{"id":18531,"date":"2024-04-16T15:42:09","date_gmt":"2024-04-16T15:42:09","guid":{"rendered":"https:\/\/blackpearlbitcoin.com\/?p=18531"},"modified":"2024-04-16T15:42:09","modified_gmt":"2024-04-16T15:42:09","slug":"condo-unveils-worlds-first-rwa-meme-token-on-base-chain-to-democratize-rwa-investing","status":"publish","type":"post","link":"https:\/\/blackpearlbitcoin.com\/condo-unveils-worlds-first-rwa-meme-token-on-base-chain-to-democratize-rwa-investing\/","title":{"rendered":"Condo Unveils World\u2019s First RWA Meme Token on Base Chain to Democratize RWA Investing"},"content":{"rendered":"<p><strong>April 16, 2024<\/strong>\u00a0\u2013\u00a0<a href=\"http:\/\/www.condobase.xyz\/\" target=\"_blank\" rel=\"noreferrer noopener\">Condo<\/a>, the world\u2019s first meme token backed by real-world asset (RWA) investments, has launched on the Base chain. This innovative project marks a significant shift in the meme token landscape, integrating tangible assets into the equation.<\/p>\n<p>Condo goes beyond the typical meme token focus on social media buzz. Besides, it offers a unique value proposition: a community-driven treasury that actively invests in real-world assets. Inspired by Nathan Allman, the visionary founder of Ondo Finance and the groundbreaking Ondo-Blackrock partnership, Condo positions Nathan as the official ginger mascot of crypto, symbolizing industry innovation.<\/p>\n<p>A nominal 3% transaction tax (on both purchases and sales) fuels Condo\u2019s treasury, which has already amassed $105,000 within just 11 days of launch. These funds will be strategically invested in leading RWA products like the Ondo US Dollar Yield Token (USDY) and lending pools offered by Maple Finance. This approach fosters the advancement of innovative RWA projects. In addition, it generates passive income for the Condo treasury.<\/p>\n<p>This unique treasury strategy positions Condo\u00a0DAO\u00a0to actively invest in DeFi and real-world asset protocols. Thus, it leverages their existing infrastructure to create a new vision for modern capital markets on the blockchain.<\/p>\n<p><em>\u201c<a href=\"http:\/\/www.condobase.xyz\/\" target=\"_blank\" rel=\"noreferrer noopener\">Condo<\/a>\u00a0represents the evolution of meme tokens into a powerful force driving real-world asset investments,\u201d<\/em>\u00a0stated the Condo founder.\u00a0<em>\u201cOur innovative treasury strategy aims to revolutionize the meme token landscape and make meaningful contributions to the future of finance.\u201d<\/em><\/p>\n<p>Unlike traditional\u00a0meme tokens\u00a0reliant on speculative trading, Condo\u2019s treasury prioritizes investments in real-world assets. Thus ensuring long-term growth and stability. This proactive approach strengthens the token\u2019s intrinsic value while fostering the development of innovative RWA projects, ultimately driving long-term sustainability and community prosperity.<\/p>\n<p>Condo acts as an incubator, nurturing the development and expansion of pioneering RWA projects. The treasury\u2019s investments will fuel its growth, with aspirations to reach tens of millions of dollars and establish strategic partnerships with leading RWA projects.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Tokenomics<\/strong>:<\/h2>\n<p>\u2013\u00a0<strong>Blockchain<\/strong>: Base<br \/>\n\u2013\u00a0<strong>Total Supply<\/strong>: 10 billion Condo Tokens<br \/>\n\u2013\u00a0<strong>Distribution<\/strong>:<\/p>\n<p>\u2013 90% Circulating Supply<br \/>\n\u2013 5% Airdrop for RWA community projects<br \/>\n\u2013 2% CEX Listings<br \/>\n\u2013 2% Marketing Wallet<br \/>\n\u2013 1% Development<br \/>\n\u2013 0% Team Tokens<\/p>\n<h3 class=\"wp-block-heading\"><strong>A Seasoned Team for Future Success<\/strong><\/h3>\n<p>Condo\u2019s experienced team is dedicated to building a suite of products inspired by the Condo community\u2019s collective vision. The team comprises seasoned professionals with expertise in RWA fund management, early adoption and liquidity provision in the RWA space, development of leading RWA projects and meme tokens, graphic design, marketing (including a key player in the early success of Floki and Luna), and legal compliance.<\/p>\n<h3 class=\"wp-block-heading\"><strong>The Base Chain Advantage<\/strong><\/h3>\n<p><em>\u201cCondo strategically selected the Base chain due to its mission to onboard millions of users to web3 with economical transaction fees (below a penny),\u201d<\/em>\u00a0the Condo founder added.\u00a0<em>\u201cThis cost-effective approach aligns perfectly with Condo\u2019s goal of democratizing access to RWA investments.\u201d<\/em><\/p>\n<p>Condo is currently available for purchase on Uniswap on the Base chain.<\/p>\n<h4 class=\"wp-block-heading\"><strong>Join the Condo Community<\/strong><\/h4>\n<p>For more information and to join the Condo community, visit\u00a0<a href=\"http:\/\/www.condobase.xyz\/\" target=\"_blank\" rel=\"noreferrer noopener\">www.condobase.xyz<\/a>.