Question 1

What is ConstitutionDAO (PEOPLE)?

Accepted Answer

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​​​​.

Question 2

What is ConstitutionDAO (PEOPLE) used for?

Accepted Answer

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​​.

Question 3

Who created ConstitutionDAO (PEOPLE)?

Accepted Answer

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​​.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	PEOPLE-USDT PEOPLE_USDT	whitebit	BB	0.008853USDT	-0.92%	61,507,317.37PEOPLE	3,835	0.008935USDT	0.009130USDT
2	PEOPLE-USDT PEOPLEUSDT	binance	AA	0.008860USDT	-0.78%	56,895,653.70PEOPLE	9,216	0.008930USDT	0.009120USDT
3	PEOPLE-USDT PEOPLE-USDT	okex	A	0.008851USDT	-0.93%	47,254,254.78PEOPLE	4,528	0.008934USDT	0.009120USDT
4	PEOPLE-USDT PEOPLEUSDT	bybit	A	0.008794USDT	-1.39%	20,671,110.03PEOPLE	8,477	0.008918USDT	0.009116USDT
5	PEOPLE-TRY PEOPLETRY	binance	AA	0.4350TRY	-0.91%	3,611,662.00PEOPLE	216	0.4390TRY	0.4480TRY
6	PEOPLE-USDC PEOPLE_USDC	gateio	A	0.008908USDC	0.02%	2,866,409.40PEOPLE	246	0.008906USDC	0.009119USDC
7	PEOPLE-USDT PEOPLE_USDT	gateio	A	0.008835USDT	-0.42%	1,840,882.00PEOPLE	374	0.008872USDT	0.009107USDT
8	PEOPLE-USDC PEOPLEUSDC	binance	AA	0.008810USDC	-1.34%	2,001,967.60PEOPLE	275	0.008930USDC	0.009100USDC
9	PEOPLE-USDT PEOPLEUSDT_SPBL	bitget	BB	0.008820USDT	-0.66%	1,503,538.90PEOPLE	105	0.008879USDT	0.009113USDT
10	PEOPLE-USDT PEOPLE-USDT	kucoin	BB	0.008830USDT	-0.67%	324,580.68PEOPLE	82	0.008890USDT	0.009070USDT
11	PEOPLE-USDC PEOPLE-USDC	okex	A	0.008830USDC	-1.13%	175,051.79PEOPLE	14	0.008931USDC	0.009112USDC
12	PEOPLE-EUR PEOPLE-EUR	okex	A	0.008096EUR	1.33%	112,855.30PEOPLE	2	0.007990EUR	0.008096EUR
13	PEOPLE-USD PEOPLE-USD	okex	A	0.009578USD	0.00%	0PEOPLE	0	0.009578USD	0.009578USD
14	PEOPLE-USDT peopleusdt	huobipro	C	0.008844USDT	-1.12%	32,177,218.53PEOPLE	4,973	0.008944USDT	0.009100USDT
15	PEOPLE-USDT PEOPLE_USDT	coinw	-	0.008885USDT	-0.27%	21,411,517.99PEOPLE	1,828	0.008909USDT	0.009106USDT
16	PEOPLE-THB THB_PEOPLE	bitkub	C	0.2941THB	-2.36%	20,641,533.93PEOPLE	8,454	0.3012THB	0.3079THB
17	PEOPLE-USDC PEOPLEUSDC	bitrue	D	0.008860USDC	-0.67%	16,806,168.90PEOPLE	36,698	0.008920USDC	0.009130USDC
18	PEOPLE-USDT people_usdt	xtpub	-	0.008860USDT	-0.78%	14,845,115.90PEOPLE	1,803	0.008930USDT	0.009120USDT
19	PEOPLE-USDT people_usdt	lbank	C	0.008824USDT	-1.09%	13,550,707.88PEOPLE	2,983	0.008921USDT	0.009116USDT
20	PEOPLE-USDT PEOPLEUSDT	toobit	C	0.008860USDT	-0.67%	12,647,349.40PEOPLE	6,050	0.008920USDT	0.009130USDT
21	PEOPLE-USDT PEOPLE_USDT	bitunix	C	0.008840USDT	-0.90%	9,228,283.80PEOPLE	6,441	0.008920USDT	0.009120USDT
22	PEOPLE-USDT PEOPLE-USDT	bigone	-	0.008860USDT	-1.45%	8,210,238.25PEOPLE	3,829	0.008990USDT	0.009120USDT
23	PEOPLE-USDT PEOPLEUSDT	mexc	C	0.008814USDT	-1.21%	6,746,947.77PEOPLE	3,041	0.008922USDT	0.009115USDT
24	PEOPLE-USDT PEOPLE-USDT	bingx	D	0.008870USDT	-0.56%	5,097,724.80PEOPLE	6,163	0.008920USDT	0.009130USDT
25	PEOPLE-USDT PEOPLEUSDT	latoken	D	0.008835USDT	-1.13%	3,201,936.13PEOPLE	1,888	0.008936USDT	0.009109USDT
26	PEOPLE-USDT people_usdt	digifinex	D	0.008841USDT	-0.96%	599,742.00PEOPLE	3,010	0.008927USDT	0.009122USDT
27	PEOPLE-USDT PEOPLE_USDT	bydfi	-	0.008920USDT	-0.11%	537,866.70PEOPLE	1,861	0.008930USDT	0.009110USDT
28	PEOPLE-USDT PEOPLEUSDT	bitrue	D	0.008840USDT	-0.90%	391,499.50PEOPLE	678	0.008920USDT	0.009120USDT
29	PEOPLE-EUR PEOPLE-EUR	bitvavo	B	0.007917EUR	-0.64%	247,319.82PEOPLE	8	0.007968EUR	0.007968EUR
30	PEOPLE-INR PEOPLEINR	coindcx	-	0.9005INR	1.74%	27,625.91PEOPLE	8	0.8851INR	0.9005INR
31	PEOPLE-IDR peopleidr	indodax	E	161.00IDR	1.90%	11,093.77PEOPLE	5	158.00IDR	164.00IDR
32	PEOPLE-USDT sPEOPLEUSDT	phemex	C	0.008840USDT	-0.67%	3,727.60PEOPLE	6,602	0.008900USDT	0.009140USDT
33	PEOPLE-USDT PEOPLEUSDT	coinex	C	0.008989USDT	0.00%	0PEOPLE	0	0.008989USDT	0.008989USDT
34	PEOPLE-USDT PEOPLE_USDT	poloniex	C	0.006920USDT	0.00%	0PEOPLE	0	0.006920USDT	0.006920USDT
35	PEOPLE-BRL PEOPLE-BRL	mercadobtc	C	0.02100BRL	0.00%	0PEOPLE	0	0.02100BRL	0.02100BRL
36	PEOPLE-USDT PEOPLEUSDT	hitbtc	E	0.0₃1000USDT	-98.81%	1.00PEOPLE	1	0.008416USDT	0.008416USDT