Loading Data ...
ConstitutionDAO was a decentralised autonomous organisation launched in late 2021, designed with the ambitious goal of purchasing an original copy of the United States Constitution at auction. The initiative captured the collective power of blockchain technology and community-driven crypto crowdfunding. ConstitutionDAO employed Ethereum-based governance tokens called $PEOPLE, enabling contributors to participate in decision-making and prove their stake in the project. Despite securing an impressive amount of capital, the organisation was ultimately outbid, yet it stood as a testament to the potential of collective action enabled by blockchain. ConstitutionDAO exemplified a new form of crypto-driven communities rallying around shared goals, despite disbanding shortly after its auction attempt, subsequently refunding contributors.
