music you heard right this moment behind our sponsor is “Dark Crazed Cap” by Isaac Joel. Image credit score: rdegrie/E+/Getty Images, modified by CoinDesk.

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