FOR IMMEDIATE RELEASE

Strategic Developments and Expansion Plans Unveiled by DeSo Shopping

ADELAIDE AUSTRALIA - 11TH NOVEMBER 2023

In a strategic step aimed at simplifying fund allocation, 47,000 additional coins have been minted, effectively doubling our supply. These have been divided between the project's founders, @SeanSlater and @Slava. This initiative is designed to eliminate complexities surrounding the '50% for us, 50% for the DAO' paradigm.

Emphasizing our commitment to transparency and community ownership, all funds and future endeavours are now dedicated to our DAO token holders. The dynamic balances on the DAO website provides real-time financial updates.

Despite a relatively quiet period on DeSo this year, anticipation is high as we gear up for a series of initiatives to close out the current year and propel us into the next.

As part of our strategic growth plan, we are gradually expanding our RealT property portfolio using our AUD bank balance, spreading investments across different properties to mitigate risks associated with renovations or rental turnovers, ensuring a secure and on-chain asset structure providing ongoing returns.

In a proactive move, we converted most of our dUSD balance to purchase 55 DeSo coins at market value last week. This deliberate decision is aligned with the project's vision to capitalize on potential price increases within the DeSo ecosystem.

An updated DAO website now showcases our portfolio value alongside the balances, offering token holders or interested parties a comprehensive overview of our financial standing at dao.deso.shopping.

For further inquiries, please contact:
Sean Slater
sean@deso.shopping

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Starting automatic distribution of $47.7 (3.507607467 DeSo) across our 68 DAO members.

👉 For more information visit dao.deso.shopping

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