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LandsDAO

LandsDAO is a blockchain based fractional property investment and governance solution for the next generation of real estate and property owners.

LandsDAO

Created At

ETHIndia 2022

Project Description

Younger generations are considerably less likely to own their own home than older generations were at the same age - WEF. LandsDAO enables you to invest and "own" fractional parts of properties all across the globe. Co-investors are small groups of up to 5. Users can submit proposals on what to do with their property and make decisions with an on-chain quadratic voting system. Decisions such as letting the property be rented out, sit and appreciate, used for personal living, vacation home rental can provide a source of secondary income. Now you can "own" a home through landsDAO anywhere in the world.

How it's Made

There were many challenges with the internet at ethIndia, often it was not working and it was hard to be able to follow integration docs published by the participating teams. This was the primary challenge we encountered as it was quite important to #BUIDL.

Another challenge in this project was identifying an appropriate ID verification system. Ideally, this is not something we are building from scratch. As the blockchain enables privacy, in land/property co-ownership we must have due diligence in place to ensure a clean background for potential co-inhabitors. World-ID proved to be a promising candidate, although biometrics of the eye might be hard to ask of all of our customers from the very beginning. We may do manual ID-verification to start with, with traditional residence cards / driver licenses / passports, as world-ID takes time for mass adoption and also to ensure that our stack is able to work independently too when the situation calls for it.

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