Introduction
LandOrc is the world’s first cross-border real estate financing technology utilizing Non-Fungible Tokens (NFTs) and open lending protocol that will be bridging the gap between real estate developers and the global real estate financing market that is worth an estimated $2 Trillion dollars. Financing of global real estate market is a big and growing industry and is the place where the traditional and the new finance technology integration will happen. LandOrc can be a transformational bridge between traditional and new finance technology. In the heart of most real estate transactions is a financial component. Recent advances in blockchain technology have started to change the way that real estate transactions are completed, using the tokenization of assets to address a number of issues with traditional methods. NFTs have become a vital component of the real estate market.
LandOrc is the first implementation of the real estate financing system using non-fungible tokens (NFTs), the implementation of which is open-source.
The implementation is open-source, and the implementation is based on the Ethereum blockchain using the TomoChain implementation, which is one of the leading Ethereum-based public chains. Cryptocurrency fueled NFTs creation, ownership and transactional processes hold many similarities with global real estate market while NFTs and DeFi technology have a lot of similarities with the financial technologies that support global real estate lending, investing and transactions.
How Does LandOrc Work
LandOrc is the first real estate marketplace of its kind, combining the power of non-fungible tokens (NFTs - e.g., CryptoKitties), decentralized finance (DeFi) and distributed ledger technology (DLT) to facilitate real estate financing by connecting global real estate asset owners to service providers, financiers, and other real estate industry stakeholders. One of the main problems that the real estate market is facing today is that even though there are more buyers than sellers, buyers are not getting the return they need on their investment. This is because the global real estate market is currently using outdated, traditional methods of financing. LandOrc solves this problem by introducing the use of non-fungible tokens (NFTs) to the real estate market, which can give buyers the return they need to get them the returns they deserve.
LandOrc is a DeFi (Decentralized Finance) application that essentially acts as a bridge between real estate finance and NFT technology. LandOrc was created by a group of experts in both the crypto and real estate industries to help solve the problem of limited access to financing and liquidity. LandOrc will solve this by enabling liquidity and increased liquidity to real estate investors and developers alike. LandOrc will provide a decentralized real estate finance marketplace where anyone can create and issue real estate backed NFTs and utilize the LandOrc network to fund their projects.
Features of LandOrc
LandOrc is a transformational bridge between global real estate financing using Non-Fungible Tokens (NFT) and Decentralized Finance (DeFi) technology. LandOrc users can choose to finance real estate using DeFi technology or to invest in real estate using NFT technology. LandOrc users can also create and manage their own real estate investment vehicles and allow other members to invest in them. Today's real estate market is facing many challenges in the form of increasing the conversion rates of leads to transactions, lack of liquidity in the market, long transaction times, etc. To overcome these challenges, LandOrc is building a global marketplace platform that will bring together real estate investors, developers, owners, and borrowers on the same platform. This platform will have many unique features that will help overcome the above challenges.
LandOrc is a holistic platform that is used to manage global real estate operations through the use of the blockchain technology. The platform is designed to make possible the use of smart contracts and NFT technology to record, transfer, and exchange real estate ownership. The platform will make it possible for users to make transactions for physical property without the involvement of any centralized authority. LandOrc uses an NFT-backed security token that is created by a Local Economic Operator (LEO) who is responsible for the development of the community. The LEO is responsible for providing the project's token holders with certain guarantees. First, LEOs are required to maintain the value of the token by investing in the development or acquisition of local assets. Second, LEOs are accountable to token holders for their performance. If the LEO fails to meet the agreed upon performance targets, token holders are able to vote for a new LEO. LEOs are also required to report on their performance, the state of the community, and the benefits generated for token holders. All LandOrc token holders are able to vote on whether or not they approve of the performance of the LEO.
Conclusion
LandOrc is a revolutionary application of Non-Fungible Tokens (NFTs) to the global real estate market. This enables the digitization of real estate, the bundling of real estate into security tokens, and the automated distribution of global real estate financing using NFTs. LandOrc is a decentralized real estate financing ecosystem. The LandOrc platform will be a bridge between the traditional finance industry and the new emerging token economy. LandOrc will leverage its proprietary technology to aggregate real estate financing opportunities into a single global real estate portfolio. We are all aware that the traditional real estate investment model is struggling to keep up with the demands of the modern world. LandOrc is a modern platform that uses DeFi technology to create a streamlined, efficient way for individuals to access real estate opportunities throughout the world. LandOrc is currently working to help create a global real estate market that is truly decentralized and utilizes the power of NFT technology to help make the process more streamlined.
If you’d like to learn more about LandOrc, please visit the projects below
Website: https://landorc.io/
Telegram: https://t.me/landorc
Twitter: https://twitter.com/LandOrc1
Facebook: https://www.facebook.com/LandOrc.io/
Instagram: https://www.instagram.com/landorc.io/
Reddit: https://www.reddit.com/r/LandOrc/
author
Bitcointalk username: injhagi
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2622047;sa=summary
Eth Wallet address: 0xEdd3a3750A7B0905D69c77df210dCb23a38a526A
Cryptocurrency-fueled NFTs creation, ownership, and transactional processes hold many similarities.
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