1. Are you focusing on buying lands in the urban areas alone or in the rural areas alone or both?
2. Before buying lands from individuals or group of individuals, will your team come down to the local communities were the lands are situated, to determine if truly the lands exist and it's in same position that the seller said it is?
Buddy this questions are very much good and I think they needed it be answered too by the team. although when I was watching there YouTube video they mentioned acquisition of bulk lands and to me, If we should be talking about versed land, such land can not be found in the urban areas although we can still see few but with the look of things I think such quantity of land may not be available in the urban area where development has taken place already, I think such land can only be found in Rural communities.
With this plan of LandDAO this is an indirect and direct means of developing the rural areas also it help to discongest the urban city if investors finish doing the needful, another thing is that, investor that got interest in a locality where landDAO has already make this lands available for them to buy may decide to set up a company in the area and with what I know about local contents, there may be a quota of work force given to the locals, electricity may be made available for them to thats if they don't have any although depending on the agreement reached, with this project being sustained I think most African countries will experienced unexpected development like never before because there will be influx of investors once investors find out how helpful the blockchain technology could be, this will also make people to learn and know more about the blockchain technology especially in Africa.
Talking about land, I don't think it's only in the rural area you can find a large portion of land for this project. There are many regions that have vast land mass that can be used for this purpose so that investors can be able to purchase those lands with the LandDAO native token. Since LandDAO focuses on incorporating lands into real world assets, then the team might focus on acquiring lands in both rural areas and urban areas where lands are very cheap and affordable.
I think the initiative of LandDAO is to purchase lands in different regions so that investors can buy any of their choice using their native token, making it easier for expatriates to acquire land with the right document from the local authorities. This will save investors the stress of falling prey for scammers or land grabbers.
Investing in land has been a lucrative business for years now that could be much more beneficial to the people that are in such region. The purchase of lands might not take place only in Africa but the team might diversify to other continents so investors can have different options when acquiring lands.