Buying land in the real world is like a dream today as it is a tedious and time-consuming process. However, Landshare has an idea that could change this. With this platform, any user can buy land and trade it as required. Additionally, the properties can be rented and a monthly income can be gained.
Landshare is a platform that provides easy conversion of land into fully tradable digital assets. One can start investing for as little as $50 and benefit from the property appreciation and monthly rental income. This income is sent directly to the wallet of the user each month.
This is not the only benefit of trading the land through Landshare. It even provides DeFi features which adds up security and transparency. It also includes auto-compounding and play-to-earn NFTs and the upcoming loan protocol.
Team Behind Landshare
The Marketing and the core development team of the platform consists of CEO Jordan Friske, Director of Marketing Travis Martin, and Lead Web Developer Sumit Sharma.
Jordan Firske is a lead blockchain developer with an education in computer science and went to join the U.S. Air Force. There he received training in cyber security, marketing, and network traffic analysis.
Travis has 6 years of experience in cryptocurrency investment and market analysis. Apart from being the director of marketing, he used his experience in trading as the primary asset manager for Landshare.
The web development is led by Sumit Sharma and his team consists of stack developers and UI/graphic designers.
Mission Behind Landshare
This alternative to traditional land buying is built to bridge the gap between DeFi and the real estate industry. It was launched to make the real estate industry accessible to everyone around the world. The easy and transparent functioning will eliminate the barriers to traditional real estate investment.
Hence, the main aim of Landshare is to enable easy access to land without any hassle of paperwork and other difficulties.
Future of Real Estate Investing
Real estate investing is beneficial but has its difficulties. The rapid growth of DeFi has shown the world the future of financial Investment opportunities for millions of people all over the globe who do not have proper access to traditional investment forms.
Traditionally, the real estate industry is full of difficulties for common people. It involves paperwork creating barriers in further proceedings for the majority of the population. Landshare will change that by facilitating the easy availability of the property, without any hassle and through fast and transparent trading.
Houses offered through the Landshare tokenization process are not virtual but real-world properties.
How does it work and how to buy the assets?
Landshare works by the tokenization of assets. In this, the asset tokenization is represented by tokens on the blockchain. Any user becomes the co-owner of the company by holding the tokens. The tokens are legally equivalent to traditional ownership units.
This means that the user gains the rights of shareholders or members outlined in each property’s operating agreement.
If the user is interested in buying, the dashboard of the app shows the available properties. Fill the Know Your Customer (KYC) and swap for asset tokens all in one place. If the initial offering is complete, tokens can be purchased from DS swap.
The asset tokens are considered as securities as KYC is required to purchase them and certain geographic restrictions are there. For instant liquidity, the user can trade the asset tokens on DS swap.The OTC trading feature is utilized for larger trades. The direct trading price of OTC is determined by the sole discretion of Lanshare. It reserves the right to determine requests for any reason.
What are the Advantages of Utilizing the Landshare platform?
The common advantage that is visible to everyone is that it avoids the difficulties associated with traditional real assets. All the hassles like the paperwork, tedious time-consuming procedures, and high costs, are avoided. However, some of the unknown advantages which it offers are listed below.
Auto Compounding: It is the main feature of Landshare. The term simply means that the income is compounded automatically. However, the user has to gain eligibility to receive auto compounding. The user must hold 25 asset tokens across all the properties.
This means that if the user holds 10 tokens in property A and 15 tokens in property B, then he is eligible for auto compounding. It is implicated in all the properties. The rental income from all the properties is compounded and the team reserves the right to select which property tokens the user will receive.
Real Estate NFTs: These are the 3D models of the real-world properties sold on the platform. The NFTs are used to multiply the yields of the real estate asset by granting additional Landshare token rewards.
Anyone can buy the NFT and start using the NFT ecosystem with only 1 asset token. However, to get a newly minted NFT the user must purchase at least 5 asset tokens. The NFT ecosystem has a bonus for staking > 25 tokens.
Landshare token and its Current Market Analysis
The landshare token is the native utility token of the platform. The value of real estate is not represented by this token.
The data of CoinMarketCap shows that it has a market cap of $3,117,337. The volume of the token is $167,703. The token has a circulating supply of 3,886,510 LAND. It has a total supply of 3,911,084 LAND, the maximum supply of the LAND token is 10,000,000 LAND and it has a market cap of $8,024,106.
The token is available at Apeswap, Pancakeswap, and Gate.io
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
Source: https://www.thecoinrepublic.com/2024/01/07/landshare-convert-properties-into-digital-assets-with-ease/