Exactly, the addition of blockchain technology to their project means that they'll offer a high level of security, investing in real estate with a normal agency that trust worthy and transparent seems safer lately, talk more if an agency like LandDao,
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anyways investing in urban areas would be much more costlier so more people would be attracted to investing on lands at a cheaper rate in underdeveloped areas
since the assets (lands) are now been represented on blockchain networks using tokenisation, where ownership is encoded as digital tokens, I believe LandDao will mostly be going for more rural area than urban areas, because of the long potential.
For now, I don’t think the LandDao team are focused on any specific area at the moment what matters to them if I’m not wrong is getting good and vast land be it either in the rural or urban regions.
Regardless of where the land is, what really matters is that, the purchased land is free from all forms of dispute and have all the necessary legal backings.
Regardless of how much a land might cost, as a smart investor, what truly matters and what is really looked out for is how much a property will generate and how soon it will generate this profit and anyone who is into the traditional real estate would prefer to buy in urban areas because it has more potential to generate profit faster and it’s more easier to sell lands in urban areas as compared to lands in rural areas.