- Blocksquare has launched its third DAO funding pool, allowing $BST holders to invest in the world’s first tokenized tequila distillery, Rancho Altos.
- Rancho Altos combines tequila production with sustainable real estate development in Jalisco, Mexico.
Blocksquare has launched its third DAO funding pool, offering investors a unique opportunity to participate in the world’s first tokenized tequila distillery through the Rancho Altos project. The launch comes after Blocksquare’s previous Oceanpoint campaigns were sold out quickly, highlighting the interest of investors in new real estate investment solutions.
Rancho Altos Offers Tokenized Tequila Distillery Investment
Rancho Altos is located in Jalisco, Mexico, where it runs a tequila distillery alongside a sustainable real estate business. This project, open to $BST token holders, provides retail investors with an opportunity to participate in an industry that has been largely closed to them. It is not only an investment in tequila but also in a real estate development that will comprise luxury villas, a wellness center, a fine dining restaurant, and an eco-tourism project. The estate covers 82 hectares, giving it a big role in the $11.7 billion tequila market, estimated to reach $18.6 billion by 2032.
Due to the adoption of blockchain and tokenization, Blocksquare and Rancho Altos are now providing opportunities for retail investors in both tequila and real estate. According to Denis Petrovcic, the CEO of Blocksquare, this project shows how cultural assets can be combined with sustainable principles.
The successful funding of the Rancho Altos campaign will help in the construction of the distillery and the expansion of the estate. It will also allow the development of the marketplace for tokenized assets belonging to Rancho Altos to facilitate trading and management of stakes in the project by investors.
Rancho Altos Aims to Preserve Heritage and Embrace Sustainability
The Blocksquare DAO community is directly engaged in this effort, voting and staking their governance tokens for the Rancho Altos marketplace pool. If this project gains 100,000 sBST tokens as the funding goal, Rancho Altos will be listed on Blocksquare’s SaaS solutions for free. This entails access to a white-label marketplace platform to allow Rancho Altos to create its marketplace and introduce the tequila distillery.
To participate, investors must acquire and stake $BST tokens in Oceanpoint’s Governance pool, receive sBST tokens, and then pledge these tokens to the Rancho Altos marketplace pool. The campaign, which started on August 28, enables investors to monitor the progress of the project and participate in its development by voting and supporting it.
Marcos Galindo, Founder of Rancho Altos, expressed the project’s ambition to create a legacy in both the tequila industry and sustainable real estate development. “Rancho Altos vision intertwines heritage, innovation, and sustainability in a way the tequila industry has never seen,” Galindo stated.
The project intends to preserve the age-long tequila production process and at the same time embrace environmental sustainability as the world looks up to Rancho Altos. With the support of forward-thinking partners like Blocksquare, Rancho Altos is poised to redefine possibilities in the tequila industry and sustainable real estate development.
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