Chain Estate DAO (CHES) is a cryptocurrency project that brings real estate to the blockchain. It operates by allocating 3% of all transaction fees to a token pool used to purchase real estate, which is then distributed as cash flow to NFT holders of the properties. The aim is to provide a transparent and democratic system where members can vote on which real estate assets to acquire. Despite the unfortunate decision to shut down as of February 17, 2023, Chain Estate DAO remains committed to sharing updates and real estate news with its community even as the project comes to a close.
In addition to its real estate focus, Chain Estate DAO provides valuable information and resources to those interested in real estate investing. News updates cover a range of topics, including the potential impact of blockchain technology and NFTs on the industry. Chain Estate DAO also shares articles outlining various ways to invest in real estate and examines the role of artificial intelligence in transforming property investment. These updates serve as a valuable resource for anyone looking to navigate the real estate market and stay informed about emerging trends.
While Chain Estate DAO acknowledges its unfortunate shutdown due to a government requirement, it expresses gratitude to its community for their support and dedication. The project had the potential to become a successful opportunity for all participants, and its team and community members devoted countless hours to its development. While the project may be ending, Chain Estate DAO aims to leave its visitors with valuable updates and resources that can continue to aid them in their real estate journey.