RAGA Dao
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A system with passion.
by Santiago Alcala C.
a bad joke
Inhale, exhale… close your eyes… and read on, stupid right? That's how absurd the operation of our complex system sounds, a great steam clock with hundreds of old and damaged parts, one patch on top of another, one more absurd than the previous one whose only function is to mark with great clumsiness the passage of a society that is accelerates more every day, the financial and monetary system is the crooked column on which our society clings and feeds as a scavenger to the last bones of a body long dead.
Millions of souls selling their time for smoke bills, which reflect nothing more than the ignorance in which we sink a little more every day, financial institutions that play with the resources of a nation while charging us for enslaving us JA!
The problem
our money is a joke.
Our proposal is to start at the beginning, the seed of the economy, by having a stable and secure token, backed 100% by physical assets with tangible value, where people can trust their resources in something concrete, first covering the need for money. real and trustworthy, we can start generating an ecosystem of financial opportunities for anyone who wants to grow their wealth, for all levels of risk/return and purchasing power.
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DAO
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Stable token (m2)
This will be the token around which the entire ecosystem develops, its fundamental rule is to always be fully supported by land and eco-sustainable developments with high resale value.
By acquiring any amount of tokens your resources will be distributed as follows:
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Tokenomics
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30% : Purchase of land (providing 100% of this percentage as a value to the token that will appreciate over time and development, making the token rise in value against the US Dollar) (these lands will be divided in turn between the following baskets :
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1 land for development
this is the largest resource destination, where we will build our smart eco projects.
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2 reservation lands
reserves such as jungles, forests or deserts with high footage and low price, in order to preserve our natural spaces as much as possible and turn it into our playground.
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3 lands for speculation
Land and buildings in areas of high added value, in order to simply buy and sell at a better price, regardless of their location or characteristics.
and the percentage of distribution of these baskets will depend on our ability to develop and protect them)
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50%: Land development (when used for development and construction, the value it contributes to the token will be multiplied by a factor of 2, which conservatively is the minimum ROI (Return on Investment) that we would obtain by investing in our developments, contributing so 200% of this percentage to the value of the token)
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20%: Administrative expenses (salaries, insurance, legal, etc) (this money is considered lost as value to support the token)
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Ex.1: For every 100 USD invested in the token, the value of the token will have a minimum support of 130 USD in land and constructions plus the annual appreciation of this (+-7%), the extra will be used for:
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1 pay an APY (Annual Percentage Yield) / (Annual Percentage Yield) to people by staking their tokens
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2 grow the liquidity pool giving strength to the token against periods of high sale or purchase
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Applications
1: Use the token as a stable currency, "freeze" your profits or losses in assets such as BTC, ETH etc. make transactions with other people or simply protect yourself against inflation and recessions in a safe currency.
2: In case you do not need your tokens at that time or have it as savings, you can contribute it as liquidity in the DAO to the land development area, obtaining 15% APY in M2.
3: Use the tokens you staked to buy DAO properties like our hotel rooms (NFTH) or houses in our communities (NFTC)
4: Contribute your tokens to the Business Launchpad to get higher returns with higher risk.
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Price Control
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The back value of the token will be “X” = 100
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The market price will be “Y”
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The DAO will be “D”
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If Y is greater than (X+5%) D, it will begin to offer the Tokens that it can support (increasing the offer and making the price go down)
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If Y is less than (X-5%) D will start buying Tokens with money from the Pool (liquidating the cheapest sellers, making the price go up)
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If Y is greater than (X+20%) D it will start selling its reserve tokens (making the supply go up making the price go down)
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If Y is less than (X-20%) D it will start selling its backing assets to buy the Tokens and liquidate the sellers.
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governance token
Since the DAO is an Autonomous and Decentralized Organization, these tokens will be used to make the most important decisions about the DAO and the assets owned by it, they will be used not only as a voting method but also as a pass to contribute ideas and changes to it. , in other words, will be the participations/shares of RAGA DAO.
