I have to commend Land DAO for this massive innovation, it's really hell buying lands especially in Africa with the traditional methods, the process is hectic and not transparent, there are cases where you can be giving fake documents and receipt, but with the blockchain technology, things are transparent and secured.
Although I have some few questions.
It's said that if you purchase a land you would be giving tokens, where are this token stored? And does this token rise according to increase in price of the purchase land or on the growth of Land DAO as a platform?
Question 2, according to what I have read about the project there are two types of land: residential and agriculture farm land. As an individual I am also into agriculture how do I get involved in the agriculture farm land?
Must I have to own a company to be able to invest in the agricultural farm land, it would make sense if individuals can choose which they would want to invest in.
When you purchase land, it is tokenized as a RWA which is stored in your crypto wallet. The rise in the price of the RWA is independent of LandDAO’s growth; it is tied solely to the value of the underlying land.
what about all problems with regulatory approvals? LandDao is not the first project that try to implement blockchain for land ownership but literally all of them failed because of the lack of proper regulations around the world.
I don't share these projects names to not advertise them but i followed few years one of first projects that tried to tokenize buying/selling in pieces properties and until today this can't be done because there is lack of regulations around the world
so before I will dive deeper want to know about getting regulatory approvals in various jurisdictions and if something changed in this topic recently?
LandDAO has a dedicated legal team that works closely with local authorities to obtain all necessary approvals.
Are there any restrictions on which countries can purchase land? Where can I find a list of available lands to buy? Are we on this stage already?
There are restrictions for residents of certain countries this include the USA, Singapore, Ghana, North Korea, Iran and Somalia. Citizens and residents of these countries cannot buy lands on LandDAO. Available lands will be listed on the platform in phases, First announcement will be made shortly
A decentralized autonomous organization (DAO) focused on real estate or land-related activities, leveraging blockchain technology for its operations? This is a revolutionary project and possible to make a scratch in the crypto space. Do they plan to conduct an ICO or TGE in major exchanges? what is the tokenomics of $LAND?
Yes, LandDAO plans to conduct an IDO. The total supply is 1 billion LandDAO tokens with various allocations for land acquisition, team, and treasury.
I have never tried to invest in land. How can I be sure they are real, and what wallet can be used for transactions that team recommend?
It's available in different parts of the world and tokenizing land ownership is great idea, so it caught my attention.
The team will provide specific details on this later
So it is RWA?
I have been involved in some RWA projects including Realio Network and Propchain. So how will LandDao going to compete with these RWA projects?
LandDAO differentiates itself by focusing solely on land tokenization instead of residential or commercial properties. This specialized focus gives it a unique edge compared to broader RWA projects like Propchain or Realio Network.
You somehow understand the concept of LandDAO, but you misunderstood the concept when you added NFT because the concept of LandDAO is to convert land rights into digital assets on the blockchain. It is just like investing in a virtual diamond, which is represented and managed on a blockchain by a professional organization.
Furthermore, I believe the concept was introduced to create an innovative financial solution in the cryptocurrency ecosystem where the volatility of the market always leads to uncertainty and fluctuations of price, while the LandDAO team also bridges the gap between blockchain technology and traditional/physical assets.
About the gain or benefit, it is just like investing in a BTC ETF where you invest in BTC.
That's what I believe this project is all about based on my findings
That’s a good analogy, but that’s not exactly what I meant. Again, correct me if I’m wrong, LandDAO works like proof of fractional ownership of land bought by LandDAO using funds gathered from investors. I see LandDAO having great potential, not just for retail investors but also for institutions.
Simply put, let’s say I buy some LandDAO NFTs, but I want to use my portion of the land personally, like building a house or something. Can LandDAO make that possible?
This is just a small example. Now imagine a big company, maybe a big property company, that buys a majority of LandDAO NFTs and wants to develop something on that land. Because I believe RWAs, especially in land and property sector, are such good businesses that everyone wants to tap into.
Yeah, you’ve got the basic idea of LandDAO. They pool funds from members to buy land, which gets tokenized as NFTs and distributed to those who participated. But it’s not just about capital gains. Depending on the project, NFT holders might get other perks, like rental income or even a say in decision-making.
As for actually owning the land behind the NFT, that’s a good question. It probably depends on the laws in the country where the land is, like in Ghana. Non-citizens might face restrictions or need extra permits. So, you'd have to look into how the project handles legal ownership. Definitely worth checking out how they make that work!
If LandDAO NFT holders get other benefits like you mentioned, that would be really interesting, especially rental income. Let’s say the DAO members decided to rent out the land or build residential properties and rent them out, that would definitely be very profitable.
Yes, LandDAO allows RWA holders to take physical possession of land parcels, subject to certain conditions and processes.
I'm interested in understanding more about how fractional ownership operates on the platform. How does the process work for buying and selling shares of land? Additionally, how are profits from land appreciation distributed, and what are the key steps if a member wants to take physical possession of their share of the land? It would be great to get more details on these aspects! Aside from that, who are the team members running this?
Good questions. LandDAO will share specific details for all these questions later
Why hasn’t RWA tokenization exploded yet?
I mean, with growing recognition of blockchain's benefits, I’m curious why adoption for RWA tokenization remains relatively low. Does anyone have insights on the current challenges? How can these barriers be overcome? And with players like LANDDAO emerging, could they help drive greater adoption?
A major challenge in land tokenization is dealing with regulatory hurdles and land disputes in emerging markets. LandDAO addresses this with extensive due diligence and partnerships with local experts to ensure smooth land acquisitions.
