PEOPLE represents ConstitutionDAO, the 2021 grassroots effort that crowdfunded 11,000 ETH in a week aiming to bid for an original U.S. Constitution copy at Sotheby’s. Though the bid lost, tokens remain as proof-of-donation and community badge. PEOPLE has no formal utility or team roadmap; governance was relinquished, and donors later could redeem ETH (less fees). The meme token trades freely but is community-driven without intrinsic claim over assets.[CoinMarketCap]
