[ANN] LandDAO - Your Gateway to Tokenized Land Ownership

[Zackz5000]

Am not speaking for the said company though but from what I understand I think after pooling resources to purchase large acres of lands these land would have to be apportioned or partitioned into NFT's  and with each buyer having to own according to how many plots of land they would be buying from the company (LandDao). Perhaps they have a way they also do for those who want to buy in large quantities mostly for agricultural use.

There is certainly no logic in an acre of land counting for 1 LandDAO token, it makes the purchase of tokenized land difficult, instead the land will be divided into NFTs, this way potential buyers can buy the asset easily and they can also buy in reasonable quantities as much as they want to buy this method will also be good for LandDAO as the chances of selling off their token will be higher if it's easier to buy than when it becomes too expensive, RWAs aren't too trusted yet for LandDAO to tokenize full acres they are going to have to start small first, and with time the financial value of their asset will eventually increase.

[GiftedMAN]

I would suggest to LandDAO to create more awareness among the public because this plays an important role in growth. Many are not aware of this project and it will be interesting if it gets to more countries.

In creating more awareness, I think they should focus on gaining more ground in the countries they have established their investments already so that once they expand to other countries more people wouldn't ask much questions about them before doing business with them since they already have a good name in the countries they are established already.

Right now I recommend LandDAO to focus more on creating more awareness to the general public through advertisement, creating social media ads or even having an endorsement with an influencer who will also promote the brand and use his or her influence to announce the company to the public especially his fans who loves and listen to him or her.

[Obari]

…~snip ~

… they are going to have to start small first, and with time the financial value of their asset will eventually increase.

Definitely they have to start very small and possibly give more history of previous purchases and the roadmap
Are good way to start and in a much as I see LanDao trying to do the right thing, I think they have to make enough room for people to be able to buy these lands in smaller quantities there by making these NFTs cheaper to afford and making it appreciate over time.
I’ve been also wanting to ask and know if the price movement of these their NFT will be solely dependent on the actual physical factors that affect land like development or crisis or are there possibilities that other digital factors like buying and selling would also affect these NFT as well

[Proty]

[Edited out]
  ...LandDAO has the right not to make the percentage of whatever they want to give back to the community known to you since they did not include it in the arrangements ...

I think it will be wise if they disclose the percentage some host communities may even want to include it as part of the agreement since most of this land is used by the community for farming.so if the percentage is based on the numbers of land they acquired from the community as I have stated earlier ,i think they are in better position to speak on this and also if there are reasons for not disclosing it, fine because this will motivate others community to want to partner with LandDAO . Talking about employing the host communities, is that they will have to employ them as there staff ,if so don't you think that there maybe challenges in terms of increased in numbers of staffs morespecially some of this people may not really offer much value to the company since most of them may not be that educated.

[Promocodeudo]

I would suggest to LandDAO to create more awareness among the public because this plays an important role in growth.

You're right, they have to consider this suggestion because it will help them a lot, although we should also reflect on the fact that the project is not old rather it is just a new project, they are just kicking starting although the aspect which i support is versed publicity in different dimension so that people from different works of life will know what landDAO represent and what they can offer in terms of the services they can render or rendering but one thing is that I have also thought of it that they have a reason for deciding to concentrate in the areas they mentioned but lets hope there'll be expansion of this project to the areas that wasn't captured in their plan in the future.

[Agbamoni]

...Except that I am just perplexed why they only have to pick Ghana in the entire African countries to operate in. Is it that those other African countries have restriction laws for alien land ownership. Because for LandDao capacity starting with only Ghana in the entire Africa raises some curiosity.

From my research and while reading the blog on the LandDao website. Their interested in owning lands in Ghana varies in terms of favorability and political stability and legal frameworks. Compared to most African countries Ghana's land system has a more accommodating system for foreign investors and blockchain real estate platforms, they also have a strong legal entity. LandDao will start by conquering Ghana as they adopt and spread towards other African countries.

[mvdheuvel1983]

I think LandDao aside making this project accessible to investors should also ensure that transparency and accountability is seen from a distance where people do not need to ask too much questions to see what exactly the project is all about

So far the company's website has been very active and a lot of videos showing the achievement of the company is also on their social media handles, YouTube videos showing so many things the company has achieved and how they all started is also made visible to the public to see who they are and what they represent is another way of being transparent to the general public.

Another important thing to note is how they added their representative here who has answered most of the previous questions I think having seen all this it shows that they really mean business and they are ready to carry their investor along.

So far I believe there are investors in Ghana the African country where they are currently operating who would have said so bad things about them if they not transparent enough, since nobody or investors has made any accusations against them it's a good way to show how good they have been.

[MainIbem]

...I will also want to know how landDAO will handle a situation where by potential investors that are interested to own lands in those areas they restricted keep persuading or will I say keep coming in their large numbers to invest in landDAO, will landDAO want to lose this set of investors in their numbers just because of their existing decision, may be I will like to get a clarification on that, this question goes directly to @landDAO team...

