# LANDAO Introduction

### What is LANDAO?

LANDAO is a decentralized organization for acquiring farmland and ranchland, uniquely designed and structured to eliminate human bias in the buying and selling of US based farmland. 

As a DAO (Decentralized Autonomous Organization), we are highly transparent, rules-based, and decentralized, with our decisions made by our token holders. We place great emphasis on token holder protection and token value. 

### What makes LANDAO unique?

Your tokens are forever backed by US farmland, cash, and cash equivalents, protecting their future value. The income is reinvested into real estate acquisitions, allowing it to perpetually compound. All of our buying and selling is controlled by the [<mark style="color:blue;">**Operating Protocols**</mark>](https://info.landao.org/landao-llc/dao-operating-protocols) <mark style="color:blue;">**of our DAO**</mark>.

<kbd><mark style="color:green;background-color:yellow;">**There is no other organization with this structure.**<mark style="color:green;background-color:yellow;"></kbd>

## How it works

* All property purchases are community-funded through Native Token sales.
* When sufficient funds are in the Native Token holder treasury, LANDAO purchases an income-producing farm or ranch property. ("income-producing" means the farm or ranch has a tenant that leases the property). See the three properties in the [<mark style="color:blue;">**Pre-Sell Information**</mark>](https://info.landao.org/landao-llc/presale-and-dex-listing-information) tab.
* 80% of the income goes to the Native Token holders treasury.
* At every closing, 20% of the funds derived from [Operating Protocol Rule 5](https://info.landao.org/landao-llc/dao-operating-protocols) are reserved for the Native Token holders to spend on enhancements/improvements to the property. Native Token holders will generate and vote on such proposals.
* Upon sale of any property, the Native Token holder treasury receives 80% of the proceeds.
* By design, properties can only be sold for 50% more than the Purchase Price. This eliminates a centralized subjective selling process.

### Advantages

* Simple administration
* Clear, non-complex rules
* Continual value growth for the token holders
* Rapid self-scaling
* Immediate, unlimited, long-term supply and demand of real estate
* Guaranteed asset enhancements by design
* Total security from a "rug pull" or scam
* Transparency and no hidden agenda

### DAO & token information

{% tabs %}
{% tab title="Tokens" %}

#### Native Tokens:

Circulating supply is regulated by property acquisitions.&#x20;

For Native Token information, [<mark style="color:blue;">**click here**</mark>](https://info.landao.org/landao-llc/native-tokens).

#### Governance Tokens:

There are 100 Governance Tokens.&#x20;

For Governance Token Information, [<mark style="color:blue;">**click here**</mark>](https://info.landao.org/landao-llc/governance-tokens).
{% endtab %}

{% tab title="Token Pre-sell" %}
There will be a LANDAO token pre-sell to raise capital for initial acquisitions.

For Token Pre-sell information, [<mark style="color:blue;">**click here**</mark>](https://info.landao.org/landao-llc/presale-and-dex-listing-information).
{% endtab %}

{% tab title="Legal Structure" %}
Wyoming DAO, LLC
{% endtab %}

{% tab title="White Paper" %}
For our White Paper, [<mark style="color:blue;">**click here**</mark>](#white-paper).
{% endtab %}
{% endtabs %}

***

We look forward to everyone’s ideas, support and collaboration.

Thank you,

Team LANDAO

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