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Land & Real Estate

Subtype

PreviousOwnershipNextCommodities

Last updated 7 months ago

Definition: Land & real estate ownership refer to tokenized fractional ownership of some landed property.

Description

Land & real estate ownership is the most straightforward case of ownership, in most cases representing fractional property ownership. Direct land & real-estate ownership contrasts with the afforded by control in a natural asset company, where the company utilizes, stewards, or conserves the property with the express purpose of improving its environmental health.

Example

is a climate-tech company specialized in developing carbon projects in the Amazon Forest using cutting-edge technology.

Moss NFTs are a "proof of ownership of the actual real estate" of an hectare of Amazon forest. Each NFT grants buyers a legal ownership of a football field-sized piece of the Amazon. Moss acts as a custodian for local authorities and notary offices, free of charges, and offers NFT owners access to satellite imagery of the Amazon Forest, updated every six days via independent third-party partners. Moss oversees these contracts, dedicating 20% of their sales to a 30-year fund for patrolling and maintaining protected areas.

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nonpossessory rights
Moss
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