{
  "url": "https://blockindex.ai/coin/people",
  "name": "ConstitutionDAO",
  "links": {
    "github": null,
    "website": "https://coinmarketcap.com/currencies/constitutiondao/",
    "whitepaper": null
  },
  "dScore": 59,
  "market": {
    "priceUsd": 0.005550452510567017,
    "marketCapUsd": 28086051.97319951,
    "volume24hUsd": 4890637.60012421,
    "priceChange7dPct": 3.90611918,
    "priceChange24hPct": -1.16717398
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": null,
    "circulating": 5060137334.7,
    "circulatingPct": null
  },
  "ticker": "PEOPLE",
  "founder": "No single founder — organized by contributors; key organizers: Brian Wagner, Liminal Warmth",
  "vcFunded": false,
  "updatedAt": "2026-06-19T06:00:19.883734+00:00",
  "fairLaunch": true,
  "launchYear": 2021,
  "description": "ConstitutionDAO (PEOPLE) was a focused, single-purpose, community-driven experiment that launched publicly in mid-November 2021 with the explicit goal of crowdfunding a bid for a rare physical copy of the United States Constitution sold at Sotheby’s. The project rapidly coalesced around a simple on-chain funding mechanism: contributors donated ETH into a Juicebox campaign and received PEOPLE ERC-20 tokens representing their contribution and governance preferences for the short, time-boxed campaign. Within days the campaign mobilized thousands of contributors, achieved broad social amplification on Twitter/X and Discord, and demonstrated an atypically fast, large-scale instance of web3 grassroots coordination. The core team (described in media and community posts as community organizers rather than a formal corporate team) coordinated the outreach, while Juicebox’s smart contract infrastructure handled the on-chain accounting and refund mechanics.\n\nFrom a technical perspective, PEOPLE is an ERC-20 token deployed to the Ethereum mainnet (contract 0x7a58c0be72be218b41c608b7fe7c5bb630736c71). The token itself did not operate an independent blockchain; instead it relied on Ethereum’s account model and its post-Merge PoS consensus. The operational design was deliberately simple: token distribution matched contributions at a documented ratio (1 ETH : 1,000,000 PEOPLE) and the Juicebox contract provided a transparent mechanism for refunds and redemptions after the auction concluded. On-chain visibility was strong during the campaign — Etherscan and major market aggregators tracked holders, trades, and on-chain flows — and decentralized liquidity appeared on venues such as Uniswap V3 and 0x protocol pools.\n\nIn terms of use cases and ecosystem participation, ConstitutionDAO was explicitly a mission-driven governance token rather than a long-term utility token. PEOPLE was used to express contributor preferences during the narrow fundraising window; beyond that, official communications documented an orderly wind-down and refund pathway rather than an ongoing roadmap. Despite its single-purpose nature, the project produced measurable market activity: CoinMarketCap and CoinGecko listed PEOPLE with price and market cap snapshots, DEX liquidity enabled trading, and community channels (Discord, Twitter/X) saw rapid adoption during the campaign. Real-world impact was immediate and memorable — tens of millions of dollars worth of ETH were raised from roughly 17,000 contributors, demonstrating how tokenized crowdfunding and transparent smart-contract accounting can be marshalled quickly for a physical-world objective.\n\nThe tokenomics were straightforward and community-oriented: a fixed supply distributed to contributors via the Juicebox fundraiser, with no documented founders’ premine or ongoing developer fund in the scraped sources. Market snapshots available in the referenced sources show a max and circulating supply ~5.06 billion PEOPLE, with price and market-cap figures recorded on major aggregators. Governance was largely off-chain and community-driven for the campaign (token-based expression rather than a persistent on-chain DAO governance regime), and legal arrangements referenced an LLC/non-profit connection to enable refunds and a formal wind-down. The project’s lifecycle — viral fundraising, auction participation, and an organized refund/wind-down — serves as a compact case study in short-duration DAOs and illustrates the strengths and limits of community-governed, mission-specific token efforts.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 1",
    "isToken": true,
    "consensus": "PoS",
    "parentChain": "ETH"
  },
  "dScoreComponents": {
    "autonomy": 5,
    "ageHistory": 9,
    "governance": 20,
    "nodeDistribution": 0,
    "initialDistribution": 25
  },
  "decentralizationVerdict": "Moderately Decentralized"
}