The RWA platform Kula has officially launched its governance token KULA

ChainCatcher news, according to Cointelegraph, the RWA platform Kula officially launched its governance token KULA on April 15, 2025, and it is now available for trading on MEXC, Coins.xyz, and Coins.ph (KYC completion required). Its core mechanisms and ecological progress are as follows:

1. Token Functionality

• KULA abandons traditional revenue models, with no staking, liquidity mining, or delegation mechanisms; 1 token = 1 vote, allowing holders to directly participate in on-chain governance and decide the allocation of funds for real assets;
• Governance decisions are fully transparent and executed through smart contracts, covering areas including agricultural land in Zambia, hydropower in Nepal, and minerals in Malaysia, which are asset classes not reached by traditional finance.

1. Real Asset Layout

• Currently, regenerative agriculture, small energy, and mineral governance projects have been launched in Zambia, Nepal, and other locations through the RegionalDAO network, with a total underlying asset value exceeding $40 million;
• DAO projects in regions such as Poland, India, Indonesia, and Ghana are about to be advanced, and voting rights for funding proposals will be fully opened to token holders.

1. Compliance Framework Design

• A Web2.5 hybrid model is adopted: on-chain execution relies on smart contracts, while off-chain operations through entities in the Cayman Islands and Mauritius, Singapore ensure legal enforceability;
• In the early stages, $17 million in funding has been secured to build governance toolchains and compliance infrastructure.

Kula co-founder Samuel Chen emphasized, "KULA is not a speculative tool, but a governance medium that truly allows the community to control its land, energy, and asset values." Currently, its treasury proposal system has entered the launch phase, and the on-chain governance process can be tracked in real-time through smart contracts.