ConstitutionDAO (PEOPLE)

ConstitutionDAO (PEOPLE)

Rank #158

$0.032661

33.76%

0.000001 BTC

PEOPLE
USD

MARKET CAP

$165.27 M

ALL TIME HIGH

$0.19

VOLUME 24H

$670.811 M

CIRC. SUPPLY

5.06 B

VOL/MCAP

406.00%

TOTAL SUPPLY

5.06 B

DILUTED MCAP

165.27 M

MAX SUPPLY

5.06 B

1H USD

-4.01%

24H USD

33.76%

7D USD

105.6%

30D USD

-34.62%

60D USD

-48.68%

90D USD

-42.02%

ConstitutionDAO Price Chart

24h Change

33.76 %

ConstitutionDAO - PEOPLE Profiles

What ConstitutionDAO?

ConstitutionDAO is a decentralized autonomous organization (DAO) established in November 2021 to receive an original copy of the United States Constitution.

Oustanding Features

What is the project trying to achieve?

ConstitutionDAO is, as the name suggests, a DAO - decentralized autonomous organization - a digital hub where individuals can combine to make purchases and share ownership, using cryptocurrencies like Bitcoin and Ethereum.

What is the unique selling point?

Constitution DAO was another instance of an internet-based grassroots movement taking on establishment symbols with the help of cryptocurrencies. Similar to what happened with GameStop, Constitution DAO channeled the virtual power of the masses to only narrowly miss out on making real-world history.

The DAO published its first tweet on November 12, only six days before the Sotheby’s auction on November 18. The copy of the Constitution was the last remaining privately-owned copy, and the first time a copy of the Constitution went on sale in 33 years. Within hours, the DAO’s Discord server grew several thousand people strong and eventually reached 20,000 members within a little over a week.

Relying on a mix of Nicolas Cage memes, inspired by a movie in which Cage is trying to steal the Constitution, and the crypto-specific (x,x) meme first popularized by Olympus (OHM), the attempt quickly went viral on Crypto Twitter. The DAO used Juicebox to receive donations in Ether and collected a sum north of $47 million, which would have easily been enough to win the auction, had it not been for the auction house fees and storage costs for the document that were not accounted for by the DAO. Ironically, Ken Griffin, a declared opponent of Bitcoin, won the auction.

ConstitutionDAO Price Live Data

PEOPLE Price

$0.032661

Trading Volume

$670.81 M

All Time High

$0.19

1hour Change

-4.01%

24hours Change

33.76%

24hours Range

33.76%

24hours Low

$0.09

24hours High

$0.10

Liquidity ±2%

$0.00

Bids -2%

$0.00

Asks +2%

$0.00

Market Cap

$165.27 M

Fully Diluted Market Cap

165.27 M

Circulating Supply

5.06 B

Total Supply

5.06 B

Max Supply

5.06 B

ConstitutionDAO Markets

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