ConstitutionDAO (PEOPLE)
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About PEOPLE
ConstitutionDAO was a one-time crowdfunding campaign formed in November 2021 to purchase an original copy of the U.S. Constitution. Though ultimately outbid, the DAO raised over $47 million in ETH from more than 17,000 contributors within a week. Participants received PEOPLE tokens as a proof-of-donation asset, with the option to redeem them for ETH at a fixed rate. The DAO has since ceased operations, offering no future roadmap or governance features, yet PEOPLE remains actively traded across major exchanges.
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Frequently Asked Questions about ConstitutionDAO
What was ConstitutionDAO?
ConstitutionDAO was a decentralized organization launched in November 2021 to raise funds for purchasing an original copy of the U.S. Constitution at a Sotheby's auction. Despite raising over $47 million in ETH, the DAO was outbid and later dissolved.
What is the PEOPLE token?
PEOPLE is an ERC-20 token issued to ConstitutionDAO contributors. It initially granted governance rights but now serves only as a symbolic proof-of-donation token with no active utility.
Can I still redeem PEOPLE for ETH?
Yes. You can redeem 1,000,000 PEOPLE for 1 ETH using the original refund mechanism, though this is subject to Ethereum gas fees.
Is ConstitutionDAO still active?
No. ConstitutionDAO formally shut down after losing the auction and has no ongoing governance or development plans.
Where can I trade PEOPLE tokens?
PEOPLE is listed on Binance, HTX, OKX, Gate.io, KuCoin, and other centralized exchanges. ConstitutionDAO token is also traded on Ethereum DEXs like Uniswap.
Which wallets support PEOPLE?
PEOPLE is an ERC-20 token, so it’s supported by MetaMask, Trust Wallet, Coinbase Wallet, and any Ethereum-compatible wallet.