[ANN] LandDAO - Your Gateway to Tokenized Land Ownership

[Futurexxx]

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.

[Lida93]

Yes. The Acquisition Sub-DAO Committee hires local lawyers and land surveyors to run due diligence and also register each land it acquires. Lands are all owed by the LandDAO legal entity

This is a very good approach from LandDAO it will help them to escape getting involved with lands that are on dispute because the local lawyers will be from the communities where they have the lands and involving them in the committee will help to get all the necessary things done and document for reference purposes. So far the lands are all owned by LandDAO legal entity there is nothing else to worry about when investors want to invest.

From scanty experience base on random discussions I had to enter with a lawyer friend who  practically work with some local real estate companies in my locale, he at times talks about how they get into a land dispute about a land that they made proper checking and due diligence as you called it before getting their company to purchase for a resell purpose. So what am I saying in essence, land disputes challenges can not completely be eliminated in real estate line of business. It's just about how the company in question is able to handle it when it happens, that's what does matters.

[Bushdark]

I see the demand for alternative investment opportunities and the rise of real-world asset tokenization have been gaining significant momentum in recent months.

Recently I have checked that LandDAO follows the decentralized governance principles, allowing DAO token holders to participate in decision-making processes related to land acquisition, development etc.

Is this project has potential to sustain in long term? Can we tokenize a part of land with the help of LandDAO?

The fact that big assets can actually be fractioned into small and little assets for one to be able to easily acquire  through the LandDao is indeed a relief to small and growing investors


There is currently no need for fear of not having enough to be able to purchase an asset of your choice since you can grow your asset and  tokenize it. all you need to do is to invest at the level you are and from what you are capable of at the moment knowing that as you grow you can always double your investments


In a system where investors can actually make decisions for themselves I think it speaks more of transparency and fairness as  no investor will consciously make decisions that does not permit growth so as to enable them make returns on investment

That's the more reasons people shouldn't be scared to get involved or invest in  projects like LandDAO as it will be advantageous for everyone to invest in their token that will be used for purchasing lands and other things in common.

The way I'm seeing real world asset projects, the  LandDAO team could make every necessary steps go smoothly and easy for investors to operate while selecting what land they want to own as there are many available options. I am thrilled to say that it's an absolute game changing project for every investor that joins the community.

[Ivystar5]

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.

[Y3shot]

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 use in finding which local lawyer is fit to handle the document.

In a case like this, I doubt if LandDAO will just see anyone in the area and choose to work with them. Every state has a land and housing ministry, as well as an urban and rural ministry. They may decide to go through these government ministries to make sure they do not go into the wrong hands. Just like me, if I'm to buy land in a location where I'm not from, I won't just decide to work with anybody I see. There are people who are in charge of land; I mean everything about land. These people work for the government. I think going through the government makes everything easy.

[Agbamoni]

This is what I've been agitating about because I know that project like this would have everything in place to make sure that their investors get the best investment plan without any unprepared circumstances leading to future problems that will make the team of the LandDAO community looks bad in the eyes of their clients.

Since the team has already put necessary things in place to help in the success of this project, I give them a kudos for this early move. I also like the idea that the team chooses different location so investors will have different options to select from the region available without any bias. The early planing is what is going to make LandDAO a successful project.

You know many similar project came with the same visions but most of them were unsuccessful while others are still in business but doing it the wrong way. This is the main reason why we need to be honest here and ask a few questions to be pretty sure, my goals and LandDao goals aligns with each other. An investor needs to be curious if not he might just get left out on latest development if there is.

Today I took out some time to go through the blog on their site. Have you joined the whitelist, if not this is enough reason why you should join - https://landdao.io/blog/. This article was shared on May 26. Good news is I have Joined so I will tracking the progress there and here as well.

