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Demand for virtual land in the Metaverse has never been higher, but unless someone has a hefty sum of cash to invest, they’re probably going to miss out.

At its launch in 2019, Sandbox land could be purchased for 0.014 eth ($48). Those same lots are now worth a minimum of 3.85 eth ($12,010) – a mere 20,000% ROI in just over 2 years. Sandbox land is now out of reach for many casual investors.

Not only is it expensive to buy land in the Sandbox, but it also costs a fortune to turn the land into a profit-generating machine. How does someone monetize their Sandbox land if they are not a developer or a business with deep pockets? they won’t….

Despite understanding the value of virtual land, many NFT investors do not have the means to invest in Sandbox land, or the knowledge or skills to develop it. That’s where the Landlords step in. The Landlords are giving investors a chance to fractionally invest in Sandbox land and earn an income from it for years to come. Think of it as ‘de facto landlords’ of the Metaverse.

Invest and The Landlords do the rest

Who are the Landlords?

Landlord NFT is an exclusive community of virtual landowners, striving to become the Tycoons of the Metaverse. 

The idea for Landlord NFT was born, when their founder – King Tizzle (Stefan) realized there was potential to own and rent out land without significant overhead costs or risks of damage to property. In Australia – where Stefan resides – house prices have risen astronomically over the last few years.

With a strong history in property development, construction, and Cryptocurrencies, Stefan knew that he could bridge the gap between land ownership and NFT investment. This bridge could unlock a mountain of potential for investors and creators in the virtual realm.

What is the Vision for their Project? 

The proceeds received from their initial round of funding will be used to purchase 6×6 estates in high-traffic areas of the sandbox. These lands will be next to Snoop Dogg and Atari’s lots and rented out to brands, businesses, advertisers, and P2E game developers who want to enter the Sandbox but do not want to buy the land outright.

Once all Sandbox land is released and owned, the price of land will skyrocket again, leaving the large lands virtually impossible to buy. The moment Sandbox allows landowners to rent out their lots, a flood of new businesses and developers will be able to enter the virtual world. Landowners will be able to lease their lots of land on both a short and long term basis. 

That’s where the Landlords come in. Their focus is to secure big estates near world-renowned companies and brands! So, as soon as the Sandbox gives the green light on rentals, The Landlords are ready to take over the virtual rental property market. 

Not only will Landlord NFT holders have the chance to own their own piece of land. They now have the chance to invest in an NFT with a genuine long-term vision, and a guaranteed income into the future. Something that is not often see in the fast-paced, crash and burn world of NFTs. 

How do the Landlords get paid?

Tenants will pay their rent to Landlord NFT every day, week or month, depending on the rental contract. The Landlord NFT smart contract will automatically collect the rental profits from all their lands, and store them inside the Vault within the Landlord NFT DAO. 75% will be allocated to NFT holders. 3% will be allocated to Board Members. 22% will be used to fund the project, pay salaries, marketing, and future land acquisitions. The vault will be linked to DeFi projects like Aave, Compound and Yearn which will allow the value of the Vault to grow with interest. Landlord NFT holders can choose to leave their funds inside the Vault and let them grow, or withdraw their funds and spend at their leisure

Uncapped deposits and withdrawals: If someone owns 10 Landlord NFTs, they’ll be entitled to their respective portion of the Vault value. They can then choose to withdraw 1 Landlord NFT’s Vault value, or withdraw the value of all 10! 

Appreciating Rental Income: Deposits are paid in cryptocurrency – an appreciating asset. This is the advantage of renting in the Metaverse than in real-life, where rent is paid in cash – a depreciating asset.  

Below is a visual representation of the Landlords predicted ROI over 12 months: 

How does Landlord Guarantee all the Payments will be paid to the NFT Holders?

Landlord NFT will be governed by a DAO (Decentralised Autonomous Organisation). This DAO will be the main hub for the Landlord NFT community. Each NFT allows its owner access to the DAO as well as vote on upcoming project decisions, withdraw earnings from the Vault, see project valuation on the DAO dashboard, and their projected return on investment!

The ultimate purpose of the DAO is to ensure the whole community has their say in the project. A Landlord NFT gives an investor the ability to cast 1 vote. If someone owns 10, they can still only cast 1 vote on a decision. This is to ensure no single entity can sway the vote in their favour. It also ensure’s transparency around the projects earnings and spendings. NFT holders will be able to see where the generated income is coming from and where it’s being spent. 

The DAO will automatically collect the rental profits from the Metaverse properties and developments, store these funds in the Vault and distribute the funds to the NFT holders when they choose to withdraw. This process will be automatic, initiated by a smart contract deployed on the blockchain. It does not rely on one person behind a computer processing the transactions manually.

The Landlord NFT, itself, is the key to the Vault, not the wallet that owns it. This means that if a Landlord NFT holds 0.2 ETH inside the Vault, it will be worth the Vault value and floor price combined. This locks in actual value for the Landlord NFT holders, instead of hype-based value.

What Separates the Landlords from Other Collections?

In the rapid-paced NFT world, it’s not easy to stand out amidst the noise and the hype. To ensure long-term success, collections must grow and nurture their community, and consistently add utility to their holder’s lives. NFT collections must cultivate a following of like-minded individuals who want to grow the value of the collection and help shape the future of the project together. 

In many NFT collections, there is a serious disproportion of value. With only a handful of lucky holders from the community receiving all of the benefits – most often the holders of the rarest items. 

This is not investing. This is gambling. These collections are just a new way to play the lottery. The Landlords are not here to gamble. They are not offering a lottery to their holders. Instead, every single person in their community will share in the success of the collection. 

Landlord is the next generation of utility NFT’s. It is more than just buying a JPEG. It is a ticket into Virtual Land Ownership and a way to secure a long-term income. 

The Landlord Game 

“The object of the game is to obtain as much Wealth or Money as possible.”

These famous words gave rise to The Landlord Game. A board game was created in the early 1900’s to teach people about the value of land ownership. This game was the inspiration for the board game people love to hate – Monopoly. 

The Landlords have reinvented the game as a way to engage and challenge their community on twitter. Those who make it to the end of the board first will not collect $200. Instead, they will have their Rent Paid in Real Life for one week!! Whitelist spots and NFTs giveaways will also happen along the way. 

How to Join the Landlords

Landlord NFT will be launching an exclusive private sale in early March 2022. Following that, there will be a staggered mint process where investors will get the chance to become a Tycoon of the Metaverse.

The prices of Landlord NFT and all the details about how to get in their exclusive public sale can be found on their discord.

Each wallet will be able to purchase up to 10 NFT’s in 1 transaction to minimize gas fees. For those eligible for presale, 1 Landlord NFT will be available per wallet. 

Multiple income streams lead to wealth and financial freedom. A Landlord NFT offers people another passive income stream. 

Rent is due, time to collect. 

Follow the Landlord NFT journey on their Twitter: @landlordnft_

Check out the Landlord’s website for more info: https://www.landlordnft.io

Media Contact
Company Name: Landlord NFT
Contact Person: Stefan Fiorenti
Email: Send Email
Country: Australia
Website: landlordnft.io