ConstitutionDAO Has Raised Nearly $31.3M to Auction a Copy of the U.S. Constitution, Exceeding Goal

Rhythm BlockBeats news, on November 18th, Wednesday afternoon, the organizers of ConstitutionDAO stated that they have obtained 7293 ETH (worth about 312,967.51 million) for the auction scheduled to be held on Thursday US$), surpassing the original goal of US$20 million. The auction of the rare copy of the U.S. Constitution was organized by auction house Sotheby’s, and the initial donation target set by ConstitutionDAO was based on an estimate originally proposed by the auction house.

ConstitutionDAO is using a A service called Juicebox was used to collect the funds, which were then kept in a multi-signature Gnosis wallet. The names of the multisignal group holders were revealed earlier this week. To comply with Sotheby's rules, the actual auction will be conducted by a limited liability company.

According to previous reports, ConstitutionDAO plans to raise $20 million to participate in the online auction of the first printed version of the US Constitution to be held at Sotheby's on November 18. The group, dubbed a "financial flash mob" by the New York Times, now says it is underpinned by a planned decentralized autonomous organization that will give token holders the freedom to use documentation. right to speak. Of course, token holders will not own part of the document itself.

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