ConstitutionDAO Tokenomics Overview
Full ConstitutionDAO tokenomics breakdown: PEOPLE token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Produced by Tokenomics.com in collaboration with BlackTokenomics.
Full ConstitutionDAO tokenomics breakdown: PEOPLE token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Key questions and answers about ConstitutionDAO tokenomics.
ConstitutionDAO token distribution allocates 5,066,439,000 PEOPLE across 1 primary stakeholder groups:
PEOPLE uses variable cliffs and vesting schedules that change depending on the allocation:
100% of the total supply (5,066,439,000 PEOPLE) is unlocked at TGE, with the entire unlock going to Public Sale.
ConstitutionDAO has a total supply of 5,066,439,000 PEOPLE, of which 5,067,352,632 PEOPLE (100% of total) is currently circulating.
Total length of the full ConstitutionDAO emission schedule is 1 year, with 100.00% released in Year 1, while the remaining 0.00% is released over the following 0 years.
ConstitutionDAO, a groundbreaking decentralized autonomous organization, was created with a single purpose: to crowdfund and purchase an original copy of the U.S. Constitution. The platform empowered individuals worldwide to contribute funds in exchange for $PEOPLE tokens, using Juicebox to manage contributions at a fixed ratio of 1,000,000:1. Though the DAO ultimately lost the auction, it left a significant mark on how Web3 harnesses collective action for historic causes. The $PEOPLE tokenomics are as unique as the DAO itself. $PEOPLE tokens have no inherent governance rights, utility, or intrinsic value beyond their redemption mechanism. Contributors were given two choices post-auction: claim $PEOPLE tokens as a memento of their involvement or redeem them for Ethereum from the project's smart contract. The redemption process ensures that supporters could withdraw their original contributions in ETH, reflecting a commitment to transparency and fairness within the ConstitutionDAO ecosystem. Despite its short-lived operations, ConstitutionDAO's innovative approach has spotlighted new use cases for DAO tokenomics. The $PEOPLE token, while symbolic, represents a revolutionary experiment in decentralized crowdfunding, demonstrating how Web3 tools like Juicebox can support community-driven initiatives. Furthermore, its model balances inclusivity with financial accountability, providing an early blueprint for future DAOs pursuing cultural, social, or collective goals. ConstitutionDAO and $PEOPLE have since closed their active phase, but they continue to serve as an example of how blockchain technology can foster unity, even in short-lived endeavors. This project, despite its conclusion, reflects the potential of DAOs to redefine collective financial and social participation in the digital age. Explore $PEOPLE tokenomics to understand this historical initiative that bridged technology and cultural preservation.
