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.
When they said people could buy in portions, I think they meant 1 person per amount of portions they need and not different people buying a particular portion of land, it makes no sense since it would bring dispute among buyers and even ruin the reputation of LandDao on the long run, the question should be, how many portions of land should be assigned to a particular buyer? Can one person buy only one or more than that? Also I believe that if someone decides to sell their land they'll have to go through LandDao which would stand as a third party or even though the person has someone has a buyer interested, the buyer would need to register with LandDao to be able to buy that particular land, well I might be wrong though but I believe the management would correct me if my statement doesn't seem right. Also, based on your second question I believe that the management would make it known to the public when there's an available land regardless of the quality.