The DAO for decentralized asset ownership
CityDAO is exploring decentralized asset ownership on chain, starting with a piece of land in Wyoming. Each parcel of land is an NFT that can be owned collectively by the DAO collectively or by individuals. It is a DAO, or Decentralized Autonomous Organization, meaning it is managed by the community.
Digitizing physical assets democratizes access, increases transparency, removes gatekeepers, and reduces complexity. Putting land on chain has several benefits:
Stay in touch on twitter @CityDAO, and join the Discord! We have lots of interesting discussions happening around DAO structure, land rights and governance, urban planning, and more.
Our hope is that CityDAO is able to buy land all over the US and world. We are starting in Wyoming because of the state's new 2021 DAO law, which recognizes DAO governance of LLC corporations. Because LLCs can own land, this creates a powerful pathway for decentralized land ownership.
You! As part of the DAO, you can help vote and execute on what happens with the land.
You! As part of the DAO, you can help vote and execute on what happens with the land.