ConstitutionDAO to Be Listed on WOO X
WOO X will list ConstitutionDAO (PEOPLE) on March 6th.
Refer to the official tweet by PEOPLE:
WOO X@_WOO_XTháng 3 06, 2024📢 $PEPE (@pepecoineth) and $PEOPLE (@ConstitutionDAO) are now available for trading on the WOO X spot market.
✅ Trade $PEPE: https://t.co/W8oe4lVG63
✅ Trade $PEOPLE: https://t.co/G4JaRYqRvd pic.twitter.com/8N316z6pTd
PEOPLE Info
Constitution DAO was a decentralized autonomous organization formed in November 2021 by web3 enthusiasts. Its primary goal was to purchase an original copy of the U.S. Constitution at a Sotheby’s Auction. This initiative was significant due to the rarity of the document, with only 13 original copies in existence, leading to a competitive auction.
The operational mechanism of Constitution DAO involved using Juicebox to collect donations in Ether ETHUSD from a large number of online participants. It rapidly gained traction, amassing a community of 20,000 members and raising over $47 million. This fundraising effort was propelled by viral marketing that included Nicolas Cage memes and the crypto-specific (x,x) meme, although it ultimately fell short due to unaccounted auction house fees and storage costs.
PEOPLE is a token representing a stake in ConstitutionDAO.