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My favorite part is: > We intend to put The Constitution in the hands of The People. Like the US Archives aren't owned by the government of the people. Instea

My favorite part is: > We intend to put The Constitution in the hands of The People. Like the US Archives aren't owned by the government of the people. Instead this will be owned by a very few ETH holders willing to participate. But this might be one of the biggest fundraisers I've seen and it probably wouldn't have happened without the crypto ecosystem. For that, I am very excited.

casi18 5y ago
it has previously been in a private collection, and without constitutiondao would end up in another private collection. the intention of the dao is clear, display it in a public museum with free entry. and yes, from a joke last friday to likely suceeding in less than a week! exciting. the velocity of daos is remarkable, and i think it is a just a small hint of what is to come in the future. and it is coming quick. (meanwhile i expect hn to continue talking about tulips or something :)
- holonomically 5y ago
  Have there been any DAOs designed for long term impact that have been successful at their intended task? Is there a DAO for nuclear fusion and fission projects or anything else that has real world relevance?
  - kreeben 5y ago
    I'd like a WebSearchDAO please, that would only turn evil if everybody wanted it to.
    - holonomically 5y ago
      Cool idea but this makes too much sense for anyone in the crypto community to take it seriously. They mostly care about what gets the most likes and upvotes on Twitter and Reddit.
      - wallacoloo 5y ago
        you’re criticizing this approach, but twitter and reddit matter. how do you get 10000 people to each give $2000 to a project over the course of 3 days? no startup, no matter how good their product, pulls that off without a strong marketing team. most fail even with traditional marketing. how do you sell to the millenial/zoomer audience? memes. you make it a social experience. you create not just shared governance over a document, but an entire community around it. organize events like watch parties, etc. especially covid era, creating communities is more valuable to certain groups than is creating an incrementally better search engine.
        holonomically 5y ago
        I don't understand what you're arguing. I don't find meaning, value, and substance in memes and digital communities structured around DAOs. I'd much rather be involved in some real world community that is working towards solving some tangible problem instead of wasting my time speculating on pixelated NFTs or buying something that already belongs to every citizen of the United States.
        zachmx 5y ago
        I think you're missing the point. What if it became a meme to collectivize around a DAO that meme-ifies fighting climate change? Would that be something that interests you? A good example of someone that already altruistic things for the world and makes it fun is Mr. Beast on youtube. For instance on a quick search I found this video of him rallying a bunch of people to clean an extremely dirty beach. https://www.youtube.com/watch?v=cV2gBU6hKfY https://www.youtube.com/watch?v=cV2gBU6hKfY Humor and productivity don't have to be mutually exclusive. Maybe humor and fun is the way we get the average person to engage in collective action and do things that everybody thinks are impossible otherwise. Maybe you could use your imagination a little bit to potentially think about why something like ConstitutionDAO might have larger implications than "it's just another ponzi-scheme. Or fall in line with the rest of Hacker News that fails to see how real people can benefit from an interesting technology.
PragmaticPulp 5y ago
> Like the US Archives aren't owned by the government of the people. Instead this will be owned by a very few ETH holders willing to participate. The ConstitutionDAO changed their website to remove references to distributed ownership. They went on to clarify that owners of the token won't have fractional ownership of the copy of the constitution. The also added clarification on the website about ownership questions: > No. You are receiving a governance token, not fractionalized ownership. Governance includes the ability to advise on (for illustrative purposes) where the Constitution should be displayed, how it should be exhibited, and the mission and values of ConstitutionDAO. ConstitutionDAO is taking donations and donors are receiving governance tokens with no expectation of profit. So someone will technically own it, but it won't be the people who bought these tokens. In theory the token holders can vote on things, but they go out of their way to clarify that the votes are advisory in nature. Anyone who buys into this is basically making a donation to this group. The crypto and DAO stuff is just window dressing.
- shiftpgdn 5y ago
  This is rather unfortunate. I understand they have good intentions of keeping an important document out of private collector hands but this would have been a stellar time to issue governance tokens and expose the wider world to the potential offered by DAOs.
  - lottin 5y ago
    And what would that potential be? Just curious, I don't see any potential.
  - javert 5y ago
    It cannot be taken for granted that they have good intentions. In the crypto/NFT/DAO space, be suspicious until proven otherwise.
    - jimkleiber 5y ago
      > It cannot be taken for granted that they have good intentions. This is where I pull back and kinda laugh with irony at the effort. Much of this process (most likely because of the hurried pace) seems to be "just trust us" but wasn't the whole point of the Constitution to build a system of checks and balances so we didn't have to just trust one group of people?
tata71 5y ago
and it happened in...3 days?!

