Terra Land

The platform is utilized for the purchase of whole or individual pieces of property. The marketplace is based on blockchain technology, on the Terra blockchain in particular. The investment process involves the user selecting the real estate property that they are interested in, figuring out their investment amount, starting from the minimum cost for a particular apartment and about 100% of its value, which would make the user the sole owner. If a user has not gone through the process previously, at this stage, they would need to complete the account registration process, as well as KYC procedures. They are required to sign the electronic preliminary shares purchase contract for the specific real property and pay to the smart contract address. When the complete amount required to buy a particular real estate property has been collected, the smart contract closes the funding stage then sends the tokens that confirm the user's rights to the real estate property to the address they indicated. If the amount is not accepted, the funds are returned to the owners.