[ANN] LandDAO - Your Gateway to Tokenized Land Ownership

[Agbamoni]

I think you are somehow correct here, sometimes people can misbehave a lot in their best interest in getting extra funds from people they are trying to help or working with. There are some locals especially the chairmen in many of these local areas that will want to compromise the process just to make more money from the team. That means LandDAO must make sure that they are dealing with the right set of people in these local regions so the process of acquiring these lands in large quantities will not be jeopardized.

Do you mean somehow what might be the reason why you still have some atom of doubt? I know LandDao has a team of expert that makes research on the lands before bringing it up to the team to make the necessary arrangement to acquire the land. However, it will be better if the locals are government recognized. That is they are working with individuals under a regulated company that is recognized by the government of the country. For example, instead of random locals it should be real estate companies even if it might cost more. I don't know but it depends.

[mvdheuvel1983]

I think you are somehow correct here, sometimes people can misbehave a lot in their best interest in getting extra funds from people they are trying to help or working with. There are some locals especially the chairmen in many of these local areas that will want to compromise the process just to make more money from the team. That means LandDAO must make sure that they are dealing with the right set of people in these local regions so the process of acquiring these lands in large quantities will not be jeopardized.

I believe the village heads will always nominate their best and most trusted people to run the affairs of LandDAO in the community but in a situation where their representative is trying to misappropriate funds or playing smart with their position to affect the performance of the company in respect to the purchase of lands and the works that are been carried out in the community, the monitoring team of the company can swing into action to ensure they don't let the community bad eggs affect the good projects they are carrying out in the community.

Also I think the community representatives will not be allowed to make certain decisions without getting the approval from the office or their boss@ LandDAO so when there are issues relating to funds and jobs, the monitoring team should be able to notice that quickly.

[Futurexxx]

If yes, that means it's not just a mere investment or real world asset as other project that I have seen before, but however the uncertainty of volatile nature of tokens wouldn't that affect the investment ? because price of land could be growing in real life when the backed NFT price is decreasing! so how do you intend sorting out the differences.

Though since the land bought by landDao is going to be tokenized, but I feel like the volatility is not going to be that balance or it would be right I say it's wouldn't be there because naturally land is an asset that appreciate in value overtime, so even if the land is being volatile, it might hardly goes in the downward direction due to it nature, so I sees this as a very good opportunity that Investors should utilize properly, since land is an asset that don't depreciate in value like some other asset out there.

[Proty]

[Edited out]

LandDAO currently does not support installment payments. As with most NFT purchases, land-backed NFTs must be purchased in full at the time of transaction.

I was entertaining the Idea that LandDAO do allow or offer room for installmental payment, which I believe would have made it possible for both low income earner to own real estate,land to be precise.

I was likening LandDAO to a real estate company that gives room for installmental payment offering both students and low income earner the opportunity to own landed property.However since LandDAO are not accepting installmental payment there targeted investors are basically the rich folks since majority can't afford to pay for the lands at once despite being tokenizie.

It will be a great idea if LandDAO is to key in to such an initiative as this will expand the targeted buyers, that is not just the rich folks both the common man will also be able to patronise LandDAO there by increasing there scope of investors

[Wakate]

Well is really a good strategy that lanDAO is using by employing indigine of the host communities were they procure their lands as this will give investors the confidence to procure lands from lanDAO, the fear of whether a particular land is in dispute or not will be over come .

The issue of technological means of identifying land that is in dispute, I wanted to dispute that fact but since you gave reason for not disclosing it here I will let go of it, however I believe LandDAO should relate such means if there is any to potential investors that will be acquiring or wants to acquire land from them as this will make them to pull others investors into landDAO.

If the team has an unclosed means of identifying if a land is in a dispute or not then I think that's a good move to prevent or reduce the attempt of land grabbing which is a frequent occurrence in most regions in Asia and African. Also when it comes to development of the local regions where these lands will be purchased, the locals are the ones that will benefit more, making the regions more residential to new expatriates that will be relocating there or having properties there.

Since the team is working on how to make this project a successful one compared to other real world asset in the crypto space, this alone with attract more investors to join the community. The most interesting thing is for LandDAO to make their investors happy.

[Lida93]

~snip~.