[Obari]

@LanDao, I would have quoted you but the quotes were so much, so I just have to write directly on here,
Now regarding the land, it’s an inherited land with no government registration and all of that, I don’t know if you already extended to Nigerian but the land is in Nigeria, Eleme precisely which is one of the major cities hosting over 400+ companies(industrial companies and the likes) also hosting the Eleme petrochemicals company that specializes in production of petrochemicals and oil based raw materials.
If you’re interested, I think we can talk about the deal more privately and if you have an agent in Nigeria, then you can link them up with me for physical assessment and processing, I assure you guys that, the entire process will be one of your easiest and fastest buying process without hassle at a great and friendly prices if you’re going for much more plot size.

Secondly, I also feel very safe knowing that, you guys have some sort of physical legal binding for your acquired choice of lands as I’m sure you guys are already foreseeing the future and proffering solutions.

Hoping to get a swift and favorable response preferably through my pm if you find my proposal interesting.

[Promocodeudo]

Real world asset in a tokenized form sometimes is always doubted because the accountability is not guaranteed, if any form of issues arises the project wouldn't help heard responsible although they might want to help out in the situation just to secured the reputation and give the investor what he deserves I still do not have a clarity on LandDao basis of land acquisition. mind you if you get a land today, it could be taken away tomorrow by the indigenous people of the rural area but one thing I think gives me confidence on this is that rural areas are often free to transactions with than urban areas hence the acquisition might be simple and free.

Buddy i have gone through your right up I think some things you said here should come as a question to landDAO, atleast the team is here to give more light in areas you don't understand, things you feel should be done and some clarity you seek, buddy yea you're right where you said if one acquire a landed property today, such property might be taken away from him or her in the future I presume that's where landDAO has made it very easy going by what I read, landDAO already have a legal team and biding team that does the necessary things in terms making sure that the acquisition went through the proper channel, when I mean proper channel I just simply meant acquiring the land from the real owner with the necessary document signed so that investors with landDao wouldn't have anything to worry about in the future.

[Bushdark]

Yes. The Acquisition Sub-DAO Committee hires local lawyers and land surveyors to run due diligence and also register each land it acquires. Lands are all owed by the LandDAO legal entity

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 use in finding which local lawyer is fit to handle the document.

I never knew one of the team is here to talk about the project and enlighten us about what we should be expecting and all they have in plans for investors that will want to put their money into the project. It shows that the team are watching every conversations here so they can give an answer to our complains and discussion. I will like to know more about this project as soon as s possible.

Since LandDAO have everything in place for us that will like to invest in their land project or token, joining the community will make sense for me so I can ask more questions there. I will also do my research about this project to know more.

[Gentle_Soul]

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

[crypto mania]

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?

[Proty]

Before lands are tokenized by LandDAO they have gotten the necessary legal documents which contains all the necessary information concerning the lands because they buy lands in acres (large quantities) and they make use of the residents of the communities where the lands are located to do most of the jobs. Since the lands aren't small portion, before purchase are made a lot of verification must have taken place and and some of the community members who has gained employment under LandDAO because they always employe the people from the communities where they have plans to acquire lands will become their eyes in that community so they help them with other good information to ensure they don't pay money into the hands of the wrong person or people.

There are other technolocal measures to identify a land that is free from dispute which I can't mention since LandDAO may have it as their privacy and secrets of being ahead of other Real World Asset (RWA's).

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.

[mvdheuvel1983]

Since LandDAO have everything in place for us that will like to invest in their land project or token, joining the community will make sense for me so I can ask more questions there. I will also do my research about this project to know more.

The presence of their representative here in the forum has given me a stronger confidence because he will be taking his time to attend to most of the questions as this will give a better understanding to those who are curious to knowore about the services of LandDAO. Getting ready to accept the offer if they will likely add the interested members into their community I believe that will be a good thing for anyone who wishes to know more about the project and the good works they have been doing over the years.

A quick request, is there a way the company can adjust their policies a bit so that interested investors can start instalmental payments? A lot of people will love to be part of the investment but they may not have the money for the total package, this is just a humble request to LandDAO.

