We are excited to announce that Landshare NFTs will begin rolling out Thursday, March 31th! In this article, we will give a quick rundown on what Landshare Real Estate NFTs are, how to get your hands on one, and the general rollout process for this feature.
To get up to speed on all the details about the NFT ecosystem, be sure to check out our detailed Medium article or watch our Youtube video.
What are Landshare Real Estate NFTs?
For the first time ever, you can own real-world property on the blockchain and earn yields from its virtual counterpart with Landshare’s Real Estate NFTs. By leveraging the value generated by both real-world assets and utility NFTs, Landshare offers a uniquely lucrative, lower risk investment option. Sit back, collect your monthly rental income, and earn additional LAND yields from your NFT! With proper management, you can earn an upwards of 40% additional APR on your Asset Token yields.
Real Estate NFTs are powered by Landshare’s Asset Tokenization technology. For those unfamiliar with Landshare’s Tokenized Asset feature, it allows for the ownership of real estate assets directly on the blockchain. The ownership of properties is represented by Asset Tokens, and those who hold these tokens earn monthly rental yields and benefit from property appreciation. For more details on asset tokenization, please visit https://landshare.io.
Beyond Traditional Real Estate Investment
The average real estate investment trust (REIT) yields 4.3% annually. By taking advantage of Landshare’s streamlined blockchain investment technology and leveraging our NFT Staking feature, you can earn an upwards of 57% APR! That is a 1225%+ increase from typical REIT yields.
By eliminating the management fees, overhead, and inefficiencies of traditional real estate investment and creating additional value through our LAND Token and NFT ecosystems, we seek to create a new generation of real estate investment. Our vision has always been Bringing Real Estate to the Blockchain, and our NFT feature introduces an engaging new way to earn with the Landshare platform.
How do the NFTs generate yields?
Real Estate NFTs act as yield multipliers for your Asset Tokens. By staking your Asset Tokens with your NFT, you will earn LAND token rewards based on your NFT’s yield multiplier. For example, if you stake 10 Asset Tokens and your NFT has a yield multiplier of 15, you will earn 150 LAND per year (10 x 15= 150).
Your NFT’s yield multiplier can be increased through proper management and upgrades. For more details on how these upgrade mechanics work, please read our detailed Medium article or reference the Game Guide page in the NFT section of the Landshare App on launch.
How can I get a real estate NFT?
Any purchase (past, present or future) of at least 5 Asset Tokens from the dashboard will be eligible to receive an NFT. In order to invest, please visit app.landshare.io/property-details or read our detailed walkthrough for a step-by-step guide on the investment process. The following individuals will receive a basic NFT upon launch:
- Anyone with over 5 Asset Tokens obtained from dashboard
- Anyone who purchased at least 1 Asset Token prior to 18 January 2022
The following individuals will receive a Rare NFT:
- The top 10 Asset Token holders as of Thursday, March 31th at 12:00 PM CST.
- No further Rare NFTs will be minted after the initial series.
Going forward, anyone who purchases at least 5 Asset Tokens from the dashboard will also receive an NFT within 2 days of purchase. Secondary market purchases will not be eligible for an NFT.
Conclusion
We are thrilled to be at the forefront of a new kind of real estate — leveraging the power of DeFi, NFTs, and blockchain to improve yields, create unique investment opportunities, and enhance the utility of our existing tokenized asset technology. Please stay tuned for additional details about our real estate NFTs coming on launch day and in the weeks to follow.
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