- Kula has secured pre-approval from Dubai regulatory body (VARA) - on path to becoming first globally regulated DAO to tokenise real world assets
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- Certificate of formation obtained from Dubai Silicon Oasis Free Zone
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- Smart Contract Audit Completed in partnership with VeriChains
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- Kula is preparing for ICO
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- Ongoing conversations with Tier 1 Exchanges
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What Is
Kula connects global investors with a diverse array of real-world assets through the power of blockchain. Kula is reshaping the narrative of mining natural resources by profit sharing and providing governance to its local communities.
Kula signifies a shift in investment culture. Operating as an impact investment vehicle, it is deep rooted in the principles of visible, secure, and equitable asset management.
Participatory
KulaDAO will provide an immutable consensus framework for decision making in asset development. This reframes the current structure of developing projects where processes are often opaque and provenance can be obscured.
All stakeholders, from grassroots community members and retail investors to trans-national corporations and national government entities, will have opportunity within the Kula DAO ecosystem to equitably collaborate within the boundaries established by the smart contract protocols.
Web 2.5
Kula combines the best of Web2 and Web3, operating a DAO that is neither completely decentralised nor autonomous.
Token holders can participate in decision-making and proposals knowing that executed decisions are made in line with Kula's values and constitution.
Win-Win-Win
KulaDAO will work to correcting the misalignment of interests to create shared value by ensuring all stakeholders benefit from their engagement with the management and development of their particular asset.
Kula will not replace existing global markets but provide an alternative possibility using blockchain technology to equitably rebalance capital flows. Kula, and all who invest in or utilize the ecosystem, will benefit from this process.
Kula originated from a dream propelled by the conviction that blockchain's potential could instigate a ground-breaking shift towards a more equitable distribution of wealth and prosperity in developing contexts.
In January 2024, Kula was invited to The Forum Interviews held by Acumen who year by year collate leading CEOs from around the world to discuss some of the world's most significant global challenges.
SIGNED CONTRACTS AND MOUS
At the heart of Kula's transformative vision lies a robust portfolio of signed contracts and Memoranda of Understanding (MOUs) that serve as the bedrock for our impactful projects across the globe. Each agreement, signed with partners who share our ethos, not only amplifies our commitment to sustainable and equitable growth but also solidifies our position as pioneers in bridging real-world assets with the transparency and efficiency of blockchain technology. These strategic alliances, underpinned by mutual trust and shared goals, mark significant milestones in our journey towards creating a more inclusive and prosperous future for communities worldwide.
Bekazulu Mining Ltd
A Memorandum of understanding has been upgraded to a signed contract with Bekazulu Mining LTD. This secures a 14% equity stake in a limestone concession in the Eastern Province of Zambia.
This contract, along with the feasibility report, exploration report and samples, have been added to OpenSea as an NFT for transparency.
“We are delighted to have KulaDAO as an investment and development partner. KulaDAO fully share our vision for growing a strong business that creates evidence-based value for shareholders and stakeholders alike. KulaDAO’s insistence on integrity and transparency aligns with our operating values”
Robert Mtonga
CEO, Bekazulu Mining LTD
SIGNED MOUS
Five Memorandum of understanding agreements have been signed between Kula and its clients that plan to onboard as a RegionalDAO. Kula is currently working with these clients to confirm the terms and conditions for joining Kula’s ecosystem.
GTD Mining Ltd Zambia
A Memorandum of understanding has been signed between Kula and GTD Mining Ltd. This MOU relates to an emerald concession in Zambia that plans to onboard with Kula as a RegionalDAO.
The MOU has been added to OpenSea as an NFT for transparency.
GTD Mining Ltd & Aurodragon PTE Ltd
Two MOUs have been signed with Gold Concessions in Zambia and Indonesia. One MOU has been signed with GTD Mining Ltd and another with Aurodragon PTE Ltd.
Both MOUs have been added to OpenSea as an NFT for transparency.
GTD Mining Ltd
An MOU has been signed with an agricultural project with GTD Mining Ltd.
The MOU has been added to OpenSea as an NFT for transparency.
MILESTONES
3
Number of Signed Contracts
5
Number of Signed MOUs
12
Number of Partnerships
$9M
Seed funding & capital raise
ROADMAP
Q1 2023
KulaDAO Setup Continues
Proof Of Concept (successful test of partner technology - hit water in Zambia)
Setup of 1st Regional Investment in Zambia (RegionalDAO)
Project Fundraising
Q2 2023
Development Of Governance Protocol (inc. weekly guild meetings)
Development of Smart Contract
Growth Of Community & Social Media Footprint
Marketing Team Expansion (onboarding of a professional marketing company)
Core & Wider Team expansion
Regional DAO 1 Raise (Target: $600,000)
Team flies out to Zambia to record footage from 1st Regional Investment
Commissioning of water well that was used as proof of concept in Q1
Project Fundraising Continues
Q3 2023
RegionalDAO 2 Setup
Continued growth of KulaDAO Community
Release of Footage from 1st Regional Investment (Zambia, Limestone)
Release of Whitepaper Animation video
Launch of New Website
Partner Expansion
Q4 2023
RegionalDAO 3 Setup
10,000 Community Members Across Social Media Platforms
Update Of Whitepaper
Completion Of Smart Contract Code
Release Of KulaDAO constitution
Q1 2024
The Forum Interviews
Smart Contract Audit
RegionalDAO 2 Raise
RegionalDAO 3 Setup
New Website Design
Marketing Launch Plan
Pre-Approval Regulation with VARA
Q2 2024
KulaDAO Release Profit Distribution from RegionalDAO 3
KulaDAO begins to expand into other vertical markets
ICO
CEX listing
Regulatory Clearance
First Guild Token Distribution
KulaDAO begins to realize Profit from RegionalDAO 1
Q3 2024
FAQs
Kula is an impact investment firm that aligns the interests of different people groups to create shared value using blockchain technology. Investing in Kula’s token predisposes you to a diverse portfolio of real-world assets and the ability to participate in decision making through governance. Kula also protects its project’s local communities by allowing them to partake in profit sharing and proposals.
Currently, Kula is in a private sale and therefore only available to accredited investors due to SEC Regulation-D. When Kula has its ICO, you will be able to invest in Kula by buying its token through a cryptographic exchange (CEX).
Kula is not a custodian of your investment, and so, as long as your exchange allows, you can withdraw your investment at any time.
Kula is working with regulators to ensure we are fully compliant with the respective jurisdictions we operate in. As with any investment, we recommend you seek financial advice before proceeding.
You are able to do this by navigating to our contact us page, or by emailing us on hello@kuladao.io
Kula has no taxes when its token is bought or sold. Please note, we cannot comment on the fees charged by exchanges, the medium by which Kula’s tokens are purchased.
Whilst we are in our Pre-ICO stage, you can join the conversation and Kula community through its social media channels. Once ICO has commenced, token holders can also participate in proposals and decision making using Kula’s very own governance application.
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