Chainlink has announced that Landshare is integrating its tokenization infrastructure. This includes CCIP and Automation. The objective is to unlock utility and liquidity for its native token, LAND.
Landshare, a platform for tokenizing real-world assets (RWAs), has announced the integration of Chainlink’s tokenization infrastructure, including CCIP and Automation, to unlock utility and liquidity for its native token, LAND. This integration will enable LAND to be utilized across Polygon, BNB Chain, and Arbitrum, and will also allow users to transfer the token through Transporter.
The development was well-received by the community, with both LAND and LINK tokens responding positively. LAND token increased by 2.78% over the past 24 hours, last trading at $2.20. The token also showed a surge of 18.39% over the past 7 days, and a decline of 19.03% over the past 30 days. Landshare is aiming to break the $5 mark by the end of the year with its continuous integration.
Meanwhile, LINK token also showed a slight gain with an increase of 0.53% over the past 24 hours, and 9.98% over the past 7 days. However, the token decreased by 2.82% over the past month, and is currently valued at $14.33. According to the Chainlink forecast, the token is also expected to mark an uptick to $20. Both LINK and LAND tokens are expected to show mutual growth in the upcoming period.
Community members called the news “great” and said they are now “bullish on the future.” Many members also stated that LAND token is a “promising gem” that can fetch better returns for its holders.
The platform also announced the completion of the final item on its Q1-Q2 roadmap. Landshare will be revealing the next adventure soon where users can “bridge, burn, stake to compete for the 2,000 LAND rewards.”
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