# 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 [**Operating Protocols**](/landao-llc/dao-operating-protocols) **of our DAO**. **There is no other organization with this structure.** ## 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 [**Pre-Sell Information**](/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](/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. For Native Token information, [**click here**](/landao-llc/native-tokens). #### Governance Tokens: There are 100 Governance Tokens. For Governance Token Information, [**click here**](/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, [**click here**](/landao-llc/presale-and-dex-listing-information). {% endtab %} {% tab title="Legal Structure" %} Wyoming DAO, LLC {% endtab %} {% tab title="White Paper" %} For our White Paper, [**click here**](#white-paper). {% endtab %} {% endtabs %} *** We look forward to everyone’s ideas, support and collaboration. Thank you, Team LANDAO {% embed url="" %} # Presale & DEX listing Information Pre ## LANDAO Native Token Presale * **Target amount:** 1,000 BNB * **Token price:** .001 BNB * **Duration:** April 1 to May 31 * When you buy Native Tokens during the presale, there is a one-time reward of 20% additional tokens, distributed upon the first acquisition. ## DEX Listing * **June 2026** * Funds generated from the presale will be used to create liquidity on the DEX with 10% of presale funds reserved for the DAO administration. * Tokens utilized for the DEX listing will be capped at 2-8M, determined solely by the success of the presale. * Gains realized from the DEX, are placed into the Native Token treasury and will fund the first farmland acquisition. We will enter into a purchase agreement for the Hard Times Farm property for $4M (or similar) as soon as funds are available. The purchase agreement allows for 30–90 days of due diligence prior to closing. Our goal is to finalize the purchase as quickly as possible. ### Acquisitions timeline example post DEX listing: * **Month 3-5:** $5M in treasury from token sales. Purchase agreement is executed for Hard Times Farm. * **Month 6:** Additional $7M in treasury. Purchase agreement is executed for SPF Weiner Farm. * **Month 7:** Additional $7M in treasury. * **Month 8:** Additional $9M in treasury. Purchase agreement is executed for Haystack River Ranch. * **End of Month 8:** Finalize the purchase of Hard Times Farm. Pre-sell is complete, and 20% token reward distributed. * **Total amount raised:** $27M * **Total annual income from the 3 properties:** $730,000 ### LANDAO has identified these 3 properties that conform to the DAO purchase formula:

Hard Times Farm

Location: Arkansas

Price: $4M

Annual income: $150,000

Multiplier: 26x

πŸ“‡ Jordan Leatherman

πŸ“ž 870-351-0327

🌐 https://www.land.com/property/Jonesboro-Arkansas-72401/17646997/

https://www.land.com/property/Jonesboro-Arkansas-72401/17646997/Screenshot 2023-09-24 at 18.44.30.png

SPF Weiner Farm

Location: Arkansas

Price: $7.95M

Annual income: $230,000

Multiplier: 34x

πŸ“‡ Jordan Leatherman

πŸ“ž 870-336-8000
🌐https://app.haagbrown.com/api/Files/683e0e61b1425741ad4ec07c/Download

