@birdabioma Saw your thread. Thanks for putting together such a fair-minded summary. Respect
GoKey is an early stage project working to help solve a big, complex problem. We are fortunate to be building in a permissionless ecosystem, where we can disregard much of the status quo
2/ as it relates to strategy, fundraising, gatekeepers, etc. We're not building to seek approval from Shark Tank. Most people aren't willing to take the risk of supporting such an early project with a less detailed business plan. That's perfectly understandable and totally ok!
3/ We've shared our vision with the #CardanoCommunity in good faith, and have met many amazing partners, projects, advisors and friends in the process. We'll continue to do so. Startups are funded at this stage everyday by VCs and angel groups everyday with the understanding that
4/ there will be much more work needed to find and develop a great product-market fit. We would prefer to avoid going that way, and have made an ISPO one key component of a fair, decentralized and diversified fundraising strategy. May seem premature to some, but they are welcome
5/ to join us later as the project demonstrates progress, gains traction, and gets closer to satisfying the personal risk tolerance of any individual delegator. The freedom of choice of each individual to decide if or when to delegate to an ISPO (or not) is a beautiful thing. 🙏
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At the moment, as we’re sitting with ADA comfortably below $0.70, it might seem like an absurd notion to even consider ADA potentially reaching $100, let alone $200.
But today we will be exploring realistic and sustainable ways that this can happen.
Crypto will soon be as reliable as homes - how GoKey is evolving the nature of money
Real estate is seen as one of the safest investments out there, and soon this safety will exist in crypto as well. Here’s how GoKey is changing the nature of money…
[A Thread - 1/12]
2/Intro
The GoKey token is a type of scarce digital asset that will use stablecoin principles to link its value to a price index of US residential real estate
In addition, GoKey will enable the creation of a marketplace for property rights attached to participating properties
3/ Better than Typical Stablecoins
Most stablecoins have many of the same risks as cash. They are pegged to fiat currencies, so sooner or later their values may decline due to inflation
GoKey is linked to an asset class that has maintained its relative value for centuries