Landshare

Halal Rating :
Comfortable
Last Price $1.3 Last updated:
Rank 1352
1D Change -5.91 %
Market Cap $7.05m
Circulating supply 5,342,356
Maximum supply 10,000,000

Crypto Overview

Categories
  • Polygon Ecosystem
  • Real World Assets

Overview

Landshare is a blockchain-based real estate investment platform that aims to tokenize real estate assets on the Binance Smart Chain. The LAND token serves as the platform's governance and utility token.

Purpose and Utility

The primary intended purpose of LAND token is to provide governance rights and utility within the Landshare ecosystem. Token holders can participate in platform governance decisions, stake tokens for rewards, and use LAND tokens to participate in real estate investment opportunities through the platform.

Business Model Analysis

The platform's core business model revolves around tokenizing real estate assets and allowing users to invest in property through blockchain technology. The platform generates revenue through property management fees and transaction fees. The business model appears transparent and focuses on legitimate real estate transactions.

Platform Development and Adoption

The project maintains active development with regular updates to their platform. They have successfully tokenized several properties and maintain a functioning platform for real estate investment. While adoption remains limited, this is not a concern for Sharia compliance purposes.

Token Distribution

The token distribution appears reasonable with appropriate vesting schedules for team members and early investors. There are no immediate red flags regarding token allocation that would suggest a scheme to enrich founders.

Additional Considerations

The platform's staking mechanism and real estate investment structure have been designed to avoid traditional interest-based returns, instead focusing on profit-sharing from actual real estate operations and appreciation.

Crypto Impact

To assign a comfort level investing in Landshare from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Landshare.

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