Tuesday, March 28, 2023
cryptonews100
No Result
View All Result
CryptoNews100
No Result
View All Result
Home Ethereum

Crypto Enthusiasts Raise $47,000,000 Worth of Ethereum in Effort To Buy Rare Copy of US Constitution

cryptonews100_tggfrn by cryptonews100_tggfrn
November 22, 2021
in Ethereum
0
Crypto Enthusiasts Raise $47,000,000 Worth of Ethereum in Effort To Buy Rare Copy of US Constitution
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


Crypto fans raised roughly $47 million in Ethereum in an try to purchase a replica of the US Constitution at an artwork public sale.

A decentralized autonomous group (DAO) known as ConstitutionDAO raised the cash by greater than 17,000 completely different donors with the aim of shopping for one of solely 13 authentic remaining copies of the doc.

The public sale, held by iconic British public sale home Sotheby’s, was held just about and accepted bids in ETH.

In accordance with ConstitutionDAO, it’s the first DAO that Sotheby’s has ever labored with and doubtlessly the biggest crowdfund for a bodily object they’re conscious of.

When the public sale unfolded, the worth of the Constitution was bid up all the best way to $43 million earlier than the DAO gave up out of concern that they wouldn’t have funds left over for correct care and upkeep of the doc.

Says ConstitutionDAO,

“Whereas this wasn’t the end result we hoped for, we nonetheless made historical past tonight with ConstitutionDAO. That is the biggest crowdfund for a bodily object that we’re conscious of – crypto or fiat. We’re so extremely grateful to have carried out this along with you all and are nonetheless in shock that we even received this far.”

Shortly after ConstitutionDAO was in the end outbid for the relic, it was revealed that the winner of the public sale was billionaire Ken Griffin, CEO of hedge fund and monetary providers agency Citadel. Griffin reportedly plans on lending the historic doc to museums, beginning with the Crystal Bridges Museum of American Artwork in Bentonville, Arkansas.

Test Price Action

Do not Miss a Beat – Subscribe to get crypto e mail alerts delivered on to your inbox

Observe us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines

 

Disclaimer: Opinions expressed at The Every day Hodl usually are not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal threat, and any loses chances are you’ll incur are your duty. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Every day Hodl an funding advisor. Please word that The Every day Hodl participates in internet affiliate marketing.

Featured Picture: Shutterstock/local_doctor

Related articles

Solana (SOL) Falls 0.02%, Underperforms the Crypto Market Thursday – InvestorsObserver

Vechain Dev Tool Update — Electi Consulting and Vechain Deploy … – Medium

March 27, 2023
Coinbase wants devs to build inflation-pegged ‘flatcoins’ on its new ‘Base’ network

Coinbase wants devs to build inflation-pegged ‘flatcoins’ on its new ‘Base’ network

March 27, 2023
spot and derivatives trading, low fees! Use VPN to Spain if in US.





Source link

Tags: BuyConstitutioncopycryptoEffortenthusiastsEthereumraiserareworth
Share76Tweet47
kucoin-exchange

Related Posts

Solana (SOL) Falls 0.02%, Underperforms the Crypto Market Thursday – InvestorsObserver

Vechain Dev Tool Update — Electi Consulting and Vechain Deploy … – Medium

by cryptonews100_tggfrn
March 27, 2023
0

Vechain Dev Tool Update — Electi Consulting and Vechain Deploy ...  Medium Source link

Coinbase wants devs to build inflation-pegged ‘flatcoins’ on its new ‘Base’ network

Coinbase wants devs to build inflation-pegged ‘flatcoins’ on its new ‘Base’ network

by cryptonews100_tggfrn
March 27, 2023
0

Crypto change Coinbase sees inflation-pegged “flatcoins” as one in every of 4 “important” improvements that ought to be constructed on...

Solana (SOL) Falls 0.02%, Underperforms the Crypto Market Thursday – InvestorsObserver

NFT Trader Accidentally Burns $129K CryptoPunk – Decrypt

by cryptonews100_tggfrn
March 26, 2023
0

NFT Trader Accidentally Burns $129K CryptoPunk  Decrypt Source link

Euler Finance exploiter returns over 58,000 stolen Ether

Euler Finance exploiter returns over 58,000 stolen Ether

by cryptonews100_tggfrn
March 26, 2023
0

The hacker behind the $196 million exploit on lending protocol Euler Finance has returned the vast majority of the stolen...

Solana (SOL) Falls 0.02%, Underperforms the Crypto Market Thursday – InvestorsObserver

Ethereum holders might be elated to know this about exchange balance – AMBCrypto News

by cryptonews100_tggfrn
March 26, 2023
0

Ethereum holders might be elated to know this about exchange balance  AMBCrypto News Source link

Load More

Crypto Fear & Greed Index

Latest Crypto Fear & Greed Index

Recent News

Solana (SOL) Falls 0.02%, Underperforms the Crypto Market Thursday – InvestorsObserver

CFTC Sues Binance, CEO CZ for Allegedly Breaking US Laws – BSC NEWS

March 28, 2023
An overview of fake product detection using blockchain technology

An overview of fake product detection using blockchain technology

March 27, 2023
Solana (SOL) Falls 0.02%, Underperforms the Crypto Market Thursday – InvestorsObserver

Vechain Dev Tool Update — Electi Consulting and Vechain Deploy … – Medium

March 27, 2023

Categories

  • Alt Coins
  • Bitcoin
  • Blockchain
  • Cardano
  • Chainlink
  • Cryptocurrency
  • Dogecoin
  • Elon Musk
  • Ethereum
  • ICO
  • Litecoin
  • Market & Analysis
  • Pokadot
  • Polygon
  • Shiba Inu
  • Solana
  • The FED
  • Uncategorized
  • VeChain
  • XRP

Download the official CryptoNews100 Android App! Click the button below:

Tags

ADA (633) Big (591) Binance (380) Bitcoin (4302) blockchain (1055) BTC (715) Buy (512) Cardano (1465) ChainLink (497) coin (912) Cointelegraph (437) crypto (4122) Cryptocurrencies (503) Cryptocurrency (1824) Cryptos (404) DOGE (769) Dogecoin (1945) Elon (495) ETH (583) Ethereum (2374) eyes (466) Heres (405) Inu (1489) investors (420) Litecoin (717) market (1424) Musk (413) News (1505) NFT (477) Polkadot (645) POLYGON (794) prediction (526) price (2425) prices (409) Ripple (508) SHIB (567) Shiba (1523) Solana (1190) Terra (418) today (654) token (509) top (776) VeChain (736) VET (377) XRP (909)

© 2021 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Alt Coins
    • Cardano
    • Dogecoin
    • Litecoin
    • Pokadot
    • Polygon
    • Shiba Inu
    • Solana
    • XRP
    • VeChain
  • Market & Analysis
    • Blockchain
    • The FED
    • ICO
  • Profit with Crypto
    • Crypto Exchanges
    • Crypto Interest-Earning Accounts
    • Crypto Retirement Accounts

© 2021 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.