Telland launches first of its kind Farmland NFTs on Telos Blockchain

by Arthur · July 19, 2022

Telland NFT is an altruistic NFT collection that aims to change the lives and landscapes of South American farmers, while rewarding the owners of these wonderfully designed digital assets.

New York, New York –News Direct– Telos Foundation

The coinage is currently underway at Telos EVM and gives users a unique opportunity to own collectible artistic NFTs that represent access to dividends from 100 square meters of physical land within the Proyecto Ecológico Nuestro Paraíso in the northwestern region of Piura, Peru, South America. However, the use case of Telland NFTs goes far beyond simple ownership. These plots will contribute to the growth of local farmers’ sustainable organic products and a more robust economy in the region.

perpetual rewards for proprietors

Users who create one or more Telland NFTs will receive annual rewards forever, financially supported by the revenue generated from the South American farmland. Currently, there are only 100 NFT packages of land at a cost of $ 150 USD in TLOS tokens each available for embossing. The reward payment distribution is as follows:

Year 1 of ownership – Holder receives minimum guarantee of $ 30 (20% APR on NFT new price)
Year 2 of ownership – Holder receives a minimum guarantee of $ 50 (33% APR on NFT new price)
Year 3 of ownership – Holder receives a minimum guarantee of $ 75 (50% APR on NFT new price). This minimum continues forever from year 3 onwards.

The collection debuts at an ideal time as the accumulation of land ownership is more challenging for millennials today than at any other time in our history. Furthermore, Telland offers NFT’s holders a chance to generate passive income from a real asset that benefits the environment while omitting laborious bureaucratic processes and paperwork.

Telland is also a participant in the Telos Mission NFT competition, which gives NFT creators a chance to win significant prize money and recognition in the NFT community. To date, the competition has over 60 entries, and Telland’s participation provides another opportunity for added value if Telland is declared the winner. Public voting begins on July 23, 2002 The TaiKai network.

“We chose Telos primarily for two factors: society and technology. The vision of the founders of Telos was to create a community around the ideas of service to society and care for the environment. Telland wants to do just that by converting dry land into agricultural land “Producing fruit with a high nutrient content that helps humanity’s well-being. In terms of technology, it was easy to create and distribute smart contracts in Telos EVM, the incredible speed and low cost of transactions so the decision to build on their network was easy.”

-Paul Gonzales, co-founder of Telland

“Telland is a fantastic example of the use of NFTs in the real world and a glimpse of the future of tokenized land and real estate. At $ 150 per NFT, these prove to be a very interesting way to gain exposure to the value of real estate. The idea of Being able to buy and trade land rights with such ease is magical for anyone who has had the pleasure of making a traditional property purchase where the process is incredibly slow (takes 2-4 weeks) and requires intermediaries and expensive fees.

-Justin Giudici, CEO of Telos Foundation

About Telos

Live since 2018, Telos Blockchain (ticker: TLOS) is an ESG-compatible Layer 1 smart contract platform that offers full-service compatibility with Solidity, Vyper and Native C ++ smart contracts. The Teles EVM is the most powerful and scalable Ethereum Smart Contract platform built to run Web 3.0. Telos has a robust, third-generation, ESG-compatible evolutionary blockchain management system, including smart contracts, advanced voice features and flexible and user-friendly tax models. In addition, Telos supports the blockchain ecosystem by acting as an incubator and accelerator for decentralized applications through development grants. Come build with us.

About the foundation

The Telos Foundation is a decentralized autonomous organization established as an advertising and funding body to promote the Telos Blockchain Network and provide support for network applications.