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ConstitutionDAO
ConstitutionDAO was a decentralized autonomous organization (DAO) formed in November 2021 to purchase an original copy of the United States Constitution. The group raised $47 million in Ether cryptocurrency, but lost to a bid of $43.2 million in the Sotheby's auction. The organization was disbanded later that month. Auction and refunds ConstitutionDAO raised $47 million in Ether cryptocurrency A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. It i ..., but lost to a bid of $43.2 million in the Sotheby's auction. The organizers of ConstitutionDAO believed that they would have had insufficient funding to "insure, store, and transport the document" if they had made a higher bid. The organizers said they would refund contributions, minus Ethereum fees. Weeks after the event, around $23 ...
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Original Copies Of The United States Constitution
The United States Constitution was first printed by Dunlap & Claypoole in 1787, during the Constitutional Convention. From the original printing, 13 original copies are known to exist. Dunlap & Claypoole The Constitutional Convention's printers, Dunlap & Claypoole, printed the drafts and final copies of the United States Constitution. John Dunlap and David C. Claypoole had printed for Congress since 1775, including the first copies of the Declaration of Independence and Articles of Confederation, and were designated Congress's official printer in 1778. During the 1787 Constitutional Convention, Dunlap & Claypoole printed 820 draft copies and 500 final copies at a total cost of $420. John Dunlap received the first draft of the Constitution from the Committee of Detail for printing as a seven-page broadside on August 4, 1787, and was turned around in two days for the Convention's members. Copies of this first draft exist in the separately collected papers of the Convent ...
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Decentralized Autonomous Organizations
Decentralization or decentralisation is the process by which the activities of an organization, particularly those regarding planning and decision making, are distributed or delegated away from a central, authoritative location or group. Concepts of decentralization have been applied to group dynamics and management science in private businesses and organizations, political science, law and public administration, economics, money and technology. History The word "''centralisation''" came into use in France in 1794 as the post-Revolution French Directory leadership created a new government structure. The word "''décentralisation''" came into usage in the 1820s. "Centralization" entered written English in the first third of the 1800s; mentions of decentralization also first appear during those years. In the mid-1800s Tocqueville would write that the French Revolution began with "a push towards decentralization... ut became,in the end, an extension of centralization."Vivie ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ...
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ARTnews
''ARTnews'' is an American visual-arts magazine, based in New York City. It covers art from ancient to contemporary times. ARTnews is the oldest and most widely distributed art magazine in the world. It has a readership of 180,000 in 124 countries. It includes news dispatches from correspondents, investigative reports, reviews of exhibitions, and profiles of artists and collectors. History and operations The magazine was founded by James Clarence Hyde in 1902 as ''Hydes Weekly Art News'' and was originally published eleven times a year. From vol. 3, no. 52 (November 5, 1904) to vol. 21, no. 18 (February 10, 1923), the magazine was published as ''American Art News''. From February 1923 to the present, the magazine has been published as ''The Art News'' then ''ARTnews''. The magazine's art critics and correspondents include Arthur Danto, Linda Yablonsky, Barbara Pollock, Margarett Loke, Hilarie Sheets, Yale School of Art dean Robert Storr, Doug McClemont and Museum of Modern Ar ...
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Artnet News
Artnet.com is an art market website. It is operated by Artnet Worldwide Corporation, which has headquarters in New York City, in the United States, and is owned by Artnet AG, a German publicly traded company based in Berlin that is listed on the Frankfurt Stock Exchange. The company increased revenues by 25.3% to 17.3 million EUR in 2015 compared with a year before. Company history The company was founded as Centrox Corporation in 1989 by Pierre Sernet, a French collector who developed database software which allowed images of artworks to be associated with market prices. Hans Neuendorf, a German art dealer, began to invest in the company in the 1990s; he became chairman in 1992 and chief executive officer in 1995. That same year, the name was changed to Artnet Worldwide Corporation. It was taken over by Artnet AG in 1998. Neuendorf's son, Jacob Pabst, became chief executive officer in July 2012. Website Artnet operates an international research and trading platform for ...
