BTSE will add ConstitutionDAO (PEOPLE) on its platform on Thursday, March 9, 2023, adding to its users’ selection of quality digital assets. Additionally, PEOPLE will be listed on BTSE’s wider ecosystem of 10+ white-label crypto exchanges, enabling better liquidity and pricing. Users will be able to trade PEOPLE via the PEOPLE/USDT and PEOPLE/USDC trading pairs.
1. Deposits and withdrawals enabled: effective immediately (supported network: ERC-20)
2. Trading enabled: 8:00 AM (UTC) on March 9, 2023
About ConstitutionDAO (PEOPLE)
Market Cap: $104,812,879
Total Supply: 5,060,137,335
Circulating Supply: 5,060,137,335
ConstitutionDAO was a groundbreaking initiative that aimed to acquire one of the most significant documents in American history, the U.S. Constitution. It was a decentralized autonomous organization (DAO) consisting of Web3 enthusiasts who pooled their resources to participate in a Sotheby’s auction. The goal was to win the auction and secure a copy of the U.S. Constitution, one of only 13 in existence.
The group’s efforts were remarkable, raising over $40 million in Ethereum and mobilizing a community of like-minded individuals. However, despite their best efforts, they were ultimately outbid by billionaire hedge fund manager Ken Griffin.
Although ConstitutionDAO did not achieve its primary objective, it represented a significant milestone in the world of decentralized organizations and demonstrated the power of community-driven initiatives. Despite the dissolution of the group, its legacy will continue to inspire future endeavors in the blockchain space.
Despite not providing any utility or governance rights to holders, crypto natives have still managed to drive up the token’s value to a fully diluted market cap of $104 million according to CoinMarketCap.
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