ConstitutionDAO Coin is the native cryptocurrency of ConstitutionDAO, a decentralized autonomous organization (DAO).
What is ConstitutionDAO (PEOPLE)?
The Ethereum $3,099-based PEOPLE token was distributed as a refund mechanism to contributors of ConstitutionDAO, an iconic decentralized autonomous organization (DAO). ConstitutionDAO is a leaderless online collective created to reach a common goal of purchasing the Constitution. Participants could claim or use 1 Ethereum worth of PEOPLE. Although the tokens have no intrinsic value, they increased by 12,000% from their $0.0009 price on November 21st.
According to the ecosystem, PEOPLE has no governance rights and offers no management options to its holders. However, this cryptocurrency has progressed to the point where it could reach the market, targeting CMC millionaires.
In the community’s announcement, it was stated that all actions organized to achieve their goals were completed. Fundraising was conducted, the Sotheby’s bid was placed, but as it was lost, the community was fully refunded as promised. After losing the auction and the core team stepping down, it was reiterated that there were no management or usage rights for the token holders.
Additionally, holding PEOPLE tokens and conducting the desired transactions is an option. It is clear that some sections of the community want to include them in future projects. ConstitutionDAO has not confirmed or supported any future plans for the token. Nothing here constitutes financial advice.
Where to Buy PEOPLE Coin?
PEOPLE Coin can be bought and sold securely through Binance, the largest cryptocurrency exchange in the world in terms of trading volume. PEOPLE Coin is traded on Binance in PEOPLE/BTC, PEOPLE/USDT, and PEOPLE/BUSD pairs.
To buy ConstitutionDAO (PEOPLE), you must first become a member of the Binance exchange. Once the membership process is complete, you need to transfer cryptocurrency or fiat currency to your Binance wallet. After the transfer is completed, you can purchase PEOPLE Coin from any of the three pairs mentioned above. To buy from the PEOPLE/USDT trading pair, first, navigate to the interface of this pair. In the limit section, enter the amount you wish to purchase. After specifying the amount, complete the purchase by placing a PEOPLE Buy order.