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ConstitutionDAO

PEOPLE DAO Political Memes
$0.007639
+5.85% (24h)

Market Stats

Price
$0.007639
+5.85% (24h)
Market Cap
$38.7M
Volume (24h)
$8.40M
Supply
5.06B PEOPLE
FDV
$38.66M

Shariah Analysis

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Last Screening: Q1 2024

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Risk Categories
Shariah status

Shariah

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Legitimacy Risk

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People Risk

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In-Depth Analysis
Project Token Reward System Legitimacy
Project/Products Use Case Status

Technical Analysis

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About ConstitutionDAO

ConstitutionDAO was a unique experiment in decentralized autonomous organizations, launched in 2021 with the goal of purchasing a copy of the US Constitution. Although it ultimately did not win the bid, the project successfully demonstrated the potential of collective action through blockchain, raising significant funds and garnering widespread attention. The PEOPLE token, initially tied to the project, became a meme and symbol of online community efforts and the gamification of history, illustrating how crypto can transcend mere speculation to foster community building and challenge established norms.

Consensus Mechanism

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