[ANN] LandDAO - Your Gateway to Tokenized Land Ownership

[Agbamoni]

In other words, it's the land linked to the NFT's that gives or determines the value that is inherent in each of the NFT's. What a way to invest digitally. For the fact that land hasn't been known to depreciates in value which could have been a thing of concern to both clients and the firm (LandDao) themselves, it therefore cancels every forms of a fear of these NFT's losing their values at anytime irrespective of how long a client will wants to hold the land to later sell in future. That's very impressive!

The land depreciating or appreciating isn't a problem at all. Honestly, in my country I have never heard of a land depreciating in value. Instead it increases over time, meaning it increases exponentially in some major areas. LandDao don't search for land in any places. Like what they said, they are interested in lands for agricultural purpose and development purpose (industrialization). These two criteria's must be met, so they look for the most suitable areas this can take place. Which is Ghana in Africa was a target area.

[Joy- maker]

exactly mate i hope same too, because if landDAO  involved land agents to their business in the future they will eventually destroy the good relationship between the company and their clients. most of this land agents are not to be trusted they always do things the way it pleases them, without even caring if what they are doing will spoil the image of the company. I hope landDAO representative will look into this and I provide us with some reasonable responses.

[Wakate]

exactly mate i hope same too, because if landDAO  involved land agents to their business in the future they will eventually destroy the good relationship between the company and their clients.

I think the team already have everything in place to make this project a successful one without the help of external person or agent. If you take a look at the website, there is enough information there that can sensidize you of how prepared the team is and the necessary things they have out in place to ensure that the community and investors benefit in a long run.
The team already knows how to check for the authentication of a land wether it's well documented by the government or not. Since Ghana is their first region of focus, they might have contacted the right authorities for land purchase and future safety.

[mvdheuvel1983]

I thought as much because they have already stated they are not ready to go for land that will cost them much amount of money. I know Ghana to be one of the most peaceful country in Africa and it has became the target to every investor. This is what I think though , but I know they might also have their own good reasons for Ghana. Ghana has a large vast of land unlike some Africa countries that are surrounded with islands.

I don't think LandDAO choose their establishment in Ghana just because of the cost of lands in other African countries rather I think the choice of Ghana could be as a result of their low rate of political crisis, availability of vast lands that has been already registered in the right government agencies which LandDAO will find it easy for document, the ability of the country to accommodate foreign investors and the easy land ownership laws in the country etc. For a project that needs a peaceful investment area choosing Ghana should be their best choice it they have the qualities that LandDAO needs to give their business a very good recognition.

[Gentle_Soul]

I carried out few research on landDAO and I came to understand that the landAO project  assure their customers direct buyer/seller process without any intermediaries. on like our normal local selling/buying of lands where you have to pay some unnecessary fees before you can sell  or  purchase a land, because most of the lands are not from direct seller/buyer but here come landAO to eliminate those intermediaries, allowing for better profit for sellers who want to sell their lands without been mandated to pay some certain fees before selling/buying of land can take place. one again nice to have you here landAO a very nice project.

LandDao offers a truly effortless means of acquiring an asset it's more like bringing it to ones doorstep from the comfort of your environment or location.

All one needs to do is look at what it has to offer and jump on the investment because I mean there more in just buy a property in LandDao . Some reasons for doubt that people usually have in the process of acquiring land is been cleared out with the  LandDao project . Personally I see a future in LandDao and I kind of picture it 5 years from today.  And I see amazing things going down

[Hazink]

...... Buying landed properties through smart contracts is quite a good innovation and as a matter of fact, it makes owning of assets and investment very easier for investors all over the world irrespective of where you come from but I think the team should explain to us how they would handle the government aspect of this purchase of properties because in some countries, .....

If you read the content files of this project, here it is: https://app.landdao.io/content/files/0264535b-3c07-11f0-b12c-b22f9a8cfc30.pdf You will find out that LandDao has a team that handles all land acquisition, and this team's members are some indigenous people from the location where the land is, and this makes it very possible that all processes are followed and government bodies are involved, and hence all issues required by the land system are settled before it is integrated into the blockchain. If it's not well processed, it won't be included and can't be out for purchase.

[LandDAO]

Ok let me ask you, if you purchase a land legally in your locality, everything pertaining to ownership is transfered to you, the rest decisions is left for you wether to start developing the land or start using it for agriculture, so even if you decide to give it out for rent,  it's your business because it's now yours.

No need to ponder on this question because it's self explanatory, once you have completed your payments which is the thing that makes you the owner of the property, pending when your documents will be fully documented the land automatically becomes yours and you decide what you want to do with the land.

If you decide to start using it for agriculture I don't think LandDAO will stop you since you are now the sole owner of the property but it the agreement says you can only develop the land and not engage in any agricultural practices, then the investor must abide by the agreement.

LandDAO doesn’t operate like a traditional real estate company. You’re not purchasing land directly, but acquiring NFTs governed by DAO rules and smart contracts.

