LandOrc - Defining the future of Real Estate and Blockchain

What is a LandOrc?

LandOrc is solving real estate funding gap across high interest markets and even specific segments within low interest markets. As part of its growth plans, LandOrc is connecting to real real estate developers in Australia, United States, Canada, United Kingdom….all from its global headquarters in United Arab Emirates, LandOrc continues to accelerate the future of Real Estate financing with DeFi Technology. 

LandOrc is pioneering a new way of collateral based lending for the real estate industry. Specially focusing on high base lending rate markets with annual property development spends in the region of USD 500 billion. Property developers in the markets are seeking lower cost of capital to improve their profitability.

On the other end, growth of the decentralised finance products have been based primarily on virtual assets. Availability of real world assets like land, provided as a collateral against lending, provides a greater level of reassurance to the crypto investors operating on decentralised finance. This land collateral is in the form of NFT (Non Fungible Token) with oracles bringing in other physical world data points associated to the land title on-chain.

Thus bringing greater transparency and pace for transactions via blockchain. An analysis of Ethereum wallets show that 99% of wallets are still not involved in speculative financing activity and hence would see value in land collateral based lending.

A number of property developers from high interest markets in Asia and Africa have already lined up their projects for lending along with a collateral thus ensuring there is a flow of potential projects. LandOrc opened up their platform to early stage investors on the 15th of August for them to understand the business, working of DApps (decentralised applications) and buying LandOrc (LORC) tokens.

LORC tokens are the sole means available for staking or lending on the LandOrc platform. They are available for purchase on the platform itself and decentralised exchanges like Uniswap. Thus offering investors multiple opportunities to participate in the LandOrc platform. With all its smart contracts listed on Etherscan and security checked by Entersoft, an Australia based IT and Blockchain security expert.

The entire DApps from NFT creation to token staking is available for viewing for the community to better understand the process. The launch has been very well received by the investors, these pioneers have already bought the entire seed round. Like the early days of Bitcoin these pioneer investors have received the first block of LORC tokens.

The pioneer investors are looking forward to the future growth of the LandOrc and are enjoying some of the bonus benefits available for pioneers. 

• Lorc Financing: A financing platform launched by LandOrc to facilitate the demand for real estate developers or landowners who want to raise funds for their various needs. Later real estate developers or landowners only need to provide collateral to apply for a loan.

• Staking: Landowners and investors can stake LandOrc tokens to earn passive income. Later the rewards will be backed by interest from Lorc Financing.

• Crypto-to-Fiat Conversion: LandOrc provides a system that allows issued LORC to be converted to fiat for fresh funds. 

LandOrc gives more imperative straightforwardness to land titles by tokenizing their obligation regarding or property titles through the issuance of Land Non-Fungible Tokens (LandNFT), to work with modernized trades, including the ability to use the title as a protection for raising financing. LandOrc helps out genuine bearing, capable valuers and critical close by components to check ownership, regard examination similarly as any leftover consistence necessities for individual domain for each LandNFT.

LandOrc would enable land specialists to get to an overall capital business place similarly as borderless crypto natural framework, allowing them to get financing at a somewhat lower income than their local business areas and without extravagant charges, slow cycles and restrictive conditions that is all around average of standard financing decisions like monetary development.

Tokenization

The tokenization cycle will require taking an interest land engineers and also landowners to go through a KYC connection and to give all appropriate documentation to affirm ownership. The information will then be examined by various independent specialists like valuers and lawful guides who may then use LGOV for projecting a polling form communication. The Tokenization module of LandOrc has titanic limit with regards to future advancement where LandOrc look to enable trade of land assets (arrangement and purchase including move of authentic ownership) through LandOrc stage by setting up synchronization access with land recorder data base specifically countries and fusing with proptech or property development associations that work with proposition of land assets cautiously.

Tokenomics for LORC

LORC will be pre-printed at a limited beginning representative store of 21 million, the breakdown of which are shown underneath. Coming about LORC will be stepped reliant upon issuance of LandNFT (from change of land title) on the LandOrc stage. This is to ensure that the components of LORC is from an overall perspective upheld by collateralized assets and clearly connected with its usage on the LandOrc stage. 

For more information on this project, click the links below;

WEBSITE: https://landorc.io/

TELEGRAM: https://t.me/joinchat/ECZFCDv8DPY0ODk1

TWITTER: https://twitter.com/LandOrc1

FACEBOOK: https://www.facebook.com/LandOrc.io/

AUTHOR:

Username: gomess1

BTT Profile: https://bitcointalk.org/index.php?action=profile;u=2643069

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