Maybe you people haven't thought about this yet that making for a process where interested land buyers who doesn't have the money in full to pay at a one time transaction can also make LandDao unique from other competitors in this blockchain tech land ownership business thereby attracting a huge market and giving equal opportunity to all who wants to own a land across borders.

[Zackz5000]

LandDAO is a promising project indeed, but how do you plan on handling the price of your tokenized land?? I mean, if it's a token, then a piece of it should have a fixed price, not considering the expected market fluctuations and then volatility of the crypto space but for land to be tokenized, each token should be of the same price/value and I doubt landed property across the globe costs the same, the price of land in Portugal has to be different from the price of land in Ghana and if LandDAO has assets in these countries that they want to tokenized under a single token, then the price would have to be the same on-chain, and I'm not sure how this can be achieved with the LandDAO project, maybe there is a way it can be done, maybe it has already been done, insight on this will really be appreciated.

[Ivystar5]

If yes, that means it's not just a mere investment or real world asset as other project that I have seen before, but however the uncertainty of volatile nature of tokens wouldn't that affect the investment ? because price of land could be growing in real life when the backed NFT price is decreasing! so how do you intend sorting out the differences.

Though since the land bought by landDao is going to be tokenized, but I feel like the volatility is not going to be that balance or it would be right I say it's wouldn't be there because naturally land is an asset that appreciate in value overtime, so even if the land is being volatile, it might hardly goes in the downward direction due to it nature, so I sees this as a very good opportunity that Investors should utilize properly, since land is an asset that don't depreciate in value like some other asset out there.

The value of a land can double in less than 5 years, does it mean that if I hold the token in less than 5 years it would be as doubled as the Land, if the land is also brought in as an NFT is it also going to keep appreciating as the land, this are the crucial facts that I'm really interested to know, if it doesn't work that way, then the rate of investment is going to be on the high side maybe I would even be one of the first to acquire a land in one of the countries available I'm their list. I could agree that this project is quite different from what I've known because it's seemingly integrating land from a hard asset to a soft asset which you can be in a any location and onlwn without all sagas (issues) of agents.

[Proty]

[Edited out]

Though since the land bought by landDao is going to be tokenized, but I feel like the volatility is not going to be that balance or it would be right I say it's wouldn't be there because naturally land is an asset that appreciate in value overtime, so even if the land is being volatile, it might hardly goes in the downward direction due to it nature, so I sees this as a very good opportunity that Investors should utilize properly, since land is an asset that don't depreciate in value like some other asset out there.

Volatility do affect lands since since the land are tokenize and this majorly happens when there are fewer people to buy the tokens and it becomes difficult to trade tokens.

So to avoid this the right measures must be put in place by the company ,like targeting a broader audience which I believe will drastically curb out volatility and liquidity risk

[Obari]

The lands in questions are not just any type of lands you need to understand that before LandDAO invest into any lands they must have done their part by making adequate consultation to know the rightful owners of the lands and the indigene of that community are not hired to give information as all the necessary negotiations between the land owners, community leaders, chiefs, and LandDAO must have settled and all the necessary documents signed before work can begin in lands.

So far as LandDAO is not going through the back door to acquire land, I don't think there will be any dispute.

I actually get your points and yes no company(reputable) would want to buy any property without doing their due findings and I totally agree with you guys on your opinion but have you also considered the fact that, a company like LanDao isn’t looking to buy lands in small quantities but in really large quantities and trust me, a whole lot might occur and if you might have gone through my previous post, you might have a real life story I wrote in one of my post and since we’re all trying to play safe including the LanDao company, I think the probability factors of uncertainty has to be applied and assumed everything is possible and my area of interest was that, what if it was possible that despite the LanDao team doing all their possible best to ensure there isn’t any dispute and maybe at long run, dispute arises, my question was that, who bares the loss?

[Promocodeudo]

So far as LandDAO is not going through the back door to acquire land, I don't think there will be any dispute. I believe they will go through the right process while buying land because if things are not done right, it may affect their brand. The land business is not something anyone would want to rush or be negligent about. If the process of buying land is faulty, there are always consequences; either they will lose the land or spend more. Companies like LandDAO need to work with professionals to avoid disagreements and conflicts between landowners. I feel that when it comes to buying land, they will know the right thing to do if they really want to protect their brand.

