No. 2 ConstitutionDAO vs. No. 3 PartyBid

ConstitutionDAO

Not the first but surely the most influential investment DAO, ConstitutionDAO started as a joke after Dame and other members of Gas Station discovered that the U.S. Constitution is being auctioned at Sotheby’s -- and quickly escalated into a 72-hour fire drill that raised $47 million to bid for the Constitution and ultimately lose to the literal Grinch, Ken Griffin. ConstitutionDAO set the bar high for viral crowdfunding (WAGBTC), and lives on as a meme coin with a market cap of nearly $1 billion.

PartyBid

Another experiment that started out as a tweet from Dave White that resulted in Anish Agnihotri creating PartyBid, a tool for individuals to coordinate together to crowdfund, purchase, and manage (e.g., fractionalize) an NFT. Now, PartyBid is managed by PartyDAO, a team of contributors who have shipped PartyBid V2 that comes with a slew of new features like compatibility of OpenSea.