That let’s a nyone with an Ethereum wallet contribute to the purchase of the US ConstitutionĪll set up in three days thanks to composability, dedication, and vibes.Īnd here’s the best part: I’m not just writing about it, you can get involved. Plus, I’ve spilled a lot of digital ink explaining why web3 is important and how some it it works, but ConstitutionDAO is an in-progress look at how DAOs work and what’s possible with web3:Ī Liquid Super Team of 30 core contributors from leading startups and web3 protocols joined forces We, the People, are going to buy the Constitution. It’s a bridge between web3 and America that should have existed already. The DAO has over 7,900 members in its Discord server, well over $10 million in soft commitments in two days, and $3 million in committed funding on Juicebox in <12 hours. It’s the only remaining privately-owned copy and the proceeds are being donated to a non-profit supporting democracy education. It’s the first time a copy of the US Constitution will go on sale in 33 years But this is by far the coolest thing happening on the internet this week: Whatever I write in here today will be stale by the end of the week. I’m distracted on Twitter and in the Discord. Instead, I decided to spend the next 24 hours participating in and writing about ConstitutionDAO.Īnyway, this won’t be my most well-written piece ever. In the words of Con Air Nic Cage, “Well, Baby-O, it's not exactly mai-thais and yahtzee out here but. Who was I kidding? As Nic Cage said in National Treasure 2: Book of Secrets, “Those who have the ability to take action have the responsibility to take action.” My mind was made up. Yesterday morning, when Nicole Ruiz reached out and asked if I wanted to help out the contributors, my first thought was, “I’d love to, but I’m busy writing tomorrow’s newsletter.”īut like three seconds later, my second thought was, “ You’re not turning down the opportunity to contribute to a history-making DAO so you can write about DAOs, right?” It was a blast, but I was too busy writing to get more involved. I first heard about ConstitutionDAO on Thursday, when Graham Novak, Austin Cain, and Julian Weisser told me about the plan and I joined the Discord. I planned to write about the Olympus DAO forks, the ENS airdrop, NFT fractionalization, appraisal, and lending, and this wild adventure that began on Thursday: ConstitutionDAO.ĬonstitutionDAO is what it sounds like: a DAO organized to purchase a copy of the United States Constitution when it goes up for auction at Sotheby’s this Thursday at 6:30pm ET. This one, which I may still write, was about the idea that while people are waiting for “real use cases” for web3, a set of new web3-native use cases is emerging that might be more important than the “real” ones. Yesterday morning, I was in the middle of writing a typical Not Boring Monday essay.
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There’s a good chance it’s all downhill from here, but let’s try for an encore.įirst, the first Not Boring Syndicate investment, Composer, launches today ? Learn how to get your alpha back at the bottom of the email. It means a lot to me that so many of you are willing to give me some of your valuable time.
Nothing changes here at Not Boring - I’ll still be in your inbox once or twice every week, and Not Boring Capital is full steam ahead - but I’m excited to learn from the world-class team at a16z and work with them to bring web3 knowledge to a wider audience.įinally, on Thursday night, I crossed 100k Twitter followers, which is a meaningless accomplishment that still felt good. That night, The Economist published a piece that Chris Dixon and I wrote on web3, and on Wednesday, I announced that I’m joining Chris and team as an advisor to a16z Crytpo. While that was happening, I made my first CNBC appearance to discuss Rivian’s IPO (the company closed the week at a market cap so steep, $110 billion, you’d need a Rivian to climb it). The replies were fierce - I was getting 15 new notifications per second - and Citron pulled back. That afternoon, Discord CEO Jason Citron replied to my tweet with a preview of Discord’s first web3 integration. On Monday, Mario and I published a piece on Discord. Happy Monday! Last week was a big week around here.