#1 - Progress Update April 2022
Monthly, we'll share an update on our DAO’s activities; what activities we are currently focused on and which activities are coming up.
With the coming of a new month, we are glad to share an update on the DAO’s progress.
This monthly report is based on the status of the team’s progress as of early April 2022.
The DAO’s Status
Since this is our first monthly update, we’ll try to be concise, but informative on this update as it combines a couple months worth of info. But we want to make sure we catch everyone up on where we are currently:
We started the Real World Assets DAO (“RWA”) Twitter account back in mid-January. Short form messaging activated. Check.
We launched the first iteration of the RWA website mid-January too. Easily google-able. Check.
We worked with mentors, clients, and legal to roadmap a plan of action to start building towards our vision. Initial roadmap completed. Check.
We opened the official Discord in late-January. Community development commenced. Check.
Then, we started building the DAO’s first project release to bring play-to-earn real estate NFTs to the masses, Real Estate Tycoons. Off & running. Check.
DAO Notes:
We have had a lot of inquiries for more information on the RWA DAO itself, how it is structured, is there a pre-seed or seed round of funding, what is the real-estate-blockchain-economy, and how people can get involved & help.
Before the end of April, we will be releasing a formal introduction to Real World Assets DAO, about us and our planned activities, and our governance structure.
Real Estate Tycoons
The Real Estate Tycoons NFT release will be the only way to gain early exposure into the community development of the Real World Assets DAO and will prove integral over time to the entire ecosystem. As such, we have been in ‘build’ mode on RE Tycoons:
In mid-February, we started the Real Estate Tycoons Twitter account.
In late-February/beginning of March, we released the v1.1 of the Real Estate Tycoons whitepaper.
In early-March, we started work on the NFT art style and traits.
In early-March, we released the RE Tycoon’s website.
In mid-March thru early April, we had press releases published across multiple different mediums (ie Market Watch, Blockonomi, CryptoPotato, EtherWorld, Yahoo Finance, etc..)
In mid-to-late March, we started fine-tuning the game mechanics and wire-framing for the RE Tycoons P2E game.
In late-March, we started running stealth testing on some of the initial game art.
At the beginning of April, we started Twitter & in-Discord community development activities such as giveaways and contest.
At the beginning of April, we held our first AMA with the community in our Discord server.
At the beginning of April, we were guest speakers in a panel alongside CityDAO, Ryan Pineda, and more in a lineup of heavy hitters in real estate and NFTs, covering real estate, NFTs, DAOs and the future.
RE Tycoon Notes:
Upcoming, we will be releasing a first version of the RE Tycoons game mechanics, updating the whitepaper, finalizing the NFT art, furthering game development, continuing to grow the community, and simplifying the onboarding process in Discord as we merge communities with interest in real estate, DAOs, web3, play-to-earn games, and more.
To conclude:
We are happy with the progress of Real World Assets DAO so far. As the year progresses we see more and more interesting DAOs and NFT projects with utility making ways to the digital realms. We are massively excited for the opportunities that lie ahead. Here’s an article by Coin telegraph breaking down the interest in Real Estate and Blockchain Assets we encourage you to read, but if not, here’s the TLDR:
89% of all traded security tokens are for real estate, suggesting that the blockchain industry may be primed for further adoption of real estate NFTs. Breaking down that 89% further, residential real estate accounts for 87%, while commercial only takes up 2% of what has been transacted as a security token. See graph below:
We are in two extremely exciting high-growth spaces (1) play-to-earn and, (2) NFTs with commercial real estate utility.
If you’re reading this monthly update, you are early. Take advantage of this and invite your friends and colleagues. Many of you have heard me say this already, but we’re here to build something amazing that we can be proud of. Join us and let’s bring more tycoons to the party.