RAK DAO (Ras Al Khaimah Digital Assets Oasis) is a government-supported free zone in the United Arab Emirates, launched in 2023. It is the world's first and only free zone exclusively dedicated to digital and virtual asset companies. The initiative is designed to create a vibrant ecosystem for Web3, blockchain, AI, and other emerging technologies, positioning Ras Al Khaimah as a global hub for innovation.
RAK DAO provides a comprehensive suite of services and infrastructure to support the growth of digital asset companies. This includes a robust and transparent legal framework, a variety of licensing options (including for freelancers and digital nomads), and access to a network of partners, VCs, and academic institutions. The free zone offers a range of facilities, from co-working spaces to dedicated offices, and provides professional services to assist with everything from company setup to ongoing operations.
The Hedera Foundation, which fuels the growth of the Hedera ecosystem, is a key partner of RAK DAO. This strategic alliance provides RAK DAO members with direct access to the Hedera network, including grant programs and technical support.
Project Information
Related Projects
Tune.FM is a decentralized music streaming platform and NFT marketplace built on the Hedera network. It’s designed to upend and modernize the music industry's traditional compensation model. Its core mission is to enable transparent, secure, and instant artist payments while fostering direct connections with fan communities.
The Tune.FM platform is built on the Hedera blockchain network and utilizes the Hedera Token Service (HTS) for its native JAM token ($JAM), which relies on embedded Hedera features to facilitate real-time micropayments for artists, who are compensated for every second their music is streamed.
Tune.FM’s "play-to-earn" model features high speed processing with comparatively low fees, thus potentially allowing artists to retain a significantly greater portion of their earnings when compared to traditional streaming platforms.
Beyond streaming, Tune.FM features an integrated NFT marketplace where artists can mint and sell digital music collectibles including songs, albums, artwork, and exclusive fan experiences such as backstage passes via JAM tokens. For listeners, Tune.FM offers a platform for new music discovery, direct artist interactions and support, and a way to earn JAM tokens through fan engagement.
Red Swan Digital Real Estate is a commercial real estate tokenization platform. It specializes in converting property ownership into digital assets. This process creates increased liquidity in the traditionally illiquid real estate market and makes investments more accessible through fractional ownership via the Hedera blockchain.
The company operates a the RedSwan CRE Marketplace, which hosts over $10 billion in commercial real estate deals. It offers a secure, straightforward, and transparent way to invest in real estate where investors can buy and sell tokenized shares of various commercial property types, including apartments, offices, retail spaces, and industrial buildings.
Red Swan offers investment services to accredited investors, qualified purchasers, and institutional investors. For property owners, it offers services to raise capital and enhance liquidity by tokenizing their assets.
The company emphasizes compliance with US securities regulations and offers compliance services. It operates as an SEC Registered Investment Advisor with its affiliate RedSwan Markets LLC, a FINRA/SIPC registered broker-dealer. Togethery, they offer various investment funds, including those focused on specific regions or asset types, such as affordable housing and eco-tourism.
Through its tokenized CRE offerings, Red Swan seeks to lower investment minimums, increase accessibility, and broaden international access to commercial real estate opportunities.
Coming soon..
The Managed Guardian Service (MGS) is a SaaS platform built on the open source Hedera Guardian, designed to simplify the creation, management, and verification of digital emissions and carbon offset tokens. It leverages Hedera’s public ledger to ensure that each digital environmental asset, from carbon credits to Renewable Energy Certificate is auditable, traceable, and reproducible, reducing fraud and enhancing sustainability market integrity.
MGS builds on the Guardian’s Policy Workflow Engine and W3C-backed Web3 integrations, offering flexible onboarding (UI and API), real time indexing, analytics, and full lifecycle oversight for tokenised environmental assets. Operated by Envision Blockchain and supported by the Hedera Foundation and Swirlds Labs, MGS enables organisations to streamline carbon accounting, uphold transparent methodologies, and scale climate solutions securely on Hedera’s fast, low energy network.