People DAO was born from an event in Web3, in mid-November 2021, a group of netizens decided to buy a copy of the US Constitution. The resulting social movement, the Constitutional DAO, raised $45 million but was outbid by Citadel CEO Ken Griffin.

The People DAO was formed after a failed attempt to adopt $PEOPLE for governance, driven by the unique properties of tokens and stories. The People DAO officially launched on December 6 following a Snapshot vote. Some people have formed common values for people, so people have the meme attribute and circulate in the market.

People DAO was born from an event in Web3, in mid-November 2021, a group of netizens decided to buy a copy of the US Constitution. The resulting social movement, the Constitutional DAO, raised $45 million but was outbid by Citadel CEO Ken Griffin.

The People DAO was formed after a failed attempt to adopt $PEOPLE for governance, driven by the unique properties of tokens and stories. The People DAO officially launched on December 6 following a Snapshot vote. Some people have formed common values for people, so people have the meme attribute and circulate in the market.