Crypto & ReviewsNowadays, the cryptocurrency world is being driven by memes, shitcoins and non-functional tokens, created on several different networks and blockchains, which serve no purpose at all other than tricking users into trading those assets to create market fluctuations that are backed by no specific reason at all and are all artificially made. This mess must come to an end, and cryptoandreviews.com is here to do that.
The benefits of ConstitutionDAO are closely linked to the utility of the tokens which will be reviewed on this article.
Cronos, PancakeSwap and The Sandbox all had a quick run up when they were introduced into the market. Many people invested in the initial idea while others didn’t. You know the rest of the story as of today.
A lot of investors have hurriedly delved into investing on a project they have little knowledge about Due to Fear Of Missing Out. So on this article, we will review ConstitutionDAO token by explaining what the coin is about, insights on the project listing the pros and cons, the supply and how legit/safe the token is for investment.
Please note; This is not an Affiliate Link related article, neither is it a Promotional Article.
About ConstitutionDAO
What is ConstitutionDAO?
Constitution DAO was an experiment that has now been dissolved. In November 2021, a group web3-enthusiasts gathered as a decentralized autonomous organization with the shared objective of buying a copy of the U.S. Constitution at a Sotheby’s Auction. There are only 13 original physical copies of the U.S Constitution in existence, which meant that this auction sparked a competitive bidding battle. Even though the group managed to raise well over $40 million in ETH, it ultimately fell short and was outbid by Ken Griffin, a billionaire hedge fund manager and CEO of Citadel.
Constitution DAO announced that it would disband after its unsuccessful grassroots attempt to buy one of the most valuable and iconic documents in U.S. history. All donations are being refunded.
Who Are the Founders of Constitution DAO?
Constitution DAO did not have a single source of origin, but can instead be seen as an evolution to the grassroots fundraising movements that led to the rise of meme coins like Dogecoin and Shiba Inu. The DAO raised more than $47 million from 17,000+ donors in just a few days, with a median donation size of $206.
ConstitutionDAO Supply
There are 5.06B PEOPLE in supply worldwide.
Pros and Cons of ConstitutionDAO
Pros of ConstitutionDAO
- There is a surge in the market price currently
- Project whitepaper available
- Contract on Ethereum
- They are fully decentralized
- A lot of investors are ‘flocking’ to invest
- It is listed on coinmarketcap
- Good navigational website
Cons of ConstitutionDAO
- The coin is still under research and development
- Multiple issues with its synchronizations between ledgers
- Not listed on some exchanges
- No Github profile
- They have no reddit account
- No Bitcointalk thread created
- No traceable features on tradingview
Is ConstitutionDAO Legit or Scam?
A cryptocurrency project requires you to part with your hard earned cash in order for you to become successful. You expect some level of transparency and professionalism from a project or the team that is asking for your money.
According to research and reviews, ConstitutionDAO have developed a problem solver but with a weak back up for the token they produce. Going through their community and roadmap about their project, their visions and aims have so far been achieved.
Is ConstitutionDAO Safe?
Being willing to invest in any token is a question entirely up to you to answer. ConstitutionDAO token has a formidable team and vision to backup their digital assets and project. The project will succeed but depends if the team keeps the vision active and alive.
Make personal research on the coin, visit coin’s official website.
Follow our blog to learn about coin legitimacy. You can share your thoughts and experiences about ConstitutionDAO on the comment section below. Don’t forget to rate and leave a review.
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