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

“For fundraising, initially we thought about an ERC-20 token like ConstitutionDAO,” Cheong added. “We almost finished that initial contract coding but then several lawyers said ‘Oh, no, no it’s very dangerous’ because the South Korean government still officially prohibits ICO kinds of things.”

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