ConstitutionDAO price

ConstitutionDAO price

Price change from 00:00 UTC until now

ConstitutionDAO market information

Market cap
Circulating supply
5,066,677,523 PEOPLE
Market cap ranking
24h high
24h low
All-time high

PEOPLE calculator

Our current rate
1 PEOPLE ≈ $0.078830

ConstitutionDAO price performance in USD

The current price of ConstitutionDAO is $0.078830. Since 00:00 UTC, ConstitutionDAO has increased by +0.77%. It currently has a circulating supply of 5,066,677,523 PEOPLE and a maximum supply of 5,066,677,523 PEOPLE, giving it a fully diluted market cap of $400.27M. At present, ConstitutionDAO holds the 100 position in market cap rankings. The ConstitutionDAO/USD price is updated in real-time.
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About ConstitutionDAO (PEOPLE)

The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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ConstitutionDAO was a decentralized autonomous organization (DAO) created to buy one of the 13 remaining physical copies of the Official Edition of the U.S. Constitution, auctioned at the premier auction house, Sotheby's. PEOPLE is the name and ticker symbol of ConstitutionDAO's token.

Started initially as a meme, ConstitutionDAO raised $47 million from 17,437 donors with a median donation size of $206.26. The DAO set the record for the highest crowdfund in less than 72 hours. They then formed a non-profit called Endaoment that could bid at Sotheby's on their behalf.

The ConstitutionDAO crowdfund was held via Juicebox, ConsitutionDAO's crowdfund partner. People who participated in the crowdfund were awarded PEOPLE tokens. If ConstitutionDAO had won the auction, PEOPLE holders could vote on proposals related to the purchased copy of the constitution.

However, since the DAO lost the auction, it is now officially dissolved. The multi-signature wallet burned the project's NFTs and its owner no longer has control over the collected funds. Participants can receive refunds, minus the gas fees, through the PEOPLE token.

PEOPLE price and tokenomics

You can redeem your donated funds in exchange for Ethereum (ETH) at a 1 ETH:1,000,000 PEOPLE ratio from Juicebox by paying the required gas fees. Redeeming your donations will burn PEOPLE tokens. PEOPLE price has been largely consistent and the community has plans to expand its use further.

About the founders

ConstitutionDAO was created in November 2021 by software engineer Jonah Elrich, one of the core contributors of the DAO, along with around 30 other people. It partnered with Alameda Research, Endaoment, FTX US, Juicebox, Morning Brew, and SyndicateDAO.

ConstitutionDAO: The road ahead

Some ConstitutionDAO members have sought to build other projects. For example, some members are developing a digital version of the Constitution that anyone can freely access, while others are keen on creating a curriculum to teach about the Constitution in schools. Apart from that, some are exploring the possibility of using blockchain technology to create a new way for people to participate in democracy.

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What is PEOPLE?

ConstitutionDAO is a decentralized autonomous organization formed to bid for the rare physical copy of the U.S. Constitution at Sotheby's. PEOPLE is the name and ticker symbol of ConstitutionDAO's native governance token. The DAO was dissolved after it lost the auction.

How does PEOPLE work?

ConstitutionDAO distributed PEOPLE tokens, their native governance token, in exchange for the donations received to bid for the physical copy of the U.S. Constitution at Sotheby's. To enable this, the DAO partnered with a non-profit called Endaoment to take custody of their documents and bid on their behalf.

Where can I buy PEOPLE?

Easily buy PEOPLE tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include PEOPLE/USDT.

You can also buy PEOPLE with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Tether (USDT), and USD Coin (USDC), are also available.

Alternatively, you can swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for PEOPLE with zero fees and no price slippage by using OKX Convert.

To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into PEOPLE, visit the OKX Crypto Converter Calculator. OKX's high-liquidity crypto exchange ensures the best prices for your crypto purchases.

How much is ConstitutionDAO worth today?
Currently, one ConstitutionDAO is worth $0.078830. For answers and insight into ConstitutionDAO's price action, you're in the right place. Explore the latest ConstitutionDAO charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as ConstitutionDAO, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as ConstitutionDAO have been created as well.

PEOPLE calculator

Our current rate
1 PEOPLE ≈ $0.078830