ConstitutionDAO company info

What does ConstitutionDAO do?
ConstitutionDAO (CRYPTO:PEOPLE) was a decentralized autonomous organization (DAO) that was created in November 2021 to purchase a copy of the US Constitution at auction. The DAO raised over $47 million in Ethereum (ETH) from over 17,000 donors, but lost the auction to a billionaire collector. The DAO was then disbanded and the funds were returned to donors. Despite not achieving its primary goal, ConstitutionDAO was a significant event in the history of DAOs. It showed that DAOs could be used to raise large amounts of money in a short period of time, and that they could be used to achieve a variety of goals, including the purchase of physical assets. The objective of ConstitutionDAO, PEOPLE was to purchase a copy of the US Constitution and make it publicly accessible. The DAO was operated by a team of volunteers who were responsible for developing the DAO's smart contract, managing its treasury, and raising funds from donors. The DAO's smart contract was designed to allow donors to contribute ETH to the DAO and to receive a proportional share of the DAO's assets in the form of PEOPLE tokens. The DAO's treasury was managed by a group of multi-signature wallets, which required multiple signatures to approve any transactions.
ConstitutionDAO company media
Company Snapshot

What is the market cap for ConstitutionDAO?

bag
Market Cap
$432.93M

What year was ConstitutionDAO founded?

founded flag
Year Founded
2021
What does ConstitutionDAO specialise in?

What are the products and/or services of ConstitutionDAO?

Overview of ConstitutionDAO offerings
Creation of a community of people who are passionate about preserving and protecting the Constitution.
Development of new tools and technologies for democracy.
Funding of educational and research initiatives.
Promotion of constitutional values and principles.
Purchase of historical documents and artifacts.
Support of civic engagement and activism.