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We’re thankful for your support of Đầu tư sớm. So while we typically only offer our Crypto Insider videos to Nhà đầu tư giai đoạn đầu subscribers, we’re sharing today’s video with the Đầu tư sớm community. (If you’d like to get more of these videos, kiểm tra Nhà đầu tư giai đoạn đầu.)
Buckle up. This one’s a doozy.
Last week, a community of crypto investors crowdfunded more than $40 million in just 72 hours. The group’s goal was to buy a copy of the U.S. Constitution in an auction. ConstitutionDAO — the decentralized autonomous organization that pooled investor money to bid on the historical document — unfortunately lost the bid to hedge fund CEO Kenneth Griffin.
Despite the loss, the crowdfunding effort was a remarkable feat. ConstitutionDAO generated tons of publicity for the auction, demonstrated the incredible power of crowdsourcing and showed just how impactful DAOs can be.
In this episode of Crypto Insider, Vin Narayanan and Andy Gordon discuss the movement’s seemingly anti-1% sentiment, Griffin’s anti-crypto views, Ethereum’s watershed moment and more.
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