As someone who wants to invest in Real Estate in the future i feel more secured investing in tokenized land. Although i keep asking my self one thing, has LandDao explored any partnerships with legal real estate firms in each of the countries they operate? I am also curious about the legal frameworks backing the tokenized land. What jurisdictions are they operating in the country, and how are ownership rights protected across borders apart from smart contracts? In case of community dispute, which legal body takes things in control. I know the blockchain side is settle but let us be realistic, most land especially in African rural area are bound with long term family dispute in case of things like that arises what will be the subtle approach for LandDao to ensure everything goes secured? This information will really be helpful for an investor like me.
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?
I really did not get the exact answer to that question though, hopefully the LandDao team will help elaborate more on that part. It will be wrong if there is no smooth way of viewing the lands he wants. But i guess, LandDao is not acting as a third party between the investors and the land owner. I think they plan to buy those lands, so if they buy the land an investor is buying directly from them. Meaning the contracts will be between the investor and LandDao.
For cases people have to rebuy lands in the environment where you stay, that will actually be different when you buy with LandDao, because the issue will be between the previous land owners and LandDao. The investor will be left out of it. However, i believe nothing in that nature will happen based on the assurance from LandDao.