YakDAO, an internationally acclaimed recreational property DAO, will position its long-awaited token on Tokenfi’s decentralized Launchpad. This is slated for the 28th of March, 2024.
The first token raise of YakDAO was on TrustSwap’s Launchpad, with subscriptions surpassing the expected by 1,200%. Its aim lies in democratized connectivity with increased yield—this is a recreational property investment.
YakDAO intends to change the face of an asset class conventionally overpowered by rich operators and private equity funds and make it more available to single investors. Using a shrunken token module, like the ways adopted in private equity funds, they are crossing the obstacles that disallow single investors from connecting with this fertile market.
The yields obtained from YakDAO’s properties are expected to come with regular buying pressure on the token, providing rewards to the stakers. This scheme utilizes decentralized finance (DeFi) systems to build a sort of monetary democracy, providing the option for retail investment in asset classes otherwise managed by moneyed investors.
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Additionally, YakDAO has made progress in real-time applications related to their modules. Within a short period, the company has done great work, like acquiring a 24-acre property and building bookable glamping setups.
The prime team at YakDAO comprises professionals such as its CEO, David Woodbury, its CMO, Brent Rangen, and the COO, Kim Woodbury.
The launch is significant for TokenFi as it spells out its importance in speeding up the tokenization scenario.
TokenFi is an inventive platform for crypto and asset tokenization, which provides users the option of introducing and tokenizing assets with ease. TokenFi intends to be an absolute game changer regarding the trillion-dollar tokenization sector by using a user-friendly interface that comes without the need for coding skills.
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YakDAO was introduced in 2022, which carries out innovations at the crossroads of glamping and DeFi and utilizes its network of glamping sites for physical asset-boosted yield. Its introduced property is witnessing a substantial market movement. Straight bookings are propelling a power-packed buyback fund.
