Quote from: Wakate on June 02, 2025, 07:31:08 PM

Quote from: Zackz5000 on June 01, 2025, 07:49:51 PM

I still want to understand it though, instalmental would not be appropriate, after all we don't buy bitcoin in installments, or can't we?? A person doesn't need to buy 1 bitcoin, you can buy 0.5 bitcoin, and if 1 of LandDAO's token is worth a piece of land I wonder how possible it would be to buy less than 1 of their token, and if this is possible then could it not be considered as instalmental payment? I believe that to be able to get a piece of land you would have to own at least 1 token, but the token can be used for a range of other things, just like other tokens, it can also be used to trade on the crypto space and in this case I believe the token can be owned in values less than 1

I completely understand what you are trying to explain but you need to understand that this is not Bitcoin or any other altcoins projects you can buy as little as you can, even in units. I think you can as well buy in smaller units but the idea of buying a land in installment does not really sound like a real deal. Do you know that if you want to buy a physical land and you know that such land has high demand, do you think the sellers will agree with you to sell to you in installment? No! no one would want to sell their land in installment to you since they know that such land has a high demands from different buyers. Business is not done this way especially when it's a new one that has a huge demand with utility to make it scare with time.

Bitcoin and other altcoins are that way because it make purchase easier and buyers don't have to worry about buying at excessively expensive prices like with bitcoin right now where you need to have a relatively strong financial standing to buy 1 or more of it at once, I suppose Real World Assets don't work like regular crypto assets, because if they did then buying in units would be possible, buying in units rather than having to buy whole token would have been a really good idea, still I like the idea that they are going to make land tradable on blockchain, it opens up alot of possibilities for future land owners who would want land for private living of for various agricultural purposes, land purchase ultimately gets easier with LandDAO, people go through alot of hassle just to buy land, and in some places buying land is one thing, developing it is another, you will still have to get necessary permits from government agencies before the land can be developed but it seems LandDAO has the whole thing covered and buyers don't have to worry about such inconveniences with them.