The ReNVEST DAOs
2-Tier Model: Supra- and Sub- DAOs
ReNVEST DAO leverages the DAO model to democratise real estate investment, allowing RNVD token holders to have a direct say in the governance and management of the ecosystem at supra-DAO level. By integrating blockchain technology and smart contracts, ReNVEST DAO ensures that all investment decisions, property acquisitions and major operational changes are made transparently and democratically. Tokenholders can vote on critical issues such as which properties to tokenize, strategic partnerships and the distribution of rental income. This participatory approach not only aligns the interests of investors with the overall success of the platform but also fosters a sense of community and collective ownership. Through the DAO structure, ReNVEST DAO aims to create a more inclusive, transparent and efficient real estate investment ecosystem.
There are two types of tokens that bring in voting and governance rights over separate matters: RNVD at supra-DAO level and property STOs at sub-DAO level for each property where the investor bought such tokens.
RNVD tokenholders drive the business direction of ReNVEST DAO and may intervene in sub-DAO whenever a case of force majeure arises (i.e., a property needs immediate care and repair of a material issue, which may devaluate or damage the property per se, where the respective STO tokenholders cannot immediately agree in the best interests of the other investors and of the property; that type of situation, such as a pipe, roofing, flood issues, may lead to significant damage to the property, will allow the supra-DAO and/or the property manager to intervene immediately to prevent further damage; such operations for such situations will impose the proportional and fair passing of expenses to the investors in that property to cover the invoices of the materials and of the services providers).
Level-1 DAO = Supra-DAO (ReNVEST DAO as an ecosystem for real estate tokenization in Europe to be democratically and directly administered and managed by RNVD tokenholders that serve the role of utility governance tokens to be listed on DEX and/or CEX secondary markets) -> for business direction, decision (next markets, strategic partnerships, technology development, force majeure cases, including needs of sub-DAOs to maintain the property value, if necessary, and more upon request and subject to vote in line with the Constitution of ReNVEST DAO).
Level-2 DAO = Sub-DAO (property DAO democratically and directly administered and managed by the end-investors through decision-making on the basis of their corresponding STO investments) -> for decision-making at property level by the end-investors in STOs of any given one underlying property, except for situations of immediate attention, where the Level-1 DAO may intervene to redress, prevent, or support any given Level-2 DAO in its best interest, whenever required, necessary and justified).
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