...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?
No. Each NFT represents one whole, indivisible parcel.
Please let me understand it correctly
LandDao Team will buy some land and this hall parcel will be tied to single NFT token which one can buy on open market created for this purpose, correct?
or will this parcel be divided into many smaller once and this is how it will be sold as NFTs?
Yes, correct. LandDAO buys full parcels of land, and each parcel is represented by a single, indivisible NFT.
I spoke about the issue with traditional lands and haven’t gotten any response from the @LanDao team specifically about it and my curiosity is on the issue with acquiring traditional lands(irregular land shape ) or are the team only focused on buying square and regular shaped lands?
Also I have a land directly under my mandate to sell and is a family land and at the moment there are no legal bindings except for deed of conveyance and I also went through the LanDao site and it seems the land sell procedures on the LanDao would only favour someone with government registered lands.
There are people that own lands that are not government registered especially in rural to urban environment and maybe don’t even have access to the LanDao site, eBay’s the hope of persons like this?
- LandDAO prioritizes parcels that can be surveyed, registered, and tokenized cleanly — which often favors clearly defined plots, though not necessarily square-shaped.
- LandDAO only acquires government-registered land to avoid legal disputes and ensure clear title. If a land cannot be formally registered with the national authority, LandDAO will not purchase or tokenize it.
My first time seeing this project and good to know that it was launched last year. TBH, this project interests me and I want to be involved in this project. It is a good idea and a very rare one with an unexploited niche. I would need some clarification as time does.
...LandDOA pool funds from its members to purchase large acreages if lands in targeted regions...
Which are the targeted areas?
African, Asia or where?
I saw that Ghana is the first area of interest, will the project continue to develop in Ghana or expand to the neighbouring African countries?
Yes, Ghana and Portugal are the countries LandDAO will focus on initially. Although, there are plans to expand to Kenya, Namibia, and parts of Europe
Am just curious to ask, in my location in the niger delta, Nigeria to be precise, most of the lands in the riverine areas are rivers, then it will later be sand filled before owner of the land start doing what ever thing they have in mind on the land, so I wish to ask, will landDao willing to go true such stress of sandfilling a riverine landed area if they encounter such in the future, or they will turn down such opportunity, because to the best of my knowledge, lands like that are always of greater value due to the region it's located.
So will landDao willing to go through such stress or they will pass on, on such opportunity?
LandDAO would avoid areas requiring expensive preparation.