ConstitutionDAO: PEOPLE price pumps 200% as new ‘We The People’ token unveiled
Meanwhile, the trading volumes across the crypto’s main instruments dropped by nearly 100% in the same period. PEOPLE, the governance token of ConstitutionDAO, soared in value by nearly 200% in just 24 hours despite its trading volumes falling off the cliff in the same period, data on CoinMarketCap shows.The cost to purchase 1 PEOPLE token surged to $0.0321 compared to $0.0110 24 hours ago. In contrast, its trading volumes across the crypto exchanges dropped by almost 100% to over $181,000, reflecting that the ongoing bullish move had very little support behind it. PEOPLE price performance....
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In 2021, ConstitutionDAO raised $47 million to buy the original US Constitution. The document was up for auction at Sotheby’s. ConstitutionDAO raised a ton of money but didn’t have the winning bid. The management is currently refunding the investors’ contributions. The prelude was to testify that the current business models are transforming. Today, digital asset […]
A Decentralized Autonomous Organization (DAO) under the name of ConstitutionDAO has raised $3,7 (ETH 820.134) million from a community that intends to buy a rare first printing of the U.S. Constitution during a Sotheby’s high-profile auction meant to happen on November 18th. ConstitutionDAO is currently pooling millions of dollars, aiming to hit $20 million, hoping […]
A Decentralized Autonomous Organization (DAO) called ConstitutionDAO pooled over $46M to put “The Constitution in the hands of The People” by buying a rare first printing of the U.S. Constitution during a Sotheby’s auction. But even though the raised a higher sum than the winning bid, they lost the auction. The project became a group of […]
Proceeds of the U.S. Constitution sale will benefit the Dorothy Tapper Goldman Foundation. The online group, ConstitutionDAO, has failed in its bid to purchase the last privately owned, 1st edition print copy of the U.S. Constitution at public auction at Sotheby’s on Thursday. "The 'Official Edition' of The United States Constitution" was instead won by an unknown bidder for $41M (or $43.2 million after auction fees), meaning the DAO failed in its historic attempt to put it “in the hands of The People.”The news broke in an announcement on the official Discord. "While this was not the....