Imagine, the convergence of surf & snow real estate and blockchain technology. The sound of freedom.
While we focus on the launch of our online magazine and the new LTL Maps App, we have never made it a secret that our endgame is to tokenize LTL Eco Pods.
Baby boomers got cheap credit to buy houses at affordable prices. The market is now stuck at high prices, unaffordable for normal working people. Maybe millennials are making a conscious decision not to buy a home. Maybe they don’t want to be bothered with maintenance, yard work etc. Maybe they want to live in hip urban areas where no one can afford to buy and not where I live the country feeling life. Millennials have been proletarianized, to a certain degree. I keep wondering what happens next? What happens to house prices when there is no one to buy all these insanely inflated gaffs? Falls in house prices have a much bigger impact on the amount of home you own if you have a big mortgage secured on it. A lot of the houses that will either be inherited or go on the market are suburban and rural single family housing, in other words places with no jobs for millennials. Those houses will be scooped up by investors to either flip to above market rates (unaffordable) or rent out. This is already happening, which is why you hear the "there are no more starter houses" complaints.
The Millennial generation is teaching the rest of us a thing or two about life. We GenXers and Boomers sacrificed a good amount of fun for our McMansions, five- and six-figure cars and driving the stock market up with retirement and other investments. Millennials, on the other hand, have adopted the ‘You Only Live Once’ ethos, enjoying a fuller life today but at what cost? Millennials don’t have to completely sacrifice today for tomorrow, though. With realistic expectations and proper planning, they can have the life they want today and the life they’ll want in retirement. It may just mean delaying some travel today, cutting back a little now so they can live YOLO into their twenties, thirties and beyond.
The main question is how can you get involved, how can you benefit? If you appreciate our efforts to publish an exciting media channel, you can subscribe, or take it one step further and support us through a paid membership. If enough people reward us with a membership, the magazine can become sustainable. Being able to pay writers, photographers and filmmakers like it's 1999, now that would be a dream come true. We know it's possible and so do you. It will also give you an edge by joining our LTL Eco Pods Community ahead of time. 🤙 For us, it is the centrepiece of the LTL Culture Code. Imagine a home / office with a view, and co-ownership!
So, that leaves us with a little intro about our "endgame". We want to add our true fans on the waiting list for our pilot project called LTL Eco Pods. Below is a small presentation of a future we are super keen to embrace. Can't wait to share more ...
When an asset owner decides to tokenize a property, an Ethereum-standard (ERC20) real estate token (also called a security token) is created to represent shares of the property. The total value of all tokens will be equivalent to the total value of the securitized asset. (PDF Deloitte / Tokeny: Tokenized real estate)
Tokens entitle their respective holder to a right of participation. Token holders will be entitled to a pro rata (based on token holdings) split of of revenue, subject to proper Registration and KYC/AML. Revenue will be distributed to token holders quarterly. The actual amount to be paid out will be equal to the pro rata quarterly revenue participation amount minus possible transaction costs minus possible withholding taxes. More Info will be available soon ...
We will limit the share offering to a certain percentage of the asset – say 80%, to retain some ownership while raising funds for a new surf/snow real estate project.
Interiors have a Scandi vibe with timber floors and ceiling, and adjustable heating and LED lighting. It also comes with custom-designed furniture, a BOSE sound system, a large touch screen, custom surfboards and electric bikes.
The size – 6mx3m – is limited, but the views and outdoor decks will make up for that. To add just enough of warmth to the modern reflecting design, the back wall is entirely out of wood.
Floor to ceiling glass-walls are framed by the steel structure, covering the house on three sides, thus making it blend seamlessly into surrounding environment.
Uniswap isn’t just a decentralized exchange—it’s probably the most powerful money protocol built on Ethereum. Take note, this new concept is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions.
Tokenized real estate tokens are technically shares of a company, by wrapping it inside of a legal entity, an LLC, ownership of the LLC is then defined as a specific batch of ERC20 tokens. By whitelisting the Uniswap Exchange address, it is possible to enable access to the Uniswap application and enjoy the benefits of liquidity.
A listing inside of Uniswap is significant because it represents a security token operating inside of an Ethereum financial application, while still retaining compliance. All compliance logic that’s ‘baked-in’ to tokens is unchained by its integration with Uniswap.
We plan to develop an eco resort starting with eight LTL Pods. Including creative office spaces to let your inner artist escape into sublime. Originally envisaged as a pop-up hotel room or Airbnb accommodation, the two-person prefab ÖÖD dwellings are made from steel, insulated glass and wood, and takes less than eight hours to build.
In partnership with French startup myfood we want to add smart greenhouses that can grow up to 400 kilograms (22 sqm) of organic fruits and vegetables a year with only a few hours of work a week. Combining permaculture principles with smart technology to monitor plant health, the smart greenhouses aim to change people’s relationships with food as a means of reducing the global carbon footprint.
“To easily cultivate in a sustainable and efficient way, we employ both a synergy between fish and plants, as well as an approach inspired by nature and based on cutting-edge agronomic research. The connected and intelligent features enrich the experience by collecting parameters useful for managing the greenhouse. A dedicated social network supports users from the launch of the project, to the first harvests and beyond.”
Sound like a plan? Contact us through Twitter. DM is open! Or, subscribe here
Update: LTL Pods is just an example. Koda is an alternative design. More soon, let us know which one you like the most ... We have a 3rd concept in the pipeline.