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<p>[QUOTE=&quot;mirana, post: 9665586, member: 79705&quot;]Definitely one of my favorite stories of moron buyers in the art world... For anyone unaware why it went for 3mil and not 35k:</p><p><br /></p><p>&quot;The book was offered in a Christie’s Paris sale on 22 November with an estimate of €25,000-€35,000 and bought for more than 100 times its low estimate (€2.6m, or $3m, including fees) by an anonymous group identified as Spice DAO (decentralised autonomous organisation), whose members mistakenly believed that the purchase granted them the copyright to the book, which they intended to splice and sell as NFTs before burning the physical copy.</p><p><br /></p><p>The group stated that its goal is to “issue a collection of NFTs that are technically innovative and culturally disruptive, a first-of-its-kind”, and that burning the book would be an “incredible marketing stunt which could be recorded on video”, with the video itself sold as an NFT.</p><p><br /></p><p>Spice DAO also claimed that it would digitise and make the book public, that it would produce an original animated series based on the book for a streaming service, and that it would “support derivative projects”.</p><p><br /></p><p>However, the Internet was quick to point out that the book is already available to view online for free, and that the purchase does not grant Spice DAO the rights to produce works based on its contents. An NFT series, for example, would likely be met with a lawsuit from the actual copyright holders, currently the Herbert Limited Partnership.&quot; - <a href="https://www.theartnewspaper.com/2022/01/17/nft-group-shamed-jodorowsky-dune-book-copyright" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.theartnewspaper.com/2022/01/17/nft-group-shamed-jodorowsky-dune-book-copyright" rel="nofollow">The Art Newsletter</a></p><p><br /></p><p>The &quot;Spice DAO&quot; couldn&#039;t even afford the book and one member put up the rest of the funds. The downfall began almost immediately and they decided to try and resell the book. <a href="https://decrypt.co/106196/spice-dao-to-dissolve-after-infamous-dune-book-auction" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://decrypt.co/106196/spice-dao-to-dissolve-after-infamous-dune-book-auction" rel="nofollow">The group decided to dissolve</a> in Jul 22. </p><p><br /></p><p>And anyone who wants to read it for free, can do that <a href="https://photos.app.goo.gl/5VWpDiZYV8QfJQr1A" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://photos.app.goo.gl/5VWpDiZYV8QfJQr1A" rel="nofollow">here</a>. Highly, highly recommended. Just amazing work.[/QUOTE]</p><p><br /></p>

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