ETHERLAND (ELAND) Review
Due to a lack of sufficient openness, everything is interconnected today, yet we have no control over it and no way to judge its dependability. Concerns are raised in the field of real estate. Connecting real estate throughout the globe and allowing individuals to develop, own, and manage their knowledge is what the Estatepedia will do, built on top of Etherland’s World Metaverse.
How Does Etherland Work?
Etherland’s IPFS is being used by Etherland to store real-estate information. Internet users’ digital data will be linked to the current world through the Etherland platform, which consists of many compatible technologies. Due to the decentralized nature of the storage, any user may view the submitted data at any time, from anywhere, for an endless amount of time.
Etherland’s Blockchain will be used to communicate with this decentralized data system to monitor and trace information modifications. It serves as a digital stamp that links the owner to the information about his or her property while also giving a complete history of the information history.
How Does The Real Estate Metaverse Work?
It is the first worldwide Estatepedia that will revolutionize land property identity management by transforming paper documents into unique ERC721 tokens and IPFS data. The LAND ID token you possess in the Metaverse gives you complete control over your real-estate data. Essentially, this means that you have full creative control over the media you provide, including the ability to make changes.
What Are ELAND Crypto Tokens?
The native token of the platform’s ecosystem is ELAND. At any given time, only one million tokens may be created at any one time, with a maximum burn rate set at 929,313,930 tokens per second. Full supply will be available between 2032 and 2035, depending on product development and uptake. Token burning activities may be scheduled to coincide with this timetable soon.
How to Bridge Eland Tokens
The new Matic Bridge v2 makes it simple to connect ELAND tokens to the Matic network. Make sure your MetaMask wallet is connected to the Ethereum network before bridging your ELAND. The token from the network you wish to connect to may be found by searching for “Etherland” or by entering the address “Matic” in the address bar. The ELAND as well as your current balance on both networks will be displayed.
By pressing “Transfer,” you’ll send the specified number of tokens to the Matic network. Once you’ve read the disclaimer, you’ll get a breakdown of the ETH gas fees. Press “Continue” and confirm the transaction in MetaMask if you wish to go through. A few minutes may be required for the procedure. Once the transaction has been completed, your asset will appear in your Metamask wallet and be available on the Matic network.
How to Earn ELAND Points
To earn ELAND rewards, you can add liquidity, which must be done by adding both assets of the same value. For example, you can participate in the ELAND/USDC liquidity pool and receive a cut of the trading fees by going to QuickSwap’s pool area and clicking on Add Liquidity. Withdrawal of participation is possible at any moment.
For every piece of real estate on the planet, Etherland seeks to build a digital identity equivalent on the blockchain, where owners have full control over the entry of their data and it can be independently validated. Everyone may produce a “LAND ID” token for their real estate property and get a second proof of ownership as a result of doing so. Legal proof may already be derived from this additional data layer in nations that allow blockchain technology.
Being a real estate owner is not a prerequisite for contributing to the creation of the World’s Metaverse. On the Ethereum Blockchain, everyone may contribute to establishing our planet’s digital layer by issuing Land ID tokens for actual locations and uploading accurate information to them.
- It is the first worldwide Estatepedia that will revolutionize land property identity management by transforming paper documents into unique ERC721 tokens and IPFS data.
- The LAND ID token you possess in the Metaverse gives you complete control over your real-estate data.
- Everyone may produce a “LAND ID” token for their real estate property and get a second proof of ownership as a result of doing so.
- Being a real estate owner is not a prerequisite for contributing to the creation of the World’s Metaverse.
Further ETHERLAND Information
- Price $0.0051
- Market Cap