Land LayBy: The solve common and challenging land acquisition problems in the developing countries
We create an accounting book to record land purchase and sale transactions that will never be altered.
Founder and Chief Innovation Officer
The Group is particularly keen to assist immigrants to accelerate economic growth in Africa, Asia and other developing continents by facilitating land transactions whilst in diaspora. We are working towards creating easily accessible and transferable leverage land products as well as creating and maintaining an instant liquidation market for all products purchased by the clients in diaspora. We estimate the land marketplace capitalisation for the global migrant community to be more than USD 250 billion per year. The potential to permanently solve land acquisition problems to the diaspora client is almost guaranteed by incorporating blockchain technology to our systems. It is exciting to work with experts around the world to deliver a platform supported by Ethereum, creating trust in a seemingly trustless land marketplace.
Co-Founder and Chief Financial Officer
As a Real Estate Blockchain Activist for the developing world, I promote the use of blockchain to represent informal land ownership data and hence resurrect dead capital. We are busy creating a trustless platform that is enabling land sellers and buyers to interact seamlessly without the fear of losing their investment. Our system enjoys immutability of data hence brings to an end the corrupt practises associated with the ability to compromise central records. Our consensus protocols employ the use of cleverly crafted mechanisms that ensure land corruption is completed solved through the participation of the community.
Business Advisor/ Founding Director
Work in the Banking and Finance team on commercial banking transactions and advisory work with a focus on property and property development, corporate finance, healthcare, SMSF lending, liquor and gaming, child care, invoice factoring and general business lending.
Chief Quantitative Analyst
I have a PhD in Mathematics (Mathematical Finance) with a strong background in Actuarial Science and risk management. I have used Mathematics to solve a myriad of multisectoral problems. For instance, I have been working with the Kenyan Commission for Revenue Allocation (CRA) since 2016 in the construction of indices used in the revenue sharing formula used by the Kenyan National Government to share revenue among the 47 County Governments. I have also modelled and advised on cryptocurrency-related issues, by calculating ICO offer price of tokens and supply models. Also, my student and I came up with a mortgage-backed-security model which uses dynamic programming for optimal costing, to be used to facilitate affordable housing in Kenya. I am also good at risk-profile-modelling for vetting prospective insurance clients and loan applicants. These are just a few projects I have undertaken.
I have worked with government agencies like the Capital Market Authority (CMA), National Health Insurance Fund (NHIF), Commission for Revenue Allocation (CRA) and consulted on the construction of Namibia’s yield curve by the Bank of Namibia. Regarding training, I have more than 13 years’ experience in teaching at different levels and have assisted in developing curricula content for three Masters Degree programmes in mathematical sciences and several undergraduate degrees. I have also been involved in teaching programmes outside Kenya. I have also worked in Non-Governmental Organizations (NGOs) where I developed novel ideas which improved quality of service to stakeholders and increased revenues for the organisations I worked with. I am a very passionate person. I give my all regarding energy, creativity, and research when it comes to accomplishing tasks.
Chief Technology Officer
My objective is to analyse and comprehend all aspects of a project. Then implement Design, Development and Supervision through right approach, deadline and coordination with key internal stakeholders to achieve the project goals. My desire is to continue to develop professionally, contribute and add value in the work place and share the vast skills and knowledge I have gained to build the company.
Business Compliance Advisor
Customer Relationship Manager
Operations and Logistics assistant
Consulting Geologist at Flint Resources
Legal Advisor in Australia
David has a broad range of experience and expertise in the following areas: Innovation, Startups, Business Structuring, Legal Services to Technology and Research Industries Corporate Governance, Sustainability Transformation and Reporting, Director's Duties Intellectual Property, Information Technology Law, Digital Media Commercial Litigation, Commercial Disputes, Corporate Law, Insolvency, Tax Controversy
Bogdan Fiedur is a smart contract developer, crypto-investor, entrepreneur and President of http://blockchainexperts.io . He has over 20 years of IT experience in building e-commerce websites and has been involved in blockchain development during last 3 years. He is also an ICO adviser working with 20 successful ICOs to date and deeply involved in offering presentation and workshops on blockchain and smart contract programming in his local crypto community of Winnipeg. Bogdan now focuses on the Blockchain industry and offers advice, consulting services and connections to Blockchain experts. Most recently Bogdan has co-founded ‘Bitjob’, a freelancer blockchain platform for students and participated in several ICO projects as a team member. e.g. PayPie.com. Through these projects Bogdan acquired intimate knowledge with inner-workings of ICO development from conception to execution.