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Bloomberg
Bloomberg may refer to: People * Daniel J. Bloomberg (1905–1984), audio engineer * Georgina Bloomberg (born 1983), professional equestrian * Michael Bloomberg (born 1942), American businessman and founder of Bloomberg L.P.; politician and mayor of New York City (2002–2013) * Ramon Bloomberg (born 1972), American artist and film director Other uses * Bloomberg L.P., financial news and media company founded by Michael Bloomberg ** Bloomberg News, a news agency ** ''Bloomberg Businessweek'', weekly business magazine and website ** ''Bloomberg Markets,'' a monthly financial magazine ** Bloomberg Radio, a business radio network ** Bloomberg Television, a business news channel ***Bloomberg TV Canada ***Bloomberg TV Philippines ***Bloomberg TV Malaysia ** Bloomberg Terminal, desktop terminal and software widely used in the financial industry ** Bloomberg Data, API product using sftp or web service protocols to retrieve market data ** Bloomberg Government, online news service co ...
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Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, ''Bloomberg Businessweek'', ''Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has served as editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Journal ...
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The Verge
''The Verge'' is an American technology news website operated by Vox Media, publishing news, feature stories, guidebooks, product reviews, consumer electronics news, and podcasts. The website launched on November 1, 2011, and uses Vox Media's proprietary multimedia publishing platform Chorus. In 2014, Nilay Patel was named editor-in-chief and Dieter Bohn executive editor; Helen Havlak was named editorial director in 2017. ''The Verge'' won five Webby Awards for the year 2012 including awards for Best Writing (Editorial), Best Podcast for ''The Vergecast'', Best Visual Design, Best Consumer Electronics Site, and Best Mobile News App. History Origins Between March and April 2011, up to nine of ''Engadget''s writers, editors, and product developers, including editor-in-chief Joshua Topolsky, left AOL, the company behind that website, to start a new gadget site. The other departing editors included managing editor Nilay Patel and staffers Paul Miller, Ross Miller, Joann ...
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GameStop Short Squeeze
In January 2021, a short squeeze of the stock of the American video game retailer GameStop () and other securities took place, causing major financial consequences for certain hedge funds and large losses for short sellers. Approximately 140 percent of GameStop's public float had been sold short, and the rush to buy shares to cover those positions as the price rose caused it to rise even further. The short squeeze was initially and primarily triggered by users of the subreddit r/wallstreetbets, an Internet forum on the social news website Reddit, although a number of hedge funds also participated. At its height, on January 28, the short squeeze caused the retailer's stock price to reach a pre-market value of over US$500 per share ($125 split-adjusted), nearly 30 times the $17.25 valuation at the beginning of the month. The price of many other heavily shorted securities and cryptocurrencies also increased. On January 28, some brokerages, particularly app-based brokerage servi ...
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Ethereum
Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether (Abbreviation: ETH; sign: Ξ) is the native cryptocurrency of the platform. Among cryptocurrencies, ether is second only to bitcoin in market capitalization. Ethereum was conceived in 2013 by programmer Vitalik Buterin. Additional founders of Ethereum included Gavin Wood, Charles Hoskinson, Anthony Di Iorio and Joseph Lubin. In 2014, development work began and was crowdfunded, and the network went live on 30 July 2015. Ethereum allows anyone to deploy permanent and immutable decentralized applications onto it, with which users can interact. Decentralized finance (DeFi) applications provide a broad array of financial services without the need for typical financial intermediaries like brokerages, exchanges, or banks, such as allowing cryptocurrency users to borrow against their holdings or lend them out for interest. Ethereum also allows users to create and exchange NFTs, which are un ...
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Sotheby's
Sotheby's () is a British-founded American multinational corporation with headquarters in New York City. It is one of the world's largest brokers of fine and decorative art, jewellery, and collectibles. It has 80 locations in 40 countries, and maintains a significant presence in the UK. Sotheby's was established on 11 March 1744 in London by Samuel Baker, a bookseller. In 1767 the firm became Baker & Leigh, after George Leigh became a partner, and was renamed to Leigh and Sotheby in 1778 after Baker's death when Leigh's nephew, John Sotheby, inherited Leigh's share. Other former names include: Leigh, Sotheby and Wilkinson; Sotheby, Wilkinson and Hodge (1864–1924); Sotheby and Company (1924–83); Mssrs Sotheby; Sotheby & Wilkinson; Sotheby Mak van Waay; and Sotheby's & Co. The American holding company was initially incorporated in August 1983 in Michigan as Sotheby's Holdings, Inc. In June 2006, it was reincorporated in the State of Delaware and was renamed Sotheby's. In Ju ...
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