I have been having this thought of asking the team this question. Maybe it might skip others and I also believe people out there would want to also know about this aspect of ownership of properties through LandDao concepts and tokenization.
Buying landed properties through smart contracts is quite a good innovation and as a matter of fact, it makes owning of assets and investment very easier for investors all over the world irrespective of where you come from but I think the team should explain to us how they would handle the government aspect of this purchase of properties because in some countries, the government must be involved in such purchase so as to get a C of O to that properties and other activities which involves the government which must also be met before there is a change of ownership. How will the LandDao team handle this and integrate it into the smart contracts so it can be recorded onchain.

Great question. LandDAO works with local custodians and legal structures to ensure compliance

[Gentle_Soul]

That makes sense, and I believe LandDAO will provide credible platforms for the sales of their asset if they don't own their own platform already, which I believe would guarantee the security of transactions ...

Talking about LandDAO providing a credible platform and also guarantee the security of transactions solely depends on if the company has licenses since they will be issuing tokenized security.As a result of this they will  have to obey rules and regulations that has being put in place by the government of the country they operate in other to protect investors which means they will definitely need s to understand this rules and regulations in other to be able to obey them .so for this to work out the company must be licensed if not all this security stuff can't be achieved.

The security of this tokenized real word asset is what I think must be a reason why LandDao will definitely get to greater heights because if security is guaranteed then fear of investors losing there investment is not a problem so people can invest at ease without fear of fraud or losing there investment

 For a project like LandDao I think all necessary due processes are taken seriously because that's what guarantees trust on the part of the investors

[adultcrypto]

Edited out

Great question. LandDAO works with local custodians and legal structures to ensure compliance

I'm happy to know that you have a representative in the forum that is active to engage in the discussion on this thread. I asked a question yesterday which was not answered yet so I want you to clarify that because it is important to me as well as other potential investors who might be looking at investing in this project. The question was on the aspect of the liquidity of the NFTs. How will the team ensure there is liquidity for those who might be willing to cash out their investment because believe it or not, some people might want to take profits at some point. If there is assurance of liquidity, investment in the project will not be difficult for any smart person to consider.

[CryptSafe]

I have been having this thought of asking the team this question. Maybe it might skip others and I also believe people out there would want to also know about this aspect of ownership of properties through LandDao concepts and tokenization.
Buying landed properties through smart contracts is quite a good innovation and as a matter of fact, it makes owning of assets and investment very easier for investors all over the world irrespective of where you come from but I think the team should explain to us how they would handle the government aspect of this purchase of properties because in some countries, the government must be involved in such purchase so as to get a C of O to that properties and other activities which involves the government which must also be met before there is a change of ownership. How will the LandDao team handle this and integrate it into the smart contracts so it can be recorded onchain.

Great question. LandDAO works with local custodians and legal structures to ensure compliance

It is nice to hear that the government works with local custodians and the government agencies to make sure procedures are followed and measures are put in place to properly acquire and secure properties being purchased so that in the future, there would not be any legal issues because that is one of the things that scares investors when it comes to purchase of properties on countries they have not been to. I believe your response would clear the air and give investors who see this the courage to invest in the LandDao project.

[Joy- maker]

I don't know why LandDao haven't included Nigeria yet for their choice of location for business, maybe it's due to the security issues in our country, I might be wrong though but i believe that if LandDao finds a secured location in Nigeria maybe they would consider doing business there in the future or near future, hopefully in the second phase of their project if the first one goes smoothly. 

I was having same thought too, why landDAO haven't yet included Nigeria  for their choice of location for business, but I don't think if it is because of the security issues, because all the countries landDAO have choosing for their choice of location for business are all facing security issues just like Nigeria. maybe they are still working on including Nigeria for their choice of location for business, well am just speculating not really sure if they are working on that, I hope landDAO representative will give an answer to this so that we all can stop speculating and know the actual reason why Nigeria is left behind.

[Odohu]

...... Buying landed properties through smart contracts is quite a good innovation and as a matter of fact, it makes owning of assets and investment very easier for investors all over the world irrespective of where you come from but I think the team should explain to us how they would handle the government aspect of this purchase of properties because in some countries, .....

If you read the content files of this project, here it is: https://app.landdao.io/content/files/0264535b-3c07-11f0-b12c-b22f9a8cfc30.pdf You will find out that LandDao has a team that handles all land acquisition, and this team's members are some indigenous people from the location where the land is, and this makes it very possible that all processes are followed and government bodies are involved, and hence all issues required by the land system are settled before it is integrated into the blockchain. If it's not well processed, it won't be included and can't be out for purchase.

This comment is so assuring and removes a lot of fears I had about the possibilities of disputes related to the lands. My interest is mostly on the digital aspect of the project which is the tokenization and how to profit from it but knowing that the real world asset (which is land) backing the digital asset is real, authentic and verifiable gives some level of assurance. It is just little thing I'm trying to connect about this project to be fully in since I'm already convinced about the feasibility and viability. As the discussion continues, I'm sure I will be able to figure that out.