LONDON :A crowd-funded bid by cryptocurrency enthusiasts to buy a rare copy of the U.S. constitution fell short on Thursday, after the document sold to another buyer at auction for US$41 million.
"Community: We did not win the bid," ConstitutionDAO said on Twitter, promising its 17,437 contributors a refund minus transaction fees. It last sold for US$165,000 in 1988, when it was acquired by the late S. Howard Goldman, a New York real estate developer and collector of American autographs, documents and manuscripts.
The ConstitutionDAO website https://www.constitutiondao.com had said contributors would become members of the Decentralised Autonomous Organisation, or DAO, but would not themselves have had a stake in the document.
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