Chain Estate DAO

The CHES token allows holders to receive airdrops, partake in governance voting, and purchase real estate-backed NFTs. Each transaction with the token, buys and sells, are taxed at 5% which goes towards funding purchasing properties, marketing campaigns, and management.

As the DAO acquires properties, 100 NFTs will be minted in associated to each property so that each NFT represents a 1% stake in the cash flow. The tokens that are used to purchase the NFTs are split 3 ways: 40% goes towards replenishing the airdrop fund, 40% gets burned, and the remaining 20% is set aside in case of any major repairs that the property will need.

What Makes Chain Estate a DAO?

Chain Estate DAO investors will help decide what properties the project invests in. Each time funds are raised to purchase a property, a poll will be released to the community through the polling smart contract, and each member can vote on what property Chain Estate DAO should purchase. Everyone's vote has a weight directly correlated to how many CHES tokens they hold. Our team will be analyzing properties that have great potential and give suggestions to the community based on expert analysis, but ultimately it is up to the community for which properties Chain Estate DAO will acquire. In the future, there will also be another governance smart contract that will replace the polling contract that will allow investors to propose and vote on properties to aquire so a decision can be made end to end without the Chain Estate DAO team.