ConstitutionDAO (PEOPLE) traded down 8% against the U.S. dollar during the 24-hour period ending at 10:00 AM ET on April 25th. One ConstitutionDAO token can now be bought for $0.0260 or 0.00000041 BTC on popular exchanges. Over the last week, ConstitutionDAO has traded up 10.8% against the U.S. dollar. ConstitutionDAO has a total market cap of $131.56 million and $43.89 million worth of ConstitutionDAO was traded on exchanges in the last 24 hours.
Here is how related cryptocurrencies have performed over the last 24 hours:
- KILT Protocol (KILT) traded 7.5% lower against the dollar and now trades at $0.31 or 0.00000494 BTC.
- Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
- Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
- CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
- Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
- Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
- Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
- Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
- Lumi Credits (LUMI) traded 1.9% higher against the dollar and now trades at $0.0091 or 0.00000014 BTC.
- AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
ConstitutionDAO Profile
ConstitutionDAO was first traded 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.”
Buying and Selling ConstitutionDAO
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 Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy ConstitutionDAO using one of the aforementioned exchanges.
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