A group called ConstitutionDAO2 has revived the idea of buying rare copies of the U.S. Constitution. The group is made up of ConstitutionDAO, a project that raised $47 million last year and bought a copy through auction house operator Sotheby’s.
However, its bid was defeated by Citadel CEO Ken Griffin, and after the bid was lost, the original team dropped out of the project and token holders voted for a separate team to take over. A new team called PeopleDAO is working on its latest attempt.
The organization is using NFT instead of Token for crowdfunding, and part of the fundraising amount is kept secret to avoid being usurped again.