The etherland ecosystem works using a utility token called ELAND. This is the token used to pay for bounties, grades subscriptions, and every upcoming platform feature. It is fully decentralized, meaning its ownership was released, its total supply is fixed and very low, and more than 75% of ELANDs are in circulation, guaranteeing the investors’ serenity.
Etherland is pushing the real-estate industry toward web 3.0 by granting users critical decision-making information. Its Estatepedia stores and tracks ownership history, renovation works, deeds, EPCs, norms, etc ... of every registered property. lt makes every participant a direct actor in data preservation and grants the user power over his own data.
Ethereum and IPFS work together to achieve this feat. Our Ethereum smart contract acts as the ledger for major transactions and changes, while IPFS acts as the store of data tied to and stamped by it.
Furthermore, as we fill the Estatepedia, we are changing the real estate industry to make it a natural hedge against crisis and inflation, removing the administrative hassle and horrendous delays, thus increasing fungibility.
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