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May 27, 2022 02:08 pm

The Dune crypto collective is facing a reckoning




‘Jodorowsky’s Dune’ production stills and artwork
Concept art from Alejandro Jodorowsky’s Dune bible.



Spice DAO, the cryptocurrency collective that bought a script bible for Alejandro Jodorowsky’s never-made Dune adaptation, is apparently still figuring out what to make of its success. Earlier this week, the collective stopped working with a core member who posted virulently hateful messages as part of a self-described internet art project. Now, the project’s originator has suggested Spice DAO will back off its quixotic goal of creating a community-owned media powerhouse — but it’s not clear the group is actually changing any plans.


Towards the end of 2021, the decentralized autonomous organization (or DAO) raised millions of dollars to purchase a rare copy of Jodorowsky’s Dune bible, then found itself with a sizable leftover treasury...



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Original Link: https://www.theverge.com/2022/5/27/23141188/dune-crypto-collective-spice-dao-nft-tv-series-charlotte-fang-remilia-controversy

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