# What is Terra Land? The Terra Land project is a **global transactional platform** **designed for selling either entire real properties or in parts, utilising blockchain technology**. Terra Land facilitates fractional real estate utilizing **Terra blockchain** and the TerraUSD **(UST) stablecoin**. This allows using crypto coins that near-perfectly shadow the US Dollar, while remaining entirely on the blockchain. Every transaction gets recorded on the blockchain, and can be verified by anyone interested. For this purpose we utilise smart contracts which create a trustless environment where the reliability of a party is not relevant to the safety of every transaction it facilitates. In June 2020, the project was favorably reviewed by VC Impera Alfa Fund, which resulted in obtaining a grant from the National Center for Research and Development (European Union Grant) for launching the MVP platform. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://terralandacademy.gitbook.io/terra-land-academy/terra-land-project/what-is-terra-land.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.