According to ChainCatcher and Cointelegraph, the RWA platform Kula officially launched its governance token KULA on April 15, 2025, and is now available for trading on MEXC, Coins.xyz, and Coins.ph (KYC required). Its core mechanism and ecosystem progress are as follows:
Token Function Positioning
- KULA abandons traditional revenue models, without staking, liquidity mining, or delegation mechanisms. 1 token = 1 voting right, allowing token holders to directly participate in on-chain governance and decide on real-world asset fund allocation;
- Governance decisions are fully transparent, executed through smart contracts, covering areas such as Zambian farmland, Nepalese hydropower, and Malaysian mineral resources that traditional finance has not reached.
Real-World Asset Layout
- Currently, through the RegionalDAO network, regenerative agriculture, small-scale energy, and mineral governance projects have been launched in Zambia, Nepal, and other regions, with underlying asset values exceeding $40 million;
- DAO projects in Poland, India, Indonesia, and Ghana are about to be advanced, with funding proposal voting rights fully open to token holders.
Compliance Architecture Design
- Adopting a Web2.5 hybrid model: On-chain reliance on smart contract execution, with off-chain legal enforceability ensured through Cayman Islands entities and operational entities in Mauritius and Singapore;
- Previously raised $17 million in funding to build governance tool chains and compliance infrastructure.
Kula co-founder Samuel Chen emphasized: "KULA is not a speculative tool, but a governance medium that allows communities to truly control their land, energy, and asset values." Currently, its treasury proposal system has entered the launch phase, with on-chain governance progress traceable in real-time through smart contracts.
