[ANN][CITADAO] CITADAO AIRDROP AND GENESIS LAUNCH 🔥| DECENTRALISED REAL ESTATE

[Citadao.io]

Citadao Seems really good project.How can I know more about your project. Can you send me your whitepaper link.Thanks

Hi, you can check out our Litepaper as well as our Documentation for more information on CitaDAO. Hope that helps!

[Citadao.io]

When you are going to list in exchange?

Hey, CitaDAO's governance token, KNIGHT, is listed on the Uniswap DEX. We have partnered with MEXC Global, a CEX, and will be listing KNIGHT there, the date is TBA.

[PSULLWALERS]

Are you planning to list on any exchange soon?

[Citadao.io]

Are you planning to list on any exchange soon?

Hey, as mentioned above, CitaDAO's governance token, KNIGHT, is listed on the Uniswap DEX. We have partnered with MEXC Global, a CEX, and will be listing KNIGHT there, the date is TBA.

[Albam Jorden]

Project has very good potential. I want to know more about your project.I hope citadao will be a successful project.

[Citadao.io]

Project has very good potential. I want to know more about your project.I hope citadao will be a successful project.

Hi, do refer to the first post to find out more about CitaDAO. Feel free to ask any questions here or join our Discord where we have Weekly Project Calls!

[Alex1326]

I believe Citadao is going to be proved as a significant, useful and important platform in future.best of luck team.

[deivisr86]

Genesis IRO
CitaDAO recently launched its Genesis IRO on 8th March 2022 UTC 00:00 with the goal of buying a Bank building worth US$20,690,000.

https://i.ibb.co/ssVmsV8/image.png

Address: 56 Queen Street, Cardiff, CF10 2PX, UK
IRO value: $20,690,000 | IRO duration: 10 days | IRO reward: $1,000,000 | APY Floor: 176%

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."

https://i.ibb.co/cCb9sj0/image.png

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!

What is the minimum Investment I can make?

[Citadao.io]

Genesis IRO
CitaDAO recently launched its Genesis IRO on 8th March 2022 UTC 00:00 with the goal of buying a Bank building worth US$20,690,000.



Address: 56 Queen Street, Cardiff, CF10 2PX, UK
IRO value: $20,690,000 | IRO duration: 10 days | IRO reward: $1,000,000 | APY Floor: 176%

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!

What is the minimum Investment I can make?

Hi, the minimum USDC you can commit to the IRO is 1!

[BTTlobverss]

How can I join your aidrop?

[Citadao.io]

How can I join your aidrop?

Hey,

The Genesis IRO will end in 3 days. To make things more exciting, we have decided to extend the 50% rebate airdrop till the end of the IRO and there will be no upper limit to the amount of KNIGHT token you can earn from today Tuesday, March 15, 2022 8:00 AM at the price of $0.05/token

You need to contribute a minimum of $50,000 USDC in order to qualify for the airdrop and it will be claimable upon the successful completion of the IRO. In the event the IRO do not meet the softcap, the airdrop will be reduced to 10% (instead of 50% of your USDC contribution) and you will be able to claim back your full amount of USDC contribution.
The contribution amount is cumulative, i.e. if you contributed $25k during the first day of IRO, you only need to top up $25k USDC today in order to qualify for the full 50% rebate! Or if you contributed >$50k before today, all you need to do is to contribute additional $1 between now till the end of IRO to qualify!

Summary

1. You will get 50% of your USDC dollar contribution back in KNIGHT tokens with no CAP when you contribute from today Tuesday, March 15, 2022 8:00 AM with a minimum cumulative of $50,000 USDC
2. The 50% reward airdrop will be given out upon the successful completion of the IRO. If the IRO fails, the reward airdrop will be reduced to 10% of your USDC contribution and you will be able to claim back your full amount of USDC contribution.

This is our final sprint to meet the IRO soft cap. Please share the news with your friends and WAGMI!! Do join our Discord for updates!

[ScarletBear]

This project seems to be a curve like project just that it's backed by real estate stable coins.  I really like the idea of being able to bring a property off chain if someone wants to.

[martiantomooner]

I really like the aspect of this project that the treasury will be built up using real estate worldwide - its like the next level stable coin!

[Eversly]

 When there are a lot of Blockchain why did you chose ethereum, What ethereum will bring in Citadao ?Or you will launch your own chain later?

[Kopichechke]

With DeFi gaining popularity over the past years, the ecosystem needs alternative sources of sustainable yield generation, How would you maintain this in future?

[Citadao.io]

When there are a lot of Blockchain why did you chose ethereum, What ethereum will bring in Citadao ?Or you will launch your own chain later?

Hey, we chose the Ethereum Network for our POC because of its deep liquidity and security. Commercial Real Estate Assets have high capital so we want to ensure that our Real Estate listings are on a chain that has deep enough liquidity to support this. At the same time, we understand that using the Ethereum Network comes with drawbacks (mainly being relatively high gas fees). Hence, our team is exploring launching a v2 on the Avalanche Network. Find out more here!

[VIllabandu]

As crypto is a digital asset and in maximum cases it’s nothing but a number we see in the screen ,while real estate is real world thing and it’s one of the most profitable business model in the world. CitaDao chose a nice sector to capture. Watching the situation.

[Citadao.io]

With DeFi gaining popularity over the past years, the ecosystem needs alternative sources of sustainable yield generation, How would you maintain this in future?

Hey, CitaDAO brings to you Real Estate Tokens (RET) which are minted when real world Real Estate gets tokenized. To achieve sustainable yields, it would mean to have a sustainable APY and a sustainable price. CitaDAO achieves both with our RET.

Sustainable price is achieved as RET are backed by Real Estate and hence, have a stable price that increases in the long term.

For sustainable APY, you could
1) Simply hold onto the RET as it accrues value from a rising floor price and appreciation from rental yield.
CitaDAO allows you to unlock more sources of sustainable yield.
2) You could collateralize your RET and take out a loan. Use that loan to farm for rewards.
3) You could provide liquidity by staking a RET-USDC pair into our yield farms and earn an APY.

Hope these help!

[Jaskulski]

Don’t you think Real Estate on chain will be worth more than real estate IRL and that will create a extra value which is not real? And thus at certain point there could be a loss.

[Citadao.io]

Don’t you think Real Estate on chain will be worth more than real estate IRL and that will create a extra value which is not real? And thus at certain point there could be a loss.

Hey, we believe that Real Estate in the real world will act as a backing for Real Estate on-chain. This means that the value of Real Estate on-chain should not fall below the value of Real Estate in the real world and should in fact be more than it. As you rightly mentioned, there will be an extra value. We believe that the extra value will come from the use cases that Real Estate on-chain unlocks. This comes in the form of the Real Estate Tokens (RET) that IRO participants obtain which will have multiple use cases such as yield farming, taking out collateralized loans, Real Estate Indexes and other Primitives. These are use cases that you would not be able to find or have difficulty finding with Real Estate in the real world.

We believe that all these use cases will make Real Estate on-chain more valuable than Real Estate IRL, thus making the extra value 'real'. It is similar to how Ethereum derives its value from it being used for transactions and how Bitcoin derives its value from it being used as a store of funds. Hope this helps!