Hi jjloiceth,
Great question, and thank you for your continued interest!
Land/property will be listed on our platform in 2 main ways:
1) In the beginning:
Landcoin purchases the first few plots of land in the name of its investors (a plot will be held in escrow by a legal third party, with the relevant legal documents made publicly available to the investors). For the first few plots of land, we'll let the LDC token holders send in their proposals on which land to buy via a "low-tech" way (e.g. sending them by email). Our property investments team will then shortlist 5 options based on feasibility, and add in their own if necessary, then submit these 5 options to a smart contract vote (
https://www.ethereum.org/dao) among the LDC token holders. Landcoin will take care of the purchasing, and (by default) the management of the land, though the investors can of course propose and vote on a different management agency.
2) In the longer term (est 2019):
As LDC starts to become more established, backed by the first few plots of land, we expect to see some landowners wishing to sell their land accept to receive an LDC payment instead of fiat currencies, based on the promising value of Landcoin and our significantly lower selling fee (compared to estate agents). They can then list their land for sale on the Landcoin platform. Investors will then also be able to buy part of these plots of land for sale on the platform.
We hope this answers your questions. We're always happy to receive feedback, so do let us know if you have any further thoughts.
We're finalising team roles this week - you can expect a "Our Team" section to be posted on the website in the next few days.
I just took another look at the whitepaper and have a question about how to plan on collecting votes on a property to crowdsource, and who will you enroll for this?
Purchasing land seems quite complicated for most people, will you be creating some sort of 'purchasing committee' hand picked by your team? What will be the selection criteria? I feel that's the hotspot for this project to succeed.
Finally, you may disagree with me, but I think it would be a good idea for you to share what your team looks like, and who what roles you are hiring for. Members of this community might be able to help. For instance, I would be more than happy to help translate your whitepaper and website into French.
