About Chain Estate DAO
Chain Estate DAO is a physical asset-backed cryptocurrency that generates passive income for its investors while getting exposure to an ever-growing real estate market. The project aims to build a portfolio of professionally managed real estate properties that are owned by investors in the Chain Estate DAO project through holding NFTs. This is blockchain’s first opportunity to invest in physical real estate in a digital world.
Chain Estate DAO Coin is a physical asset-backed token that utilizes NFTs to represent ownership in physical real estate properties. The CHES token was launched on February 22, 2022 by a team based in the United States.
The initial token supply is 1,000,000,000 tokens. 30% of the tokens were provided in the initial liquidity, 35% went towards future airdrop rewards, 5% went towards marketing, 10% towards the developers, and the remaining 20% was burned. The token supply is set – no more tokens can be minted.
The CHES token allows holders to receive airdrops, partake in governance voting, and purchase real estate-backed NFTs. Each transaction with the token, buys and sells, are taxed at 5% which goes towards funding purchasing properties, marketing campaigns, and management.
As the Chain Estate DAO acquires properties, 100 NFTs will be minted in associated to each property so that each NFT represents a 1% stake in the cash flow. The tokens that are used to purchase the NFTs are split 3 ways: 40% goes towards replenishing the airdrop fund, 40% gets burned, and the remaining 20% is set aside in case of any major repairs that the property will need.
| Coin Basic | Information |
|---|---|
| Coin Name | Chain Estate DAO |
| Short Name | CHES |
| Circulating Supply | 300,000,000.00 CHES |
| Total Supply | 800,000,000 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
Tokenomics
The maximum supply of the Chain Estate DAO (CHES) token will be 1,000,000,000 tokens. The initial token distribution is divided into 5 ways:
1) 30% towards the initial dex offering
2) 20% will be burnt
3) 35% towards airdrop rewards
4) 10% towards the developer team (these coins will have a six month lockup period)
5) 5% towards initial marketing campaigns
Invest in Real Estate on the Blockchain
3% of all Chain Estate DAO Coin transaction fees are sent to a token pool used to purchase real estate that members vote on. 100% of the cash flow from these properties are then distributed to NFT holders of the real estate who are also partial owners of the properties.
How Do Become a Part of Chain Estate DAO?
Download MetaMask
MetaMask is the #1 Crytocurrency Wallet that you can download as a Google Chrome extension.
Purchase BNB
BNB is the official coin of the Binance Smart Chain, and you can buy it many places, including binance.us and CoinBase.
Swap BNB for CHES
Go to Pancake Swap, an exchange on the Binance Smart Chain, to use your BNB to purchase the Chain Estate Token (CHES)
Hold Tokens for Air Drops
Chain Estate DAO will have monthly air drops starting mid 2022 that reward you based on the number of tokens you have and how long you’ve had them for.
Purchase Real Estate NFTs
Once the real estate token pool grows enough, they will begin purchasing real estate and releasing NFTs for each property.
Profit
100% of cash flow from the properties are distributed to NFT holders. You can also profit from simply investing in CHES as a real estate backed token.
What Makes Chain Estate a DAO?
Chain Estate DAO Coin investors will help decide what properties the project invests in. Each time funds are raised to purchase a property, a poll will be released to the community through the polling smart contract, and each member can vote on what property should purchase. Everyone’s vote has a weight directly correlated to how many CHES tokens they hold.
The team will be analyzing properties that have great potential and give suggestions to the community based on expert analysis, but ultimately it is up to the community for which properties will acquire. In the future, there will also be another governance smart contract that will replace the polling contract that will allow investors to propose and vote on properties to aquire so a decision can be made end to end without the team.
Why Invest in Chain Estate DAO?
Many projects or companies fade away over time, so why is Chain Estate DAO different? The answer is simple. The project is directly tied to the longest lasting market in the world – Real Estate. Over time, property values have consistently gone up and rarely see large price fluctuations.
People always will need a place to live, and because it is getting harder and harder to buy a home, there will always be people looking to rent. Along with that, fears of hyperinflation devaluing currencies is looming, causing people to look towards investments that protect against inflation. Real estate is the perfect option for that.
Because it is physical land and structure, it does not get devalued like currency can. Over the last 100 years, real estate appreciation has outpaced inflation by about 1% per year. When inflation increased from the 2% average per year, so did real estate.
