LAND, PROPERTY and the PLand Token

With the launch of PRIVATELAND, we are introducing two digital assets: LAND, an exchangeable field in which the virtual world is divided, and PROPERTY that can be built on and PLand, a BEP-20 token that is burned to claim LAND, as well as Property and to purchase goods and services. services in the world PRIVATELAND.

LAND's utility is based on its proximity to other limelights, its ability to host applications, and also as an identity mechanism. Developers and other content creators will demand LAND so they can build on it and reach their target audience. Although any unclaimed LAND can be purchased at an exchange rate, LAND fields can be distinguished from one another, potentially trading at different prices in the secondary market due to proximity and traffic differences.

On the other hand, PLand serves as a proxy for assessing the price of a new plot of land. Also, PLand which is used to purchase goods and services in cyberspace creates utility value for the token.