Legal Advisor in Kenya
- Crowdsale (50%)
- Reserved for producers (26.25%)
- Team Reserve (23.75%)
- Development and R&D (41%)
- Operation Human Resources (26%)
- Office & Professional Expenses (6%)
- Partners (2%)
- Buffer (7%)
- Marketing (18%)
Cost of the token1 token for 0.7 $
Price without discounts
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Estimate the project on a five-point scale or switch to the simple scale
Estimate the project on a simple scale or switch to the five-point scale
Relevance of the problem and Market size
Founders, Team & Advisors
Budget allocation and roadmap
Token economy, Tokenization & Business model
Distribution & Lock up of tokens, Discounts for early buyers
Summary rate the project
Rate the project by other users4
Bonus tokens received as a reward for participating in presale event will be subjected to a restriction schedule, which will help to support liquidity of tokens and stability of its price. The startup holds live events on Facebook every Friday, which is a sound way to support community development.
Risks and disadvantages
Creating a light paper would be a good solution, because the white paper is good, but it is more convenient to have the essential information handy.
I suggest this way or another governing the land sector (and probably real estate sector and some others) will be transformed in the future. I think governments will also see the benefits blockchain can bring into our lives, at least they will not be able to ignore it. So there will be cooperation. Maybe governments will also launch some kind of projects. The team should follow their vision and I think they will meet people who support the development of the startup.
According to the Today Focus' review the project is the first of its kind in Africa. There are dozens of thousands of followers and hundreds of active users on social networks. Only token holders will have access to the platform, which is supposed to drive the demand.
Risks and disadvantages
The final goal is challenging and in this particulary case I would recommend to revise the roadmap. I think it should also contain a plan of development parnerships.
The advantages are obvious: no need for middlemen, security, transparency (and this is a way to reduce corruption), timeconsuming paperwork will be eliminated. Still execution will not be easy, because sometimes those who do paperwork wish to continue to do it.
The team has made an effort to show its relevance through the various video content that has been shared above, it will offer the investors greater deep knowledge of its functionalities and also entice investors. The team has gone ahead to get involved in the sensitization of masses about how the project works through tutorials on their social media platforms which will contribute t the growth of its community.
Risks and disadvantages
The bounty program hasn't been taken into consideration and this will cost the project awareness of its existence by the people on the world wide web. It should also be noted that the internet in particular social media is very influential and reliable as means of advertisement.
The levels of organization shown on the platform are remarkable and i give credit to the team for that. Offering of financial services can sometimes be tricky especially where a team has no prior experience but in the case of this project and the harambe token it will be possible for it manover now that even the KYC protocol has been emphasized by the proprietors.
Team consists of experienced members, advisors and partners. Thus, team members are classified according to the region.Roadmap contains precise information about steps of platform development. Furthemore, people can invest not just only with Ethereum, but with Bitcoin and other ways of payment.
Risks and disadvantages
23.75% of tokens are for the team reserve. So, token price can be influenced by the founders, when it enters the market. Thus, there is no working product, which is also a drawback.
I doubt whether this project succeeds, as land purchase requires lots of bureaucratic work. It won't be so easy to connect it with blockchain, due to different law in countries.
Who is Land LayBy Technologies?
Land LayBy Technologies is a fintech Company incorporated in Kenya and Australia in 2018. The Company offers blockchain technology solutions to a flagship of Real Estate Companies located in Kenya, Ghana, United Kingdom, Australia and the United States. These sister Companies offer solutions to land acquisition problems in developing Countries. Our vision is to assist in acquiring land through innovative low risk products.
What's Land LayBy’s unique offering?
Land LayBy Kenya is the pioneer in solving land acquisition problems in developing Countries through innovative land purchase contracts in the form of Land Call Options and/or a combination of Land Put/Call Options. Through its fintech arm, it provides a transparent and secure land transactions ledger, backed by blockchain technology, which presents a compelling value proposition to migrants and citizens of the developing countries alike.