I think landDAO is an organization that understand what is at stake to bridge contract agreement or budge trust, for such organization to come up with this kind of idea even going to the extent of beinging Blockchain technology in the picture it means that they aren't out for childs play, mind you this aspect of purchasing land through the appropriate means tells much about landDAO itself because that will be the first thing potential investors will be looking at to avoid being harrassed or embarrassed when the land the acquire from landDAO is been allocated to them, as for working with able hands being the professional you mentioned, I think that wouldn't be left behind because such help the project to stand the test if time and also help the entire process not be in the state jeopardy.

[Agbamoni]

I think in different areas there are laws that guard acquiring land or a property so  for one to completely say he has acquired it , you should be able to perform all rights and paid all dues and had entered agreements with the sellers

I believe LandDao representative has said it here that the land will be acquired by them and the investors will buy the land through NFT directly from the LandDao platform. The only confusion now is that, only images are shown on the website. No land speculation like size, dimensions, topography, zoning, boundaries etc.
Here is an image of what I mean below. I hope the LandDao development and photography team look into this.

[mvdheuvel1983]

Also when it comes to development of the local regions where these lands will be purchased, the locals are the ones that will benefit more, making the regions more residential to new expatriates that will be relocating there or having properties there.

This is one of the good things that the communities that LandDAO invested in their lands will benefit, development of their communities, attraction of more investors to the community through their projects and innovations, announcement of the communities to the world because once the communities are registered as part of the communities that sold lands to LandDAO they will be added to the calendar of LandDAO and more people will be familiar with the communities. LandDAO brings a total development and reduces unemployment to the communities because they make use of the locals to do most of their jobs. If all this considerations are put together, I believe host communities wouldn't want to do things that will lead to conflict in their lands since they stand to benefit more.

[Bushdark]

Oh, finally a LandDao representative is here.
Well, from what you said this means I was right afterall. I am comfortable with the locals handling the legal side along with the Sub-Dao Committee but I need to be sure if these locals pass the necessary screening before they are accepted. You know some locals can take advantage of some things, If the committee don't know much about it. Most of them are cunn men and tricksters. Even being a lawyer. What is the procedure and requirement the team uses in finding which local lawyer is fit to handle the document.

I'm glad to know there are local lawyers and land surveyors who are hired to run the physical aspect of the acquisition of land.

Your question is very essential. The Sub-DAO committee should have thorough investigation about them before the screening. I also oblige the Sub-DAO committee to have a follow up of every deal that is to be made to avoid losses or future non-compliance. I believe this will keep the project going.

I trust the decision of the committees to do things that benefit them and the investors.

[LandDAO]

For someone who is buying lands from LandDAO you have every right to engage in physical verification and confirmation of your lands of you are not convinced with the use of GPS to track the location of the land. You also have the right to send a representative to confirm the lands on your behalf before involving your surveyor and legal representative to document it.
You have got nothing to fear before purchasing land from LandDAO because they have legal documents to all the lands they acquire.

If I'm purchasing land from any real estate company or LandDAO or whichever party is involved, I won't have to talk about the physical visiting of the land much, because I know that I can always hold them to make provision for what I have paid for, but in cases where such parties or companies are the ones to be buying from rural areas or I myself am buying from rural areas, physical assessment is important just to be sure that what you are paying for and registering is exactly the same way that it's described before it can be added into where it could be easily tracked.

LandDAO is a digitalised real estate firm with an integration of blockchain technology so i believe that security would be a huge part of their priority to enable them satisfy their customers, I also believe that they'll help customers keep track of every land purchased through them, that why they won't purchase lands with family or community dispute that would later affect customers on the long run. My own question for the management is that, would their be any form of referral program to attract more customers, or what ways would LandDAO use to attract their customers and what form of appreciation would be given to customers or those who refer other customers to the project?

None for now. Any referral or reward systems will be announced later.

