Introducing HOM-DAO: Real Estate 2.0.
The problem with DAOs
In recent months, the crypto world has had no shortage of Olympus forks. New projects popped up day after day, touting insane APYs and a promise of life-changing wealth creation. Many investors got swept up in it, and who could blame them? How could anyone walk away from an APY with that many zeros? Even if the price plummets, the token yield would more than make up for the loss in token value. And since these DAOs are backed by stable coins, the price can only dip so much…right?
Wrong.
One by one, the DAO’s fell victim to the harsh truth—the price could plummet far faster than the yield, and the stable coins backing them weren’t so stable after all. Despite all the promises and hype, we learned that in reality, many of these DAOs weren’t backed by anything at all.
This revelation is the crux of the problem with DAOs. The fact is, in order to have sustainable growth, the token needs to be backed by something real.
The solution: HOM DAO
HOM DAO is a revolutionary project that boils down to a simple idea: real-estate backed crypto currency.
HOM DAO’s goal is to provide keys for you to build wealth, buy property, and generate passive income. Our community’s mission is to help provide access to safe, comfortable, sustainable housing for everyone, everywhere.
But how?
The HOM protocol is an open-source platform that will allow property owners to bond their property in exchange for HOM tokens, and then stake the tokens for compounded returns. In simple terms, the years of paying interest on a mortgage with a bank are over. With the HOM Protocol, you earn the interest.
Who can benefit from the HOM Protocol?
Short answer: everyone.
The HOM Protocol will empower people to buy, rent, or refinance a property. Property purchases will be facilitated by buying and selling HOM-NFTs, rentals will be conducted by buying and selling fractional interest of a HOM-NFT called “Day-NFT.”
And for those struggling to fund the purchase of a home, the HOM Equity Liquidity Pool (HELP) is designed to put keys in their hands. By leveraging the HOM protocol in a concurrent closing, the HELP program will make it possible to buy or refinance without a credit check or down payment.
So what will prevent this DAO from crashing like the others?
How can I buy HOM?
HOM DAO is a group of excited community members collaborating to build an incredible project. You can join our DAO through our Discord and visit the website for more information. If you want to support the project, you can make a $1,000 donation, for which you’ll receive pHOM (preliminary HOM) tokens which give you voting rights in in the DAO. When HOM DAO makes its public debut, your pHOM tokens will automatically covert to HOM tokens.
Visit homdao.finance to buy your presale pHOM tokens today!
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