The Real Estate Listing features an extravagant heritage building valued at US$20,690,000. Participants who contribute their Stablecoin USDC to the IRO can expect a floor APY of 176% on their contribution. Moreover, eye-catching airdrops in the form of CitaDAO's governance token, KNIGHT, are being given to IRO participants. All these rewards come in addition to the Real Estate Tokens that participants will receive anyway if the IRO is successful.
Joel Lin, a contributor at CitaDAO remarked, "For the first time in history, crypto anons will be able to collect rents from rent-seekers. The first IRO for CitaDAO will be a building leased to TradFi in Wales. If we want to bring legitimacy to web3, this is our opportunity and Real Estate will play a crucial role, this is the way."
As of now, the commitment amount to the IRO has exceeded US$2 million and will end on 18th March 2022 UTC 00:00. Don't miss out on this amazing opportunity, join us at app.citadao.io!