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Applications:
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The G tokens will be used as voting power in the decisions about movements of the liquidity pool, lands backing the M2, changes in the code and future of the Organization (the greater the number of G tokens, the greater the weight of the Vote).
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Supply and Distribution:
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Every 28 days (Px1.1) G tokens will be generated (where P is the amount generated in the previous Period) and will be distributed among the portfolios staking for at least one period with more than $500k M2 (this makes it an inflationary token, as time goes by the total supply increases making it more accessible each time).
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the team of creators will have 100 G tokens equal to 100% of the initial supply, which they can sell or donate at will, this means that they have all the power over the DAO, however each period that has elapsed will lose power exponentially, returning to the system more decentralized over time, avoiding mismanagement or a dictatorship haha)
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the G tokens could be bought and sold and the price would be given by the supply and demand of the market
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Summary
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More and more tokens are generated increasing the supply making the value of the G token go down
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Each time the liquid pool and the DAO will grow, giving greater value to the power of decision over these resources, driving the price of the G token to rise
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The largest holders of G tokens will have to strive to grow the value of the Dao and its pool faster than the inflation of the G token to come out with a positive profit.
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Once the foundations have been established, we can begin to think about creating a healthier system for all and, having our values clear, use the resources of all to build a better way of life for the community.
We imagine a new way of living for all people who seek the atypical, to be a nest for creatives, innovators, magicians and adventurous scientists, for the brave who seek to be better and grow, the goal is to create healthier communities where we can coexist with our peers and nature harmoniously, create and enjoy in peace, evolve in finance, education, construction, science, electricity, art, physical and mental health. all working together to improve our society.
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Values
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Transparency
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Trust the Code
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Flexibility and Agility
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There is always another way to find it.
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Co-Creation
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We don't know what we don't know, so the answer can come from anyone, we are all in this.
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Creation is the purest form of the divine of our being.
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Sustainability & Sustainability
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We seek to make the least possible negative impact, sustainability as a priority in our search for efficiency.
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Sustainable: ecologically bearable, economically viable and socially equitable
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ready we already have strong foundations and reliable structures, now we can play, the resources destined for land development will be used and to build:
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NFTH
Decentralized Smart Eco Hotels of 30 max unique rooms managed and guarded by the Dao whose property will be exchanged at full price for any currency or at a 10% discount using M2 tokens that have been in staking and the property will be represented by a SINGLE NFT per room on which will have the following benefits on the holder portfolio:
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70% of the profits for the rent and management of this room.
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36 nights a year for personal use (as long as it does not intervene with reservations already established)
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Discounts to other villa rooms around the world.
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Tickets to our events, parties, art, talks, auctions, etc.
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NFTC
Ecological and intelligent communities implementing state-of-the-art technology to be circular and renewable in energy economy and waste, with services for all members such as integrative medicine, gym, amenities, sustainable markets, etc. and spaces for creators and scientists where they can develop and experiment, such as laboratories and coworking spaces.
Each lot and house will be sold in the form of NFTs which will give the holder the following benefits and obligations:
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Access to City facilities, services and amenities.
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parks
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Spa
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Laboratories
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Coworkings
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Sustainable Markets
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theaters
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events
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pools
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Activities
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Medical
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gym
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Access to the program “HomeShare
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A Holder A will have access to the platform to stay for stays of 21 days or more in the home of a Holder B as long as he is the holder of the same plan.
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Access to discounts on nights at our NFTH hotels.
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The responsibility to pay a monthly maintenance fee (annual if you want to advance) that will be visible in the NFT. In case of not making the due payments, a debt will accumulate. If the possessor were interested in selling your property, your debt will be something that will detract from your NFT. In the event that the accumulated debt exceeds 20% of the last purchase value of the property, the NFT will lose the backing of the property (losing its value). Likewise, 60% of the value of the last sale in the token will be deposited in the portfolio of the owing Holder (60% + 20% = 80% of the value of his property, leaving him with a loss of only 20% against his initial investment ). For what the property will be passing to the custody of the DAO
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Limit number of properties in the same city per portfolio to avoid centralization.
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