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Kula's historic step: former prime minister joins the team!

Only 3 Days to Go | KULA Makes Web3 History with Former Prime Minister πŸš€

By

Fatima Zahra

Apr 14, 2025, 12:20 AM

Edited By

Laura Cheng

2 minutes of reading

Former Prime Minister Tamrat Layne Admassu joins KULA, signaling a transformative era in decentralized governance and cryptocurrency investments.
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With only three days until its official launch, KULA has made headlines in the crypto world by hiring former Ethiopian Prime Minister, Tamrat Layne Admassu. This marks a groundbreaking moment as it’s the first instance of a head of state taking a full-time position in a decentralized project.

KULA is positioning itself to be a game changer in real-world asset investment, a sector often bogged down by recycled features and broken promises. Admassu’s involvement isn't just for show; he brings decades of leadership and diplomatic connections that could propel KULA into uncharted territory.

In a landscape filled with empty rhetoric, KULA's strategies aim to redefine governance structures and capital flows. Notably, the project has been meticulously developed over four years and is set to launch on April 15. The integration of cutting-edge technology allows token holders to co-invest in elite assetsβ€”ranging from hydropower to mineral resourcesβ€”while exercising real governance over treasury functions.

Why KULA's Move is Groundbreaking

KULA isn't merely tweaking an existing model; its ambitious framework seeks to revolutionize how investments operate. The project's roadmap emphasizes:

- True governance over treasury allocations

  • Proposals and decision-making via a user-friendly Web2.5 app

- Compliance with AML, KYC, and legal standards

Admassu’s leadership is expected to open doors into markets many Real-World Asset (RWA) projects can only dream of entering. Discussions are ongoing with governments from regions where trust in decentralized systems often falls short. His insights can facilitate connections that may lead to impactful infrastructure partnerships on the ground.

β€œThis is an unparalleled moment in crypto history,” remarked a KULA spokesperson. β€œWe’re not just tokenizing; we’re transforming the industry.”

According to sources, community sentiment appears predominantly positive towards KULA's ambitious pursuits, with many praising their proactive steps and verified team.

The Ripple Effect: Community Impact

KULA’s journey has attracted over 100,000 enthusiastic community members, highlighting its growing appeal. Combining high-caliber talentβ€”including an AI hedge fund strategist and a crypto brokerage pioneerβ€”this team is geared towards making transformative deals. locales like Nepal and Zambia, where they’ve already established significant agreements, exemplify this.

The community reflects a mixed sentiment, where optimism coexists with cautious skepticism about real-world implementations.

Key Insights into KULA’s Initiatives

  • 🌍 KULA has raised substantial funds from renowned angel investors.

  • πŸ”‘ Partnerships forming in regions with minimal RWA accessibility.

  • πŸš€ β€œThis sets a new bar for governance in crypto,” says a community member.

As April 15 looms, this venture serves as a clarion call for crypto enthusiasts tired of fleeting projects and empty promises. With its focus on genuine advancements and unique governance, KULA may not just be another projectβ€”but the project that changes the game.

Mark your calendars; this unicorn might just redefine crypto investment as we know it!