ConstitutionDAO was a decentralized autonomous organization created to buy one of the 13 remaining physical copies of the Official Edition of the U.S. Constitution, auctioned at the premier auction house, Sotheby''s. PEOPLE is the name and ticker symbol of ConstitutionDAO''s token.Started initially as a meme, ConstitutionDAO raised $47 million from 17,437 donors with a median donation size of $206.26. The DAO set the record of the highest crowdfund in less than 72 hours. They then proceeded to form a non-profit called Endaoment that could bid at Sotheby''s on their behalf. The ConstitutionDAO crowdfund was held via Juicebox, ConsitutionDAO''s crowdfund partner. People who participated in the crowdfund were awarded PEOPLE tokens. If ConstitutionDAO had won the auction, PEOPLE holders could vote on proposals related to the purchased copy of the constitution. However, since the DAO lost the auction, it is now officially dissolved. The multi-signature wallet (multi-sig) burned the project''s NFTs and its owner no longer has control over the collected funds. Participants can receive refunds, minus the gas fees, indefinitely through the PEOPLE token.PEOPLE price and tokenomicsYou can redeem your donated funds in exchange for ETH at a 1 ETH:1,000,000 PEOPLE ratio from Juicebox by paying the required gas fees. Redeeming your donations will burn PEOPLE tokens. PEOPLE price has been largely consistent and the community has plans to expand its use further. Currently, the only use case is redeeming it for ETH.About the foundersConstitutionDAO was created in November 2021 by software engineer Jonah Elrich, one of the core contributors of the DAO, along with around 30 other people. It partnered with Alameda Research, Endaoment, FTX US, Juicebox, Morning Brew and Syndicat