4 ms·

>Additionally, the community has expressed strong preferences for institutions that are free to the public and willing to cover the costs associated with housin

>Additionally, the community has expressed strong preferences for institutions that are free to the public and willing to cover the costs associated with housing the document. Had to laugh at this. I'd have a strong preference for others subsidizing my questionable decisions too.

nrmitchi 5y ago
I think it's more than that; "preference" aside, if you can't find a partner willing to cover the costs, how will the upkeep costs be paid for? I see 3 options: 1. They are required to raise additional funding for maintenance. I'm not sure I'd bet on them having the same interest in this project in a couple of months 2. The DAO neglects the item, and it gets irrecoverably damaged/destroyed. The ConstituationDAO has now effectively destroyed a copy of the constitution 3. They find themselves in the position of having to firesale the item in a couple of months when they're unable to cover the associated costs. I'll also add that it would be _possible_ for the DAO to have enough funding after purchasing the item to generate income/returns that can cover the associated costs. Given that their funding is public, and will be participating in an auction, I'm not sure I would bet on having a whole of of funds left over.
- londons_explore 5y ago
  I think it's very unlikely they won't be able to find some organisation to host the document. For an organisation like a museum, who already have secure climate controlled storage, and are already open to the public, it would cost next to nothing extra to keep it. Yet merely having a copy of the constitution will get many more people through the doors to buy postcards in the shop and coffee in the cafe. That will far outweigh the added costs.
  - nrmitchi 5y ago
    I'm not disagreeing that there is likely an organization out there. You lose a lot of negotiating power though when everyone knows that you are going to have a very short deadline, and don't really have an alternative.
    - solveit 5y ago
      Eh, many museums will want this, so the DAO only has no alternative if the museums all collude, which I don't see them doing.
    - londons_explore 5y ago
      Nothing stops you loaning it to a museum for a period, eg. 6 months, giving you time to choose either another place to loan it to or a permanent home. It's common for artifacts to go on 'tours' like this, so as many people as possible get a chance to view them.
simonebrunozzi 5y ago
Several museums would be very happy to host the constitution and just pay for the "storage" fees.

nrmitchi 5y ago

I think it's more than that; "preference" aside, if you can't find a partner willing to cover the costs, how will the upkeep costs be paid for? I see 3 options: 1. They are required to raise additional funding for maintenance. I'm not sure I'd bet on them having the same interest in this project in a couple of months 2. The DAO neglects the item, and it gets irrecoverably damaged/destroyed. The ConstituationDAO has now effectively destroyed a copy of the constitution 3. They find themselves in the position of having to firesale the item in a couple of months when they're unable to cover the associated costs. I'll also add that it would be _possible_ for the DAO to have enough funding after purchasing the item to generate income/returns that can cover the associated costs. Given that their funding is public, and will be participating in an auction, I'm not sure I would bet on having a whole of of funds left over.

londons_explore 5y ago
I think it's very unlikely they won't be able to find some organisation to host the document. For an organisation like a museum, who already have secure climate controlled storage, and are already open to the public, it would cost next to nothing extra to keep it. Yet merely having a copy of the constitution will get many more people through the doors to buy postcards in the shop and coffee in the cafe. That will far outweigh the added costs.
- nrmitchi 5y ago
  I'm not disagreeing that there is likely an organization out there. You lose a lot of negotiating power though when everyone knows that you are going to have a very short deadline, and don't really have an alternative.
  - solveit 5y ago
    Eh, many museums will want this, so the DAO only has no alternative if the museums all collude, which I don't see them doing.
  - londons_explore 5y ago
    Nothing stops you loaning it to a museum for a period, eg. 6 months, giving you time to choose either another place to loan it to or a permanent home. It's common for artifacts to go on 'tours' like this, so as many people as possible get a chance to view them.

simonebrunozzi 5y ago

Several museums would be very happy to host the constitution and just pay for the "storage" fees.