Nicole Ruiz
Appearances
Search Engine
The Bidding War
My name is Nicole Ruiz. I was one of the core team members at ConstitutionDAO. What else? I'm an investor as my day job, but I like going down internet rabbit holes and ConstitutionDAO was one of them.
Search Engine
The Bidding War
Yeah, I think on Friday morning, I was at work and I saw the Reuters article that the Constitution was for sale on Twitter. And I saw some of my friends tweeting about it. And I think I dunked on them because they were like, we're going to make a DAO to buy the Constitution. This is so, like, why do you need a DAO to do that? This seems really silly.
Search Engine
The Bidding War
And then somebody very kindly replied to me and was like, here's the reasons you think it's cool. And I'm like, wait, that is kind of cool within the hour. And I was like, wait, I want to be part of this. And then I...
Search Engine
The Bidding War
I think they were like, being able to fundraise super quickly and be able to do that publicly will lead to greater trust. And because it's in such a short timeline, like the auction is in like eight days, this is truly a really good test of what a DAO can do quickly. Yeah.
Search Engine
The Bidding War
I was like, okay, pull up Discord, get ready to figure out what I can do and who's a part of this and who they need really. I think I'm good at finding people to solve problems. And so I was like, who will make this project even better?
Search Engine
The Bidding War
And then try to find sort of like gaps in operation where people needed help, either just like answering an existential question about getting set up because we're trying to figure out like, What legal entity do we need? What amount of money do we actually need to fundraise reasonably? What does a fundraiser for something like Sotheby's even look like?
Search Engine
The Bidding War
So everybody was sitting in there and sort of lining up. We started projecting the YouTube and everybody was getting in the comments, obviously. And like everybody, all these like spammers were going off with the emojis and like, we're all going to make it. And like getting extraordinarily hype like an hour in advance. So that was... It was very good energy.
Search Engine
The Bidding War
he had his phone out. And so he, you just hear on the phone, like him counting numbers, like 40 million, like setting out numbers and sort of prompting him and like, can you go higher? Can you go higher? Do you want to go higher? How are you feeling? Feeling good.
Search Engine
The Bidding War
Yeah, pretty much. He wasn't saying a whole lot. He'd be like, yeah. Yeah, do it. Oh, we had one other guy from the company that he worked at who was his childhood friend. And so he was sort of calming him down in the minutes up to it. They're talking about how they made pasta as kids together and all that type of stuff, which was really funny.
Search Engine
The Bidding War
It felt... It still felt good. I don't really know if it was like a letdown. Like it was just such a crazy thing that we did.
Search Engine
The Bidding War
It felt very uncertain because we didn't know what was next. I think deep down, maybe we all knew. But yeah, just kind of riding the adrenaline high.
Search Engine
The Bidding War
Yeah, I think the youngest person might have been 16 and the oldest person might have been 35. I could have that wrong by one or two years, but I think that's about it.
Search Engine
The Bidding War
Totally. Totally. Yeah. I mean, technically, technically, I think six people were on the multi-sig. So technically they, they weren't the 16 year old, I don't think was one of the people who could have run away with the money. You know, the multi-sig prevents that in general, but yes, yes. In general, you know, a cool age range.