The LifeDAO Whitepaper
A sneak peek into The LifeDAO's game-changing, blockchain-powered, shariah-compliant protection model
Last updated
A sneak peek into The LifeDAO's game-changing, blockchain-powered, shariah-compliant protection model
Last updated
The LifeDAO (TLD) whitepaper breaks down everything you need to know about this innovative, community-driven approach to life insurance. Inspired by Takaful and powered by blockchain, The LifeDAO lets members pool resources to protect one another, all while staying Shariah-compliant. It’s a fresh take on insurance that moves away from profit-driven models to a system where everyone looks out for each other.
This whitepaper dives into the details, covering how The LifeDAO operates, from its tech stack built on the Takadao protocol to the unique membership benefits. You'll learn how the DAO structure empowers members with governance rights, allowing them to vote on key decisions. Plus, it outlines the benefits payout process, how surplus funds are distributed, and the role of the TAKA token within the ecosystem.
With its focus on transparency, fairness, and community ownership, The LifeDAO is set to change the game for life insurance, making it accessible and ethical for everyone.
