ConstitutionDAO, a ‘crypto red alert’ and other cases of crypto-powered social action in 2021 -Breaking
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Since the beginning of the cryptocurrency revolution, society has been fascinated by the potential for ().BTCThis is one of their key selling points. Decentralized crypto-based systems allow individuals to come together and work towards common goals. They also offer the ability to pool resources, while still being protected from external control. There were many cases in 2021 that can be used to demonstrate the emancipatory potential of digital assets.
ConstitutionDAO: In a matter of days, $49 Million raised
ConstitutionDAO was, without doubt, the case with the largest fundraising success in 2021 thanks to a decentralized autonomous group. It was established in November and had the single purpose of Original copy of United States Constitution available for purchase, which was on auction at Sotheby’s.
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What’s next?
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