What is YakDAO about?

YakDAO is a decentralized autonomous organization that governs the Yak platform. Yak is an eco-friendly recreational property that allows customers to enjoy the outdoors without giving up amenities. The DAO governs Yak and allows retail investors to benefit from the profits made from Yak.

What exactly does YakDAO do in the real estate market?

YakDAO collects money from the community to purchase and develop properties for glamping. Investors receive the YAKS token in return. Then YakDAO engages in market operations to further enhance the value of the YAKS token to incentivize holders to hold.

What are the advantages of using YakDAO for property investments?

YakDAO allows the average investor to gain exposure to investment activities traditionally reserved for accredited investors. Customers can have fractionalized exposure to investment properties without actively maintaining the properties. Furthermore, YAKS holders may have the possibility to earn NFTs, participate in governance, or utilize the glamping facilities.

Are there any risks associated with real estate tokenization?

Yes, there are some risks associated with real estate tokenization. Due to the fact that cryptocurrency and blockchain technology are still niche sectors, there are some regulatory risks that may not be immediately apparent. The real estate market is also volatile and illiquid, therefore, allowing access to retail customers who may not understand expose them to some risks.

How can one invest in YakDAO's projects?

To invest in YakDAO, you will need a cryptocurrency wallet and some cryptocurrency to purchase YAKS. The Yak DAO token is on Uniswap on the Arbitrum blockchain, so you will need Arbitrum ETH to buy some. You should only use the official YakDAO website to learn how to purchase YAKS.

What future developments are expected from YakDAO?

Yak has plans to purchase and develop more property in the future. There are also plans for a multichain staking pool and a Mogul Rewards Engine. Lastly, there are plans to launch YakLAND shares by 2025.