33 min
Ep. 15 - ConstitutionDAO Retrospective Pt. 1 The Juicecast
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- Technology
In this special series of the Juicecast in celebration of the 1-year anniversary of ConstitutionDAO, Matthew and Brileigh are joined by several former core members including Graham Novak, Alice Ma, Jonah Erlich, Ittai Svidler, and Jon Hillis. ConstitutionDAO was a single purpose acquisition DAO that raised over $40M in an attempt to buy one of the last thirteen remaining copies of the U.S. Constitution at Sotheby’s on November 18th, 2021. What started as a joke in a group chat onboarding thousands into crypto and gave the world a glimpse of the power of blockchain technology, decentralization, and new forms of governance.
In this episode, Matthew and Brileigh trace the chronology of the events that took place from conception up until the auction at Sotheby’s. They also cover the history and significance of the Constitution itself, suggestions for where the document could have been displayed, as well as a last minute request from Sotheby’s that almost prevented the DAO from being able to bid at the auction.
Chapters:
00:00:00 Intro
00:00:44 History of the U.S. Constitution
00:01:49 What is the Constitution
00:03:46 1988 auction of the same copy of the Constitution
00:04:38 How ConstitutionDAO got started
00:09:21 End of Day 1, a true heist for public goods at the kickoff call
00:12:05 Communicating with Sotheby's and requirements for bidding
0013:25 Who would “own” the Constitution?
00:14:01 Federal Hall as a bastion of American History & venue for displaying the document
00:15:21 Choosing a fundraising platform
00:17:34 Days 4-6: Money starting to snowball, interviews with CNBC & NYT
0021:20 The power of deadly serious memes
00:22:27 Overcoming stagnant growth and finding a whale
00:24:50 ETH and FTX tank, and overcoming the last hurdle hours before the auction
00:28:12 Introducing Sotheby's Lot 1787: The Constitution, teaser for episode 2
Topics discussed:
ConstitutionDAO
Sotheby's
The U.S. Constitution
American history
FTX
Follow Juicebox on Twitter: @juiceboxETH
Juicebox Protocol's website: juicebox.money
Follow Matthew on Twitter: @0xmatthewb
Follow Brileigh on Twitter: @0xbrileigh
Credits:
Hosts: matthewbrooks.eth and brileigh.eth
Production: matthewbrooks.eth and brileigh.eth
Engineering: matthewbrooks.eth
In this special series of the Juicecast in celebration of the 1-year anniversary of ConstitutionDAO, Matthew and Brileigh are joined by several former core members including Graham Novak, Alice Ma, Jonah Erlich, Ittai Svidler, and Jon Hillis. ConstitutionDAO was a single purpose acquisition DAO that raised over $40M in an attempt to buy one of the last thirteen remaining copies of the U.S. Constitution at Sotheby’s on November 18th, 2021. What started as a joke in a group chat onboarding thousands into crypto and gave the world a glimpse of the power of blockchain technology, decentralization, and new forms of governance.
In this episode, Matthew and Brileigh trace the chronology of the events that took place from conception up until the auction at Sotheby’s. They also cover the history and significance of the Constitution itself, suggestions for where the document could have been displayed, as well as a last minute request from Sotheby’s that almost prevented the DAO from being able to bid at the auction.
Chapters:
00:00:00 Intro
00:00:44 History of the U.S. Constitution
00:01:49 What is the Constitution
00:03:46 1988 auction of the same copy of the Constitution
00:04:38 How ConstitutionDAO got started
00:09:21 End of Day 1, a true heist for public goods at the kickoff call
00:12:05 Communicating with Sotheby's and requirements for bidding
0013:25 Who would “own” the Constitution?
00:14:01 Federal Hall as a bastion of American History & venue for displaying the document
00:15:21 Choosing a fundraising platform
00:17:34 Days 4-6: Money starting to snowball, interviews with CNBC & NYT
0021:20 The power of deadly serious memes
00:22:27 Overcoming stagnant growth and finding a whale
00:24:50 ETH and FTX tank, and overcoming the last hurdle hours before the auction
00:28:12 Introducing Sotheby's Lot 1787: The Constitution, teaser for episode 2
Topics discussed:
ConstitutionDAO
Sotheby's
The U.S. Constitution
American history
FTX
Follow Juicebox on Twitter: @juiceboxETH
Juicebox Protocol's website: juicebox.money
Follow Matthew on Twitter: @0xmatthewb
Follow Brileigh on Twitter: @0xbrileigh
Credits:
Hosts: matthewbrooks.eth and brileigh.eth
Production: matthewbrooks.eth and brileigh.eth
Engineering: matthewbrooks.eth
33 min