> For the complete documentation index, see [llms.txt](https://docs.citadao.io/intro/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.citadao.io/intro/how-iro-works/introducing-real-estate-on-chain/iro-outcome.md).

# IRO Outcome

### IRO Success

If the IRO secures sufficient commitment from the community during the IRO period, the Real Estate will be tokenized by the community. Stakers will be able to claim the ERC20 Real Estate Tokens (RET) and the IRO reward for locking up their liquidity.

![](/files/-MkjR2RFHSXYVDHexEoq)

### IRO Fail

In the event the IRO does not secure sufficient commitment, the community will be able to claim their staked liquidity. The reward pool will **NOT** be distributed to the stakers, and the Real Estate will not be tokenized.


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