~snip~

I don’t know if you’ve gotten the right answers to your questions because you asked really great questions that caught my attention and as an aspiring land investors, who also queues into the vision of LanDao, I think aside the  backups from blockchain, are there any physical legal backups to these physical land acquisition process? Because I’ve seen cases where people have to rebuy the lands they already bought because of some certain dispute and you’ll trust me that, no wise investor would be glad to pay twice for one investment and as such, I also would want to know if there are any physical backups in the areas LanDao wishes to explore and in cases of family dispute, who is responsible for the losses of there be any?

Talking about physical backups I don't really quite understand you what you mean by that.I believe actually real estate through real estate tokenisation companies like lanDAO should be one of the Safest means of acquiring real estate properties since Blockchain is involved and I also believe that there will be other legal documents to attest to investors ownership of the property acquired.
The main reason why most Will be talking of possible is because of they don't have knowledge of what Blockchain is and such trusting the whole system will become and issue to them however if they are enlighten in that direction I believe the fear of losses will not be there.

Well, I already have basic knowledge of of cryptocurrency and blockchain but frankly, I wasn’t talking from the perspective and angle of an investor, what I mean is incase there are dispute that might arise along the line for the physical assets (land) what would be the fate of the investor because judging from what I’ve read so far, the NFT that will be given as some form of ownership of physical is dependent on the physical asset and now will the value of these NFT be affect by these physical dispute?
Now there’s another case scenario I want us to look at, there was this real estate company that came to acquire lands in my local community and trust me, they bought very large parcels of land(can’t estimate but trust me it was massive) and there was these family they got about 27 plots from(rumored) and since the land was inherited from their late father, the elder son was supposed to be in charge of the land until been shared but unfortunately their eldest son wasn’t around and wasn’t reached for over 8 years and since nobody knew about his way about, assumed he might be dead and had to move on with life, and sold the land to the real estate company but one way or the other, the lost eldest son got to hear about the news and came back home about 3 years after the land was sold and was demanding for explanation as to who sold and who bought the land, now stories had it that, an embargo was placed on the land for years while the case was in court, there by pausing the activities of the real estate and now, trust me the real estate at this point suffered more of losses than the family which no business owner will be happy about.

I just came around a post by LanDao that they already have plans of physical legal backup and not just the blockchain since the business has to do with both physical assets and digital tokens.

LandDAO avoids disputed lands by conducting deep legal and community checks before acquisition.

After going through your educational materials on YouTube, and in your website, I find your project quite interesting. But I have questions and I will like more clarity on them.

1. Are you focusing on buying lands in the urban areas alone or in the rural areas alone or both?

2. Before buying lands from individuals or group of individuals, will your team come down to the local communities were the lands are situated, to determine if truly the lands exist and it's in same position that the seller said it is?

1. LandDAO mainly focuses on buying large parcels of land, wherever they may be, in rural or urban areas.

Am just curious, since landDao only buy large parcel of lands, in a situation whereby they wish to buy off a large parcel of land but it's not own by a single person or group of persons, will they go ahead with such plan?

And if they will go ahead, and everyone agree with landDao to sell off at a certain price, but their is a single individual that his land is just like in the middle, but he vow never to sell, how will such a situation handled? because I am very certain that their are stubborn individuals like that all over the world.

LandDAO currently does not support installment payments. As with most NFT purchases, land-backed NFTs must be purchased in full at the time of transaction.

If landDao doesn't support installment payment plan, don't you guys think that it's only going to favour the rich?
Because the best thing in my own opinion is that it should be done in a manner that everyone should stand a chance of acquiring a land through landDao.

- LandDAO only purchases land that can be legally consolidated and registered. If ownership is fragmented and cannot be unified legally, LandDAO will not proceed with acquisition.
- LandDAO avoids these scenarios entirely. They do not acquire land if it cannot be fully secured and registered without future access or boundary risks.

Going through the landDAO platform, I understand that landDAO helps people acquire virtual land and also sell their land.
I want to know if, in landDAO, only those who are financially stable can buy land or if they also help those with low income to buy land.

I also understand that multiple people can own the same land. Will sharing land involve people who are familiar with each other or people who are not familiar with each other, and does the platform help in managing the land for them?

