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Singapore, Singapore, 26th January, 2022, Chainwire
The sudden birth of HeritageDAO, $HDAO, was the response of the crypto industry to the unfortunate news that two (2) National Treasures in South Korea are coming out to an auction as a desperate measure of one art museum to survive this pandemic. A practice that is highly controversial anywhere in the world, this is the first time and potentially the only time in South Korea to see National treasures out in an Auction.
National Treasure #72: 계미명금동일광삼존불입상: Gilt-bronze Standing Buddha Triad with Inscription of “Gyemi Year”
National Treasure #72 (계미명금동일광삼존불입상: Gilt-bronze Standing Buddha Triad with Inscription of “Gyemi Year”) and #73 (금동삼존불감: Portable Shrine of Gilt-bronze Buddha Triad) are Buddhist artworks from the Year563 and 11th century respectively. HeritageDAO aims to buy these National Treasures and have the seller custody the originals in Korea while $HDAO (1) fractionalize and sell 49% of ownership in the form of Non-Fungible-Tokens and (2) keep 51% to $HDAO.
National Treasure #73: 금동삼존불감 - Portable Shrine of Gilt-bronze Buddha Triad
$HDAO as a collective whole, is to protect, collect, share and enjoy the essence of cultural heritage, covering both monetary and non-monetary aspects in all ages throughout the world. In collaboration with Crayon.Finance, an Animoca Brands and Brinc backed company, $HDAO was initiated by an anonymous expert in the fields of Ancient and Modern arts over a cup of tea on a Sunday afternoon (Link) just 4 days before the K-Auction taking place for the national treasures. Community members began donating to the treasury on January 26 and the raise intends
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