ConstitutionDAO (PEOPLE) was an experimental DAO created by a group of Web3 enthusiasts with a shared goal of wanting to buy a copy of the U.S. Constitution. The grassroots DAO managed to raise over $40 million in ETH in just 6 days. However, they were outbid during their attempt to buy a copy of the U.S. constitution at the Southeby Auction. ConstitutionDAO announced that it would disband after its unsuccessful grassroots attempt to buy one of the most valuable documents in U.S. history.
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