ConstitutionDAO (PEOPLE) offered decentralized community crowdfunding for historic artifact ownership, showcasing crypto's social impact. More
| Fully Diluted Valuation | $97.52M |
|---|---|
| 24H Trading Volume | $35.69M |
| 24H Low / High | $0.02 / $ 0.02 |
| Circulating Supply | 5.07 B |
| Total Supply | 5.07 B |
| Max Supply | 5.07 B |
| Categories | PolitiFi 2 more |
|---|---|
| Founder | Jonah Erlich 1 more |
| Website | constitutiondao.com |
| Socials | |
| Chains | Ethereum Ecosystem |
| Explorer | Etherscan 2 more |
| Contracts |
0x7a5....36c71
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| Name | Pair | OG Score |
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ConstitutionDAO (PEOPLE) was a short-lived experiment that aimed to purchase an original copy of the U.S. Constitution through a decentralized autonomous organization (DAO). Founded by a core group of 30 individuals, including Jonah Erlich and Graham Novak , the project quickly gained traction on social media, raising $47 million from over 17,000 contributors in just a few days.
The DAO's mission was to democratize ownership of an iconic piece of history by crowdfunding the purchase of one of the 13 original physical copies of the U.S. Constitution. Despite its efforts, ConstitutionDAO was outbid by billionaire hedge fund manager Ken Griffin at a Sotheby's auction. The DAO decided to dissolve and offered full refunds to its community through the PEOPLE token.
PEOPLE, the native token of ConstitutionDAO, has no rights, governance, or utility but can be redeemed for Ethereum. Despite the project's failure to secure the artifact, some community members have expressed interest in using these tokens in future projects.
ConstitutionDAO's unique approach to crowdfunding and its grassroots movement garnered significant attention in the crypto community. The project highlighted the potential of DAOs to mobilize communities for a common cause, even if it ultimately fell short of its goal.
ConstitutionDAO (PEOPLE) was a decentralized autonomous organization (DAO) that aimed to purchase an original copy of the U.S. Constitution through community crowdfunding, showcasing the power of crypto communities to rally behind historic causes.
ConstitutionDAO (PEOPLE) was founded by a core group of 30 individuals, including Jonah Erlich, with a mission to democratize ownership of historical artifacts through decentralized crowdfunding.
ConstitutionDAO (PEOPLE) raised $47 million from over 17,000 contributors, demonstrating widespread community support for its mission to acquire a piece of American history.
You can buy ConstitutionDAO (PEOPLE) on Binance, OKX, BitgetGate.ioBybit cryptocurrency exchanges.
