# Virtual Land

Virtual Land NFTs allow you to own little 1km² tiles that represent land of the real world.

Users are able to use their land for advertising, promotion purposes within the Landboard Ecosystem, or simply holding them for LAND rewards.

<figure><img src="https://2080266349-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FtA33rz1QWzDr5ObEaLoF%2Fuploads%2FHLH8B8nli5ExL7VWrsaQ%2FOutro%20graphic.png?alt=media&#x26;token=19741da7-4bd4-4551-838c-4327fdf3e0dd" alt=""><figcaption><p>Virtual Land utility graphic</p></figcaption></figure>

Advertising and promotion can be done using the App tools - you can add pictures and links to your Tile - anyone looking on the map there being able to see them.&#x20;

This way, you can promote your business, project, product, cause or anything you wish to potential customers or people of interest using the Landboard App.&#x20;

Once you have more than one Tile, you can extend your image and increase your visibility.

<figure><img src="https://2080266349-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FtA33rz1QWzDr5ObEaLoF%2Fuploads%2FLQMf6DVJawAOiBNqVBqd%2Fimage.png?alt=media&#x26;token=2c349ee6-ebb6-4104-8fbd-5df2bfa4dbe1" alt=""><figcaption><p>Example of extended image using multiple tiles, over Bucharest</p></figcaption></figure>

## Artwork

<figure><img src="https://2080266349-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FtA33rz1QWzDr5ObEaLoF%2Fuploads%2FgtnHZ39bpiCxvNZUTvPO%2F47095.png?alt=media&#x26;token=52d8dec9-5e33-4515-89fc-2974253a787f" alt=""><figcaption></figcaption></figure>

Tiles Artwork features basic data about the tile - Location, coordinates as well as the exact map view in the App.&#x20;

Artwork can't be seen in the app - only on the blockchain (so on the Maiar App too).

## Passive Income

The Airdrop Reward mechanism serves to provide incentives and passive income to Tiles holders.

#### How to participate

For Tiles income we've came with the simplest yet most effective solution - **just hold Tiles**.

No action is needed further from simply owning the Tile.&#x20;

#### When do you get rewarded?&#x20;

The Airdrop is distributed every 2 weeks. A countdown timer can be found in the Rewards section of the [Main App](https://docs.landboard.io/apps/main-app).

## Royalties

5% - Protocol Development

2% - Reward Pool - Tiles holders will be airdropped their share of proceeds

1% - Charities&#x20;

1% - LAND buy-back & burning

Royalties can be tracked in the XOXNO smart contract. No royalties distribution has been completed yet.

### How to get a Tile?

It's really easy. Check out the [guide here](https://docs.landboard.io/guides/minting-tiles).

### Blockchain data

* Identifier: [TILE-4aaa4f](https://explorer.elrond.com/nfts/TILE-4aaa4f-0547)
* Total minted (as of 01/11/22): 2950
* Total mintable: 248848