https://www.landflip.com/land/345872SPF Weiner Farm AR.png

Haystack River Ranch

Location: Wyoming

Price: $15M

Annual income: $350,000

Multiplier: 41x

πŸ“‡ Hunter Harrigan

πŸ“ž 303-908-1101

🌐 https://www.har,riganland.com/property/haystack-river-ranch/

https://www.harriganland.com/property/haystack-river-ranch/haystackRiverRanch.jpeg
# Native Tokens Native Token holders are the lifeblood of LANDAO. Together, we set the organization's course and share the rewards. 80% of all the income generated by the properties we own goes to the treasury of the Native Token holders. Similarly, if LANDAO sells a property, 80% of the proceeds go to the treasury of the Native Token holders. Whenever we purchase a property, we raise additional funds over the purchase price. These funds are for Native Token holders to spend (or not) on enhancements and improvements to the property. Native Token holders can then generate and vote on proposals for these enhancements. #### Why become a Native Token holder? It's simple: token value appreciation. LANDAO has well-defined, rules-based [**Operating Protocols**](/landao-llc/dao-operating-protocols) designed to increase the value of your tokens. These are our ideals: 1. Circulating supply is regulated by assets acquired. (Like a stable coin) 2. We perpetually compound income back into the Native Token Treasury. 3. We reserve funds for Native Token holders to spend on property enhancements and improvements. 4. We maintain a high ratio of hard assets, cash, and cash equivalents per Native Token. # Token Value Road Map There is no guaranteed value for LANDAO tokens. The following is only an **example** set forth for illustrative purposes to show potential buyers what their tokens *could* be worth. ## $100M annual property purchases LANDAO aspires to be an organization that acquires $100M of property annually, has zero debt, and increases its income by $2.5M annually. Our token circulation is designed to closely equal the value of the assets and is structured as a DAO (Decentralized Autonomous Organization). Around Year 10, our projected token value is $47. That means that if you purchased 1,000 Native Tokens (\~$1,000) on Day 1, you would have $47,000 worth of Native Tokens by the end of Year 10. This represents a 35.7% IRR (internal rate of return) in just 10 years. For comparison, the S\&P 500 stock market index has only generated about 13% IRR for the last 10 years. In other words, LANDAO would produce almost **triple** the returns of the S\&P 500 in this example. This summary, as well as additional information throughout these pages, supports a $3–5 annual increase in token value for the first several years, followed by more significant growth in the long term. A 5–6 year summary would estimate the Native Token value to be $15–25 per token. If you see it differently, for better or worse, please let us know. Decentralized discussion and decision-making are key components of our DAO, after all.
For the first 4–6 years, we project that tokens will increase in value by about $3–5 per year. Around Year 6, our income will begin to increase significantly as we begin selling properties. The DAO rules require a property to be sold when presented with an offer of 50-60% above our original purchase price. See the [**USDA land value graphs**](/landao-llc/faq#q-what-are-the-historical-statistics-for-farm-land-and-crop-land-value-appreciation) on our FAQs page and the "Value Points to Remember" section below for the explanation of why we expect to begin selling properties around Year 6. #### Value points to remember: 1. We reserve funds upon each acquisition for Native Tokens holders to spend on property enhancements and improvements. These add incremental increases in land value that would not be found in traditional property acquisition. 2. Most farm, ranch, and agricultural properties are not fully utilized. There are many opportunities to increase the income of each property with little or no expense. 3. Human bias has been eliminated from the buying and selling of the assets. ### Takeaways Our organizational roadmap projects average acquisitions of at least $100M of property annually. Many factors went into the design of our roadmap and our projections of future token value. Some of the data that impacts the potential value of our tokens includes: 1. **Incremental income:** $2.5M annually ($5M in Year 2, $7.5M in Year 3, and so on) 2. **Value of all assets:** $110M ($100M of land which can only be sold for $150–160M, $10M of cash or cash equivalent) 3. **Debt:** Zero 4. **Tokens in circulation:** 110M 5. **Organization management:** Decentralized Autonomous Organization focused on Native Token value, property acquisitions, and management. 6. **Token utility:** Tenant/vendor portal goes live in 2026. ([**See Token Utility tab**](/landao-llc/native-tokens/token-utility)) # Token Utility The tenant/vendor portal will come online in 2027. This portal is designed to horizontally and vertically integrate the use of Native Tokens. This will enhance the farm, ranch, and agricultural operations of our tenants and administration. LANDAO's farmers and ranchers are an important part of our community, too. Our goal is to develop user-friendly ways for them to use Native Tokens to pay for the goods and services essential to their operations. LANDAO is in a unique position as the landowner to require our tenants to use Native Tokens for many aspects of their business. Our tenants' use of Native Tokens will streamline processes to let the tenants focus on running their business while LANDAO focuses on the our goals. LANDAO, too, will always seek out pathways to use the Native Tokens for payment of all administrative expenses. Because LANDAO is in the early stages, we're not mature enough to implement this *yet*. However, we have a plan in place to enact these practices and enhance token utility as soon as practicable. # How to Buy Native Tokens Go to [PRESALE.LANDAO.ORG](https://presale.landao.org/): 1. 