$PEOPLE Bittime - ConstitutionDAO (PEOPLE) is a DAO founded in November 2021 for the purpose of purchasing original copies of the US Constitution. This DAO managed to raise $47 million in 72 hours, but failed in the auction.
Despite its failure, ConstitutionDAO was an important milestone in the development of DAOs and blockchains. This article discusses the product, PEOPLE token, fundamental analysis, comparison with competitors, team, and expert opinion.
What is ConstitutionDAO (PEOPLE)?
ConstitutionDAO (PEOPLE) is a decentralized autonomous organization (DAO) founded in November 2021 for the purpose of purchasing original copies of the United States Constitution. This DAO raised $47 million in funds within 72 hours, but failed in the auction.
ConstitutionDAO (PEOPLE) Key Products & Features
DAO Platform: An online platform that allows members to participate in DAO governance.
PEOPLE Token: A governance token that gives its holder voting rights in DAO decisions.
Community: A global community passionate about history and democracy.