[Obari]

There are other technolocal measures to identify a land that is free from dispute which I can't mention since LandDAO may have it as their privacy and secrets of being ahead of other Real World Asset (RWA's).

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 .

@Mvdheuvel1983, I don’t think there’s anything private about a technological tool that would help a person or company detect a disputed land or property, and I doubt if LanDao would have that because if they do, then it will be of great advantage to them, from the little I’ve gather especially from the response from LanDao, it seems there customers and clients don’t have to bother over land disputes as they would do everything to avoid that but incase it gets to arise, they would be fully responsible(I think the LanDao term should also make this very clear as to know if they will be solely responsible for any physical land dispute or will be shared with potential partners?)

Employing indigenes doesn’t necessarily mean, there wouldn’t be dispute, and I think since they intend buying really large sun of lands from each particular region, then engaging the indigenes to help aid their work becomes a necessity but it’s a two way gain for the company, as they will be able to gather more information from them while they work on site and also make their works faster.

[GiftedMAN]

Employing indigenes doesn’t necessarily mean, there wouldn’t be dispute, and I think since they intend buying really large sun of lands from each particular region, then engaging the indigenes to help aid their work becomes a necessity but it’s a two way gain for the company, as they will be able to gather more information from them while they work on site and also make their works faster.

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.

Responding to the issue of land dispute which I believe can take place regardless of those working for LandDAO, it is the responsibility of LandDAO legal team to take care of any dispute arising as a result of the land but if it is what the community heads can take care of I believe the community through the help of the Community Liaison Officer (C.L.O) will likely communicate with LandDAO while they resolve it in the best way.

[Gentle_Soul]

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?

For me I think the right and appropriate thing to do is to follow due processes in the acquisition of land following the land act law because  one  should not buy a property and somewhere along the line someone comes up and start dragging your property with you or claim that the company has not completed the processes in acquiring that particular land


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 think LandDao should have there representatives in all the countries of there choice so as to enable them get direct access to the properties they are acquiring in a particular region

[Promocodeudo]

The way I'm seeing real world asset projects, the  LandDAO team could make every necessary steps go smoothly and easy for investors to operate while selecting what land they want to own as there are many available options. I am thrilled to say that it's an absolute game changing project for every investor that joins the community.

Yes off course going by what I see as, I think landDAO has shouldered all the inconveniences that would've been encountered by investors, so if am to to be right, what this means is that every investor is free come in and do business at ease with landDAO without any stress.
I was contemplating how landDAO will be achieving success in this project but when I read about how they got legal team and everything necessarily to acquire lands rightly with all documentation set that's when I just conclude that, landDAO has already done that needed to be done already so I think the is as good as a successful one already, what an easy way to get a tokenized land.

[Wakate]

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 use in finding which local lawyer is fit to handle the document.

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.

[Y3shot]

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.

[MainIbem]

Yes off course going by what I see as, I think landDAO has shouldered all the inconveniences that would've been encountered by investors, so if am to to be right, what this means is that every investor is free come in and do business at ease with landDAO without any stress.
I was contemplating how landDAO will be achieving success in this project but when I read about how they got legal team and everything necessarily to acquire lands rightly with all documentation set that's when I just conclude that, landDAO has already done that needed to be done already so I think the is as good as a successful one already, what an easy way to get a tokenized land.

As pioneers of land tokenisation since LandDao would be able to tackle all the inconvenience or obstacles that might be encountered by customer it makes lots of sense to me now cause I was wondering how they'll be able to do that especially in the African continent where land always bring disputes among people, it's good to hear that they've already set aside legal teams I different regions that would follow due process to ensure they the appropriate lands from original owner with proper documentations, it shows that they're ready to storm the market and grab the customer from other real estate agencies that are yet to integrate the use of blockchain technology into their business, with that being said, I think LandDao would be able to mobilize a very large community on the long run.