A real estate investment trust (REIT) is a company that owns, operates, or finances income-generating real estate. Modeled after mutual funds, REITs pool the capital of numerous investors. This makes it possible for individual investors to earn dividends from real estate investments—without having to buy, manage, or finance any properties themselves.
Cloudies has been established as a DLTT, known as a digital land trust token. The tokens smart contract has been coded so a percentage of all resales, mint sales and activity in the contract is deposited in the community treasury. As outlined in the bylaws, the only directive for the treasury is to invest in the Metaverse and generate revenue for token holder dividends.