I wonder if this has been applied yet to purchasing property or easements for conservation. It seems like a natural extension. It's something that conservative/liberal hunters/environmentalists could cooperate on.
And I'd think that turning $40M worth of land into a nature preserve could have more value than displaying a sheet of parchment, however sacred.
https://rewilder.xyz does this, and I wouldn't be surprised if there's other similar projects out there.
How unfortunate that the document is being kept in private hands. I am happy to see a DAO see such widespread traction amongst the internet; their discord had over 20,000 members join in just a week.
On the upside I think we will start to see even more interesting DAO projects come to life now that we’ve got product market fit and user traction.
From what I have read, the DAO was also private, controlled by 13 people. The contributors weren't getting fractional ownership, only a vote to decide where the document would have been displayed.
To be specific, contributors were only getting an advisory vote aka suggestion on things that could be done with the document. There was no requirement or impetus for the private owners to heed or even read those suggestions.
The effort fundamentally conflicted with auction dynamics. The DAO had a hard cap on the price they could bid, and the hard cap was publicly known. As interesting as the idea was, it was never going to be successful.