This decentralized autonomous organization raised over $40 million to buy the US Constitution

The decentralized organization, ConstitutionDAO has successfully raised over $40 million US Dollars in ETH to bid for a copy of the US Constitution that is going up for auction on Sotheby’s platform. ConstitutionDAO is running with the tagline, “We’re buying the constitution and it will be governed by the people”, given that if they win the bid, then everyone who donated will acquire a governance token providing them with the ability to advise on where the Constitution should be displayed, how it should be exhibited, and the mission and values of ConstitutionDAO. However, it does not imply a fractionalized ownership, rather the ownership of the constitution’s copy with remain with the decentralized organization itself.