DAO
The Evolution of DAO And What Mainstream Media Gets Wrong About Crypto
Matt Leising, the co-founder of blockchain tech firm DeCential, discusses the potentially false narratives about crypto in the media. Plus, insights into the evolution of decentralized autonomous organizations (DAOs), thoughts on the ConstitutionDAO project, and views on stablecoins.
ConstitutionDAO Token PEOPLE Sees Wild Sell-off Following $9M Liquidations
Do "memes" have intrinsic value? ConstitutionDAO's PEOPLE tokens recorded over $9 million in liquidations Friday. This comes as part of a refund mechanism to contributors of ConstitutionDAO, following the collective losing the bid for a copy of the U.S. Constitution at the Christie's auction.
ConstitutionDAO Fails to Buy US Constitution in Sotheby’s Auction
ConstitutionDAO tried and failed to purchase one of 13 copies of the U.S. Constitution at Thursday’s Sotheby’s auction. The decentralized autonomous organization (DAO) ‘s $40+ million in ETH wasn’t enough to seal the deal and was ultimately outbid by another buyer for $43.2 million.
ConstitutionDAO Outbid for First Printing of America’s Founding Document in Sotheby’s Auction
The group known as ConstitutionDAO was outbid by an unknown buyer who submitted a $43.17 million bid at Sotheby’s auction house Thursday. When the gavel banged, a first edition copy of the U.S. Constitution, one of only 13 left in existence, was in new hands.