<\/p>\n<p>Stay updated on the latest developments and connect with the vibrant Condo community by following them on Twitter (<a href=\"https:\/\/x.com\/Condo_Base?t=pDe6ikBbmBG1q4lVTt1Ckw&amp;s=09\">@Condo_Base<\/a>) or Telegram (<a href=\"https:\/\/t.me\/Condo_Official\">https:\/\/t.me\/Condo_Official<\/a>).<\/p>\n<h4 class=\"wp-block-heading\"><strong>Media Contact<\/strong><\/h4>\n<p><strong>Contact Person<\/strong>\u00a0\u2013 Meka Hero<\/p>\n<p><strong>Email<\/strong>\u00a0\u2013\u00a0<a href=\"mailto:MediaRelations@Condobase.xyz\" target=\"_blank\" rel=\"noreferrer noopener\">MediaRelations@Condobase.xyz<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>April 16, 2024\u00a0\u2013\u00a0Condo, the world\u2019s first meme token backed by real-world asset (RWA) investments, has launched on the Base chain. This innovative project marks a significant shift in the meme&hellip;<\/p>\n","protected":false},"author":1,"featured_media":18532,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15955],"tags":[16027],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Condo Unveils World\u2019s First RWA Meme Token on Base Chain to Democratize RWA Investing - Black Pearl Bitcoin<\/title>\n<meta name=\"description\" content=\"April 16, 2024\u00a0\u2013\u00a0Condo, the world\u2019s first meme token backed by real-world asset (RWA) investments, has launched on the Base chain. This innovative project\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinculb.com\/condo-unveils-worlds-first-rwa-meme-token-on-base-chain-to-democratize-rwa-investing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Condo Unveils World\u2019s First RWA Meme Token on Base Chain to Democratize RWA Investing - Black Pearl Bitcoin\" \/>\n<meta property=\"og:description\" content=\"April 16, 2024\u00a0\u2013\u00a0Condo, the world\u2019s first meme token backed by real-world asset (RWA) investments, has launched on the Base chain. This innovative project\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinculb.com\/condo-unveils-worlds-first-rwa-meme-token-on-base-chain-to-democratize-rwa-investing\/\" \/>\n<meta property=\"og:site_name\" content=\"Black Pearl Bitcoin\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-16T15:42:09+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/blackpearlbitcoin.com\/wp-content\/uploads\/2024\/04\/CondoBanner-1.webp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Radhe\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/blackpearlbitcoin.com\/#organization\",\"name\":\"Black Pearl Bitcoin\",\"url\":\"https:\/\/blackpearlbitcoin.com\/\",\"sameAs\":[],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/blackpearlbitcoin.com\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/blackpearlbitcoin.com\/wp-content\/uploads\/2022\/01\/blackpearlbitcoin.png\",\"contentUrl\":\"https:\/\/blackpearlbitcoin.com\/wp-content\/uploads\/2022\/01\/blackpearlbitcoin.png\",\"width\":200,\"height\":40,\"caption\":\"Black Pearl Bitcoin\"},\"image\":{\"@id\":\"https:\/\/blackpearlbitcoin.com\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/blackpearlbitcoin.com\/#website\",\"url\":\"https:\/\/blackpearlbitcoin.com\/\",\"name\":\"Black Pearl Bitcoin\",\"description\":\"compelete Analysis on the Cryptocurrency Market\",\"publisher\":{\"@id\":\"https:\/\/blackpearlbitcoin.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/blackpearlbitcoin.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/coinculb.com\/condo-unveils-worlds-first-rwa-meme-token-on-base-chain-to-democratize-rwa-investing\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/blackpearlbitcoin.com\/wp-content\/uploads\/2024\/04\/CondoBanner-1.webp\",\"contentUrl\":\"https:\/\/blackpearlbitcoin.com\/wp-content\/uploads\/2024\/04\/CondoBanner-1.webp\",\"width\":1920,\"height\":1080,\"caption\":\"Condo\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinculb.com\/condo-unveils-worlds-first-rwa-meme-token-on-base-chain-to-democratize-rwa-investing\/#webpage\",\"url\":\"https:\/\/coinculb.com\/condo-unveils-worlds-first-rwa-meme-token-on-base-chain-to-democratize-rwa-investing\/\",\"name\":\"Condo Unveils World\\u2019s First RWA Meme Token on Base Chain to Democratize RWA Investing - Black Pearl Bitcoin\",\"isPartOf\":{\"@id\":\"https:\/\/blackpearlbitcoin.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/coinculb.com\/condo-unveils-worlds-first-rwa-meme-token-on-base-chain-to-democratize-rwa-investing\/#primaryimage\"},\"datePublished\":\"2024-04-16T15:42:09+00:00\",\"dateModified\":\"2024-04-16T15:42:09+00:00\",\"description\":\"April 16, 2024\\u00a0\\u2013\\u00a0Condo, the world\\u2019s first meme token backed by real-world asset (RWA) investments, has launched on the Base chain. 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