As the whitepapersuggests, the platform seeks to break the geographical barriers for users interested in expanding the property portfolio, particularly with fewer funds. Here the users are offered a professional selection of property without visiting the actual location. Also, there are no formalities like notary or mortgage, but there is transparency and security due to blockchain technology. Furthermore, investment liquidity aims to be guaranteed via the secondary market, which is an important platform area. Once the transaction is done, like concluding the payment in electronic format, the trader is granted tokens equivalent to the assets electronically.

TLAND is the official cryptocurrencyof TerraLand, and it is a deflationary token. TLAND token, based on the Terra network, is produced in CW20 standard and operated by a separate smart contract. The token aims to provide a governance function inside the ecosystem where users can speak about the various aspects of real estate offers and the platform's functioning. Also, if users are stakingtheir TLAND tokens, they can expect some special rewards in return.

The platform aims to benefit the users by utilizing blockchain technology that makes the process transparent and safe. Also, the user can have insights into the transactions within the ecosystem. Furthermore, the users can aim to acquire shares in special purpose investments that are not offered as investment openings via digital currencies by the real estate owners.

The TLAND project started in 2019. The development team behind the project includes Maciej Król, Jakub Cukierski, and Dariusz Zbucki.

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