Post
Topic
Board Tokens (Altcoins)
Re: [ANN] LandDAO - Your Gateway to Tokenized Land Ownership
by
LandDAO
on 30/09/2024, 10:19:28 UTC
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.