YakDAO, the world’s first recreational property DAO, will launch its hyped and much-anticipated token on TokenFi’s decentralized Launchpad on March 28th, 2024.
YakDAO’s initial token raise was on TrustSwap’s Launchpad, and it was oversubscribed by a whopping 1,200 percent, showing strong interest in the project. It is focused on democratizing access to high-yield recreational property investments.
YakDAO aims to transform an asset class traditionally dominated by wealthy operators and private equity funds, making it more accessible to individual investors. By utilizing a deflationary token model, similar to strategies employed in private equity funds, they are overcoming the barriers that typically prevent individual investors from accessing this lucrative market. The yields from YakDAO’s properties are expected to create consistent buy pressure on the token, offering rewards for those who choose to stake it. This strategy leverages decentralized finance (DeFi) mechanisms to create a form of monetary democracy, allowing retail investment in an asset class that has been largely controlled by the world’s wealthiest investors.
In addition, YakDAO has made significant strides in tangible real-world applications of their model. In less than a year since its inception, the organization has achieved remarkable milestones, including the acquisition of a 24-acre property and the development of bookable glamping units. These achievements showcase YakDAO’s commitment to integrating digital assets with real-world properties, offering a new standard for investments and making high-yield recreational properties accessible to a broader range of investors.
The YakDAO core team is made up of the following highly successful entrepreneurs:
- CEO: David Woodbury is a C-level executive with over 10 years of experience and 3 successful exits, including CampNative.com.
- CMO: Brent Rangen built the marketing strategy and site architecture for Chewy.com, which became the largest e-commerce exit in history. Brent has led the marketing departments for two other venture-backed startups, one of which reached a valuation of over $1B.
- COO: Kim Woodbury is an experienced cryptocurrency trader, analyst, keynote speaker, and entrepreneur who is passionate about decentralized real estate.
This launch is important for TokenFi as it shows the critical role it is playing in accelerating the tokenization wave. It also shows that experienced and highly successful entrepreneurs trust TokenFi as the platform on which to bring their visions to life.
About TokenFi
TokenFi is an innovative platform for crypto and asset tokenization, enabling users to launch or tokenize assets effortlessly. TokenFi is committed to revolutionizing the trillion-dollar tokenization industry by offering a user-friendly interface that requires no coding expertise.
Website: https://tokenfi.com
Twitter: https://twitter.com/tokenfi
About YakDAO
Launched in 2022, YakDAO innovates at the intersection of glamping and DeFi, leveraging its network of glamping sites for real-world asset-driven yield. Its debut property has already demonstrated significant market traction, with direct bookings fueling a strong buyback fund.
Website: https://yak.camp/
Twitter: https://twitter.com/theyakdao
NOTE: Users from the USA or UN-sanctioned countries will not be able to participate in the sale YakDAO launch.
Disclaimer: This is not an endorsement or offer to invest by TokenFi. TokenFi Launchpad is a decentralized launchpad solution and a key part of the TokenFi platform. We often highlight strong projects that use our products to show the level of adoption these products have. It is important to note that digital assets carry a high level of risk, and you are fully responsible for your investment decisions. Make sure to conduct your own due diligence before investing in any project on TokenFi Launchpad. Do note that the date and time of launch for any project can change at the discretion of the project owner.
