Landshare is excited to launch our NFT ecosystem, the next major step in our goal of Bringing Real Estate to the Blockchain! With your real estate NFT, you can earn additional yields on your Tokenized Real Estate investment with a gamified staking ecosystem. This article provides a step-by-step process to obtaining Asset Tokens and Real Estate NFTs.
First Things First
Real Estate NFTs are powered by Landshare’s Asset Tokenization technology. The rewards you receive from your NFT are based on the number of Asset Tokens you stake! Therefore, the first step in obtaining a real estate NFT is to purchase at least 5 Asset Tokens.
This will require the following:
- $225 BUSD
- $25 of $LAND Token
To obtain $LAND, please visit one of the following exchanges:
LAND is currently available on the Binance Smart Chain. If you are not familiar with using BSC, this video is a good place to start.
Signing up for the Dashboard
After obtaining the LAND and BUSD needed, you will need to visit dashboard.landshare.io and sign up for an account by pressing “Register now”. The dashboard is where you can purchase Asset Tokens.
To sign up, you will need to enter basic information and verify your email. If your country is not in the drop-down list, you are unfortunately not eligible to obtain Asset Tokens or a real estate NFT at this time. Also note that residents from certain jurisdictions must be accredited investors in order to participate.
Completing KYC
Once you have completed the sign-up process, you will need to complete a KYC check in order to ensure regulatory compliance. Press “Start Verification” to begin:
On the next page, read and click the checkboxes to continue:
Select which type of investor you are. If you are unsure, you can learn more about public vs accredited investors by hovering over the blue underlined text at the bottom of the section. For most individuals, or if you are unsure, select “Individual” and “Public” Investor like so:
In the next section, you will need to input your BSC Wallet Address. This should be the address you are making the payment from and expect to hold your Asset Tokens and NFT in. Make sure you enter the correct address. You will need to re-KYC if you need to change it!
Next, enter the amount of Asset Tokens desired. Remember, the minimum to obtain an NFT is five! Also note that any investment over $10,000 USD will require additional verification, such as proof of address and source of funds disclosures.
On the next page, you will need to enter information used to verify your identity, as well as the source of your funds for AML purposes.
On the next page, you will need to provide a photo ID. You can use either a passport, driver’s license, or national ID:
Regardless of the form of ID you choose, you will need to provide the following:
- Photo of the front of ID
- Photo of the back of ID
- Selfie with you holding the ID
Please make sure all photos are clear and visible. Poor quality or insufficient photographs will result in a KYC rejection.
On the next page, select the PEP status that applies to you:
Carefully read and check all boxes in the next section:
Finally, read and agree to the Declaration of Consent and press Continue:
That’s it! Your KYC has officially been submitted. Please wait 1–2 business days for processing. If it takes any longer, please contact us on Telegram at t.me/landshare. You will be notified of either a confirmation or denial via email. If confirmed, you can continue to the next step — purchasing your Asset Tokens!
Purchasing Asset Tokens
Once you KYC is clear, you can begin to purchase Asset Tokens by visiting the dashboard and clicking here:
And then selecting the offering of your choice:
On the next page you will enter the number of Tokens you wish to purchase. To receive NFT, the minimum is 5! The amount of BUSD and LAND required will automatically populate based on your purchase amount.
After confirming your payment amount, please read and review the Token Purchase agreement. At the bottom, sign your name in ALL CAPS and press Sign Document.
Next, you will need to approve the smart contract for both LAND and BUSD transfers. Pressing the buttons will prompt your BSC Wallet.
After Approving both tokens, press “Confirm” on the bottom to complete the purchase process. That’s it! You will receive your Asset Tokens in your wallet shortly after the purchase. A new NFT will be minted and sent to your wallet within 1–2 business days. If you do not receive your NFT, please reach out to us on Telegram!
Using your NFT
After receiving your NFT, you will need to activate and stake your Asset Tokens. Our detailed NFT Documentation has all the information you will need on this process. For a quick summary:
- Visit app.landshare.io/nft/list (when live) to view your NFTs
- Activate your NFT and stake your Asset Tokens to begin earning rewards
- Read the NFT Documentation to learn about the ecosystem and how to maximize your returns!
That’s it! Each Tokenized Asset is intended to have its own NFT, so there will be multiple opportunities to obtain NFTs and earn yields in the future. Real Estate NFTs offer a unique opportunity to earn solid returns with a stable asset-backed principal. Remember, you can still take advantage of other Asset Token features such as auto-compounding and collecting rental income while staking your Asset Tokens.
To learn more about Landshare, check out our website at https://landshare.io or the links below:
