Quote from: MainIbem on May 30, 2025, 04:58:03 PM

Quote from: Hazink on May 30, 2025, 05:55:28 AM

Quote from: GiftedMAN on May 29, 2025, 06:10:39 PM

For someone who is buying lands from LandDAO you have every right to engage in physical verification and confirmation of your lands of you are not convinced with the use of GPS to track the location of the land. You also have the right to send a representative to confirm the lands on your behalf before involving your surveyor and legal representative to document it.
You have got nothing to fear before purchasing land from LandDAO because they have legal documents to all the lands they acquire.

If I'm purchasing land from any real estate company or LandDAO or whichever party is involved, I won't have to talk about the physical visiting of the land much, because I know that I can always hold them to make provision for what I have paid for, but in cases where such parties or companies are the ones to be buying from rural areas or I myself am buying from rural areas, physical assessment is important just to be sure that what you are paying for and registering is exactly the same way that it's described before it can be added into where it could be easily tracked.

LandDAO is a digitalised real estate firm with an integration of blockchain technology so i believe that security would be a huge part of their priority to enable them satisfy their customers, I also believe that they'll help customers keep track of every land purchased through them, that why they won't purchase lands with family or community dispute that would later affect customers on the long run. My own question for the management is that, would their be any form of referral program to attract more customers, or what ways would LandDAO use to attract their customers and what form of appreciation would be given to customers or those who refer other customers to the project?

None for now. Any referral or reward systems will be announced later.

Quote from: Obari on May 30, 2025, 05:29:21 PM

Quote from: Proty on May 30, 2025, 10:55:59 AM

Quote from: Obari on May 29, 2025, 05:56:28 PM

Quote from: Agbamoni on May 28, 2025, 02:21:07 PM

~snip~

I don’t know if you’ve gotten the right answers to your questions because you asked really great questions that caught my attention and as an aspiring land investors, who also queues into the vision of LanDao, I think aside the backups from blockchain, are there any physical legal backups to these physical land acquisition process? Because I’ve seen cases where people have to rebuy the lands they already bought because of some certain dispute and you’ll trust me that, no wise investor would be glad to pay twice for one investment and as such, I also would want to know if there are any physical backups in the areas LanDao wishes to explore and in cases of family dispute, who is responsible for the losses of there be any?

Talking about physical backups I don't really quite understand you what you mean by that.I believe actually real estate through real estate tokenisation companies like lanDAO should be one of the Safest means of acquiring real estate properties since Blockchain is involved and I also believe that there will be other legal documents to attest to investors ownership of the property acquired.
The main reason why most Will be talking of possible is because of they don't have knowledge of what Blockchain is and such trusting the whole system will become and issue to them however if they are enlighten in that direction I believe the fear of losses will not be there.

Well, I already have basic knowledge of of cryptocurrency and blockchain but frankly, I wasn’t talking from the perspective and angle of an investor, what I mean is incase there are dispute that might arise along the line for the physical assets (land) what would be the fate of the investor because judging from what I’ve read so far, the NFT that will be given as some form of ownership of physical is dependent on the physical asset and now will the value of these NFT be affect by these physical dispute?
Now there’s another case scenario I want us to look at, there was this real estate company that came to acquire lands in my local community and trust me, they bought very large parcels of land(can’t estimate but trust me it was massive) and there was these family they got about 27 plots from(rumored) and since the land was inherited from their late father, the elder son was supposed to be in charge of the land until been shared but unfortunately their eldest son wasn’t around and wasn’t reached for over 8 years and since nobody knew about his way about, assumed he might be dead and had to move on with life, and sold the land to the real estate company but one way or the other, the lost eldest son got to hear about the news and came back home about 3 years after the land was sold and was demanding for explanation as to who sold and who bought the land, now stories had it that, an embargo was placed on the land for years while the case was in court, there by pausing the activities of the real estate and now, trust me the real estate at this point suffered more of losses than the family which no business owner will be happy about.

I just came around a post by LanDao that they already have plans of physical legal backup and not just the blockchain since the business has to do with both physical assets and digital tokens.

LandDAO avoids disputed lands by conducting deep legal and community checks before acquisition.

Quote from: Futurexxx on May 30, 2025, 06:00:53 PM

Quote from: LandDAO on May 30, 2025, 04:04:44 PM

Quote from: 7juju on May 27, 2025, 10:44:57 PM

After going through your educational materials on YouTube, and in your website, I find your project quite interesting. But I have questions and I will like more clarity on them.