1,000 LNT equals 1 BNB # Tokenomics 10B Native Tokens will be minted but not put into circulation. Our circulating supply will be initially limited to 2-8M. We will only increase the circulating supply of Native Tokens as assets (farmland) are acquired, by a number of tokens proportional to the purchase price of the asset. Initially, we will strive to maintain $10M in the treasury. Optimal goal is $100M in the Native Token treasury. Thus, additional tokens enter the circulating supply upon each acquisition. ## Example 1 Assume 100M tokens are already in circulation. Then LANDAO acquires a new farm property for $20M. In this scenario, we would allow an additional $20M of tokens to be sold to replenish the treasury. This will increase the circulating supply of tokens by an amount proportional to the token value as follows:
Token ValueNumber of New Tokens SoldTotal Circulating Supply
$120M120M
$210M110M
$54M104M
## Example 2 Assume 90M tokens have been sold at $1 per token ($90M in Treasury). Then, an asset is acquired for $30M. In this example, after the acquisition, there would be 40M tokens available to be sold if the value is still $1/token. This is because the LANDAO Treasury target is $100M. Since we only had $90M, there are still 10M tokens available on the market. Once the $30M property is acquired, we allow another 30M tokens to circulate, resulting in 40M available tokens. ### Deflation / token burning The DAO will burn un-circulating Native Tokens upon the acquisition of every asset. The number of tokens to be burnt will be based on the purchase price. If the purchase price was $20M, then 20M tokens will be burnt, regardless of the market value of the token. The burning of tokens is capped at 5B. # Governance Tokens 100 Governance Tokens (GT) are available. There is a limit of 5 GTs per person. Governance Token (GT) holders receive a 20% disbursement of profits 12 months after the first LANDAO property acquisition closes. Thereafter, GT holders will continue receiving 20% profit disbursements if at least one acquisition has successfully closed during the preceding 12 months. ## Governance Tokens (GT) 1. A Governance Token can be acquired for each 60,000 Native Tokens that you have in your account. 2. If you wish to acquire more that one Governance Tokens, you need to purchase and maintain an additional 60,000 Native Tokens for each additional GT. This is capped at 5 GTs. ## How to sell/transfer Governance Tokens 1. The receiver must verify their identity and own at least 60,000 Native Tokens. 2. You may then initiate sale/transfer of your GT to the receiver. {% hint style="info" %} Due to the nature of the assets being acquired (US farmland), there is a KYC requirement for 51 GTs. This is not a LANDAO decision; it is required to assure compliance of US law. {% endhint %} # Roadmap ## **2026 Q2** April 1: The presale goes live until May 31. June: LNT is listed on a DEX and paired to USDT. ## June 2027 Our initial 3 farmland acquisitions are completed by June 2027, resulting in an annual income of $730,000. July-Dec 2027 We pursue new acquisitions, focused on properties with a value greater than $10M. We finish 2027 with at least $1.5M in annual income. ## **2028** We continue acquisitions, focused on properties valued at $25M or more. We also explore international expansion opportunities. We finish 2028 with at least $3.5M in annual income and 2029 with at least $6M in annual income. # DAO Operating Protocols ## Rule 1: Property purchases The purchase price of a property must be less than or equal to 50x the lease income. In other words, the maximum price LANDAO will pay for a property is 50 times the annual lease income. ## Rule 2: Income distribution Lease income is distributed 80/20, with 80% going to the Native Token holder treasury and 20% going to the DAO governance treasury. ## Rule 3: Property sales For a property to be sold, its sale price must be 50% above our **purchase price (PP)** during Years 1–5 and 60% above PP in Year 6 and onward. ## Rule 4: Sale proceeds distribution Like lease income, the proceeds from property sales are distributed 80/20, with 80% going to the Native Token treasury and 20% going to the DAO governance treasury. ## Rule 5: DAO governance & property improvement funding When purchasing a property, the DAO formula for the percent of additional funds to be used for the purchase (% over PP) is defined as follows: | Purchase price (in millions) | Governance & improvement funds | % over PP | | ---------------------------- | ------------------------------ | --------- | | 1–19.99 | $200,000–$4M | 20 | | 20–29.99 | $3.8M–$5.7M | 19 | | 30–39.99 | $5.4M–$7.2M | 18 | | ... | ... | ... | | 100–199 | $10M–$19.9M | 10 | | 200–299 | $18M–$26.9M | 9 | | ... | ... | ... | | >=1B | $10M | 1 | As you can see from the table above, the % over PP decreases as PP increases. If we purchase a piece of property valued at less than $20M, we will raise an additional 20% above the purchase price to fund DAO governance and property improvements. For every $10M increase in purchase price, the % over PP drops 1% until we reach $100M properties. From $100M-$1B properties the % over PP drops 1% every $100M. For any property valued at >=$1B the DAO