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Jason K. Willard edited this page Dec 31, 2021
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Loci Mutual is a DAO for DAOs, creators, and participants, providing a unique bridge to parallel web3, metaverse, and dapps.
Create a gasless marketplace for a DAO voting token (LG) and the Loci Mutual CMBTs (commercial mortgage-backed tokens) collateralized by mutual property (USD, real estate, and software). Each CMBT indebtedness is recorded wholly with local property records and state lien records.
Individual participants first become Loci associates to enjoy its mutual protection. Associates engage Loci Mutual in 4 essential ways:
- Non-financial spending, direct investing, and as a bridge to parallel systems
- Produce, direct, manage Texas real estate for the long term benefit of DAO associates
- Create liquidity for real estate tokens (pieces) secured by illiquid real estate (whole)
- Build mutual equity by residing in a mutual home or multifamily community financed commercially by Loci Mutual associates