The parent company OurLand Holding Ltd acquires agricultural land and places it into production through local companies that comply with Organic, Natural and/or ancient grain production guidelines, selected in line with the core principles of the initiative.
Alternatively, recourse is made to local farmers who follow the same production standards.
All such aspects are duly specified in the lease agreements.
Rental fees are preferably accepted in the form of finished agri‑food products, which are offered at discounted prices to the shareholders of OurLand Holding through a reserved pre‑emption period. Upon completion of such period, the products will be placed on free sale to the public through the affiliated website www.ourlandgoodfood.com.
The Holding company and the token‑issuing company CryptoPoint Capital Management Ltd (CPCM) shall share the proceeds of the leases on a 50% basis, net of the mere administrative expenses borne by the Holding itself.
CPCM shall fully reinvest the amounts received in new land acquisitions, also in the form of pre‑financing of the Holding, as specified in the Information Document.
The Holding, for its part, may instead decide to allocate part of its proceeds to dividends or reserves.
The same financial allocation and reinvestment path shall also apply to proceeds deriving from the real estate sector for:
- the redevelopment of annexes and/or ruins to be allocated for tourist and/or residential use, with proceeds deriving from leases, sales, and fractional ownership sales. Real estate investments of these types shall be carried out through off‑plan pre‑sales of projects under development, both in full ownership form and in fractional ownership form;
- the use and/or resale of buildable areas existing at the time of acquisition and/or following a subsequent change of use. In such cases as well, the dynamics of use and sale shall be identical to those specified above.
Each time the Holding receives proceeds from the resale of the bare ownership right and from 50% of the proceeds, it undertakes to acquire new land under the best economic conditions and in coherence with the initiative.
For each receipt deriving from the sale of XCPT and/or from 50% of the proceeds of already acquired land, CPCM undertakes to acquire from the Holding the same rights over the newly acquired land.