I'm excited to release my proposal for one of the first mover Network States in America.
I figured might as well do it on X.
Introducing..
Equity Backed Citizenships.
Real Equity, Real Ownership in the State.
& A path to the first public company acquisition in Web3.
▪️RT + Like and you'll be notified first when a spot is available 🤝
Theopetra Proposal #2
For the new users, what are we building?
A Network State.
A state where no one owns the financial system & the citizens OWN all of the land & real estate collectively.
Where are we at this moment in time?
Currently, the Network State market size is roughly estimated to be between 20-35 million in market cap total—a very tiny niche in its current existence. I suspect that this market size will eventually match that of the existing crypto markets.
Theopetra's final pre-list unlock just happened this week. No more cliffs. This could not have come at a better time: just before the Bitcoin halving and at the earliest stages of the Network State Narrative.
Most users in the crypto space are gambling on digital-only coins and aren’t leveraging the once-in-a-lifetime opportunity that Web3 presents to organize in the physical world—a generational mistake across every domain possible.
Purpose Of The Proposal
The purpose is to collectively decide our next action steps. Do we want the network state to go for a raise to buy a property or do we want to take another direction before doing that?
I’ll highlight 3 options at a high level and then I’ll dive into each one. Each one also has its pros and cons, lets go over them all.
Option #1 – Italian Hotel
Estimated yearly THEO burn: ~9,615,384/Year at current prices
Estimated THEO mint: ~153,846,153
0.2 ETH gets you 0.2 ETH worth of THEO + 2 free nights
Option #2 – Caribbean Island
Estimated yearly THEO burn: ~ 38,461,538
Estimated THEO mint: ~384,615,384
0.2 ETH gets you .2 ETH worth of THEO + 2 free nights
Option #3 – Equity Backed Citizenships
Estimated Year THEO burn: ~23,076,765 at current prices
THEO mint: 0
Stage #1:
▪️$3000 Home Voucher
▪️Real Equity & Ownership
▪️World Record Attempt
▪️D Point System
▪️Open Theopetra Growth Markets
Stage #2:
▪️ The First Web3 Public Company Acquisition
Pros and Cons of Options #1 and #2:
Benefits:
New Users & Marketing. This creates a revolving door where hundreds of potential new members are introduced to the THEO ecosystem every year. We’d also be one of the first projects to own such a beautiful asset. It also creates a no brainer incentive to mint if you plan on staying there anyway.
Challenges:
Management Challenges. These types of assets in other countries will present management challenges. Theopetra would need an employee there all the time. Language barrier/ quality assurance here is an issue.
Due Diligence Challenges. There is also due diligence that would need to happen on taxes, strategy, custody, etc. It may take quite a bit of time to figure out all of those items.
Alignment? We also start losing a bit of alignment with doubling down on American infrastructure thesis. Alignment with America also seems to be the most ideal option.
Capital Requirements: The last issue is the mint size needed at this stage and the heavy amounts of capital needed. This would take millions, a hefty attempt by a niche community in a very niche market segment. If Theopetra misses the mint, the users would still keep their $THEO, however the funds would get transferred to the standard growth markets and buy American affordable housing. This may leave quite a bit of new users with a subpar experience if they were expecting free night stays.
All in all, exotic properties are fantastic, but they should be done with size. In my eyes, a community size like Bored Apes will be needed.
This leads to Option #3, My proposal..
Option #3: Equity Backed Citizenships..
👇
HUGE ALPHA!
- @TheopetraLabs is going to be featured in @forbes!
- They're working to home 10m Americans.
- Own tens of millions of properties.
What do you think a project that owns 10m+ properties will be worth??
Property purchasing starts very soon.
It can't be clearer.
$THEO is literally working towards owning 10million homes, utilising one of the most based #DeFi mechanisms ever made, in an incredible real world use case.
And MF’s are selling at $1m Mcap?
@TheopetraLabs is a $1bn project.
1000x from here.
Wut?
No words.
The $RIO road map is a game changer:
-Realioverse
-Future exchange listings
-New wallet
-Land sale
-Huge token burn, imminent supply shock
-Partnerships
-Tokenizing real estate asset
- Crypto projects building on chain
-Landbank
The tokenomics of $RIO are unparalleled:
- No ICO
- No presales
- No team pre-mine allocation.
With fair launch, SEC compliance, and $100M in AUM, this project is set to impress, BIG.
@realio_network is now at under $10 million mcap but in the future $500million -$1billion.
We're creating a multichain ecosystem because we envision a decentralized future inclusive of all chains. With unique user bases & utility functions on each chain, a multichain approach provides easy access and seamless interoperability across the entire ecosystem.
#DeFi