ConstitutionDAO (PEOPLE) Price
$0.01604 4.08%
Latest Updates
Updated at 07:20Market cap
$81,142,391.22
Market rank
#403
Volume 24H
$37,682,629.39 49.75%
Price change 24h
-$0.00065 4.08%
Price change 7d
-$0.00369 23.02%
What about ConstitutionDAO?
ConstitutionDAO was a crowdfunding movement that aimed to buy a first-edition copy of the U.S. Constitution. The movement was organized on the Ethereum blockchain, and it allowed people from all over the world to donate cryptocurrency to the cause. The campaign raised more than $42 million in just five days, which made it one of the most successful crowdfunding efforts in history.
The idea behind ConstitutionDAO was to purchase the first known copy of the U.S. constitution, which was printed in 1787. The copy was up for auction at Sotheby's, and the goal of the movement was to outbid all of the other potential buyers. The copy of the constitution is considered one of the most important documents in American history, and it is believed to be worth millions of dollars.
The ConstitutionDAO movement attracted people from all walks of life, including celebrities, politicians, and everyday citizens. The movement gained momentum on social media platforms like Twitter and Reddit, with people using hashtags like #ConstitutionDAO to spread the word. The movement was organized by a team of volunteers who worked tirelessly to coordinate the fundraising effort and get the word out to potential donors.
Unfortunately, despite raising an incredible amount of money, the movement fell short of its goal. Another bidder ultimately won the auction for the copy of the Constitution, buying it for more than $43 million. However, the ConstitutionDAO movement still managed to achieve something remarkable. It brought people together from all over the world to support a common cause, and it demonstrated the incredible power of decentralized crowdfunding.
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