Press Release | 15 April 2025 – After four years of building quietly, Kula has launched its governance token, $KULA

This press release is published on BitPinas: Kula's $KULA Token Launches to Put Real Assets in the Hands of Real People

Kula, the Web3 collective aiming to bring capital to undercapitalized communities and provide avenues for community governance, has launched its governance token, $KULA.

The token is now live on MEXC, Coins.xyz, and Coins.ph.

Those interested in participating in Kula’s treasury proposals and RegionalDAO voting can do so on the Kula DAO website.

Capital raised will be allocated by token holders voting on which RegionalDAOs to fund. All decisions are open-source, visible, and trackable through the Kula smart contracts.

About Kula

Kula is a non-profit collective that launched in 2021. It deploys a Web 2.5 model with smart contracts for execution and legal structures for enforceability.

Its vision is a world where capital doesn’t just extract but restores. Where communities move from being recipients of aid to architects of their own futures. And where governance doesn’t happen behind closed doors, but out in the open, block by block.

Its mission is to bring the unburdens capital to serve people and planet rather than extracting from them. To empower communities to self-organize and govern the organizations, institutions, and assets that serve them. And to create a new financial system that's beautiful, robust, and built for the common good.

About $KULA

The $KULA token is not a yield token. There’s no staking, farming, or passive income generation. Each token carries equal voting power, granting one person, one wallet, one voice in how the Kula treasury allocates real-world capital.

About the partnership

After four years of building quietly, Kula is launching its governance token, $KULA, now live on MEXC, Coins.xyz, and Coins.ph.

Its vision: a world where capital doesn’t just extract but restores. Where communities move from being recipients of aid to architects of their own futures. And where governance isn’t done behind closed doors, but out in the open, block by block.

Its mission: to bring the unburdens capital to serve people and planet rather than extracting from them. To empower communities to self-organize and govern the organizations, institutions, and assets that serve them. And to create a new financial system that’s beautiful, robust, and built for the common good.

Capital isn’t flowing to farmland in Zambia. Hydropower in Nepal. Untapped minerals in Malaysia. Traditional finance ignores it and crypto doesn’t reach it yet.

Kula exists to change that. Its vision is simple: a world where capital doesn’t just extract but restores. Where communities move from being recipients of aid to architects of their own futures. And where governance doesn’t happen behind closed doors, but out in the open, block by block.

This is the story of that journey.

A New Tool For Governance

We didn’t come here to add to the noise. We came to give people a way to govern what’s always been out of reach. Their own land, their own energy, their own asset, and their own value.

After 4 years of building, Kula’s (YC Continuity Fund, SOSV) governance token is finally launching.

$KULA will grant direct voting power over how the treasury allocates capital. No backroom deals and every token counts. It’s one person, one wallet, one voice.

We’re not pivoting to a token. The token is pivoting to Kula.

The Need

Capital isn’t flowing to the places and people who need it most.

In vivid landscapes like Zambia, vast swathes of farmland remain largely uncapitalized despite the potential to feed a nation and restore ecosystems.

In the snow-capped peaks of Nepal, rushing rivers hold vast amounts of renewable energy, yet local communities struggle with energy poverty.

And in the rich mineral deposits of Malaysia, untapped resources could create wealth and employment, but administrative bottlenecks prevent them from being used effectively.

This isn’t just a lack of funding. It’s a lack of direction, trust, and inclusion.

Traditional financial institutions are good at moving money but not at understanding local context. Decentralized protocols are great at open-source code but lack the governance to handle real-world complexity.

And aid organizations, while well-intentioned, often create dependency rather than self-reliance.

What’s needed is a way to bring capital and community together, to cooperate across sectors and geographies, and to build something new and positive for the common good.

The Vision

A world where capital doesn’t just extract but restores. Where communities move from being recipients of aid to architects of their own futures. And where governance isn’