# Development NFT

For large-scale development projects, the operator pays a certain portion of the initial capital (50% or less), and the rest is issued as NFT and sold to the owner of the project site and residents in the affected area around the project site. By utilizing NFT, anyone can participate in development projects, lowering barriers to entry into real estate investment, and making real estate development projects that are rampant illegal and illegal transparent and fair.

Originally, the implementation project took a long time, so it was difficult for both investors and developers to cash quickly if they issued insufficient capital as stocks as previously operated. However, it can be expected to shorten the visible monetization period by issuing it as NFT to start a business and listing it on the NFT exchange at the same time.

The real estate development NFT has practical value because it is based on the right to implement and the purchased land, and a higher price can be formed by securing the future value of the development profit. After the development is finally completed and its profit is settled at the rate of the NFT, the NFT is liquidated and extinguished.
