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WebsiteProbit Launchpad

LandBox (LAND)

IEO

Global Real Estate Investing&Information Sharing Platform.

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Overview

Project industryReal Estate
Product typePlatform
FoundedKorea, Republic of
WhitepaperLandBox White Paper Open

What is LandBox

LandBox’s business model is mainly divided into: a remote real estate education platform, a real estate investing platform, and a smart organic agricultural produce platform. These three are intertwined and operated together.

Remote Real Estate Education Platform

LandBox’s education platform will connect users and LandBox, and it consists of information magazines, books and audio books, and online education. Magazines, books, and audiobooks on real estate and investing will be the initial medium of interaction between LandBox and its users. Users will be able to learn further about investing in real estate through LandBox and its benefits by joining LandBox's real estate academy, a remote education platform. Through such a structure, they will naturally be invited to LandBox's real estate investing platform. As users are given the opportunity to develop strong basics in real estate investment through the academy, they will most likely become long-term users of LandBox, not tilted to speculative investment.

Real Estate Investing Platform

Real estate investing platform will be LandBox's core business, which divides into the DRP (Develop Relay Project), equity investment in land replotting, co-investment for land compensation gains, and farmland consignment management. Users can participate in the platform to profit from investing in land with high development potential.

Smart Organic Agricultural Produce (SOAP) Project

The SOAP platform will enable users to entrust their farmland and receive farmland pensions accordingly. LandBox aims to integrate production, processing, and distribution of organic products and reap profits from the user's entrusted farmland. Landbox’s business includes farmland consignment management where the agricultural company established by LandBox will manage the entrusted farmland. Users will receive farmland pensions for the farmland they own. The Farmland Pension Plan is a system that pays pension benefits to elderly farmers aged 65 or older on a monthly basis for the farmland they own and offered as collateral. The system has the following six advantages.

  • Life-time payments for married couples: Upon the death of the pension beneficiary, the spouse may continue to receive the farmland pension for life.
  • Farming and rental income: Pension beneficiaries can cultivate or rent out the collateralized farmland, making additional income.
  • Stability: The government budget is used and directly run by the govern ment, ensuring stable payment of pension benefits.
  • Repayment and liquidation: Pensioners with repayment obligations may repay by liquidating their collateralized farmland. After the liquidation, excess proceeds are returned to the inheritor, and any shortage in repay ment will be waived.
  • Tax reduction: Property tax for farmland valued at 600 million won or under will be exempted, and for farmland valued over 600 million won, tax will be levied only for the amount exceeding 600 million won.
  • Rise in land price: Pension benefits may increase if the area of attractive lo cation has been bought at a competitive price.

    • Details

    IEO (Probit Launchpad): Jul 21, 2020 - Jul 21, 2020
    Token supply: 200,000,000 LAND
    Soft cap: 100,000 USD

    Legal

    Office address: 2F, 441, Teheran-ro, Gangnam-gu, Republic of Korea

    Token info

    Ticker: LAND
    Token standard: ERC20
    Token price in USD: 1 LAND = 3.00 USDT
    Accepted currencies: USDT, BTC, ETH
    Bonus program:
    4% Bonus for PROB
    2% Bonus for USDT, BTC, ETH
    Token distribution:
    Token Sale - 40%
    Marekting/ Community Expantion - 20%
    Strategic Reserves - 25%
    Team - 10%
    LAND Alliance - 5%

    LandBox Roadmap

    1
    3Q19
  • 2019 Rich Academy Regular Program (3rd batch)
  • Land sales of six lots totaling KRW 5 billion
  • LandBox token economy design/ team set-up
    • 2
    4Q19
  • 2019 Rich Academy Regular Program (4th batch)
  • Sales of six commercial buildings
  • Land sales of three lots totaling KRW 3 billion
  • LandBox platform beta test
    • 3
    1Q20]
  • Rich Academy Master Program
  • Author talk & lecture
  • Partnership with major domestic real estate developers
  • Establishment of DM Development Corporation
    • 4
    2Q20
  • Design token economy
  • Publish LANDBOX Whitepaper 1.0
  • Launch LANDBOX platform 1.0
  • LAND TOKEN ICO - Private Round
  • DRP
    • 5
    3Q20
  • Finalize investment partnerships
  • LANDBOX Summer Convention (2020 2H LANDBOX Future Strategy Meeting)
  • LAND TOKEN IEO
  • LAND TOKEN listing on the first batch of cryptocurrency exchanges
  • 1st round of equity investment in land replotting
    • 6
    4Q20
  • Launch real estate investing platform ‘Cheonjiin 2.0’
  • LAND TOKEN listing on the second batch of cryptocurrency exchanges
  • Set up real estate market group
    • 7
    1Q21
  • Launch LANDBOX 2.0 (Real Estate Academy/Membership Program)
  • Launch LAND TOKEN staking service
    • 8
    2Q21
  • Launch real estate knowledge sharing platform
  • Establish smart farm Land Green (Agricultural Corporation)
  • LAND TOKEN listing on the third batch of cryptocurrency exchanges (Global)
    • 9
    3Q21
  • Domestic for-profit real estate management (Shopping malls, Buildings)
    • 10
    4Q21
  • Launch smart ICT farm (Organic Agricultural Produce Platform) Expand real estate management (the Philippines, Vietnam, Thailand)

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