Name: ConstitutionDAO
Brand: ConstitutionDAO
SKU: PEOPLE
Price: 0.594267275 USD
Availability: InStock
Rating: 4.5 (28 reviews)

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ConstitutionDAO

Mudrex

Market Statistics

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.

As of today #{today’s date}, the price of #{tokenName} is #{coinPriceInr} INR or #{coinPriceUsd} USD, with a 24-hour trading volume of #{dailyVolume} USD. The market capitalization for #{tokenName} is #{marketCap}USD. The circulating supply is #{circulatingSupply} #{tokenName}, with the total supply also being #{totalSupply} #{tokenName}.

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.

The specific founders of ConstitutionDAO are not known, but it was initiated by a group of blockchain enthusiasts and gained widespread community support.

The whitepaper of ConstitutionDAO has yet to be published.