Incubate Public Good
For The People
PeopleDAO was born from a web3 movement to buy a private copy of the US Constitution. When the project failed in its mission the developers burned control of the $PEOPLE token contract, sunsetting their involvement. A group of community members formed PeopleDAO and adopted $PEOPLE as its governance token, impressed by the meme coin's decentralization, capped supply, and inspiring history.
- Nov '21
The Cultural Event
An internet group rallies web3 to buy a copy of the US Constitution, garnering widespread support and media coverage. The movement raises $45M but loses the auction. Many PeopleDAO members contributed to the effort.
- Nov '21
ConstitutionDAO announces it will shutter. Some donators redeem their $PEOPLE but others keep the token, enchanted by the meme's values of liberty and altruism. The price moons 40x amid speculation. PeopleDAO hosts its 1st Twitter Spaces.
- Dec '21
PeopleDAO forms after a Snapshot vote on Dec 6th, gathering together individuals from across the world. Members have many visions for the $PEOPLE token oriented around furthering social good and web3. We agree to use a metaDAO structure and incubate DAOs addressing different causes.
- Dec '21
As of June 2022 PeopleDAO has incubated two subDAOS, PandaDAO and LanguageDAO, and one community project, Constitution Fractionalized. We continue to strengthen the structure and operations of the DAO while also incubating new opportunities.
We use the $PEOPLE token for voting in DAO decision-making. The token has a capped supply and will be slightly deflationary so long as holders continue to redeem the token on Juicebox, in return for the underlying ETH. The original conversion rate of 1 ETH per 1M $PEOPLE thus acts like a floor price. PeopleDAO and its subDAOs are committed to building an ecosystem around this token. In practice this has looked like offering a free NFT to token holders, or airdropping $PANDA token to wallets holding the token.
- Market cap
- 24h volume
- What is a metaDAO and subDAO?
- Do I need to own $PEOPLE to join PeopleDAO?
- How can I contribute to PeopleDAO?
- What market gap do you intend to close?
- How can PeopleDAO help with my project?
- How many wallet addresses hold $PEOPLE?