Realproton Inc.
Real Estate, On-Chain.
Realproton Inc. is a US real estate holding company whose corporate equity is tokenized as RP Tokens. It is the first enterprise customer of USDAO Protocol and the reason USDAO exists.
US real estate, tokenized.
Realproton Inc. owns a diversified portfolio of US residential and commercial properties. Instead of tokenizing individual properties, Realproton tokenizes the entire corporate entity as RP Tokens. Those tokens represent equity interests in the whole portfolio.
From time to time, Realproton's board may authorize corporate actions that are represented using USDAO, grounded in underlying asset value and verified portfolio performance data. USDAO used in that context remains a custodian-backed payment token. Redemption is subject to issuer terms and applicable law.
Two different instruments.
What if Realproton has problems?
Lower mint volume
Reduced volume of USDAO minted. All existing USDAO remains supported by independent reserves.
No minting for a period
Zero USDAO minted for the period. Existing tokens in circulation remain backed by custodian cash.
Corporate Bankruptcy
Impacts RP Token equity only. USDAO reserves are held by a licensed custodian for the benefit of token holders.