What is NEDAO?
Neural Earth DAO and its token $NED exist to develop properties and blockchain based infrastructure to support individuals living or traveling in mobile housing units such as RVs, Cars, Vans, Busses etc.
NEDAO is a property development DAO that will provide applications for reservations and the development of safe places to stay, pit stop at, or rest while living on wheels.
$NED has been issued on the XRPL which has integral relationships with global partners and is shaping up to be one of the only regulatory compliant ledgers in the world.
$NED and NEDAO will cater to the rapidly growing population of mobile and transitory individuals who are finding it easier and more economical to dwell in vehicles, mobile homes and RVs or Trailers.
The reason NEDAO issued its own token is to ensure that the project can maintain its own ecosystem and initial fundraising efforts. It is much harder to raise funds or develop an ecosystem for a project using another projects tokens or coins. $NED will function as a reservation currency to be exchanged for space and spots within the Neural Earth network.