Takadao (TAKA)

Takadao is a technology company that revolutionizes the insurance industry by leveraging blockchain technology and Decentralized Autonomous Organizations (DAOs) to create mutual protection communities as alternatives to traditional insurance companies.

Seed Round: $3.1M

Whitepaper

Onepager

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What is Takadao

Takadao builds the technology to power mutual protection DAOs (tDAOs) that enable communities to form around a variety of risks, and for members to insure one another without an insurance company.

The first tDAO that will be powered by the Takadao technology is The LifeDAO, a life insurance alternative targeted to Muslims globally who are underinsured due to a lack of shariah-compliant options. Future planned tDAOs include The HomeDAO, The MedicalDAO, The TravelDAO and others.

While Takadao technology powers all the tDAOs, each tDAO runs on different assumptions and operational metrics and the smart contracts are independent and don’t interact with one another. Nonetheless, each tDAO fundamentally belongs to a greater ecosystem and the TAKA token is the glue that connects the tDAO ecosystem together.