LANDORC PROJECT (Platform Bridging Real-estate Funding With Crypto Solutions)

September 26, 2021

PRELIMINARY

Crypto Lending is a lending platform that leverages blockchain technology to create a secure and available lending platform for everyone. The crypto lending system allows everyone in the world to be able to lend digital assets to people who need loans with collateral, later the borrower will benefit through the interest promised by the borrower. Crypto lending platforms are quite important, especially in the real estate sector as users can convert their property assets into tokens and offer them to crypto users. Later crypto users will be able to purchase these tokens and earn profits through increased interest and asset prices.

Crypto lending platforms, especially in the real estate sector, are increasing, this is because more and more people are aware that real estate is one sector that has the potential to grow. Seeing this, LandOrc wants to launch a collateral lending platform that will focus on the real estate sector. LandOrc plans to bridge the gap in real estate funding by providing a collateral lending platform that is accessible to people all over the world. In this way, users can convert land certificates into NFT tokens and offer them to other users.

Real Estate and Blockchain.

The need for real estate funding has recently tended to increase. This is all due to various factors, such as the need for fresh money, capital, and many other factors. If we look at the data, the current banking system is not sufficient to handle customer requests and in particular, it is not very easy to apply for bank funding. For this reason, LandOrc was launched to facilitate customer needs related to real estate funding. LandOrc offers security, transparency and enables the real estate sector to thrive through revolutionary blockchain technology. Here user can convert land certificate conversion into NFT token. Because as is known, the NFT token is a secure protocol to be able to secure ownership rights and does not allow manipulation. Therefore, in this way, users can offer their NFT tokens to other users,

Located in the United Arab Emirates, LandOrc is backed by a professional and experienced team in the crypto and real estate markets. Various problems related to LandOrc's operations have been carefully thought out, so the LandOrc team is quite optimistic that LandOrc can provide services that users can rely on.

LANDORC SERVICE

LandOrc is a real estate funding platform that leverages blockchain technology. The features offered by LandOrc allow users who are land owners to digitize land ownership or property certificates with NFT tokens and offer them to other users. In the future, LandOrc will work closely with legal counsel, professional appraisers and relevant local entities to be able to carry out evaluations and other requirements for user assets. But that's not all, there are several other features of LandOrc:

-Lorc Financing: A financing platform launched by LandOrc to facilitate the requests of real estate developers or landowners who wish to raise funds for their various needs. Later real estate developers or land owners only need to provide collateral to apply for a loan.

-Staking: Landowners and investors can stake LandOrc tokens for passive income. Later the prize will be supported 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.

Tokenomics

LandOrc has 3 native tokens launched under the names LandNFT, LORC and LGOV. These three tokens will be launched on the Ethereum network and have different functions, such as LandNFT is an ERC-721 based NFT token that will represent land certificates, LORC is an ERC-20 based token that will serve as staking and reward on the LandOrc platform, and LGOV is governance tokens that allow their holders to participate in the governance platform. To be able to get these three tokens, users can buy them on the exchange provided by LandOrc.

CONCLUSION

Traditional banking is currently not sufficiently able to handle people's needs for real estate financing, nor is it easy enough to apply for real estate financing to a bank because the requirements are quite complicated. And LandOrc is here as a platform that will bridge real estate funding with collateral loan solutions. LandOrc utilizes blockchain technology to be able to provide modern and innovative real estate financing services that will facilitate the various needs of users. Here users can digitize land ownership into NFT tokens and offer them to users, and investors can invest more profitably in LandOrc. LandOrc intends to be an innovative real estate funding platform utilizing blockchain technology, thereby providing security, transparency and enabling the real estate industry to continue to grow.