Yes, correct. LandDAO buys full parcels of land, and each parcel is represented by a single, indivisible NFT.
Thanks for the clarity! This is now understandable from the angle of how the worth of a land will be tokenized so individual buyers will know what they want and how much it worth.
- LandDAO prioritizes parcels that can be surveyed, registered, and tokenized cleanly...
This means the team buys lands in larger quantities, mostly lands that have genuine government documentations before tokenizing them so that individual investors can buy as much as they want in a form of non tangible token. At least this will help to eradicate any form of land dispute in the future and make the project more realistic and investors oriented.