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A DAO that wants to own the Dune Bible has to buy it back from its founder after he pitched in $3 million of his own money to win the auction
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markets.businessinsider.comWarner Bros.
Soban Saqib didn't want to lose the bid for a beloved item like the ConstitutionDAO did.
When his crypto collective, once called Dune DAO but renamed Spice DAO, came up short in its bid for the iconic «Dune Bible,» he pitched in about $3 million to win it at auction.
But here's the catch: Saqib, who goes by «Soby» online, became the item's owner but then faced the conundrum of how to make it the property of the DAO.
The property in question is a collection of plans for the «greatest movie that was never made» based on the Frank Herbert novel «Dune.»
After the novel came out in the US in 1965, director Alejandro Jodorowsky started working on a film that he envisioned would be 10 to 15 hours long, but the project was «doomed,»
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