Hello everyone, I hope everyone who stuck around is doing well. These are crazy times for sure. For the past couple of months, we've been working in the background on the next phase of development.
I've created a nonprofit organization called
Greenpoint Land Reserves and have assembled a team of professionals. This is a legal entity that works in the best interest of the DAO. We are registered in Wyoming USA and will be releasing more information soon. Essentially, we are creating the first of its kind,
Crypto Land Preserve, and introducing the new
Proof of ACRE.
We are working on the staking contract that was funded
Here.
The staking contract and
Proof of ACRE V1 feed of each other while locking up
MVT, MDT, & ACRE.
After V1 release, we will be purchasing land in the United States. Ownership of this land is transferred into the
Land Trust and managed by Greenpoint. The land trust names the DAO as the benefactor.
This essentially locks this land up in a trust controlled by
The Movement. V2 will pay
dividends from operations conducted by
Greenpoint Land Reserves, Kinda like profit sharing on steroids, to holders of the ACRE Token.
We plan on putting thousands of acres across the United States into this trust.
Once that is done, it's on to the next country.
Below is a rough draft of the direction.
If anyone wants to donate to the project that'd be great.
0xE848c9e6B3B792B509b95b3D3a783EAcbf1294E6
I hope this finds you well.
gumshed