In episode 54 of Hashing It Out, Micah Yeackley, the co-founder of Kula DAO, discusses how tokenizing traditional illiquid assets opens up investment opportunities to a broader audience.podcast, host Elisha Owusu Akyaw interviews Micah Yeackley, co-founder of Kula DAO — a project tokenizing a diverse collection of real-world assets on the blockchain — about the prospects of the sector in the Web3 space and what it means for developing markets.
Yeackley explains that tokenizing real-world assets can span across multiple asset types beyond what most people expect. He highlights that even though Kula started out by focusing on natural resources, the project quickly realized that anything with real-world value could be tokenized, including water resources, agricultural projects and real estate developments.
“Well, when you talk to any savvy investor, anybody that’s investing money for a long time, they’re experienced at it. They’re always going to say diversification is key." The Double-DAO includes a “RegionalDAO,” where local communities affected by the assets can actively participate in decision-making.