No. Lands on LandDAO are real lands. LandDAO deals only with asset backed land NFTs. Each land NFT on LandDAO will represent a real standard size plot of land in a given NFT land collection.
All lands on LandDAO are backed by real-world asset. LandDAO is using NFTs  to bring land on-chain"

Oh, never knew it would be backed by an NFT which means if the NFT if grows in price on the on-chain would also make the asset to increase in price when bought, like would the asset price be measured by the price of the NFT when bought or would it also remain the same while the NFT grows in the market which is a double profit for the buyer who bought the land on on-chain?

If yes, that means it's not just a mere investment or real world asset as other project that I have seen before, but however the uncertainty of volatile nature of tokens wouldn't that affect the investment ? because price of land could be growing in real life when the backed NFT price is decreasing! so how do you intend sorting out the differences.

- Land value and NFT price are linked, but may not always move at the same rate.
-  Unlike utility tokens, land-backed NFTs are tied to a real-world asset. Volatility in the broader crypto market may affect trading activity, but the underlying land value provides a price floor.

Going through the landDAO platform, I understand that landDAO helps people acquire virtual land and also sell their land.
I want to know if, in landDAO, only those who are financially stable can buy land or if they also help those with low income to buy land.

I also understand that multiple people can own the same land. Will sharing land involve people who are familiar with each other or people who are not familiar with each other, and does the platform help in managing the land for them?

I was having same thought as to know if it’s also possible for more than one person to own a particular portion of land because from what LandDao described, it stated that, a parcel of land will be divided into portions and people can buy in portions, so I was curious to know if more than one person can buy just one portion and how do they intend managing these in case one person decides to sell off their share of a particular portion?

Secondly, will people also be limited to the quality of land they will be buying at a given period of time? Because there are possibilities that, people might be too interested in the project that, there might not be enough available and accessible land for these people to buy at a given time, what do you guys intend doing at that point in time?

I have a physical land I want to sell at the moment, over 20 plots of 100by50 square meters, what’s the processes for selling and how do you go about your buying of the physical asset that’s if you’ve extended to Nigeria.

LandDao has an interesting feature which I so much admire, the fact that one can actually buy a portion of land and become a co-owner  with other investors. Does this imply that a portion of land for example can be fashioned into fragments and one can buy a certain fragments in digital asset?


However with what what LandDao offers , I think a person can actually sell his own share of the asset if he wants because I feel like it's more you are buying a share of the percentage profit of your investment thereby getting returns on investment

Land tokenization is one feature that allows for multiple investors own a particular property because when a property is broken down into different levels of investment it gives room for more investors and to me it makes it easier for to invest at ease

No. Each NFT represents one whole, indivisible parcel.

snip

Happy to see official member of LandDao thread, this is always good to receive clear answers and support directly from the Team.

There are many questions because this is something totally new for all of us

I still keep thinking about such case if someone will buy all NFTs from some land and will be the only owner, will it be possible for him to take it out from the market and got all oficcial papers for example to sell it further or to build on it rental properties or hotel, any anything else.

Will there be a possibility to have it owned by individual legally?

or all lands will always stay tokenized and if yes then what will happen later, what if there will be someone willing to buy and build on it, or use it for any thing else?

will we be able to benefit from that if for example it will be rented to some company and they will use it as a parking for cars or to setup a open storage for something?

Yes. LandDAO plans to launch a "physical possession module" in later versions (LandDAO 3.0), allowing full NFT holders to apply for legal possession and use of the land, including building or resale, subject to compliance.

[Futurexxx]

~snip~.

Maybe you people haven't thought about this yet that making for a process where interested land buyers who doesn't have the money in full to pay at a one time transaction can also make LandDao unique from other competitors in this blockchain tech land ownership business thereby attracting a huge market and giving equal opportunity to all who wants to own a land across borders.

You are truly on point here buddy, I think that what's going to make landDao different and league above it competitors is by offering the same opportunity given to the wealthy guys and the average and middle class person, that's why installment payments should really be considered by landDao, because by doing so they will be giving everyone an equal opportunity to invest and own a land through them, so not accepting installment payments makes it difficult for the common man to invest also.
And let's not be surprised that if installment payments is being accepted, more investors might comes into it than we can even imagined, because it's of reach of everyone.

[MainIbem]

The lands in questions are not just any type of lands you need to understand that before LandDAO invest into any lands they must have done their part by making adequate consultation to know the rightful owners of the lands and the indigene of that community are not hired to give information as all the necessary negotiations between the land owners, community leaders, chiefs, and LandDAO must have settled and all the necessary documents signed before work can begin in lands.

