Farmland NFT Marketplace
The world’s first NFT marketplace for agricultural land.
Today's blockchain and digital assets technology are dictating rapid changes across many financial services markets, augmenting them with new functions and capabilities. At the same time, the farmland market is facing challenges due to a lack of liquidity and a shortage of capital for sustainable investments, and a parity of land value regardless of productive value. Given the crucial role of agricultural practices in human and planetary health, these issues warrant attention and solutions to ensure the sustainability of farmland investments. NFTs, as financial security, open new ways of trading and storing assets including agricultural lands.
Story
The main project idea was to democratise investment in farmland by allowing farmers to digitise and monetize their land by issuing NFT tokens and NFT Shards in a convenient way. At the same time, investors can purchase NFT tokens from verified sellers and benefit from growth, monthly rent, and bonuses.
Making the whole investment process accessible to a broad audience via a trusted and secure channel was a key objective.
Solution
At Velmie, we excel at building cutting-edge digital platforms that empower innovative fintech solutions. With our robust technology and expertise, we’ve partnered with LandX to revolutionize the way agricultural investments and financing are managed, making them accessible to a broader audience.
LandX leveraged the Velmie advanced software for the key components while our product team helped to design and implement the workflows, stories, and policies to deliver a decentralized platform that bridges the gap between farmers and investors. By addressing the financing needs of farmers and the diversification demands of investors, LandX creates a seamless and efficient ecosystem for agricultural investment.
Here’s how Velmie’s technology enables LandX to transform agricultural financ:
Efficient farmer financing
LandX provides farmers with upfront capital in exchange for a share of future harvests, bypassing traditional financial institutions and enabling sustainable agricultural growth.
Fractionalized investment opportunities
Investors gain exposure to farmland crop-share through fractionalized, on-chain assets, offering portfolio diversification and daily yields uncorrelated to traditional markets.
Perpetual bonds via xTokens
LandX introduces liquid digital assets backed by legal contracts tied to farmland, providing inflation-hedged, uncorrelated returns for investors.
Real-world asset tokenization
By tokenizing farmland and commodities, LandX enables investors to access tangible agricultural assets, enhancing diversification in a secure and transparent manner.
DeFi ecosystem integration
LandX operates within the decentralized finance (DeFi) ecosystem, leveraging blockchain technology to deliver efficient, secure, and transparent investment solutions.
Why It works
Velmie’s scalable, modular, and future-ready technology empowers platforms like LandX to redefine agricultural investments. By integrating innovative tools and workflows, Velmie ensures LandX can provide real-world asset tokenization, decentralized financing, and a seamless investment experience.
What Velmie brings to the table
1
Blockchain-ready architecture
2
Configurable workflows and policies
3
Advanced security and compliance features
4
Expertise in real-world asset tokenization
5
Referral program tools
“LandX is breaking new ground by merging real-world agricultural output with decentralized finance. To achieve this, we needed a partner like Velmie - one with the technical expertise and vision to connect farmers and crypto investors in a decentralized, transparent framework. With Velmie’s support, we’re creating a new financial ecosystem that brings sustainable yield on-chain, offering both farmers and investors innovative opportunities.
Lukman Hartono,
PO at LandX
Core Features
xTokens
xTokens are perpetual bonds that represent fractional ownership of future yields from farmland. These tokens are backed by legally binding contracts tied to agricultural land, providing predictable, yield-backed returns. Landowners list the area, location, and yields of their land. The LandX Validators confirm the information and manage the documentation for the lien on the land, ensuring that every NFT represents a real farm with the attributes claimed by the owners. Investors benefit from inflation-hedged income streams, as payouts are linked to the sale of specific agricultural commodities. xTokens are tradable on decentralized exchanges, offering liquidity and flexibility. Examples: xWheat, xCorn, xSoy (tokens tied to specific crop yields).
cTokens
cTokens are digital assets representing fractional ownership of yields from specific agricultural commodities like wheat, corn, or soybeans. These tokens provide investors with periodic payouts derived from the sale of these commodities, offering stable, yield-backed returns. Designed as an inflation hedge, cTokens benefit from the natural value retention of commodities in rising price environments. They are tradable on decentralized exchanges, ensuring liquidity and accessible entry to real-world agricultural investments.
LNDX Token
LNDX is the native utility and governance token of the LandX platform. It enables token holders to participate in platform governance, such as voting on proposals and protocol updates. LNDX can also be staked to earn rewards and used for transaction fee reductions within the ecosystem. It aligns user incentives and ensures long-term engagement in the decentralized LandX community.