Kula launches new governance model for impact investments

Kula, the decentralised impact investment business, has launched a first-of-its kind governance model for impact investors, powered by blockchain technology, which aims to “redefine real-world asset investment, opening access to local communities, retail, and institutional players alike”. 

Blockchain is a decentralised, digital ledger that records transactions in a secure and transparent manner. It is a shared database, meaning everyone on the network can see the record of transactions. The application of blockchain technology to traditional impact investment is designed to democratise it, driving greater transparency, equity and value.

Kula has launched a governance token, the $Kula, which will allow holders to invest directly into real-world commodities across the planet, while the company’s blockchain-enabled governance model will grant local communities a stake in each project. 

Blockchain governance offers enhanced security, improved transparency, and reduced costs. It promotes consensus-driven decision-making and fosters accountability, as well as streamlining processes, reducing fraud, and enabling more inclusive governance models. Tokenising the governance of real-world assets will give a say to local communities, retail and institutional investors, Kula said.

“Our token launch is a pivotal moment for impact investing as it proves blockchain technology can build a governance model where wealth is unlocked, maximised, and shared,” said Micah Yeackley, co-founder, Kula. “We have developed a tool for genuine ethical and profitable investment, which aligns financial incentives with long-term social impact and gives token holders the responsibility to govern real-world assets and shape global opportunities.”

Holders of $Kula tokens, listed at a price of $0.07 per token, will be able to participate and have specific responsibilities for projects and full voting rights on Kula’s overall investment strategy, including processes such as treasury allocations, project funding, and making strategic proposals.

The model will be more transparent and create greater accountability and active participation, as token holders will be unable to delegate or offer proxy votes. It will empower local decision-making in allocating funds to infrastructure and development initiatives. It will also enhance ESG asset compliance, Kula says, by providing structured risk mitigation and transparent tracking.

Kula has been supporting projects since 2021, including a limestone concession in Zambia, where it ensured sustainable water access for operations and local communities and ensured long-term environmental balance. Revenue from the project is reinvested into employment, healthcare, education, and agriculture in surrounding communities. 

Other projects include developing a hydropower-backed digital economy in Nepal, integrating renewable energy production with blockchain governance, and undertaking a sustainable forestry initiative in Malaysia, integrating blockchain governance with eco-forestry and regenerative harvesting.

“My 20 years working in international development have provided first-hand experience of the flaws built into traditional governance, leading to inefficient and opaque processes that didn’t deliver,” said Chris Turner, co-founder, Kula. “By championing local expertise with blockchain-powered governance, Kula provides everyone with a seat at the table and a platform to unlock assets to their full potential.”