Law Firm Accepts USDO StableCoin for Payment: NFT “Co-working Space” Rights as Collateral
One of the first real world payments of USDO will go to none other than NEO Legal!
This event marks an historic moment for OpenDAO, USDO, and NFTs! Read more for details below:
OpenDAO is happy to mark this milestone with Neo Legal, who were progressive enough (and I’d also like to think wise enough) to accept USDO in exchange for legal services rendered.
This is the first time that USDO has been accepted directly outside of the crypto industry, and we anticipate that this will be the first of many. HUGE Thank you to Neo Legal for helping to make this happen, and for being part of the future.
Logan Fulcher — OpenDAO — Head of Business Development
NEO LEGAL + OPENDAO
NEO Legal worked on our behalf to draw up the legal framework which will allow OpenDAO to assist Coworking and other real estate business operators to mint NFT Coworking space rights.
We will have more details on what this means for you too, but you don’t need to be a rocket surgeon to do the calculus here…
REAL ESTATE NFTS
+
REAL WORLD ASSETS ON CHAIN
+
BORROWING AGAINST REAL WORLD ASSETS WITH USDO!
This project is now in development, and we will have a major update for all OpenDAOists dropping in short order.
I always have and always will have a soft spot for collateralized stable coins. In my eyes collateralized stable coins are the future of our financial system. What USDO is trying to achieve is amazing. Being able to receive a stable coin in return for collateralizing a wide variety of assets is truly revolutionary in the financial space. Also, I believe the NFT of co-working spaces is the first of its kind. Although a pilot project for now I believe this experiment will pave the way for future adoption and innovation.
Open DAO are building real world use cases for blockchain technology, truly pioneers in this space and i’m looking forward to seeing their future works.
Harly Zappino — Neo Legal — Partner
ABOUT NEO LEGAL
Neo Legal is a legal team with a passion for tech and business.
This passion has led them to become a blockchain law firm working on the cutting edge of fintech, encompassing all aspects of blockchain technology and cryptocurrency. Prior to helping OpenDAO, their record includes advising several cryptocurrency projects, crypto exchanges, and niche blockchain-related start-ups.
In addition to blockchain, the lawyers at Neo Legal have extensive experience and interest in the start-up space. They have a proven track record in helping start-ups — particularly those in tech — get to where they want to be.
Learn more about Neo Legal from their website: https://neolegal.com.au/
ABOUT OPENDAO
OpenDAO (OPEN) serves as a bridge for real-world assets to cross over into the growing DeFi infrastructure. The goal is to bring more value into the space by providing exposure to real estate, stocks, and more… all in a uniquely permissionless and seamless manner.
The DAO is nearly finished with the architecture for the creation of a superior stablecoin, one backed entirely by the world around you.
Join our Telegram if you haven’t already! t.me/opendao
THANK YOU
Thank you for reading my article everyone, particularly those of you who are thorough readers and made it this far. Kudos to you, from me!
Please click the ‘CLAP’ button, which should be on your left, if you appreciated this content, I would appreciate it! ;-)
-Logan
