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casi18 | 4 years ago

Not anonymous, team is very public. because of US law this is the practical way of actually doing it, the alternative seems to be not doing it and thatd be boring. theres been long discussions for days in the discord, if people have suggestions of a better way to do this come join in.

people are very open to how else could we do this and how it can be improved and secured.

remember this was just a joke in a group chat last week, that speed of development will have issues, but community and reputation matter, and we can lean on that as we solve the legal structure.

discuss

order

pdabbadabba|4 years ago

There are any number of other, more rational ways of doing this. The only "problem" is that they don't involve crypto because, in this case, crypto brings absolutely nothing to the table that I can discern except an increased risk of getting scammed. The most obvious would be to sell shares in a corporation or LLC. That entity could then use the money raised to buy the constitution. That way the funders would actually have something of recognized legal value (fractional ownership in an entity that owns a copy of the U.S. Constitution) instead of a largely worthless "governance token."

Under the current approach, it seems like people are being asked to contribute money so that someone else can buy a copy of the U.S. Constitution, with the funders having--at best--merely a say in how/where it is displayed. I can't imagine why anyone would want to do this, unless they are misunderstanding what they are getting in return for their ETH.

bugzz|4 years ago

> crypto brings absolutely nothing to the table that I can discern except an increased risk of getting scammed

So you think it'd have the same chances of success if it didn't involve crypto? Of course not! Yes the point is it's crypto, it's experimenting with new ways of doing things, and that's what people want to be a part of.

V__|4 years ago

The team may be in the public, but neither on Twitter nor on their website is any imprint or personal information.

The proper way to do it, would be to set up a non-profit organization where each funding/paying member gets voting rights (no crypto needed).

It's funny as a joke and maybe the intention is good, but in the end this could just as well be a new crypto scam and funding this project is the same as gambling at a casino.

wallacoloo|4 years ago

> The proper way to do it, would be to set up a non-profit organization where each funding/paying member gets voting rights (no crypto needed).

You just can’t make something like this happen in < 1 week using the “proper”/traditional methods.

Put differently: those “proper” tools have existed for decades. If they were as easy to use as you claim then why haven’t we seen them used to achieve something comparable to this project yet? (or have we?)

manbart|4 years ago

One of the founders is listed as “Jango from the internet”

shrikant|4 years ago

...whose Twitter profile indicates that they're a Juicebox dev, i.e. the same service being used to "host" the DAO.

I can't put my finger on why exactly, but that seems all manner of shady to me.