Source: PEOPLEUSD Chart by TradingView
ConstitutionDAO is a decentralized autonomous organization formed in November 2021 to purchase an original copy of the United States Constitution. Since the bid for the document has failed, the PEOPLE token is now representing a DAO movement with historical significance.
ConstitutionDAO set to buy the US constitution again with private multisig
ConstitutionDAO claims that the transparency of the Ethereum blockchain undermined its first bidding effort. In the second attempt, it will participate in the Sotheby's auction via a private multsig wallet.
ConstitutionDAO: The failed project that shook the crypto world
These are some of the key points that set DAOs apart from traditional forms of organization.
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The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
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