How Binaryx Uses DAO Structure?
Binaryx integrates DAO principles into its real estate investments by creating a DAO LLC for each property. These entities, registered in Wyoming, USA, combine the benefits of blockchain technology with a legally recognized structure. Here’s how it works:
Tokenized Ownership: Each DAO LLC issues property tokens on the blockchain. By purchasing these tokens, investors become co-owners of the DAO LLC, gaining rights to participate in governance and share in the property’s benefits.
Smart Contract Management: The DAO LLC operates through smart contracts, which automate key processes like voting, rental income distribution, and ownership verification. This ensures obligations are fulfilled transparently and efficiently.
Operational Framework: The DAO LLC’s activities follow an operating agreement, a legal document outlining rights and responsibilities, capital structure, management roles, and procedures for taxation or liquidation.
Through its DAO LLC structure, Binaryx enables token holders to collectively manage properties, ensuring a transparent and democratic approach to real estate investment. This combination of blockchain technology and legal safeguards provides both flexibility and security for investors.
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