What is a Token Distribution Event (TDE)?
TDEs are mechanisms by which companies can presale access to their software and/or products via blockchain technology that uses smart contracts. In exchange, participants get access to ongoing projects. Participation in the TDE also allows certain individuals like advocates/legal practitioners/real estate agents etc to be directly involved in the solution building process, where they will get rewarded for validating land transactions or penalised for any misconduct in the course of validating the land title and land transaction.
What is a HRBE token?
It is an Ethereum based ERC 20 compliant utility cryptocurrency that will be used to access the Land LayBy Blockchain platform.
What does HRBE stands for?
HRBE stands for Harambee, a swahili word that denotes community effort and will be the symbol for the token.
Who is eligible to participate in the token generation event?
The Harambee Token is offered by Land LayBy Holdings Inc, an International Business Company incorporated in Seychelles. Anyone can participate in the HBRE token distribution event, except citizens and/or residents of the United States of America (USA), The People’s Republic of China, Hong Kong, Australia & Kenya. Please read carefully the terms of the token sale agreement for further information to avoid legal disputes. ( Token Sale Agreement) This list is subject to increase since we are soon getting an internal business law expert opinion
When will the HBRE token sale take place?
The HBRE Public Pre-Sale event will start on 1st September 2018 through 15th September 2018. The Main Public Sale event will start on 1st October 2018 and end on 31st October 2018*(subject to change based on the software development process.).
Is there a specific wallet to be used to store HRBE?
HRBE is an ERC20 token and can be stored in any ERC20 compliant wallet.
How do I check my HBRE tokens on My Ether Wallet?
Log into myetherwallet.com follow these instructions:
In your myetherwallet choose the option: "Add custom Token"
ETH address: the eth address you received during the contribution process
Are tokens to be transferred immediately to purchesors?
No.Tokens will be transferred 30 days after the TDE is complete i.e. 30th November 2018 or the later of. Depending on the software development process, the TDE dates are subject to change without prior notice.
Is there any lockout period for the tokens?
In order to control and manage liquidity of tokens, tokens acquired during the presale event will be subjected to some form of restriction. Restriction rules for certain Pre-Sale Token participants purchased at Bonus rates will be subject to a special restriction schedule to support a stable pricing environment when the token is distributed after the TDE. The restriction period commences on the date of distribution and not on the date of purchase. Distribution is scheduled for 30th NOVEMBER 2018, or a month after the TDE or the later of.
What is the incentive for the supporters?
Early supporters will enjoy token bonuses and discounted prices, detailed out as follows:
10% off discount Bonus of 9:1 HRBE
Pre-TDE Sales for a minimum of USD 100,000 per transaction. minimum of USD 100,000 per transaction.
(For every 9 HRBE purchased, a total of 10 HRBE are realised. Every 9 HRBE purchased earns another 1 HRBE in discount.)
5% off discount Bonus of 19:1 HRBE
Pre-TDE Sales for amounts more than USD 10,000 but less than USD 100,000 per transaction
(For every 19 HRBE purchased, a total of 20 HRBE are realised. Every 19 HRBE purchased earns 1 HRBE in discount.)
A total of only 200,000,000 HRBE will be sold during Private & PreTDE sale. This figure includes both the 10% & 5% discount.
2.5% off discount – The first week of the TDE Bonus of 39:1 HRBE.
(For every 39 HRBE purchased, a total of 40 HRBE are realised. Every 39 HRBE purchased earns another 1 HRBE in discount.)
Last 3 weeks of the TDE , HRBE will be sold at USD 0.55 per HRBE Token
Which currency are you accepting?
We are accepting Ethereum (ETH). Participants can also use Bitcoin and other Altcoins through third party softwares integrated with our TDE platform.
How many tokens are available for distribution during HRBE token distribution event?
How are the tokens distributed?
262,500,000 HRBE: Reserved for rewarding the Producers (Advocates, Real Estate Agents etc)
200,000,000 HRBE: Presale Tokens
300,000,000 HRBE: Main Sale Event
237,500,000 HRBE: Team Reserve (Distribution to the team, developers, participating, companies).
Is there any explanation for the token distribution?
The White Paper details the mathematical arguments and methodologies used to derive the distribution using universal models.
How much does 1 HRBE token costs?