PEOPLE Logo

ConstitutionDAO

(PEOPLE)

$ 0.03

3.1 % (24H)

ConstitutionDAO Data

Price Range (24H)

Current Price

Lowest

$ 0.029

Highest

$ 0.031

ATH

$ 0.14

Price Change (24h)

3.1 %

Price Change (7d)

0 %

Market Cap

$ 154,228,000

24h Volume

$ 29,589,000

Circulating Supply

5.066 B

Max Supply

-1

ConstitutionDAO Overview

ConstitutionDAO (PEOPLE) was a decentralised autonomous organisation (DAO) formed in November 2021 to purchase an original copy of the U.S. Constitution. It raised $47 million via Ether contributions but lost the auction. The native token, $PEOPLE, granted participants voting rights and a stake in the project's governance. Although the DAO disbanded after the failed bid, it demonstrated the potential of blockchain for collective ownership and decentralised decision-making. ConstitutionDAO was created by Trent Griffin and a group of cryptocurrency enthusiasts, showcasing blockchain's application in acquiring and managing rare assets.