Crypto Powers the Largest Crowdfund Ever

(2-minute read) This could be the next big trend in crypto…

Crypto Powers the Largest Crowdfund Ever By Ian King Editor, Strategic Fortunes Dear Winning Investor, In September 1787, printers made 500 copies of the U.S. Constitution. Only 13 out of the 500 copies remain.  Of those remaining 13, 11 of them are at places like the Library of Congress. That leaves only two in private collections.   It’s been decades since one of these copies went up for sale.  So when Sotheby’s announced its intention to auction a copy of the U.S. Constitution, the world took notice.  And a group of crypto entrepreneurs hatched a brilliant plan to purchase it.  Experts Say It’s “One of the Most Disruptive Stocks in the World!” “Sadly, most Americans are investing in the wrong place. There is a new stock market full of opportunity. A place where the biggest gains are yet to be made. Yet few know about it,” says leading technology expert Ian King. This is why King just issued an urgent buy alert on a disruptive tech stock that’s leading the charge. Details here… The Next Big Trend in Crypto ConstitutionDAO formed to crowdfund the purchase of a copy of the U.S. Constitution. The crypto network raised over $42 million in a matter of days from 17,000 participants, who each contributed an average of $206.26 in Ethereum. This seemed more than enough given that Sotheby’s estimated the copy would sell between $10 million to $15 million.  Sotheby’s said: “This is the largest crowdfund for a physical object that we are aware of — crypto or fiat.” But “we the people” of the DAO didn’t win the bidding war.  Unfortunately, Citadel founder Ken Griffin outbid it. You might recognize his hedge fund’s name. Some people have accused it of partnering with Robinhood and profiting off the little guy’s orders. So, the DAO was unsuccessful. But this could be the next big trend in crypto… Like an LLC for the Internet Age A DAO (pronounced “dow”) is short for decentralized autonomous organization.  It’s an online organization founded for a common purpose.  It allows for the formation of an online community that can pool funds. Computer code can govern those funds. Think of DAOs like an LLC for the internet age.  There are DAOs dedicated to purchasing rare NFTs (such as CryptoPunks or Bored Apes).  Members can have a stake in these rare digital items for a small investment. There are DAOs that invest in decentralized finance to earn higher yields. There are also DAOs that purchase real-world items.  For example, PleasrDAO bought a rare Wu-Tang Clan album for $4 million. (Your editor would have liked to be a part of this one!) A New Form of Online Governance Sometimes, DAOs require ownership of a specific NFT.  This is possible with new apps that use your digital wallet to verify access to a website or Discord server.  And some of these NFTs are more expensive than the ritziest golf club in Palm Beach, Florida.  There’s a lot of excitement around DAOs right now. One nearly purchased a copy of the U.S. Constitution! Even though it failed, a new form of online governance was born.  Regards, Ian King Editor, Strategic Fortunes From open till noon Eastern time. Telecom Italia S.p.A. (OTC: TIIAY), Italy’s largest telecom operator, is up 30% this morning on huge news. Read more here… Vonage Holdings Corp. (Nasdaq: VG) is another telecom company that’s up big today. The stock soared 25% thanks to a major announcement. Click here for details… Astra Space Inc. (Nasdaq: ASTR) is a space launch company that skyrocketed 23% this morning. 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