Economics - Land Bank

Behind Districts, there is unique economics referred to as the “Land Bank.” The Land Bank is a metaverse-native DeFi primitive introduced as part of the Districts LandRush. The Land Bank is set up so that when buying land in Districts, you are not only claiming a piece of the digital world, but you are contributing to the entire economic prosperity of Districts society.

The Land Bank backs every piece of land purchased in the Districts by collecting a percentage of the land sale. These ongoing royalties and fees enable the Land Bank to scale and grow with activities in Districts, yielding increased liquidity and a floor price to buy back land from a user at any time. The Land Bank's unique economics serves as a global store of value for the Districts economy, offering a lower-risk investment option compared to other virtual worlds.