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What is a DAO and why did one just try to buy the US Constitution? – Markets Insider

Little-known groups called DAOs caught the public eye after one crowdfunded $46 million to purchase an original copy of the US…

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U.S. Air Force illustration/James Borland
They almost did it. A cohort of 17,000 people crowdfunded $46 million over the course of several days to purchase an original copy of the US Constitution, but then they lost the bid. 
The group, known as ConstitutionDAO,…

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