Majuro, Marsall Island, April 17th, 2024, Chainwire
OSEAN DAO is advancing rapidly: With company registration on the horizon, the organization is preparing to acquire its first boat and has announced a 5 million $OSEAN commemorative airdrop scheduled for May.
The project has attracted a diverse team of skilled professionals and achieved significant milestones in a short time.
Having reached a $2 million market cap last month, OSEAN DAO has now successfully gathered half of the funds needed for its first boat, setting the stage for the forthcoming milestone of company registration.
Pioneering the fusion of yachting and cryptocurrency
Founded by a professional yachting team, OSEAN DAO is pioneering the integration of the yachting industry—valued at over $9.38 billion in 2023—with the cryptocurrency sector, representing the first Real World Asset (RWA) bridge of its kind.
Leveraging the extensive experience of its founders who currently manage a successful yachting charter and training business, the team has crafted a detailed business plan that spans from boat management to cryptocurrency marketing.
As the completion of the company registration approaches, the project is moving closer to acquiring its first boat and achieving its goal of generating potential revenue through a variety of maritime activities for the DAO.
“With the BTC halving approaching and our ongoing marketing efforts, it’s just a matter of time before we secure the remaining funds to buy our first asset. Once sailing in the Mediterranean Sea bearing the OSEAN DAO brand, it’ll prove our concept and be a major turning point for the project, our DAO members and our holders.” said Christos TSAFAROGLOU, Founder of OSEAN DAO
Company registration sets stage for industry entry
Expected to be completed by the end of the month, the company registration is a critical advancement for OSEAN DAO. By formally establishing the entity and identifying key management members, this registration ensures accountability and transparency, addressing common concerns within the cryptocurrency ecosystem about the risks of scams by anonymous entities.
The registration will enable the company to function as a legal entity that represents the DAO, allowing access to credit accounts, contract-making capabilities, and other…