Landshare Development Update — September 13th, 2024

Landshare
8 min readSep 13, 2024

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Hello everyone, and welcome to the latest Landshare Development Update! We’ve had a busy few weeks launching the LAND Token on both Polygon and Arbitrum, concluding our Crosschain Adventure campaign, participating in Plume’s incentivized Testnet, and launching a brand-new staking LP staking pool on Quickswap.

Now, we’re ready to share exciting updates on several of our top priorities including property expansion, the Tokenization Hub, the Landshare Lending Protocol, the ongoing CEX listing campaign, and more!

Also, if you haven’t already checked out our Q3-Q4 roadmap, you can read it here. The article provides a detailed breakdown of our plans for 2024, but here’s a quick summary of a few top priorities:

  • New properties
  • More property types (short-term rental, Airbnb, multi-unit, etc)
  • Additional CEX Listings
  • Cross-chain expansion

As we are in the thick of the 2nd half of 2024, we have quite a lot of updates we’d like to share with you all. Without further ado, let’s dive in!

Our vision for property expansion

With property expansion as the team’s top priority, we are putting all available resources into identifying and ultimately offering investment opportunities in high-yield, short-term rental operations. In this process, we cast a wide net and focus on quality over quantity. The procurement of such opportunities aligns with our 3rd party tokenization initiative, where we provide tailored tokenization solutions to property owners.

The vision for Landshare is therefore to connect property owners, managers, funds, and companies with our base of investors, providing new opportunities for our users while unlocking capital and fundraising for our partners.

Over the last several weeks, we have reached out to 200+ Airbnb and short-term rental operations and have begun the process of shortlisting the best fit for our platform. In addition, we’ve reached out to 30+ crowdfunding platforms, funds, and companies to find potential synergies in supplementing their operations with our tokenization solutions. These outreach efforts exist alongside our upcoming Tokenization Hub to round out our 3rd party tokenization efforts.

Tokenization Hub

The Tokenization Hub will establish our B2B solution for property owners, giving them access to Landshare’s existing base of real estate investors while providing LSRWA holders new investment opportunities and a diversified property pool. We will allow property owners interested in tokenization to come directly to us, providing them with all of the information and resources they need.

We are designing this page as an entry point for all of our 3rd party tokenization partners, including those within our community. We have finalized our initial design and vision and are continuing to work on building out this portal, in addition to other resources, aimed at our goal of simplifying and tailoring tokenization for those who are familiar with it or not. The vision for this feature is not to simply tokenize and forget, but to build fruitful ongoing relationships and focus on the procurement of quality investment opportunities over maximizing quantity.

We will have a lot more to share on all of these efforts soon, but in the meantime, you can learn more about the Tokenization Hub and our 3rd party tokenization efforts in our Feature Preview article.

Plume Testnet Results + Upcoming Plans

Expanding to other chains is a key part of our mission to make real estate investing accessible to everyone. Since February 2024, our team has been building on the Plume Network, and in early August, we launched Landshare features as part of the Plume Testnet Campaign. Users can purchase LAND tokens using gnUSD as well as LAND Vault.

Landshare features within the Plume Testnet Campaign

In just under two months, we’ve gained some serious traction — over 11.6 million transactions, more than 188k LAND token holders on Plume’s Testnet, and over 120k new followers on X. These are incredible results in such a short time!

Plume’s Testnet Explorer

Just a week ago, Landshare was featured in the Plume Ecosystem Voting alongside other real estate tokenization projects. Thanks to the incredible support from our community and recognition from the Plume community, we proudly secured first place! A huge thank you to everyone who voted for us!

Although the initial campaign has come to an end, we’ve got plenty more in store with Plume Network, including being part of their mainnet launch in Q4. We’re excited to see the millions of testnet participants join us for the mainnet launch!

Loan Protocol Sneak Preview

As part of our 2nd half deliverables, the team is hard at work on the Loan Protocol, and we’re excited to give you a glimpse of what’s coming. Soon, you’ll be able to unlock liquidity, leverage your holdings, and even earn a steady APY as a stablecoin lender.

Here’s how it works: On lending protocols, borrowers use crypto assets as collateral. In our case, both LAND and LSRWA can be used. Once LSRWA is provided as collateral, borrowers can access stablecoins. Loans will be over-collateralized, meaning you can only borrow up to a certain percentage of your LSRWA value.

