We are creating the future

About the ExtractoDAO

ExtractoDAO is a Decentralized Autonomous Organization of private property sometimes called a Decentralized Autonomous Corporation, with the objective of developing a shared purpose.

ExtractoDAO is developing the world's first decentralized exchange (DEX) to trade various smart contracts. Soon, any startup or company will be able to list their contracts on the platform, fractionate their products into several parts, and sell them independently in the market. Users can trade smart contracts with the simple execution of their individual contracts, and buyers receive their legal rights.

Our DEX exists to revolutionize the trading market of real physical economy products on the blockchain. It will be possible to issue futures contracts for various commodities such as energy, oil, gas, coal, metals, and even agricultural commodities that have not received attention from the exchanges. Each issuer of the contract must follow the laws of the capital market in their country and register their contracts with the relevant regulatory bodies. ExtractoDAO will always work alongside regulators to ensure the existence of a democratic financial market.

ExtractoDAO is a platform like Ethereum where anyone can generate tokens, but ExtractoDAO does the opposite of Ethereum's idea by allowing the issuer to create only smart contracts for their goods, thus bringing the true futures market of the real economy to the blockchain. However, Ethereum is not legally responsible for any errors committed by third parties issuing tokens on its platform as it only provides technology, just like ExtractoDAO does. Any country in the world, including those with poor economies in remote regions, can now list their companies and products for trading and global visibility for traders worldwide. ExtractoDAO is bringing trillion-dollar volume markets to product trading using blockchain technology, thereby adding value to society and attracting investors who previously did not believe in cryptocurrency technologies.

ExtractoDAO is a platform focused on establishing a fair and transparent marketplace that benefits all participants. Our primary objective is to support small-scale producers who often face challenges in accessing capital for their production endeavors. By harnessing the power of blockchain technology, we strive to cultivate an ecosystem that fosters trust, efficiency, and accessibility, empowering these producers to secure the necessary resources for sustainable production.

One of the distinguishing features of ExtractoDAO is our intention to list a wide variety of assets that are not traditional commodities or securities. Our platform is designed to support the trading of innovative and unique products that fall outside these conventional categories.

Looking ahead, once our platform is fully operational and compliant with regulatory requirements, we aspire to expand our offerings to include both commodity futures and a broader range of non-commodity assets. We aim to become a pioneer in the industry by providing a comprehensive suite of futures products that cover not only traditional commodities but also non-commodity assets, thereby driving innovation and transforming the market.

At ExtractoDAO, we believe in the importance of providing a decentralized trading environment (DEX) for assets that are not commodities or securities. We recognize that many of these assets may not have access to regulated exchanges, despite playing a significant role in the economy by generating jobs and contributing to society in various ways.

Our DEX is designed to deliver a fair and transparent market where these unique assets can be traded securely and efficiently. By leveraging blockchain technology, we ensure the privacy of individuals involved in transactions, enabling holders of these assets to trade with confidence and protection.

Furthermore, ExtractoDAO offers a smart contract repository that guarantees the correct and immutable execution of agreements between involved parties. This functionality creates a reliable environment where all transactions are recorded and can be transparently verified, providing security and trust to market participants. Regarding the issuance of smarts contracts on our platform, we aim to promote inclusion and accessibility for assets that would typically not have access to a regulated exchange. Through appropriate evaluation and compliance processes,

We understand that many of these assets have a significant impact, employ people, and contribute to the sustainable development of various sectors of the economy. In doing so, we seek to level the playing field and offer opportunities for companies and projects that do not fit into the traditional categories of commodities or securities to obtain funding, grow, and continue contributing to the well-being of society.

What is Drawer Technology in the world of cryptocurrencies?

Have you ever heard of the term "Drawer" in the cryptocurrency market? Drawers have the same meaning as the wooden drawers in a lawyer's cabinet where clients' documents and contracts are stored, but here it refers to a new storage technology for smart contracts developed by ExtractoDAO.

Initially, the developers launched the Drawer online platform and are working on developing the IOS and Android app versions of Drawer. All DeFi members participating in Extracto@ smart contracts and all other contracts that will be issued on the platform can use the online version of Drawer. Drawer creates a new market for smart contracts and performs the same function as the drawers in law firms, but with the purpose of securely storing smart contracts on the web3 in a transparent and auditable way for everyone. However, ExtractoDAO will also enable clients to hide contract information with anonymity technology in the future if the client desires. Drawer should not be confused with cryptocurrency wallets that store tokens. Drawer stores smart contracts that can be verified on the blockchain, with editable clauses and that fulfil their functions in the web3. Drawer meets the new web3 market standard created by Joel Almeida as opposed to Vitalik's initial idea that everything should be tokenized in the market. Now we have a more advanced and secure technology than tokenization that has opened doors to scams, but at the same time, it has its importance in the market. Drawer sends a message to the market that things will be changing in the coming years, and that there is not only the option of tokenization, but there is a technology that brings more security and guarantees between two parties, including the possibility of regret clauses implemented and executed in smart contracts.

