NFT Cryptobros Paid $3 Million For A Dune Book Assuming That They Bought The Copyright Too?

  • A group of Cryptobros going by the name Spice DAO spent $3 million buying a copy of a book where an avant-garde Chilean filmmaker compiled his notes in an attempt to make Dune, apparently believing that it gave them the copyright.
  • The group wrote on their forum that they aim to sell NFTs of the book before burning it, writing: “The goal is to issue a collection of NFTs that are technically innovative and culturally disruptive. A first-of-a-kind.”
  • The group described the potential burning of the physical book as an “incredible marketing stunt which could be recorded on video. The video even sold as an NFT itself.”

Ellie Abraham from Indy100 writes:

“A group of Cryptobros spent $3 million buying a copy of a book about Alejandro Jodorowsky’s attempt to make Dune, believing that it gave them the rights.

The group going by the name Spice DAO tweeted that they had bought an original copy of the book where the avant-garde Chilean filmmaker compiled his notes, concepts and artwork as he attempted and ultimately failed to make the sci-fi epic in the 1970s.

The book was made famous by a documentary released in 2013 called Jodorowsky’s Dune, which documented the arduous efforts to get the film made which was eventually binned after it was deemed to be far too long expensive.

There are believed to be around ten copies of the book available, as multiple copies had to be made to pass around to producers and executives.

Previous copies have sold for around €25,000, but last year Spice DAO acquired a copy at an auction for €2.66 million ($3 million). A recent tweet has revealed why they spent so much money on the book and what they intended to do with it…”

See full story here.



Categories: Business, Economy, Society, Tech, WTF?

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