So far as LandDAO is not going through the back door to acquire land, I don't think there will be any dispute. I believe they will go through the right process while buying land because if things are not done right, it may affect their brand. The land business is not something anyone would want to rush or be negligent about. If the process of buying land is faulty, there are always consequences; either they will lose the land or spend more. Companies like LandDAO need to work with professionals to avoid disagreements and conflicts between landowners. I feel that when it comes to buying land, they will know the right thing to do if they really want to protect their brand.

A company that's transparent won't go through the back door or whatever illegal way to acquire lands doing that would ruin the reputation of LandDao cause on the long-run it would definitely lead to a dispute between a customer and maybe a the rightful owner of the land or with a community, I don't LandDao are ready for that, that's why they employ a team of professionals to ensure that land acquisition is done legally and accurately. Just like Bitcoin and other assets land (real estate) is a very good asset that’s thread with caution even normal real estate company follow due process talk more of a real estate company that's backed by blockchain and tokenized they should be the forefront of offering transparency and security.

[Zackz5000]

I think you are somehow correct here, sometimes people can misbehave a lot in their best interest in getting extra funds from people they are trying to help or working with. There are some locals especially the chairmen in many of these local areas that will want to compromise the process just to make more money from the team. That means LandDAO must make sure that they are dealing with the right set of people in these local regions so the process of acquiring these lands in large quantities will not be jeopardized.

Do you mean somehow what might be the reason why you still have some atom of doubt? I know LandDao has a team of expert that makes research on the lands before bringing it up to the team to make the necessary arrangement to acquire the land. However, it will be better if the locals are government recognized. That is they are working with individuals under a regulated company that is recognized by the government of the country. For example, instead of random locals it should be real estate companies even if it might cost more. I don't know but it depends.

This is actually an issue since most of these local regions would find it difficult to provide government approved documents ro prove that the land being sold is their own, and since LandDAO wants to purchase these lands, necessary documents would have to be de available to them to avoid some unwanted situations from arising in the near future, most of the documents you get from being land in some local regions are self made, this is to say that even if the land being sold is their own, the documents they make available is self fabricated and can sometimes be considered illegal by certain government bodies, this really complicates matters as LandDAO would not be able to buy such land if they intend to avoid any potential shenanigan from coming up, ultimately teaming up with local but recognized real estate companies will be the right way to go, this might be more expensive but it comes with alot of safeties with all tge necessary government approved documents made available to the buyer(LandDAO) during purchase removing the risk of the land being confiscated in the future by the government.

[GiftedMAN]

And let's not be surprised that if installment payments is being accepted, more investors might comes into it than we can even imagined, because it's of reach of everyone.

Before we begin to request for LandDAO to make available space for installment payments, we also need to consider their reasons for not have included it in the first place because I believe every company has their aim of establishment and their rules also helps them to maintain the standard of the firm.

Let's consider the price of lands now and in the next two years do you think the cost of buying a land now and two years will be the same regardless of the location? I believe LandDAO must have considered so many things before waving off the idea of installment payments.

[Gentle_Soul]

What will be the role of LandDao in economic investment in Eastern Europe. This year, I aim to explore more continents and discover the land values of there countries using LandDao as a tool.

LandDAO can really help you explore land values in Eastern Europe and make investments easier. By tokenizing real-world land, it lets you own a portion of land without having to go through the traditional hassles.

Since you’re looking to discover land in new regions this year, LandDAO could be a great tool. It’ll give you access to land that’s more liquid and potentially more profitable. Plus, it’s a way to track land value trends and make smart investments across different countries in Eastern Europe. Sounds like it could fit perfectly with your goals.

LandDao to me I feel like is an exciting experience for young and growing investors and also is an opportunity too following that you can actually own a land and be at peace without worry or fear of any thing.

LandDao indeed has brought this dream of many to there door steps because information they say is power.  I also think that people should properly be educated on there expectations in this LandDao project and be cleared of what they are expecting and where they can get informations regarding investments and openings just so they don't fall into the hands of scammers in cause of doing business with LandDao