The abusive use of tokenization in most existing projects, consisting of generating a single smart contract and selling tokens for fundraising, has left the market vulnerable, but this is in the interest of many in the market. There is nothing wrong with tokenization; however, it makes life much more difficult for criminals. A team of researchers from ARXIV says that 97.7% of tokens launched on the decentralized crypto exchange Uniswap ended up being frauds. Drawer will neutralize this criminal behaviour allowed by tokenization in the market. We must focus on Drawer and the massive use of smart contracts; we want tokenization with more responsibility.

The COWs (Community-Owned Wealth Securities) are an innovative form of community investment instruments in the ExtractoDAO Ecosystem. These COWs are generated after the burning of individual smart contracts that have expired, resulting in the issuance of COWs. This approach provides a unique way to generate value and financial stability within the community. This novel application of blockchain technology establishes a modern economy, contributes to entrepreneurial development, and generates economic growth without the need to transform what has never been financial securities into financial securities, as tokenization has done in the market. No securities commission in the world has the structure to oversee all the confusion that tokenization has created in the financial market, given the complexity and potential regulatory issues involved in this process.

COWs are issued based on advance support for production in various areas and markets. This form of advance resource contribution enables participants to contribute resources in advance to drive agricultural projects, livestock, startups, and other initiatives. Transparency is ensured through registration on the blockchain, allowing verification and tracking of transactions related to COWs. This decentralized and smart contract-based approach offers a new way of financing projects and community participation in the development of small businesses.

The innovative concept of COWs: COWs represent "Community-Owned Wealth Securities" and have a specific purpose: to finance agricultural production, livestock, startups, and other ventures. ExtractoDAO participants contribute funds through smart contracts executed in DeFi (decentralized finance). These funds act as an advance for the production of these projects.

Stablecoin and Backing: COWs can function as a form of stablecoin until they are exchanged for Stablecoins in the liquidity pool, maintaining their value pegged to a stable currency such as the US dollar. The backing of COWs is guaranteed by the funds sent by participants to the smart contracts. This decentralized and community-based approach ensures trust and stability for COWs.

Auditing and Transparency: Transparency is one of the fundamental principles of COWs. Participants and the ExtractoDAO community have the role of auditing and certifying the backing of each issued COW. This collective auditing approach guarantees the integrity and reliability of Community-Owned Wealth Securities.

Applications and Impact: COWs have a significant impact in sectors such as agriculture, livestock, and startups. By financing these ventures through smart contracts executed in DeFi, COWs provide a directed flow of capital for production. This drives the growth of these sectors that are not listed on exchanges as securities, making it easier for entrepreneurs and promoting collaboration within the ExtractoDAO community.

Exchange for Currencies: Community-Owned Wealth Securities can be exchanged for stablecoins such as USDC, USDT, DAI, BUSD through a conversion process. However, it is important to note that these securities are not considered securities. They are generated as a result of the financial advance made by participants for the production of goods and services, ensuring a clear and distinct relationship between smart contracts and the issued securities.

In the ExtractoDAO Ecosystem, these securities allow participants to contribute in advance to production and, in return, receive Community-Owned Wealth Securities backed by the funds sent. This decentralized and transparent approach promotes collaboration, economic growth, and financial autonomy within the ExtractoDAO community.

What changes with ExtractoDAO?


Smart contracts hedge

You can manage structured smart contract operations and hedge against the volatility of the cryptocurrency market. Manage stable contracts and avoid risky tokens without ballast. Settle your contracts whenever you want.


Smart contract trading

The world's first DeFi that does not use token collateral to generate profits for participants. You trade smart contracts. Store your smart contracts in your very own Drawer, or trade them before their expiration.


Smart Contract Listings

List your business, receive global investments through smart contract negotiations: Manage a repository of smart contracts that ensures the accurate and immutable execution of agreements between involved parties in the trading process.


Decentralization of private property

The premise is that private property will now be able to acquire through a collective sense of ownership rather than an individual one.


DeFi with hybrid liquidity

ExtractoDAO has created hybrid functionality to the concept of DPoS (Delegated Proof of Stake), Bringing to the market capital DPR (Delegates Per Reputation).


Community-Owned Wealth Securities (COWs)

It is an innovative form of community investment instruments in the Ecosystem. These COWs is generated after the burning of individual smart contracts that have expired, resulting in the issuance of COWs.


Your voting power

We have decided to apply the kg mathematics to symbolize the voting power. Votes have a weight in kg (KG) which may vary from 0.001 kg to 5 kg.


Delegate per reputation

One of the novelties for the market allows delegates to receive the hybrid license of powers in the ExtractoDAO ecosystem. This delegation of power will be based on the reputation acquired through participation in the Bull Token.


The prosperity game

EXFARM is a teaching game with the Drawer function where you are able to visualize your smart contracts and simultaneously monitor the gaining weight – or fattening of animals – as you play.