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代币简介
ConstitutionDAO was a decentralized autonomous organization (DAO) formed with the specific, singular goal of pooling funds via cryptocurrency to bid on a rare copy of the U.S. Constitution being auctioned at Sotheby's. The initiative quickly gained significant traction and raised over $40 million worth of Ether from more than 17,000 contributors globally, highlighting the power of decentralized coordination. The PEOPLE token was distributed to contributors as a memorial and governance token for the DAO. While the DAO's bid was ultimately unsuccessful, the PEOPLE token persisted and became a symbol of the movement and a unique social experiment in decentralized fundraising. The token's value became purely speculative after the failed bid, as its original purpose (governance over the Constitution copy) was moot. ConstitutionDAO demonstrated the potential of DAOs for rapid, large-scale fundraising but also exposed challenges in executing complex real-world transactions within a decentralized structure. The PEOPLE token now primarily exists as a historical artifact of this event and a subject of speculative interest.
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