PEOPLE
$0.008325432342135024

ConstitutionDAO (PEOPLE) Price

$0.008325432342135024
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ConstitutionDAO (PEOPLE) Price Today

The live price of PEOPLE is 0.008325432342135024 USD. In the past 24 hours, the trading volume of PEOPLE was 6,782,609.34 USD, down by -3.22%. The current price has decreased by -4.71% from its 7-day high of 0.00873751 USD, and increased by 7.03% from its 7-day low of 0.00777817 USD. With a circulating supply of 5,066,374,892.01 ConstitutionDAO, the market cap of PEOPLE is currently 42,719,245.00 USD, down by 0% in the last 24 hours. PEOPLE currently ranks #- by market capitalization among cryptocurrencies.

ConstitutionDAO (PEOPLE) Market Data

Market Cap
$42.4M
24h Volume
$6.7M
Circulating Supply
5B PEOPLE
Maximum Supply
--
Fully Diluted Market Cap
$42.4M
Liquidity Indicator
15.97%

About ConstitutionDAO (PEOPLE)

How can I buy ConstitutionDAO (PEOPLE)?

Buying ConstitutionDAO (PEOPLE) on BingX is simple and secure. Create an account, deposit USDT or another supported asset, and purchase ConstitutionDAO (PEOPLE) directly in the Spot Market. The tokens will then appear in your BingX Spot Wallet, ready for trading or transfer at anytime. Discover How to Buy PEOPLE Guide for more information.

What Is ConstitutionDAO (PEOPLE) and How Does It Work?


ConstitutionDAO (PEOPLE) is a unique decentralized autonomous organization launched in November 2021 with a mission unlike most crypto projects, it aimed to collectively raise funds from community members to bid on one of the rare original printed copies of the U.S. Constitution at a Sotheby’s auction. Thousands of contributors worldwide donated Ethereum (ETH) to the treasury, showcasing the power of blockchain‑based coordination and grassroots fundraising. Although the DAO ultimately didn’t win the auction, the effort became a landmark event in Web3 history and demonstrated how a decentralized community can mobilize quickly toward a shared real‑world goal.

At the heart of the project is the $PEOPLE token, an ERC‑20 asset that was originally issued to contributors proportional to their ETH donations. These tokens served as proof of participation and were tied to the refund mechanism after the auction failed, contributors could redeem PEOPLE for ETH based on a predefined ratio if they chose to exit. While the DAO formally dissolved after the auction, the PEOPLE token continues to exist and trade on exchanges, evolving into a community‑driven asset with speculative and symbolic value.

Today, $PEOPLE works more like a meme‑community and governance token, rather than a utility token with active protocol functions. It remains tradable on decentralized and centralized markets, and holders may participate in discussions about the token’s future direction. Because ConstitutionDAO was designed with a single objective and no ongoing treasury or product roadmap, the token’s price and utility are largely driven by market sentiment, narrative value, and community interest rather than active development or intrinsic utility.

When Did ConstitutionDAO Launch?


ConstitutionDAO was launched in November 2021 by a group of anonymous crypto enthusiasts led by Travis Moore, aiming to buy one of the rare original printed copies of the U.S. Constitution at a Sotheby’s auction. The project quickly gained global attention, raising over $40 million in Ethereum from thousands of contributors in a matter of days. Despite falling short at the auction, ConstitutionDAO left a lasting impact as a pioneering example of community-driven DAOs.

ConstitutionDAO Roadmap and Key Milestones


- November 2021: ConstitutionDAO launches and begins fundraising via $PEOPLE token distribution.

- November 2021: Auction for the U.S. Constitution held; DAO does not win.

- Post-Auction 2021: Refunds processed for contributors redeeming $PEOPLE tokens for ETH.

- 2022 onward: $PEOPLE token continues trading on secondary markets; community discussions on potential future initiatives.

What Is the PEOPLE Token Used for?


The $PEOPLE token was originally issued to contributors of ConstitutionDAO as proof of participation in the community-driven fundraising effort. Its primary purpose was to enable refunds after the auction and to represent a share of the DAO’s treasury; today, it mainly serves as a community and collectible token with speculative value, symbolizing involvement in one of crypto’s most notable DAOs.

You can trade PEOPLE tokens on BingX by accessing the Spot Market and searching for the PEOPLE/USDT trading pair. Simply deposit your tokens or USDT into your BingX account, place a buy or sell order, and execute trades in real time with full liquidity and market depth.

What Is ConstitutionDAO Tokenomics?


ConstitutionDAO (PEOPLE) tokenomics feature a fixed supply of 1 billion tokens, initially distributed proportionally to contributors based on their ETH donations during the DAO’s fundraising. Designed for transparency, the tokens were used to facilitate refunds after the auction and now serve as a tradable community and meme token, with no additional minting, vesting, or lock-up schedules.

 


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Frequently Asked Questions about PEOPLE (ConstitutionDAO)

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