We the Crypto People Seek a Constitution

We the Crypto People Seek a Constitution

A dozen or so friends from the Internet gathered recently at Sotheby’s in Manhattan to buy a first printing of the U.S. Constitution (estimated value: fifteen to twenty million dollars). The group, who called themselves ConstitutionDAO, had just spent a week raising millions of dollars on Twitter, TikTok, and Discord from anonymous screen names: recent immigrants, … Read more

Behind crypto’s failed bid for the US Constitution

Photo: iStock

Recently, a consortium of crypto investors, ConstitutionDAO, pooled in Ether worth $47 million to buy a first edition of the US Constitution at an auction. They lost, but the effort has brought an application of blockchains and cryptocurrencies to the fore: DAOs.  Here’s  what  it  means: What are DAOs for dummies? Decentralized Autonomous Organization (DAO) is built using smart contracts, a … Read more

Crypto collective loses bid for rare copy of US Constitution to hedge fund mogul

Crypto collective falls short in bid for 1st edition of US Constitution

A group raised $40 million in crypto but wasn’t able to buy a copy of America’s founding document. Getty A hastily formed group of crypto enthusiasts came close to buying a first edition copy of the US Constitution but fell short of securing the document, which was purchased by a hedge fund CEO for $43.2 … Read more

US Constitution copy sells for record $43m as crypto effort fails | Crypto News

US Constitution copy sells for record $43m as crypto effort fails | Crypto News

Buyer of the document hedge fund manager Kenneth Griffin says he plans to loan the Constitution copy to a museum for public display.A rare first printing of the United States Constitution sold at Sotheby’s New York Thursday night for $43.2m – the highest price ever fetched at auction for an historical document –  to a … Read more

Crypto collective falls short in bid for 1st edition of US Constitution

Crypto collective falls short in bid for 1st edition of US Constitution

A group raised $40 million in crypto but wasn’t able to buy a copy of America’s founding document. Getty A hastily formed group of crypto enthusiasts came close to buying a rare first edition copy of the US Constitution but fell short of securing the document, which sold for $43.2 million.The nail-biter of an auction, … Read more

Crypto Group Hopes to Buy US Constitution Copy

ConstitutionDAO, US Constitution, Sotheby’s, auction, crypto group

One of 13 rare, first-edition copies of the U.S. Constitution is being auctioned by Sotheby’s on Thursday (Nov. 18) and a group of cryptocurrency investors — a decentralized autonomous organization (DAO) dubbed ConstitutionDAO — is raising money in hopes of winning the auction. Last month, a DAO known as PleasrDAO purchased a rare Wu-Tang Clan … Read more

Crypto group raises $4 million and counting to buy early copy of US Constitution

Crypto group raises $4 million and counting to buy early copy of US Constitution

Bill Oxford via Getty Images A rare, first edition copy of the US Constitution is going up for auction on Nov. 18, and a crypto group called ConstitutionDAO is currently raising funds to buy it.Sotheby’s, which is conducting the auction, expects the copy to sell for between $15 million and $20 million. This copy of … Read more