DAO
Last updated
Last updated
A recent innovation in the DeFi space is the DAO or “Decentralized Autonomous Organisation”.
A DAO allows liked minded individuals to group together and act as a collective. Members of the DAO can participate and contribute in conversations that have an impact on the proposals put forward to be voted on by the other members. The DAO is an ideal structure to democratize the ownership and development of real estate assets. The DAO members can review and vote on proposals of the other members and put forward proposals of their own on the direction of the DAO. In this way, even a small financial contributor has a voice.
Decentralrealty plans to organize each project under its own DAO. NFT owners will be enrolled automatically into the DAO that issued the NFT that they own. Ownership of a NFT will be determined through a snapshot taken daily at 12am UTC. Project DAO's will be responsible for their own multi-sig treasury account. Each token will give the holder a specific number of votes according to the NFT tier it belongs too.
Decentralrealty will leverage the DAO Engine tooling provided by Hsuite. More information on this is available at .
The ownership of real estate interests through a DAO’s is at the tip of the spear in the crypto and blockchain space. There are many benefits that will drive this model in the future:
1. Democratized decision making
2. Transparency
3. Investment and risk diversification
4. Asset backed tokens
5. Easy entry and exit