Chainlink’s recent announcement of Landshare’s integration of its tokenization infrastructure, including CCIP and Automation, signifies a significant step towards unlocking utility and liquidity for Landshare’s native token, LAND. This integration extends across multiple networks such as Polygon, BNB Chain, and Arbitrum, enabling seamless token transfers through Transporter for users.
The positive response from the community is reflected in the increasing token values, with LAND experiencing a 2.78% rise in the last 24 hours, reaching $2.20. Over the past 7 days, LAND has surged by 18.39%, although it has seen a 19.03% decline in the last 30 days. With ongoing integration with Chainlink, Landshare aims to achieve the $5 mark by the year-end.
Chainlink’s native token, LINK, has also seen positive movement in response to this development, gaining 0.53% in the last 24 hours and 9.98% in the last 7 days. Despite a 2.82% monthly decline, LINK is currently valued at $14.33. According to Chainlink’s forecast, LINK is likely to rise to $20, showcasing a mutual growth trend between LINK and LAND.
The community has expressed enthusiasm about this partnership, viewing LAND as a promising asset that could yield significant returns for its holders. Landshare, as an RWA platform, has confirmed the integration through its X profile, expressing excitement over achieving its Q1-Q2 roadmap goals. Additionally, Landshare hinted at upcoming activities where users can engage in bridging, burning, and staking to compete for the 2,000 LAND rewards pool.
This development follows Chainlink’s collaboration with Fidelity International and Sygnum, offering on-chain NAV data for Fidelity International’s $6.9 billion money market fund. Moreover, Chainlink’s CCIP adoption has been showcased through Morphex’s upgrade for cross-chain token transfers between Mode Network and Base.
Industry recognition for Chainlink’s price feed has increased, evident through Moonwell’s integration to enhance borrowing and lending functionalities across Moonbeam Network, Base, and Moonriver Network. Both Chainlink and Landshare prioritize user experience improvements, with Landshare streamlining the KYC process for minting NFTs containing encrypted credentials on-chain, paving the way for a smoother user experience.
As Chainlink and Landshare forge ahead with their partnership, the community eagerly anticipates the forthcoming benefits that will positively impact them on a larger scale.
