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?
Tokenizing land ownership is not a new trend and I think the NFT market still worth some billions of dollars which i hope will appreciate with time as the price of cryptocurrency keeps surging. I still hope to involve myself in projects like this one where my investment can worth something reasonable within a speculated timeframe. I don't know how profitable this project could be but I hope that it will be something worth investing, now that we are expecting the bull trend to fully function.
Yes, tokenization is not something new but has a lot of flaws, which is the reason why most real-life asset tokenization projects are not successful. According to what I have read about LandDAO, they seem to solve the tokenization space's flaws, and that's why they introduced an innovative financial solution for uncertainty and fluctuations in the cryptocurrency ecosystem.
Do not forget that anything can be tokenized(land, art, car, house etc) so that investors can have access to their investment allocation.
It can be in terms of digital currency registered on the blockchain to take records of every transaction so every investor can access there allocation. The top reasons why many investors tend to consider real world assets as an option is to make profits with minimal risk, without taking part in the security and management of such asset.
Yes, every valuable asset and vehicle can be tokenized, but it's always a wise choice to go for a project that tokenizes an asset that will always appreciate in price, and land is one of them.
Having said that, the major reason investors choose real-world asset tokenized project is because they breaks down financial barriers while also allowed investors to be fractional ownership of traditionally expensive assets.