
Tim Draper|Jul 31, 2025 16:01
Nobody likes their insurance company….
So we backed @Takadao_io to change the model.
The LifeDAO is incredibly intriguing because it flips the model.
Traditional insurance companies spend 30-40% on overhead and profits.
The LifeDAO spends zero.
Every dollar stays in the community fund.
It’s a member-owned fund that provides support to families when a member passes away.
Membership opens with a one-time 25 contribution.
Everything runs on smart contracts and is Shariah-compliant.
We’re proud to back Takadao and their mission to create systems of mutual support without banks, interest, or borders.(Tim Draper)
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