will only fund 1% over PP. {% hint style="info" %} The formula for distributing the "% over PP" is 80/20, with 80% going to the DAO governance and 20% going to Native Token treasury specifically for property enhancements/improvements. {% endhint %} # FAQ If you don't see your question below, please email your question to [**faq@landao.org**](mailto:faqs@landao.org). We will update this FAQ page frequently. #### Q: Is there a guaranteed or promised rate of return? A: There is no such thing as guarantees or promised returns in investing. LANDAO is no exception. *** #### Q: What are the historical statistics for farmland and cropland value appreciation? A: The average value of US cropland has risen 106% over the last 14 years. The average value of US farm real estate has risen 95% in the same period. Please see the following USDA land value graphs for reference.
Average US crop land value 2009-2023
*** # Team ### Lead Developer of DAO Tadashi Amano is a highly skilled, experienced professional in the field of decentralized autonomous organizations (DAO). With a passion for problem solving and a deep understanding of blockchain technology, Tadashi has been instrumental in leading our development team goals.
### LANDAO Founder Lee is a visionary leader and the driving force behind our success. With a wealth of experience in the industry, Lee has a deep understanding of market trends and a keen eye for innovation. As our CEO, he is responsible for setting the strategic direction of our organization and ensuring its long-term growth.
# White Paper Available upon request. Email # Terms and Conditions of Use 1\. Terms By accessing this Website, accessible from LANDAO.org, you are agreeing to be bound by these Website Terms and Conditions of Use and agree that you are responsible for the agreement with any applicable local laws. If you disagree with any of these terms, you are prohibited from accessing this site. The materials contained in this Website are protected by copyright law. 2\. Use License Permission is granted to temporarily download one copy of the materials on LANDAO LLC's Website for personal, non-commercial transitory viewing only. This is the grant of a license, not a transfer of title, and under this license you may not: β€’ modify or copy the materials; β€’ use the materials for any commercial purpose or for any public display; β€’ attempt to reverse engineer any software contained on LANDAO LLC's Website; β€’ remove any copyright or other proprietary notations from the materials; or β€’ transferring the materials to another person or "mirror" the materials on any other server. This will let LANDAO LLC to terminate upon violations of any of these restrictions. Upon termination, your viewing right will also be terminated and you should destroy any downloaded materials in your possession whether it is in printed or electronic format. These Terms of Service have been created with the help of the Terms Of Service Generator. 3\. Disclaimer All the materials on LANDAO LLC's Website are provided "as is". LANDAO LLC makes no warranties, may it be expressed or implied, and therefore negates all other warranties. Furthermore, LANDAO LLC does not make any representations concerning the accuracy or reliability of the use of the materials on its Website or otherwise relating to such materials or any sites linked to this Website. 4\. Limitations LANDAO LLC or its suppliers will not be held accountable for any damages that will arise with the use or inability to use the materials on LANDAO LLC's Website, even if LANDAO LLC or an authorized representative of this Website has been notified, orally or written, of the possibility of such damage. Some jurisdictions do not allow limitations on implied warranties or limitations of liability for incidental damages; these limitations may not apply to you. 5\. Revisions and Errata The materials appearing on LANDAO LLC's Website may include technical, typographical, or photographic errors. LANDAO LLC will not promise that any of the materials on this Website are accurate, complete, or current. LANDAO LLC may change the materials contained on its Website at any time without notice. LANDAO LLC does not make any commitment to update the materials. 6\. Links LANDAO LLC has not reviewed all of the sites linked to its Website and is not responsible for the contents of any such linked site. The presence of any link does not imply endorsement by LANDAO LLC of the site. The use of any linked website is at the user's own risk. 7\. Site Terms of Use Modifications LANDAO LLC may revise these Terms of Use for its Website at any time without prior notice. By using this Website, you are agreeing to be bound by the current version of these Terms and Conditions of Use. 8\. Your Privacy Please read our [**Privacy Statement**](/landao-llc/privacy-statement). 9\. Governing Law Any claim related to LANDAO LLC's Website shall be governed by the laws of the United States of America without regard to its conflict of law provisions. # Privacy Statement We don't sell your data and only collect the minimum data necessary for the verification, security, and functionality of your account. # Property Documents **All property-specific documents can be found here, including but not limited to:** Purchase Agreement Title Report Environmental Reports Confirmation of water and mineral rights Tenant Lease Review Property Inspection Survey All closing documents # Administrative Documentation **All general administrative documentation will be posted here, including but not limited to:** Accounting Income Expenses Tax Forms Financial Audit