Can I resell my land once I claim it?

Yes. Once you claim a Land Pixel, it is minted as a NFT (non-fungible token) in your Web3 wallet, and you have full ownership of that asset. You are free to hold, trade, or transfer your land as you wish. Districts will launch an integrated Marketplace feature that enables users to list and sell their Land Pixels to others within the platform. Through this Marketplace, you can set a price and sell your Land Pixel to any interested buyer, allowing peer-to-peer transactions of virtual land. Additionally, the Land Bank provides another method to sell your Land Pixel at the Floor Price:

• Sales to the Land Bank will have a 7-day unbonding period before the $RIO (Realio Network Token) is released.

• After the sale, other users can repurchase the Land Pixel at the current Floor Price.

• Floor Price = Total $RIO held in the Land Bank divided by the total Land Pixel NFTs minted.

• The Floor Price for Districts Land Pixels will never be lower than 4,000 $RIO and is expected to increase over time as the Land Bank accrues fees from its operations.