Terraland

The real estate field has always been a hot spot for many medium and large investment institutions. With the further improvement of the global economy, these investment institutions have also benefited from the dividends in this field. Whether it is Southeast Asia where the gap between the rich and the poor is relatively serious, or the economically developed regions such as Europe and North America, or the East Asia where the overall economy is growing faster, under the further promotion of capital, the overall real estate price has maintained a rapid growth trend. Although real estate investment may have considerable returns, for many small or ordinary investors, the capital occupancy rate and threshold of real estate investment are still relatively high.

Generally speaking, for ordinary investors, the smallest unit to invest in real estate is 1, that is to say, we like the real estate in a certain area and think it has the possibility of further progression. Both commercial and residential properties can only be purchased in a complete set. Similarly, in addition to the high value of real estate assets, the liquidity of their assets is insufficient, and it is difficult to directly sell them like ordinary commodities. Usually, the transaction process is complicated and the cycle is long.

With the economic downturn and the influence of national policies and other factors, the resulting decline in house prices may also cause investors to bear large losses that are difficult to recover in a short time due to the poor liquidity of real estate. So overall, the real estate market in the traditional financial sector is not suitable for small investors . Of course, regional issues and legal issues in different countries are also one of the main obstacles affecting cross-regional investment in real estate assets.

Generally, the decentralized world constructed by DeFi is often considered better than traditional financial field. With the continuous evolution of various DeFi protocol models, the synthetic asset sector has gradually certified traditional assets to further allow DeFi investors to access and profit through them, such as Synthetix, UMA, etc.

Terraland, the Decentralized protocol built on terra ecosystem. Terraland linking the international real estate market and following the legal system of various places, all investors who intend to invest in real estate can make real estate investment with low threshold and low risk.

Terraland, which certifies the real estate and circulates it in the form of defi

Terraland itself contains a large number of real estate resources around the world. By tokenizing and dividing these real estates, investors will invest in the smallest unit set by Terraland. Of course, there may be a minimum amount of investment for different properties, such as a minimum investment of 3 square meters. In the first phase of Terraland's operation, the real estate resources provided by Terraland are usually commercial real estate for investment purposes, which can bring returns to investors without maintenance. Of course, 100% of investors who purchase real estate will have the option to actually use the real estate in different ways, such as commercial use, move-in or lease.

The real estate provided by terraland platform is located in different parts of the world. Investors can make investment judgments and make investment decisions based on the economic development and policies of the country or the region. Of course, Terraland does not control the user's investment funds. These funds will be stored in the smart contract after the user makes an investment decision. After the two parties reach a transaction and sign the contract, these funds will be controlled by the smart contract. Terraland itself has established a company in its location for each real estate, which means that different real estate will be sold in accordance with the laws and regulations of different countries.

The advantage of Terraland is that investors do not need to visit the country where the real estate is located, and this does not require notarization, land, court mortgage division and other procedures. Terraland itself is built on the Terra blockchain. Any real estate assets issued by Terraland and all transactions with users will be presented on the chain and recorded to ensure the security, storage and transparency of transactions. At the same time, Terraland will also build a DeFi-based secondary market after the overall facilities have further matured to promote the liquidity of these real estate tokens. Of course, before investing, investors need to follow the law and pass KYC.

Usually Terraland investors want to invest in real estate, they need to go through the following steps:

. Choose the real estate you are interested (a comprehensive weighing of factors such as region, country, etc.)

. To determine the amount of investment, investors can choose to invest the entire investment package, i.e. 100 per cent, or the minimum investment amount or based on the amount of their intermediate amount.

. Complete KYC on Terraland, sign the electronic contract, and transfer the funds to the smart contract provided by Terraland. (At present, as seen from Terraland's official website, the main circulating funds for investment are based on the stable currency UST on the Terra chain.)

. When the real estate shares are all sold, the smart contract conditions are met and the real estate token (a CW-20 token on the Terra chain) is automatically issued according to the investor's investment ratio. If the property is not sold within a certain period of time, the funds will be automatically returned to the investor.

Overall, TerraLand reduces the investment threshold for small and medium investors, and promotes the further integration of CeFi and DeFi in the real estate field. TerraLand further provides liquidity for real estate in the form of DeFi, which fix the current problems in the real estate field to a certain extent and breaks the restrictions on regional investment in this field.