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ConstitutionDAOf
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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.
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