You don't expect LandDao to just emerge without experiencing some challenges, it might not be major ones but some minor challenges like restrictions from certain countries are bound to occur since they support the use of blockchain technology, but that doesn't stop their customers from those regions to own a land, let's say I'm from the USA and LandDao is restricted in that region, I don't think anything stops me from going to purchase lands in any other location where there's no restrictions, if my country restrict LandDao but i buy their idea, I'll move to a safe region that supports LandDao's idea and invest over there, it would even help expand my business to that country if am into any, that's why I said earlier that it's a minor challenge. LandDao just need to convince the citizens of those restricted regions to believe in their idea or make them understand what a real estate company that's operates on blockchain tech stands to offer, with that I believe more people from restricted regions would consider leaving their  country to invest on real estate through them. Well they won't find it difficult convincing most people due to how the mass spread of Bitcoin has made lots of people around the world embrace blockchain.

[Gentle_Soul]

I think this is getting very clear to me, with what I understand landdao as firm or organization are not really concentrating on acquiring this land in urban areas but rather acquiring it in rurals areas and tokenizing it with the help of Blockchain technology as such solidifying a strong agreement with the interested investors for authenticity and good record, in that case it is a welcome development, I think this is a first of it kind that I have seen.
How do you guys tend to achieve this great plan, because anything involving real estate or versed land for agricultural purpose has to be done with carefulness during land acquisition to avoid getting into the wrong hand at the early stage and we know what it means when such happens.

Acquiring this lands in the rural areas can be quite an easy process but can e disastrous if not done through the right process a lot of real estate companies have problems today as a result of not paying attend to details.

This lands in the rural areas most times can belong to family or clan , if one of the family members decide to sell a land he may be right to do that but needs approval of other co-owners as such if he doesn't get that and goes ahead to sell the land it becomes a problem in the future.
So I think all due processes should be paid attention to and not neglected

[Y3shot]

[Speaking of experience! You sound as though they're just getting into the business not long ago and do not possess that vast experience to be able to expand wherever they go...

I don't mean they do not possess the ability to expand, but what I mean is that with time they will expand more than what they are right now. For sure, as long as this project exists, expansion is expected.

...For LandDao to be operating in these strategic areas such as South America, North America, Eastern Europe, Southeast Asia and Africa (precisely Ghana) then it shows they have all the experience for growth and expansion...

This project might have reached other countries, but that does not mean they have reached the length of growth they desire. I'm from Africa, and LandDAO hasn't reached my country, but with time it is expected for LandDAO to reach the majority of African countries, and that is growth.

[Proty]

There is certainly no logic in an acre of land counting for 1 LandDAO token, it makes the purchase of tokenized land difficult, instead the land will be divided into NFTs, this way potential buyers can buy the asset easily and they can also buy in reasonable quantities ...

I think even if LandDAO doesn't tokenize a full arce of land an investor that wants to buy a larger portion may be for agricultural purposes can buy more than one token all he just needs do  is to explain to the company the purpose for the land and the needs so that  the tokens won't be in different portions of land so  I totally agree with what you say, tokenizing a large piece of land will limit the numbers of investors since it will become expensive that split the lands into token so that it can be affordable

[Promocodeudo]

...I think LandDao aside making this project accessible to investors should also ensure that transparency and accountability is seen from a distance where people do not need to ask too much questions...

This is the most important aspect landDAO team should really be concerned about, yea we've seen that they project seem accessible just as you've already said and things we have read about them too but there should be trust built in the mind of potential investors although no matter how you trust a project from far, you must be an investor for you to know how trusted the project is, so I think this is a practical thing, as for asking question, buddy question and answer to me is a continuous thing, you can never know it all, there's a technology involved in this landDAO project which I believe many persons that are not crypto enthusiasts are not familiar with, so I believe these set of people will continue to seek for clarification unit they get use to the system and I feel this is normal.

[Futurexxx]

......I’ve been also wanting to ask and know if the price movement of these their NFT will be solely dependent on the actual physical factors that affect land like development or crisis or are there possibilities that other digital factors like buying and selling would also affect these NFT as well......

Yes, it's the actual fact when it comes to land, what happens in the location of the land plays and important role if the NFT is going to be of greater value or if it's value is going to be of lower significance.
Ok let me use my neighborhood as an example now, to get a land in a place like GRA is very difficult and expensive more than anything else, but to get land in rural areas are very easy, while in a place like Maiduguri, land are of lower value because the security of that location is extremely poor and dangerous, so why am saying all this is that so many factors pertaining to the location and security have an important role to play in the value of each NFT in the market.

[GiftedMAN]

How do you guys tend to achieve this great plan, because anything involving real estate or versed land for agricultural purpose has to be done with carefulness during land acquisition to avoid getting into the wrong hand at the early stage and we know what it means when such happens.

