Control an EVM real estate protocol. How? Why?
Check out Locimutual.com and docs found thru Linktr.ee/locimutual/ over a cup of coffee — it will be a little confusing — Loci built tech and legal infrastructure to control, tokenize real estate property owned mutually by the Loci protocol and unhosted ETH address owners.
Locimutual.com — individuals may now secure rights to control the Loci DAO — the emission auction contract has been deployed. Loci got built over athe last decade to help accumulate, steward long lived assets permanently at great scale for everyone everywhere at a lower effective cost. Loci is recreating spending systems, and real estate systems in parallel for producers and merchants.
Loci Mutual commences startup with 4 Bell property tokens: Loci stable coin (LUSD), Loci yield token (web3 Loci Bells), SFR Bell token (50LB, 30LB, 20LB CRE growth Bells), MF Bell token (50LB, 30LB, 20LB CRE growth Bells). LG tokens, the multi-class governance token controls them — remember LG tokens are minting now at Locimutual.com.
Advantages for local property producers and communities where homes are in short supply:
.. Regulatory compliant, producers avoid securities, compliance risk
.. Projects avoid periodic debt service entirely (that’s right!)
.. Projects avoid property tax (case-by-case), materials sales tax
.. Increased net fees, residuals with less risk
.. limits reliance on federal housing programs
Loci projects make and sell non-recourse project debt directly to stakeholders, other Loci agents focus on liquidty solutions that limit tax risk — a service for real estate owners, fee agents, and stakeholders generally.
Loci is sealed a container built to hold complex risks: DAOs and other property makers lease it, project by project. Property producers engage Loci to avoid risk, DAOs and other property producers focus on growth, both always getting smarter.
Loci Mission — expand access to cost effective life basics everywhere
Business tactic — grow a parallel real estate ecosystem, scale production of superior non-recourse debt to expand access to cost-effective life basics now
