Biggest Losers in Constitution DAO
Jonah Erlich is one of the core members of a group called ConstitutionDAO, a group that raised money to try to buy one of the original copies of the United States Constitution at an auction held by the high-end auction house Sotheby's.They got together in what's called a DAO, a decentralized autonomous organization. These new types of groups could have a major impact on the metaverse or, better yet, the globe.ConstitutionDAO is a decentralized autonomous organization formed in November 2021 to purchase an original copy of the United States Constitution. Having lost the auction and following the core team's choice to wind down, we would like to remind you that the tokens possess no rights, governance, or utility other than redeeming them for ethereum from the smart contract held in Juicebox at a ratio of 1,000,000:1—the same ratio at which contributions were made to the initial crowdfund to buy the Constitution. It is also an option to keep your $PEOPLE tokens and do with them as you please—it is clear that there are parts of the community who wish to incorporate them into future projects. The bounty was to see the losers of the Crypto who had faced losses in redeeming the $PEOPLE token than selling them,Its seen from the Flipside data that one person had redeemed the PEOPLE token for ETH.