Will Papper, SyndicateDAO co-founder and ConstitutionDAO contributor, tells the story of how a group of internet friends came together as a DAO to crowdfund a $41 million bid at a Sotheby’s auction for a physical copy of the US Constitution. Show highlights: <ul> <li style="font-weight: 400;" aria-level="1">how Will and other ConstitutionDAO members feel after losing the auction</li> <li style="font-weight: 400;" aria-level="1">the significance of ConstitutionDAO despite its loss</li> <li style="font-weight: 400;" aria-level="1">whether Will knows who the other bidder was</li> <li style="font-weight: 400;" aria-level="1">why museums began reaching out to ConstitutionDAO and seem to be excited about DAOs moving forward</li> <li style="font-weight: 400;" aria-level="1">why there was so much confusion over who was the bidder for the DAO and whether it had won</li> <li style="font-weight: 400;" aria-level="1">why ConstitutionDAO did not bid more than $41 million -- even though the crowdfund was at nearly $50 million</li> <li style="font-weight: 400;" aria-level="1">why ConstitutionDAO did not have a crypto-whale help keep the bidding war going</li> <li style="font-weight: 400;" aria-level="1">how ConstitutionDAO plans to refund participants</li> <li style="font-weight: 400;" aria-level="1">what Will thinks about using a layer 2 solution to refund ETH for ConstitutionDAO donations</li> <li style="font-weight: 400;" aria-level="1">how the idea for ConstitutionDAO came about</li> <li style="font-weight: 400;" aria-level="1">what role Will had in the formation of ConstitutionDAO</li> <li style="font-weight: 400;" aria-level="1">what lessons can be learned from ConstitutionDAO</li> <li style="font-weight: 400;" aria-level="1">what’s next for DAOs in general</li> </ul> Thank you to our sponsors! Avado: <a href= "http://ava.do/">ava.do</a> Crypto.com: <a href= "https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021"> https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021</a>    Nodle: <a href= "https://bit.ly/3AXGydJ">https://bit.ly/3AXGydJ</a>      Episode Links   Will Papper <ul> <li style="font-weight: 400;" aria-level="1">Twitter: <a href= "https://twitter.com/WillPapper">https://twitter.com/WillPapper</a></li> <li style="font-weight: 400;" aria-level="1">LinkedIn: <a href= "https://www.linkedin.com/in/wpapper">https://www.linkedin.com/in/wpapper</a> </li> </ul>   ConstitutionDAO <ul> <li style="font-weight: 400;" aria-level="1">Twitter: <a href= "https://twitter.com/ConstitutionDAO">https://twitter.com/ConstitutionDAO</a> </li> <li style="font-weight: 400;" aria-level="1">Website: <a href= "https://www.constitutiondao.com/">https://www.constitutiondao.com/</a> </li> <li style="font-weight: 400;" aria-level="1">Contribution page: <a href= "https://juicebox.money/#/p/constitutiondao">https://juicebox.money/#/p/constitutiondao</a> </li> </ul>   Sotheby’s Auction <ul> <li style="font-weight: 400;" aria-level="1">YouTube: <a href= "https://www.youtube.com/watch?v=1TBa-9Lx3vc">https://www.youtube.com/watch?v=1TBa-9Lx3vc</a> </li> </ul>   ConstitutionDAO’s Statement After Losing Auction <ul> <li style="font-weight: 400;" aria-level="1">​​<a href= "https://twitter.com/ConstitutionDAO/status/1461527516670316544">https://twitter.com/ConstitutionDAO/status/1461527516670316544</a> </li> <li style="font-weight: 400;" aria-level="1"><a href= "https://twitter.com/ConstitutionDAO/status/1461498841820192771"> https://twitter.com/ConstitutionDAO/status/1461498841820192771</a> </li> </ul>   Press <ul> <li style="font-weight: 400;" aria-level="1">Not Boring: <a href= "https://www.notboring.co/p/lets-buy-the-us-constitution"> https://www.notboring.co/p/lets-buy-the-us-constitution</a> </li> <li style="font-weight: 400;" aria-level="1">Stratechery: <a href= "https://stratechery.com/2021/constitutiondao-the-need-for-trust-memes-and-reality/"> https://stratechery.com/2021/constitutiondao-the-need-for-trust-memes-and-reality/</a> </li> <li style="font-weight: 400;" aria-level="1">New York Times: <a href= "https://www.nytimes.com/2021/11/17/business/crypto-constitution-sothebys.html?smid=tw-share"> https://www.nytimes.com/2021/11/17/business/crypto-constitution-sothebys.html?smid=tw-share</a></li> <li style="font-weight: 400;" aria-level="1">Wall Street Journal: <a href= "https://www.wsj.com/articles/crypto-investors-want-to-buy-rare-copy-of-u-s-constitution-at-sothebys-auction-11637071590"> https://www.wsj.com/articles/crypto-investors-want-to-buy-rare-copy-of-u-s-constitution-at-sothebys-auction-11637071590</a> </li> <li style="font-weight: 400;" aria-level="1">The Defiant: <a href= "https://thedefiant.io/dao-constitution-4m/">https://thedefiant.io/dao-constitution-4m/</a></li> <li style="font-weight: 400;" aria-level="1">CoinDesk: <a href= "https://www.coindesk.com/tech/2021/11/15/i-think-were-doing-this-inside-one-daos-20m-plot-to-purchase-the-us-constitution/"> https://www.coindesk.com/tech/2021/11/15/i-think-were-doing-this-inside-one-daos-20m-plot-to-purchase-the-us-constitution/</a> </li> <li style="font-weight: 400;" aria-level="1">William Lobkowicz tweet thread: <a href= "https://twitter.com/WRLobkowicz/status/1461401142953402371"> https://twitter.com/WRLobkowicz/status/1461401142953402371</a> </li> </ul>

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Unconfirmed: ConstitutionDAO Did Not Win the Auction. But It Demonstrated the Power of DAOs - Ep.291

Unchained