ConstitutionDAO (PEOPLE) traded 1.1% higher against the US dollar during the 24-hour period ending at 21:00 PM E.T. on September 7th. ConstitutionDAO has a total market cap of $265.48 million and approximately $110.38 million worth of ConstitutionDAO was traded on exchanges in the last 24 hours. One ConstitutionDAO token can currently be purchased for $0.0525 or 0.00000097 BTC on popular cryptocurrency exchanges. During the last week, ConstitutionDAO has traded 25.6% lower against the US dollar.
Here is how related cryptocurrencies have performed during the last 24 hours:
- Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
- Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
- CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
- Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
- Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
- Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
- AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
- MVP Coin (MVP) traded down 4.5% against the dollar and now trades at $0.0506 or 0.00000094 BTC.
- 2G Carbon Coin (2GCC) traded down 0.4% against the dollar and now trades at $0.0480 or 0.00000183 BTC.
ConstitutionDAO Profile
ConstitutionDAO launched on November 15th, 2021. ConstitutionDAO’s total supply is 5,060,137,335 tokens and its circulating supply is 5,053,572,056 tokens. ConstitutionDAO’s official Twitter account is @constitutiondao and its Facebook page is accessible here. The official website for ConstitutionDAO is www.constitutiondao.com.
ConstitutionDAO was a decentralized autonomous organization (DAO) created in November 2021 with the goal of purchasing an original copy of the United States Constitution. It was formed by a group of cryptocurrency enthusiasts and investors who were motivated by the idea of using blockchain technology to facilitate the collective ownership and management of rare assets. ConstitutionDAO conducted a fundraising campaign in Ether cryptocurrency, raising $47 million. However, it was unsuccessful in its bid to purchase the Constitution at a Sotheby’s auction, ultimately losing to a higher bid of $43.2 million. Following this, ConstitutionDAO was disbanded.
## What is ConstitutionDAO (PEOPLE) used for?
The primary use of ConstitutionDAO was to pool resources for the collective purchase and management of rare assets, specifically an original copy of the U.S. Constitution. Participants in the project purchased $PEOPLE tokens, the native token of ConstitutionDAO, which granted them voting rights and a fractional ownership in the asset the DAO aimed to acquire. The governance structure of ConstitutionDAO was community-driven, allowing token holders to propose and vote on decisions regarding the management of the assets held by the DAO. This decision-making process was based on a liquid democracy model, designed to enhance participation and efficiency in governance.
## Who created ConstitutionDAO (PEOPLE)?
ConstitutionDAO was initiated by Trent Griffin, a well-known cryptocurrency investor, and was subsequently developed by a group of cryptocurrency enthusiasts and investors. The idea quickly gained traction within the cryptocurrency community, leading to the formation of the DAO and its first fundraising round in November 2021. The collective effort aimed to leverage blockchain technology for transparent and decentralized ownership of historically significant assets.”
ConstitutionDAO Token Trading
It is usually not presently possible to buy alternative cryptocurrencies such as ConstitutionDAO directly using US dollars. Investors seeking to acquire ConstitutionDAO should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy ConstitutionDAO using one of the aforementioned exchanges.
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