BullishDumpling recently hosted a Twitterspace where Landano co-founder Peter Van Garderen answered a range of questions about the project's strategy and progress. You can check out the full recording here:
We also copied some of the more comprehensive answers for your reference below.
Q1 - Can you give us some more context about the markets where you've chosen to operate?
We are doing two pilot projects. One in Ghana, one in Mozambique. Mozambique has a population of 30 million people, Ghana has 32 million. The entire population of the sub Saharan African content is 1.1 billion.
As we talk about a lot in the Cardano community this really is a huge, untapped market. There are legitimate financial opportunities here. But we also see ourselves as a social impact project. We believe that we have the ability, knowledge, technology, and tools to make a major impact in anti poverty, for people that are living on $1 a day or less...
Q2 - Your NFTs should have a long shelf life. What is your plan to make sure when someone opens their wallet 21 years from now that the NFT is still there?
I am a professional digital archivist by trade. I have a graduate degree in archival science. I've been doing research and development in this field for 20 years. I've specialized in what's called "digital preservation" which means keeping digital records online, accessible, and usable in perpetuity, forever...
Q3 - Why do your tokens have value?
We have been very deliberate in not issuing a token yet but we will have a utility token, the system will be transaction fee based.
The current costs of registering titles and doing cadastral surveys are really high and expensive. We feel quite confident by doing our analysis, that we've got a very solid business model and use case to dramatically drive those costs down while still leaving a margin for profit.
So users will purchase the Landano token to facilitate transactions within the system. And then those fees will go back into a treasury to continue to support development and maintenance of the of the system itself. They will be tied to a stable coin infrastructure to allow for fluctuations in price of the cryptocurrency.
We wanted to make sure that we had our technical architecture and our legal requirements fully straightened out before we committed to any kind of token issue. But we are working our way up to doing an ICO with a Whitepaper by Q1 2023...