26: Dune and Done: The Spice DAO Saga (w/ Adi Robertson)

August 05, 2022 01:06:05
26: Dune and Done: The Spice DAO Saga (w/ Adi Robertson)
Scam Economy
26: Dune and Done: The Spice DAO Saga (w/ Adi Robertson)

Aug 05 2022 | 01:06:05

/

Show Notes

Adi Robertson, senior reporter at The Verge, joins Scam Economy with Matt Binder to bring us on the epic journey that is Spice DAO, the decentralized autonomous organization that raised around $12 million in cryptocurrency in order to bid on a rare copy of Alejandro Jodorowsky’s "legendary never-made adaptation" of the classic sci-fi novel, Dune (also known as the Dune Bible). We discuss the $3 million winning bid and how it was well over expected sale price, the infamous confusion over copyright between members of the DAO, all the controversies surrounding votes on animated film production and a certain problematic member of the leadership team, and the most recent news where the creator of this whole project, crypto millionaire Soban "Soby" Saqib has decided to dissolve the DAO and...maybe just sell the book. Support the show: http://www.patreon.com/mattbinder Read Adi's reporting in The Verge on Spice DAO: 1) https://www.theverge.com/2022/1/17/22887948/jodorowsky-dune-bible-spice-dao-derivative-script 2) https://www.theverge.com/2022/2/28/22950868/spice-dao-crypto-jodorowsky-dune-bible-collective-writing-contest 3) https://www.theverge.com/2022/5/27/23141188/dune-crypto-collective-spice-dao-nft-tv-series-charlotte-fang-remilia-controversy 4) https://www.theverge.com/2022/7/27/23280490/spice-dao-jodorowsky-dune-bible-crypto-sale-planned-liquidation Check out the BuzzFeed article mentioned in this episode: https://www.buzzfeednews.com/article/amansethi/spicedao-dunedao-soby Visit http://www.scameconomy.com

Other Episodes

Episode

April 05, 2022 00:24:24
Episode Cover

Axie Infinity, Indentured Servitude (Scam Economy Hotline LIVE Post Show Teaser Clip)

It's a BONUS teaser clip from the Scam Economy Hotline LIVE Post Show #9! In this clip, listener John from Australia calls in to...

Listen

Episode

July 15, 2022 00:48:00
Episode Cover

23: Elon Musk Loves Cryptocurrency (But Elon and Crypto Don't Love You)

Just like crypto, Elon Musk is all hype. So, they're a match made in heaven. Scam Economy host Matt Binder takes a look at...

Listen

Episode

July 08, 2022 00:59:59
Episode Cover

22: Bon Voyager! Your Crypto Loan Cash is Gone (w/ Ed Zitron)

Yet another crypto lender, Voyager Digital, has frozen its customers' funds, pausing withdrawals, and just filed for bankruptcy. But this time, it's even more...

Listen