One of the best ways to have a positive result in acquiring large quantities of land in a rural community is to go through the right channels which I think is by employing the services of someone from the community who can get all the necessary information from the community leaders, chiefs or the royal highness of that very community.

Most of the lands in the rural communities are owned by a joint family so getting to know the right family members and having a meeting with them through the help of the LandDAO's representative will make that easy and smooth.


Lastly, after properly consultation the next step is to bargain the price then do all the necessary surveys then the legal team can document it and the both parties will sign. Once the right steps are taking it will be difficult to have further issues in future.

[mvdheuvel1983]

This project might have reached other countries, but that does not mean they have reached the length of growth they desire. I'm from Africa, and LandDAO hasn't reached my country, but with time it is expected for LandDAO to reach the majority of African countries, and that is growth.

LandDAO have not reached so many other African countries, as a matter of fact Ghana seems to be the only African country they are currently in operation for now but with time they should be expanding to other African countries not just in Africa alone but Asia also because they have a large vast of lands that can be of good use by LandDAO. Another African country they should consider extending their services to is Nigeria since they have a large population of about 200 million according to their last population census and they have a large number of rural communities.

LandDAO target communities where there are large quantities of Lands they are likely to have good business deals there but before doing that they should make good finding about the security system of that country because they can't afford to get involved into insecurity cases if it occurs where they aren't familiar with.

[Obari]

…~snip ~

… they are going to have to start small first, and with time the financial value of their asset will eventually increase.

Definitely they have to start very small and possibly give more history of previous purchases and the roadmap
Are good way to start and in a much as I see LanDao trying to do the right thing, I think they have to make enough room for people to be able to buy these lands in smaller quantities there by making these NFTs cheaper to afford and making it appreciate over time.
I’ve been also wanting to ask and know if the price movement of these their NFT will be solely dependent on the actual physical factors that affect land like development or crisis or are there possibilities that other digital factors like buying and selling would also affect these NFT as well

[Lida93]

~edit out ~

This project might have reached other countries, but that does not mean they have reached the length of growth they desire. I'm from Africa, and LandDAO hasn't reached my country, but with time it is expected for LandDAO to reach the majority of African countries, and that is growth...

Well, it's now I do have a clear appreciation of your points. And by your country, am guessing you mean Nigeria? Nigeria is one of Africa's most populous nation with a massive landmass if not 3 times the size of Ghana, so  am optimistic that Nigeria will be a good market for them (LandDao). So I won't be surprised if their next country of operations in Africa has to be Nigeria since there are lots of vast virgin lands in the different parts of the country which could mostly well serve for agricultural use for foreign companies.

[Promocodeudo]

LandDAO target communities where there are large quantities of Lands they are likely to have good business deals there but before doing that they should make good finding about the security system of that country because they can't afford to get involved into insecurity cases if it occurs where they aren't familiar with.

Yes of course their main concentration are areas that has versed lands, I think this is because of the nature of the project and how many investors they want to come in or accommodate, mate you outline  a challenge that could be faced by landDAO future or will I say potential investors could face if landDAO didn't tackle it at this stage which is security, yea, I think landDAO should give security utmost priority making sure that all the place they are acquiring lands are very peaceful and security challenges so that investors will not have to regret having lands in those areas in the future, another things is that despite the fact that someone can invest with landDAO and may use GPRS to keep track of his land yea, there are some person's that'll want to see the land immediately they purchase it despite the genuity, authenticity and the technology binding individual investors agreement with landDAO, the problem here becomes if they find out that the land in question is situated in an unrest environment, this is the reason why this suggestion of yours @mvdgeuvel1983 should be taken serious by the landDAO team.

[MainIbem]

...However, LandDao representatives will do in-depth research on the said place and also ask locals around for any hidden information's.

On a norms, regardless of whether a land is own by am individual or firm the  owner must undergo an approval by the government (certificate of owner) that consent is required in a case where there's a future transfer of ownership, I believe that why LandDao has made it compulsory that they'll only acquire lands that's registered by the government which is very important for security reasons, having the appropriate document of ownership would even make it easier for the representative of LandDao to the fully convinced in purchasing your land, therefore anyone that's got a land for sale and might likely want to sale to LandDao in future or near future should ensure that they have the appropriate documentation concerning owner of the land.

[Zackz5000]

I think even if LandDAO doesn't tokenize a full arce of land an investor that wants to buy a larger portion may be for agricultural purposes can buy more than one token

Certainly, farmers who would want more than 1 piece of land will definitely buy more to accommodate their larger needs when compared to investors who just want a land to build a home, also I agree with you, potential farmers will have to inform LandDAO of their intentions for the lands they purchase to ensure that all purchased land are in the same location and not away from each other and if LandDAO splits their lands into smaller piece for easier purchase by Investors and with how much promise LandDAO seems to be showing, the price of their assets are sure to appreciate over time yielding them even more profit for the company.