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DAO
ConstitutionDAO Token PEOPLE Sees Wild Sell-off Following $9M Liquidations
Do "memes" have intrinsic value? ConstitutionDAO's PEOPLE tokens recorded over $9 million in liquidations Friday. This comes as part of a refund mechanism to contributors of ConstitutionDAO, following the collective losing the bid for a copy of the U.S. Constitution at the Christie's auction.

ConstitutionDAO Fails to Buy US Constitution in Sotheby’s Auction
ConstitutionDAO tried and failed to purchase one of 13 copies of the U.S. Constitution at Thursday’s Sotheby’s auction. The decentralized autonomous organization (DAO) ‘s $40+ million in ETH wasn’t enough to seal the deal and was ultimately outbid by another buyer for $43.2 million.

ConstitutionDAO Outbid for First Printing of America’s Founding Document in Sotheby’s Auction
The group known as ConstitutionDAO was outbid by an unknown buyer who submitted a $43.17 million bid at Sotheby’s auction house Thursday. When the gavel banged, a first edition copy of the U.S. Constitution, one of only 13 left in existence, was in new hands.

ConstitutionDAO Raises Over $40M for Sotheby’s Auction, Plans to Issue Governance Token $PEOPLE
A longshot bid for a decentralized autonomous organization (DAO) to buy one of 13 original copies of the U.S. Constitution is looking increasingly like a lock. The group has now raised $40 million and counting, well above auction house Sotheby’s upper estimate of a $20 million price. It also plans to issue governance token "PEOPLE." The panel for "The Hash" discusses the latest in an ongoing story illuminating the power of DAOs.

Bacon Protocol CEO on Minting Home Mortgages as NFTs
In an industry first, Bacon Protocol, a decentralized mortgage platform that provides private investors a solution for lending, is minting eight home mortgages. CEO Karl Jacobs discusses how it all works and what he hopes to achieve.
