ConstitutionDAO
PEOPLE
Watchlist
₹5.64
LIVE
Watchlist
24H Low ₹4.91
24H High ₹5.81
Price of PEOPLE today
The current live price of PEOPLE today is ₹5.64, with a 24-hour trading volume of ₹32,64,58,01,132.34. Our PEOPLE to INR price is updated in real-time. PEOPLE has seen a increment of 5.81% in the last 24 hours. With a live market cap of ₹29,01,56,56,905.00 , the circulating supply is at 5,060,137,335 PEOPLE coins, with a maximum supply of 5,060,137,335PEOPLE coins.
ConstitutionDAO Price History
Date Comparison | Amount Change | % Change |
---|---|---|
Today | ₹0.24 | 4.39% |
7 Days | -₹0.32 | 5.34% |
30 Days | -₹0.73 | 11.12% |
1 Year | ₹3.99 | 341.3% |
ConstitutionDAO Price Information
Price Change (1hr)
5.74%
Price Change (24hr)
4.39%
Price Change (7d)
5.34%
ConstitutionDAO Market Stats
Market Cap
₹29,01,56,56,905.00
Fully Diluted Market Cap
₹29,01,56,56,905.00
24hr Volume
₹32,64,58,01,132.34
48.21%
Circulating Supply
5060137334.7 PEOPLE
Total Supply
5060137334.7 PEOPLE
Things to know about ConstitutionDAO
What is ConstitutionDAO (PEOPLE)?
ConstitutionDAO (PEOPLE) was a decentralized autonomous organization (DAO) aimed at purchasing an original copy of the U.S. Constitution. Despite raising $47 million in Ether, the DAO lost the auction. Following this, the project was concluded, and the PEOPLE token was distributed to contributors as a certificate of their donation. The token now exists without official utility or governance rights, but parts of the community have expressed interest in incorporating it into future projects.
Tokenomics
Total Supply:
5.07 billion PEOPLE tokens.
Circulating Supply:
5.07 billion PEOPLE tokens, matching the total supply.
Redemption:
Tokens can be redeemed for ETH at a 1 ETH: 1,000,000 PEOPLE ratio.
Market Data
As of today #{today’s date}, the price of ConstitutionDAO is ₹5.64 INR or 0.06374 USD, with a 24-hour trading volume of 368879108.84 USD. The market capitalization for ConstitutionDAO is 327860530USD. The circulating supply is 5060137334.7 ConstitutionDAO, with the total supply also being 5060137334.7 ConstitutionDAO.
Token Pros and Cons
Pros:
Historical Significance:
Being part of a significant crowdfunding event represents a unique moment in crypto history.
Community Support:
Has a dedicated community interested in finding new utilities for the token.
Redemption Option:
Holders can redeem tokens for ETH, providing a form of inherent value.
Decentralized Origins:
Born from a decentralized movement, embodying the ethos of blockchain and community governance.
Potential for Future Projects:
The community’s interest could lead to innovative uses and increased demand.
Cons:
Lack of Official Utility:
Beyond redemption for ETH, the token has no official use cases.
Project Conclusion:
The original purpose of the DAO has been fulfilled, and the core team has disbanded.
Market Volatility:
PEOPLE tokens are subject to high market volatility, as with many cryptocurrencies.
Uncertain Future:
Without a clear roadmap, the token’s long-term value is speculative.
Regulatory Risks:
The evolving regulatory landscape for cryptocurrencies could impact the token’s viability.
Why Should You Invest in the Coin?
Part of Crypto History:
Ownership of PEOPLE tokens ties you to a notable event in the crypto world.
Community Potential:
The active community may develop new projects that increase the token’s value.
Redemption Value:
The ability to redeem tokens for ETH provides a baseline value.
Speculative Growth:
Interest in the token could lead to speculative growth as new utilities are explored.
Decentralization and Innovation:
Investing supports the ethos of decentralization and innovation within the crypto space.
USP of the coin
Historical Significance:
The token represents a pioneering effort to use DAOs for publicly crowdfunding physical assets.
Redemption Mechanism:
Unique among tokens, PEOPLE can be redeemed for ETH, providing a tangible link to its crowdfunding origins.
Community-Driven Future:
The token’s future is in the hands of its community, offering a decentralized approach to finding new utilities.
Problem the coin is solving
ConstitutionDAO aimed to demonstrate the power of decentralized finance and collective action in purchasing significant historical artifacts. Although the auction was lost, the project showcased the potential for DAOs to mobilize resources quickly and transparently.
Founder and team background
The specific founders of ConstitutionDAO are not known, but it was initiated by a group of blockchain enthusiasts and gained widespread community support.
ICO Price
ICO Price:
$0.049 per PEOPLE.
Listing Date:
27th November 2021.
Tokens Sold:
5.06 billion PEOPLE.
Risks Associated in Investing in the Coin
No Official Utility:
The token currently lacks a defined purpose or utility.
Project Conclusion:
The original DAO’s mission has ended, and the core team has disbanded.
Speculative Nature:
Future value is highly speculative and dependent on community initiatives.
Regulatory Uncertainty:
Changes in cryptocurrency regulation could impact the token.
Market Volatility:
Like all cryptocurrencies, PEOPLE is subject to market fluctuations.
Summary of the Whitepaper
The whitepaper of ConstitutionDAO has yet to be published.
Returns Calculator
Investment Amount
Investment Period
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PEOPLE to Converter
Quantity
PEOPLE
Price
₹
Price as per 12:57 PM • 09 Nov 2024
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What is the price of ConstitutionDAO (PEOPLE)?
The current price of ConstitutionDAO (PEOPLE) in INR is ₹5.64 INR.
What is the current PEOPLE market cap?
The current market capitalization of ConstitutionDAO (PEOPLE) is ₹29,01,56,56,905.00 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of PEOPLE by the number of coins in circulation.
What is the current supply of ConstitutionDAO (PEOPLE)?
The current supply of ConstitutionDAO (PEOPLE) is 5060137334.7 PEOPLE. This figure represents the total number of coins that have been mined and are currently in circulation.
What is the 24 trading volume of ConstitutionDAO (PEOPLE)?
The 24-hour trading volume of ConstitutionDAO (PEOPLE) in INR is ₹32,64,58,01,132.34. This figure represents the total value of all PEOPLE transactions across various exchanges within the last 24 hours.
How to Buy ConstitutionDAO (PEOPLE) in India?
To buy ConstitutionDAO (PEOPLE) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in PEOPLE.
Can I buy ConstitutionDAO (PEOPLE) with UPI?
Yes, you can buy ConstitutionDAO (PEOPLE) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.
How to Convert ConstitutionDAO (PEOPLE) to Indian Rupee (INR)?
To convert ConstitutionDAO (PEOPLE) to Indian Rupee (INR), you can use our PEOPLE/INR conversion rates in real time.