SHIBU Society
  • Introduction
    • πŸ‘‹Welcome to SHIBU Society
    • 🏭Our Community
    • ✨Our Mission and Vision
  • SHIBU NFT Collection
    • πŸ’‘What are SHIBUs?
    • 🐢SHIBU Origin Story
    • πŸ’ŽBenefits of being a SHIBU Genesis Holder
  • SHIBU Society Ecosystem
    • πŸ›οΈSHIBU Society Ecosystem
      • Introduction to YIN DAO
    • $YINDAO Token
    • $YANG Governance
    • ☯️How to become part of the DAO
    • γŠ—οΈTokenomics $YINDAO
    • γŠ—οΈTokenomics $YANG (Governance)
    • $YANG's Revenue Sharing Model
    • $YANG’s Tier System
    • A Sustainable and Inclusive Future
    • The first approved DAO Proposal
      • The second DAO proposal
  • SHIBU Charity Foundation
    • Our Philanthropy
    • πŸ’šSHIBU Charity Foundation NFT Collection
  • The Team
    • πŸ“Meet The SHIBU Team
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  1. SHIBU Society Ecosystem
  2. The first approved DAO Proposal

The second DAO proposal

YIN DAO's second investment focus will be in the Oil & Gas Industry. These proposals will be completely voted on by the Governance.

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Last updated 5 months ago

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Suriname and Guyana, located in South America, have emerged as leading countries in the Caribbean region for crude oil and gas discoveries. Major industry players such as TotalEnergies, Apache, Hess Corporation, and Shell are either already conducting or preparing for offshore drilling operations in these regions. YIN DAO aims to capitalize on this opportunity by acquiring dividend shares from these companies. This strategic investment will generate an additional income stream for the DAO, providing long-term passive income over the next 20+ years.

Why are we focused on the Suriname and Guyana basin for Oil & gas?

In Guyana there are 11 Billion Barrels of Crude Oil and 17 Trillion cubic feet of gas have been found. In Suriname there are 2.4 Billion Barrels of crude oil found, estimated to contain over 30 Billion Barrels of unproven Oil, as multinational companies are still busy with their research. Over 12.5 Trillion cubic feet of recoverable natural gas is found as well on the coast of Suriname.

As the main founders of YIN DAO, are based in Suriname with a network in the Oil & Gas, they will be proposing Oil & Gas Projects to the DAO. Funding of the DAO will help Companies to start or continue with their projects development, whereas the revenue stream of the DAO will increase as well.