From 2f5fe6dda6c797a9471e28c932dc56f8f88f2f51 Mon Sep 17 00:00:00 2001 From: xray <101130721+xray-acid@users.noreply.github.com> Date: Thu, 26 May 2022 15:15:19 +0200 Subject: [PATCH] Update zones.md --- zones.md | 18 ++++++++++++++++++ 1 file changed, 18 insertions(+) diff --git a/zones.md b/zones.md index 8f71094..b7211c7 100644 --- a/zones.md +++ b/zones.md @@ -7,3 +7,21 @@ To seed the idea and provide a proof of concept, we are currently exploring smal We expect this transaction to take place in Q3/Q4 2022, after which time the land will be transferred to a non-profit foundation which is held accountable by anyone who volunteers to live on the island through a set of governance smart contracts + +Logos is building a network of assets on chain, starting with a nature and wildlife preservation in Europe. Each parcel of land is an NFT that can be owned collectively by the DAO collectively or by individuals. It is a DAO, or Decentralized Autonomous Organization, meaning it is managed by the community. + +Why put land on the blockchain? + +Digitizing physical assets democratizes access, increases transparency, removes gatekeepers, and reduces complexity. Putting land on chain has several benefits: + + Instant land transfers, reduced legal complexity + Democratization of ownership through crowdfunding. Currently land is only available to large investors who can afford an entire parcel. + Open, transparent, programmable digital records + +How do I get involved? + +Stay in touch on twitter @logosblockchain, and join the Discord! We have lots of interesting discussions happening around DAO structure, land rights and governance, urban planning, and more. + +What will the land be used for? + +As part of the DAO, you can help vote and execute on what happens with the land.