RWA is one of the things that makes me feel bullish this year. I’m following a few RWA projects. Maybe LandDAO could collaborate with Unlockd. It’s kind of like liquidity providers for RWAs.
I’m interested in LandDAO, correct me if I’m wrong, so LandDAO gathers funds from members to buy land that will then be tokenized as NFTs and given to the members involved, right? Are there any other benefits offered to NFT holders, or is it just about capital gains?
Let’s say I join the fundraising and hold some land-backed NFTs. Can I actually get the land behind my NFT? For example, I own some NFTs of land in Ghana, but I want to own the land for real. Is that possible? And what about the legal permits for ownership, especially for someone who's not a Ghana citizen? Sorry for asking so many questions, but I’m really interested in RWA.
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!