Landshare Development Update — May 10th, 2024

Landshare
5 min readMay 10, 2024

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Hello everyone, and welcome to the latest Development Update! This edition, we’ll be diving deeper into our 2H 2024 strategy, particularly regarding 3rd party tokenization.

This feature will be a game changer for Landshare and tokenized real estate as a whole, so we’re excited to give you some insights on our goals for this feature and how it will benefit LAND Token holders and property owners alike. We also have some updates on our timeline for multichain, updates to our community incentive campaign, and a new CEX listing for Q2.

Let’s dive in!

3rd Party Tokenization

If you’ve read our Q3-Q4 2024 Preview, you know that 3rd party tokenization will be one of our biggest updates for 2024. With this new feature, property owners, including individuals, funds, corporations, and investment clubs, will be able to use tokenization to their advantage through the Landshare platform.

Rather than simply offering a marketplace to list assets for sale, we plan to push things further by offering real solutions and alternatives to TradFi for property owners through tokenization. Here are just a few examples:

  • Partial equity: Property owners can sell a portion of their property, freeing up capital and providing LSRWA partial exposure to property equity and cash flow. These arrangements may or may not involve a buyback plan for the owner. Highly flexible and debt-free, this is an excellent alternative to a HELOC.
  • Renovations and flips: Needs funds to renovate your rental or plan to flip it? Landshare will invest in your project, providing the needed cash without the debt.
  • Cash flow: This arrangement would allow property owners to borrow against their future cash flow. This arrangement would not involve any equity transfer, allowing property owners to retain their exposure to the property.
  • Sell and Manage: If you’re an owner who manages your properties, you can sell some or all of the property’s value while continuing to make an income managing the asset.

This feature is all about providing property owners the ability to tokenize their assets on Landshare in a way that fits their needs. It can be viewed as a way of bringing property owners and LSRWA investors together in a mutually beneficial way.

Benefits to LAND and LSRWA Holders

Property owners are not the only beneficiaries of this new feature. What exactly does it mean for LAND and LSRWA holders? Well, the answer is “quite a lot!”

  • More Properties: This feature will allow us to scale the quantity of our offerings. Expect to see more new properties more often!
  • New NFTs: Most 3rd party properties tokenized on Landshare will also include a new NFT. This means higher yield multipliers and more opportunities.
  • New Types of Properties: Our 2024 roadmap included a desire to expand our property offerings. For example, short-term rentals, vacation properties, commercial, multi-unit, and mixed-use have all been on our radar. 3rd party tokenization is the quickest and easiest way to achieve this goal.
  • More LAND Burns: More properties mean more LAND Token burns! As a core utility of the LAND Token, each investment in our tokenized real estate pool requires a 10% payment in LAND, all of which is burned.
  • New Markets: This feature broadens the potential users of the Landshare platform! Whether you’re an individual property owner, an investment club, a small fund, or a corporation, you can utilize our tokenization services to your advantage.
  • More LAND Utilities: While still a work in progress, we plan to include new utilities for the LAND Token as part of this feature. Stay tuned for more information!

When will 3rd Party Tokenization go live?

We’re currently ironing out all the details and will continue to work on this feature for delivery in the 2nd half of 2024. In the meantime, you can expect an extensive feature preview article, new marketing and outreach campaigns surrounding this update, and much more details about the advantages to LSRWA and LAND holders.

If you’re a rental property owner and want to tokenize your asset or are interested in any of the solutions we’ve outlined above, don’t hesitate to contact us. While the feature isn’t ready to go live yet, we’d love to hear from you and get started as soon as possible!

Upcoming Q2 Releases

Let’s recap the updated release schedule for the rest of Q2 2024:

  • LSRWA-USD LP Staking (Est. May 2024): Earn LAND rewards for providing LP in the new DS Swap pool.
  • Additional CEX Listing (Est. May 2024): We expect to add another CEX listing in May, with more to come throughout the year.
  • Multichain (Est. June): With Chainlink CCIP integration, the LAND Token as well as LAND staking will soon be available on Arbitrum and Polygon networks.

Multichain Development Report

One of the remaining milestones for Q2 2024 is multichain. Our initial rollout will include cross-chain LAND Token transfers and staking with additional features, including LSRWA support, coming later this year.

We’re thrilled to announce that our token bridging capabilities are fully functional, and we’re now testing and auditing our cross-chain staking capabilities for the LAND Token! When this update goes live, users will be able to transfer LAND Token to the Arbitrum and Polygon and stake tokens directly from those networks without having to interact with BNB or BSC Chain.

Among other advantages, this update will bring more opportunities for partnerships and integrations with projects on other networks. In fact, we’ve already got quite a few of them lined up!

New CEX Listing

As part of the Landshare DAO Listing Fund proposal, we will continue adding new centralized exchanges throughout the year. We’re happy to confirm that a new listing will be coming this month, with at least 2 more in the works! Each new listing brings us closer to our goal of making real estate investment accessible to the masses. If there are any exchanges you’d like to see us on next, be sure to let us know in our Telegram group!

Landshare Ambassador Program

On May 16, we’re wrapping up the inaugural season of Landshare’s Ambassador Program (LAP). Over 200 active ambassadors have been hard at work creating content and boosting our social presence, all aiming to snag a slice of the 1,000 LAND season rewards pool.

Our gratitude extends to each participant who’s helped accumulate over 500k impressions on X, Binance Square, and other platforms. As promised, once the season ends, we’ll crunch the numbers to determine the Season Multiplier and divvy up the rewards accordingly.

Looking ahead, we’re making a couple of tweaks for the next seasons:

  1. We’re pivoting our focus towards social boosting rather than content creation.
  2. While we’ll maintain the two cohorts of Ambassadors, each will have its own prize pool.

Stay tuned for further updates on LAP. In the meantime, if you’re interested in joining future seasons, you can apply here: https://tally.so/r/wkyzJM

Closing Thoughts

As a continuation of our long-standing goal of making tokenized real estate accessible for all, our ambitious plans for 2H 2024 include brand-new tokenization solutions. These updates promise to be beneficial for LAND Token holders and property owners alike!

Although we’re looking ahead to what’s next, we still have some exciting updates slated for the next 2 months. Between LSRWA-USDT Farming, multichain capabilities, and a new CEX listing, we’ll have a lot to share in the coming weeks. As we continue on our journey, we are excited to have you all along for the ride!

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