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?

1. LandDAO mainly focuses on buying large parcels of land, wherever they may be, in rural or urban areas.

Am just curious, since landDao only buy large parcel of lands, in a situation whereby they wish to buy off a large parcel of land but it's not own by a single person or group of persons, will they go ahead with such plan?

And if they will go ahead, and everyone agree with landDao to sell off at a certain price, but their is a single individual that his land is just like in the middle, but he vow never to sell, how will such a situation handled? because I am very certain that their are stubborn individuals like that all over the world.

Quote

LandDAO currently does not support installment payments. As with most NFT purchases, land-backed NFTs must be purchased in full at the time of transaction.

If landDao doesn't support installment payment plan, don't you guys think that it's only going to favour the rich?
Because the best thing in my own opinion is that it should be done in a manner that everyone should stand a chance of acquiring a land through landDao.

- LandDAO only purchases land that can be legally consolidated and registered. If ownership is fragmented and cannot be unified legally, LandDAO will not proceed with acquisition.
- LandDAO avoids these scenarios entirely. They do not acquire land if it cannot be fully secured and registered without future access or boundary risks.

Quote from: Ivystar5 on May 30, 2025, 07:18:37 PM

Quote from: LandDAO on May 30, 2025, 04:04:44 PM

Quote from: Y3shot on May 27, 2025, 09:57:13 PM

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?

No. Lands on LandDAO are real lands. LandDAO deals only with asset backed land NFTs. Each land NFT on LandDAO will represent a real standard size plot of land in a given NFT land collection.
All lands on LandDAO are backed by real-world asset. LandDAO is using NFTs to bring land on-chain"

Oh, never knew it would be backed by an NFT which means if the NFT if grows in price on the on-chain would also make the asset to increase in price when bought, like would the asset price be measured by the price of the NFT when bought or would it also remain the same while the NFT grows in the market which is a double profit for the buyer who bought the land on on-chain?

If yes, that means it's not just a mere investment or real world asset as other project that I have seen before, but however the uncertainty of volatile nature of tokens wouldn't that affect the investment ? because price of land could be growing in real life when the backed NFT price is decreasing! so how do you intend sorting out the differences.

- Land value and NFT price are linked, but may not always move at the same rate.
- Unlike utility tokens, land-backed NFTs are tied to a real-world asset. Volatility in the broader crypto market may affect trading activity, but the underlying land value provides a price floor.

Quote from: Gentle_Soul on May 30, 2025, 08:47:42 PM

Quote from: Obari on May 28, 2025, 01:01:02 PM

Quote from: Y3shot on May 27, 2025, 09:57:13 PM

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.

LandDao has an interesting feature which I so much admire, the fact that one can actually buy a portion of land and become a co-owner with other investors. Does this imply that a portion of land for example can be fashioned into fragments and one can buy a certain fragments in digital asset?

However with what what LandDao offers , I think a person can actually sell his own share of the asset if he wants because I feel like it's more you are buying a share of the percentage profit of your investment thereby getting returns on investment

Land tokenization is one feature that allows for multiple investors own a particular property because when a property is broken down into different levels of investment it gives room for more investors and to me it makes it easier for to invest at ease

No. Each NFT represents one whole, indivisible parcel.

Quote from: crypto mania on May 30, 2025, 08:51:40 PM

Quote from: LandDAO on May 30, 2025, 04:04:44 PM

snip

Happy to see official member of LandDao thread, this is always good to receive clear answers and support directly from the Team.

There are many questions because this is something totally new for all of us

I still keep thinking about such case if someone will buy all NFTs from some land and will be the only owner, will it be possible for him to take it out from the market and got all oficcial papers for example to sell it further or to build on it rental properties or hotel, any anything else.

Will there be a possibility to have it owned by individual legally?

or all lands will always stay tokenized and if yes then what will happen later, what if there will be someone willing to buy and build on it, or use it for any thing else?

will we be able to benefit from that if for example it will be rented to some company and they will use it as a parking for cars or to setup a open storage for something?

Yes. LandDAO plans to launch a "physical possession module" in later versions (LandDAO 3.0), allowing full NFT holders to apply for legal possession and use of the land, including building or resale, subject to compliance.