A Struggling South Korean Museum is Auctioning National Treasures; Meet the 2 DAOs Trying to Buy Them

A Struggling South Korean Museum is Auctioning National Treasures; Meet the 2 DAOs Trying to Buy Them
South Korea’s oldest private art museum will be auctioning two sculptures designated as “national treasures” by the South Korean government, and two decentralized autonomous organizations (DAOs) will be among the bidders on Thursday.The DAOs – National Treasure DAO and HeritageDAO – formed independently from each other when South Korean media reported on the financially-struggling Gansong Museum’s auction earlier this month. But they share a common goal: to prevent the artifacts from ending up in a private collection, where the public won’t be able to see them. The Gansong Museum has been closed since 2014 and has sold artwork to pay…