Rare ‘Dune’ Manuscript Bought on DAO’s Behalf for $3M, but It Only Raised $700K

Rare ‘Dune’ Manuscript Bought on DAO’s Behalf for M, but It Only Raised 0K
Last week, a crypto collective called ConstitutionDAO raised over $40 million in ETH to buy an original copy of the U.S. constitution at auction; it failed, outbid by the hedge fund billionaire Ken Griffin.But the idea of raising $40 million in a week on the strength of a meme has proven enticing, and copycats have emerged.So far, the most interesting of those is DuneDAO, a similar crypto crowdfunding effort that raised over $700,000 to purchase a copy of the manuscript for Chilean director Alejandro Jodorowsky’s notorious, unfinished film adaptation of the classic sci-fi novel “Dune.” This morning, when the hammer…