ConstitutionDAO and web3’s big hurdle explained
Recently, a consortium of crypto investors, ConstitutionDAO, pooled in Ether worth $47 million to buy a first edition of the US Constitution at an…
Browsing Tag
ConstitutionDAO
ConstitutionDAO refunds $27 million, but fees are high to get a refund
As of last Thursday night, ConstitutionDAO found itself in possession of around $49.8 million it wasn’t able to spend. The group’s organizers only had a…
ConstitutionDAO will shut down after losing bid for Constitution
The organizers behind ConstitutionDAO have decided to shut the group down after raising $47 million in cryptocurrency and then failing to win an auction…
Hedge fund billionaire outbid ConstitutionDAO for US Constitution copy
It turns out the way to beat the collective will of the internet’s cryptocurrency fans is to have way, way more money than them. Ken Griffin, the CEO and…
ConstitutionDAO loses $43 million auction of rare US Constitution copy
A quickly assembled group of crypto enthusiasts who crowdfunded an astonishing $47 million in funds to bid for a rare copy of the US Constitution lost out…