Condo Token Launch: Innovating RWA Meme Landscape with Unique Treasury Strategy
Condo Token Launch: Innovating RWA Meme Landscape with Unique Treasury Strategy
Condo token, the first real-world asset (RWA) meme token, was recently launched on the Base chain, marking a significant shift in the meme token landscape. The token integrates real-world asset investments through an actively managed treasury, setting it apart from conventional meme tokens focused solely on social media trends.
Inspired by Nathan, the visionary leader behind Ondo Finance and the groundbreaking Ondo-Blackrock partnership, the meme token positions Nathan as the official ginger mascot of crypto, symbolizing innovation within the industry.
Unique Treasury Strategy and Allocation
- Condo implements a 3% transaction tax on all purchases and sales, directing the funds towards a community-driven treasury for investing in leading RWA projects.
- Condo DAO employs a treasury strategy that actively invests in innovative RWA projects and generates passive income for the treasury.
- The token's proactive investment strategy strengthens its intrinsic value and supports the development of groundbreaking RWA initiatives.
Token Distribution and Team
- Circulating Supply: 90%
- Airdrop for RWA community projects: 5%
- Allocated for CEX Listings: 2%
- Dedicated to Marketing: 2%
- Designated for Development: 1%
- Team Tokens: 0%
Condo operates on the Base chain with a total supply of 10 billion tokens and boasts a seasoned team dedicated to driving the token's growth and development.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.