A ragtag effort to raise enough money to buy a rare copy of the US Constitution is coming to an official end after the group failed to win at a Sotheby’s auction last week.
In a Discord message to supporters, donors and contributors, core team member Graham Novak wrote that despite explorations of alternative uses of the nearly $48 million raised, it was „determined that building and maintaining an ongoing project is not something that we as a core team are able to support, given the technical and administrative requirements of doing it properly.” Potential paths forward were initially teased following the conclusion of the auction, with donors being given the option to request refunds for the funds they contributed minus transaction costs.
Novak wrote:
„The community has taken all actions that it was organized to accomplish: we raised capital, we bid at Sotheby’s, and upon losing, we made full refunds available to the community as promised. At this time we want to encourage any
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