Landbox (LAND) Price

Landbox (LAND) is a decentralized platform that provides real-time updates and information about real estate investment worldwide. The platform addresses issues in the real estate market, such as physical attendance, transaction security, inflexible transaction methods, low liquidity, and a long gestation period. To resolve these issues, Landbox has integrated three innovative systems: the Develop Relay Project (DRP), Prop-tech system, and Crypto-tech system. The platform aims to establish an information-sharing ecosystem where anyone can participate and share real estate investment information conveniently and safely.

The DRP system connects users with projects seeking capital for land substitution for urban development and land provision compensation. The Prop-tech system uses blockchain technology to secure transactions, prompt real estate trading, and ensure reasonable transactions for traders. The Crypto-tech system ensures that users receive LAND compensation and incentives by participating in the platform. Additionally, the platform has developed an IT and blockchain solution for a real estate auction platform named Auction OK.

Landbox's native token, LAND, serves as a medium of exchange for users and allows them to interact within the platform. Users can also pay LAND tokens to access third-party projects found on the platform. The Landbox platform was founded by CEO Jeon Young-hoon in Q3/Q4 of 2019, with Lee Do-sun, the director of the Real Estate Research Institute, and Jeong-Jun Park, head of service development, among its team members. The platform's total supply of LAND is twenty billion.