First of all, we would like to thank you for being with us!
The last few weeks were very demanding in terms of the development of our project — new features have been implemented, which improved the usability of our platform. You can still use it and will be able to do so in the future on other blockchains.
The time has come to tell you a little more about our plans for the upcoming weeks.
As announced, we are currently working on changing the blockchain to Ethereum.
However, the platform will be developed to be the multichain platform for BSC, Polkadot, and others in the future.
Also, we have decided to list the TLAND token on Uniswap and allow users to exchange TLAND token 1:1 with a new token on the ETH network.
Below you will find a summary of the key points we have learned about our project.
- Despite unfavourable conditions from the very beginning of our presence on Terra, we were one of the few projects to deliver what we promised. We built a fully functional platform and completed the sale of our first properties.
- Our products are the only ones in the entire Terra community that have made it possible not only to protect the capital invested in UST but also to generate a profit.
- The current situation has proven beyond any doubt that the tokenized real properties purchased with stablecoins can be of great value to users and even become one of the largest asset classes as a safe haven for accumulated funds.
- The release of invested capital under a loan against property tokens, especially the groundbreaking design in which property tokens are collateral with a fixed value over the entire loan period, seems to be a game-changer for the entire market at this time.
- The Property On Demand service, which is very popular, now more than ever can make you realize that it is worth converting at least part of your capital into a real and useful everyday life asset.
- Our new feature, parallel to real estate fundraising, and dedicated to the collective purchase of digital assets, has been very positively received by the community. The price of these digital assets, such as leading NFTs or plots of land in the metaverse, is often beyond the reach of individual investors even though they see their potential.
The goal, the implementation of which is highly advanced, that is, moving the project to the Ethereum ecosystem is considered a very valid concept both in terms of network stability and increasing the number of potential users.
As always, we will take full care to make sure everything runs smoothly on our platform.
Finally, when we switch to Ethereum, the Terra Land project will be renamed TLAND and will use this name to expand into new ecosystems.