This comprehensive guide is designed to help you Add ConstitutionDAO to Trust Wallet, a token that emerged from the ConstitutionDAO project, to Trust Wallet. Trust Wallet, recognized for its wide support of various cryptocurrencies including ERC-20 tokens, offers a secure environment for storing, managing, and engaging with your ConstitutionDAO tokens. Following these detailed instructions, you’ll learn how to successfully integrate ConstitutionDAO into your Trust Wallet, ensuring a seamless experience.
What Is ConstitutionDAO?
Before diving into the addition process, it’s crucial to understand what ConstitutionDAO is. ConstitutionDAO was a project aimed at purchasing a copy of the United States Constitution through pooled funds from a large number of internet users. The project issued the PEOPLE token to participants as a form of governance token, symbolizing their part in this unique endeavor. Though the bid to purchase the Constitution was unsuccessful, the PEOPLE token remains active within the cryptocurrency ecosystem, representing a fascinating experiment in collective action and digital asset governance.
How To Add ConstitutionDAO to Trust Wallet
Step 1: Install and Configure Trust Wallet
The first step requires installing Trust Wallet on your mobile device. Trust Wallet is available for both iOS and Android platforms and can be downloaded from the respective app stores. After downloading, follow the on-screen instructions to either set up a new wallet or import an existing one. It’s essential to securely back up your recovery phrase, as it’s the key to accessing your wallet if you change or lose your device.
Step 2: Utilize the Wallet’s ‘Receive’ Function
To prepare for receiving ConstitutionDAO tokens, locate your wallet’s receiving address. Open Trust Wallet, tap on the “Receive” button, and search for Ethereum, as ConstitutionDAO (PEOPLE) is an ERC-20 token. Copy the Ethereum receiving address as this will be used to receive your PEOPLE tokens.
Step 3: Locate ConstitutionDAO
ConstitutionDAO might not automatically appear in your Trust Wallet’s token list. To add it, tap on the icon in the top-right corner and search for “ConstitutionDAO” or “PEOPLE.” If the token is listed, you can easily enable it to show up in your wallet. If it’s not listed, you’ll need to manually add it as described in the next step.
Step 4: Manual Addition of ConstitutionDAO (If Required)
If ConstitutionDAO is not pre-listed in Trust Wallet, you can add it manually by:
- Tapping on “Add Custom Token.”
- Changing the network to Ethereum, as PEOPLE is an ERC-20 token.
- Entering the contract address for ConstitutionDAO. This information can be found on reputable crypto asset tracking platforms or the project’s official social media channels.
- Filling in “ConstitutionDAO” for the name, “PEOPLE” for the symbol, and setting the decimals (usually 18). After completing these steps, ConstitutionDAO will be added to your Trust Wallet.
Step 5: Acquiring ConstitutionDAO Tokens
You can acquire ConstitutionDAO tokens by purchasing them on a cryptocurrency exchange that lists PEOPLE. Once purchased, withdraw the ConstitutionDAO tokens to your Ethereum address in Trust Wallet. Make sure to select ERC-20 as the transfer network to ensure the successful transfer of your tokens.
Step 6: ConstitutionDAO Tokens Management
With ConstitutionDAO tokens in your Trust Wallet, you can now manage them directly within the app. Trust Wallet allows you to view your PEOPLE balance, send tokens to other addresses, and use ConstitutionDAO for transactions on decentralized exchanges (DEXs) or within the broader Ethereum ecosystem.
Can I Add ConstitutionDAO to Trust Wallet?
Yes, you can add ConstitutionDAO to Trust Wallet by following the steps outlined in this guide. Trust Wallet’s comprehensive support for ERC-20 tokens, including PEOPLE, makes it an ideal platform for securely managing your digital assets.
About ConstitutionDAO
ConstitutionDAO represents an innovative experiment in collective governance and crowdfunding within the cryptocurrency space. While the project’s initial goal was not achieved, it has left a lasting impact on how digital communities can mobilize towards common goals, showcased through the widespread distribution and continued interest in the PEOPLE token.
Conclusion
Adding ConstitutionDAO to Trust Wallet is a straightforward process that empowers you to securely manage your PEOPLE tokens. Whether you participated in the initial crowdfunding effort or are holding PEOPLE tokens as a symbol of the project’s legacy, Trust Wallet provides a convenient and secure platform for all your digital asset management needs. Always ensure to follow best practices for security and conduct thorough research when participating in the cryptocurrency market.