Spice DAO to Dissolve After Infamous 'Dune' Book Auction

Spice DAO, which auctioned the unpublished manuscript of the Dune film, has announced its dissolution and plans to return $ETH to $SPICE holders. Holders of $SPICE were able to burn their tokens to claim $ETH from the DAO Treasury at a rate of 1M $SPICE = 0.3 $ETH. Previously, Spice DAO announced in January a successful bid for Alejandro Jodorowosky's unpublished manuscript for the Dune film for €2.66 million (about $3.03 million). The project plans to make this manuscript public in the future to the extent permitted by law, produce a limited series of original animations and sell them to streaming platforms to support the community's spin-off projects.