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ConstitutionDAO, a ‘crypto red alert’ and other cases of crypto-powered social action in 2021 -Breaking

by Mike Robinson

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Since the beginning of cryptocurrency, society has been interested in 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. A number of cases could be seen in 2021 as proving the liberatory power of digital asset.

ConstitutionDAO: Just a Few Days, $49,000,000 Raised

ConstitutionDAO is the best-known case in 2021 of massive fundraising efforts that were enabled by an autonomous decentralized organization. This group was created in November for the singular purpose of Purchase an original copy the United States Constitution, which was on auction at Sotheby’s.

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