This opens up a lot of opportunities for LSRWA holders, including unlocking liquidity from large holdings, leveraging positions, boosting NFT rewards, arbitrage trading, and more. In short, this integration will allow you to:

  • Borrow stablecoins against LSRWA
  • Leverage your LSRWA holdings
  • Earn consistent APY as a stablecoin lender

Want to learn more about DeFi lending protocols? Check out this helpful article from 1inch.

CEX Listing Fund and New Listings

Approved by the Landshare DAO, the CEX Listing Fund allocated 400,000 new LAND Tokens to fuel our CEX listing campaign, which has already led to 3 new exchange listings this year. The LAND Tokens from the fund have been used for the following, in order of priority as outlined in the initial proposal:

  • USDT listing fees
  • LAND listing fees
  • Ongoing liquidity and market-making support
  • Exchange-mandated marketing events
  • Influencer and marketing support for new listings

Current fund status:

  • LAND Tokens: ~212,000
  • USDT: ~$30,000

All remaining funds will be used to support new listings in Q4 and beyond.

Upcoming listings

As part of our roadmap, we’re aiming for 1–2 new listings before the end of the year. Our strategy focuses on meeting the requirements for more prominent exchanges, which may involve additional listings on tier 2 exchanges to boost trading volume and exposure. We’ll share updates as soon as we have them, so stay tuned!

New Quickswap Pool

The Landshare DAO has recently approved a 3-month extension on our Quickswap LP Farm, offering an incredible 261% APR! As a key component of our cross-chain expansion, building healthy liquidity across multiple networks is essential.

Here’s how you can start earning:

  1. Visit the 👉 QuckSwap Page and connect your wallet with the Polygon network. Make sure you have LAND and MATIC on Polygon. To get LAND on Polygon, visit the 👉 Transporter Bridge
  2. Under Select Range, ensure “Automatic” is selected (this option is toggled by default).
  3. Under the “Deposit Amounts” section, enter the amount of LAND to deposit. The POL (MATIC) amount will populate automatically. Ensure you have 3 LAND and some POL (MATIC) tokens to cover the blockchain fees.
  4. Click the “Approve LAND” button and confirm the transaction in your wallet.
  5. Finally, click the Preview button followed by Confirm, and sign the transaction to finish depositing liquidity.

Cross Chain Adventure Event

As the latest milestone in our Q1-Q2 roadmap, we launched LAND on both Polygon and Arbitrum. To celebrate, we kicked off an exciting cross-chain adventure that highlighted our new bridge, token-burning feature, and cross-chain staking capabilities.

If you missed the event, you can check out the full details here.

Galxe Campaigns

The event is wrapping up, and users are now claiming the final reward — the Landshare Adventurer NFT, which unlocks access to a 2,000 LAND + 1,000 LDP rewards pool. The campaign officially ends on September 17, after which we’ll announce the winners and distribute the rewards. Make sure to follow us on X and join our TG community so you don’t miss out!

Magic Store Listing

About a month ago, we applied to be listed on Magic Store — the Web3 App Store with over 4.5 million unique wallets, 22k DAUs, 290k MAUs, and more than 1,230 projects already listed.

After successfully passing the community voting validation, Landshare is now officially listed! This will give our ecosystem more visibility and opens up co-marketing opportunities with Magic Store. Stay tuned for an exciting campaign with a USDT rewards pool coming soon!

Swipelux Integration + Loyalty Campaign

In early August, we announced the integration of the Swipelux ZeroID KYC Solution, bringing top-notch security, seamless onboarding, and full compliance to our platform.

If you missed the announcement, you can check out the details here.

To celebrate, we launched a Loyalty Campaign with a $250 USDT reward pool for 25 random winners. You can view the list of winners here.

In the coming weeks, we’ll be launching Loyalty Campaign #2 with a larger rewards pool, where we’ll introduce users to the ZeroID KYC Solution.

Stay tuned for more updates so you don’t miss out!

Conclusion

As we move through the rest of 2024, we continue to make significant progress across multiple fronts, from property expansion efforts to cross-chain developments and new partnerships. The launch of our LAND Token on Polygon and Arbitrum, along with the success of our Crosschain Adventure campaign and Plume Testnet participation, are key milestones that demonstrate our commitment to expanding accessibility and creating new investment opportunities for our community.

With exciting initiatives like the Tokenization Hub, Loan Protocol, and upcoming CEX listings, we are well on track to achieve the ambitious goals laid out in our Q3-Q4 roadmap. Stay tuned for more updates, and happy real estate investing!

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