casi18 5y ago

it has previously been in a private collection, and without constitutiondao would end up in another private collection. the intention of the dao is clear, display it in a public museum with free entry. and yes, from a joke last friday to likely suceeding in less than a week! exciting. the velocity of daos is remarkable, and i think it is a just a small hint of what is to come in the future. and it is coming quick. (meanwhile i expect hn to continue talking about tulips or something :)

holonomically 5y ago
Have there been any DAOs designed for long term impact that have been successful at their intended task? Is there a DAO for nuclear fusion and fission projects or anything else that has real world relevance?
- kreeben 5y ago
  I'd like a WebSearchDAO please, that would only turn evil if everybody wanted it to.
  - holonomically 5y ago
    Cool idea but this makes too much sense for anyone in the crypto community to take it seriously. They mostly care about what gets the most likes and upvotes on Twitter and Reddit.
    - wallacoloo 5y ago
      you’re criticizing this approach, but twitter and reddit matter. how do you get 10000 people to each give $2000 to a project over the course of 3 days? no startup, no matter how good their product, pulls that off without a strong marketing team. most fail even with traditional marketing. how do you sell to the millenial/zoomer audience? memes. you make it a social experience. you create not just shared governance over a document, but an entire community around it. organize events like watch parties, etc. especially covid era, creating communities is more valuable to certain groups than is creating an incrementally better search engine.
      - holonomically 5y ago
        I don't understand what you're arguing. I don't find meaning, value, and substance in memes and digital communities structured around DAOs. I'd much rather be involved in some real world community that is working towards solving some tangible problem instead of wasting my time speculating on pixelated NFTs or buying something that already belongs to every citizen of the United States.
        zachmx 5y ago
        I think you're missing the point. What if it became a meme to collectivize around a DAO that meme-ifies fighting climate change? Would that be something that interests you? A good example of someone that already altruistic things for the world and makes it fun is Mr. Beast on youtube. For instance on a quick search I found this video of him rallying a bunch of people to clean an extremely dirty beach. https://www.youtube.com/watch?v=cV2gBU6hKfY https://www.youtube.com/watch?v=cV2gBU6hKfY Humor and productivity don't have to be mutually exclusive. Maybe humor and fun is the way we get the average person to engage in collective action and do things that everybody thinks are impossible otherwise. Maybe you could use your imagination a little bit to potentially think about why something like ConstitutionDAO might have larger implications than "it's just another ponzi-scheme. Or fall in line with the rest of Hacker News that fails to see how real people can benefit from an interesting technology.

PragmaticPulp 5y ago

> Like the US Archives aren't owned by the government of the people. Instead this will be owned by a very few ETH holders willing to participate. The ConstitutionDAO changed their website to remove references to distributed ownership. They went on to clarify that owners of the token won't have fractional ownership of the copy of the constitution. The also added clarification on the website about ownership questions: > No. You are receiving a governance token, not fractionalized ownership. Governance includes the ability to advise on (for illustrative purposes) where the Constitution should be displayed, how it should be exhibited, and the mission and values of ConstitutionDAO. ConstitutionDAO is taking donations and donors are receiving governance tokens with no expectation of profit. So someone will technically own it, but it won't be the people who bought these tokens. In theory the token holders can vote on things, but they go out of their way to clarify that the votes are advisory in nature. Anyone who buys into this is basically making a donation to this group. The crypto and DAO stuff is just window dressing.

shiftpgdn 5y ago
This is rather unfortunate. I understand they have good intentions of keeping an important document out of private collector hands but this would have been a stellar time to issue governance tokens and expose the wider world to the potential offered by DAOs.
- lottin 5y ago
  And what would that potential be? Just curious, I don't see any potential.
- javert 5y ago
  It cannot be taken for granted that they have good intentions. In the crypto/NFT/DAO space, be suspicious until proven otherwise.
  - jimkleiber 5y ago
    > It cannot be taken for granted that they have good intentions. This is where I pull back and kinda laugh with irony at the effort. Much of this process (most likely because of the hurried pace) seems to be "just trust us" but wasn't the whole point of the Constitution to build a system of checks and balances so we didn't have to just trust one group of people?

tata71 5y ago

and it happened in...3 days?!