Decoder with Nilay Patel cover image

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

Decoder with Nilay Patel

CHAPTER

The Birth of Constitution DAO

This chapter details the origin and evolution of Constitution DAO, sparked by a meme about purchasing a historic copy of the U.S. Constitution. It explores the dynamic transition from casual discussions to a serious crowdfunding initiative, highlighting teamwork, regulatory challenges, and the emotional motivations of contributors. The conversation also delves into the complexities of decentralized ownership and the interplay between technology and traditional legal frameworks in achieving their ambitious goal.

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