Highlights

• World's first onchain land treasury - NAV-backed, independently appraised titled real estate
• $LAND token represents diversified exposure to the entire treasury - not a single parcel
• Flagship asset: Apuao Grande private island, Philippines - eco-luxury resort development
• 6 assets in active pipeline across Philippines, Indonesia, Africa, Norway, and South Africa
• Quarterly USDC distributions onchain - potential yield from land leasing and hospitality revenues
• Open to accredited and institutional eligible participants only via Brickken regulated platform***

The Opportunity

Land is one of the world's largest asset classes - yet it has historically been inaccessible to most eligible participants due to high capital requirements, complex legal processes, and fragmented local markets. Transactions take months, there is no standardized way to participate across geographies, and high minimum thresholds lock out most participants. Amihan changes this: - Minimum participation from USD 200 - fractional exposure to verified real-world land assets - Global access - direct participation in land across Philippines, Africa, Norway, and more - Full transparency - independent third-party valuations and onchain audit trail on assets - Regulated structure - BVI-incorporated entity, KYC/AML via Brickken regulated platform - Quarterly income - USDC distributions onchain from land leasing and hospitality revenue

Flagship Asset

Mercedes Island (Apuao Grande) is a 64-hectare private island located in the Calaguas archipelago, Philippines. The asset is positioned as the flagship treasury asset of the project and combines long-term land exposure with eco-luxury tourism development potential. The island includes over 2 kilometers of contiguous beachfront and is structured through a combination of equity participation and long-term lease rights designed to support future resort operations, hospitality revenue generation, and long-term asset appreciation.

Fund's Structure

The project operates through a traditional fund-style architecture designed to combine real-world land ownership with onchain transparency and tokenized access. The structure is centered around a BVI-based entity that issues the $LAND token based on the independently assessed net asset value (NAV) of the underlying land portfolio. Each token is intended to represent exposure to the broader treasury rather than ownership of a single property, while all land assets are held through jurisdiction-specific SPV structures globally. • Token Standard: ERC-20 ($LAND) • Portfolio Structure: Multi-geography land treasury • Main Fund Entity: AMIHAN Innovations Limited (BVI) • Distribution Model: Quarterly onchain USDC distributions • Asset Backing: Real-world land assets held through SPV structures • SPV Model: Separate jurisdiction-specific entities holding legal title to assets • Transparency Model: Asset valuations and treasury activity disclosed onchain • Token Issuance Model: 1 token issued per USD of independently appraised NAV REVENUE STREAMS • Property Income: Ground lease payments, rental income, and operational hospitality revenue • Capital Appreciation: Growth in NAV through asset revaluations and development activity • Treasury Operations: Yield generation from reserve holdings and structured finance opportunities • Distribution Currency: USDC-based onchain distributions to token holders

How the Model Works

The project follows a structured asset-to-token process designed to connect real-world land ownership with transparent onchain treasury accounting. Each asset goes through sourcing, legal verification, valuation, SPV structuring, and token issuance before becoming part of the broader land-backed treasury ecosystem.

Why This Market

Global land market estimated at USD 50 trillion+ - one of the largest yet most underleveraged asset classes in the world. WHY LAND SPECIFICALLY • Finite supply - no new land is ever created • Zero depreciation - unlike buildings or equipment, land does not age • 300+ years of consistent long-run appreciation across global markets • 7–12% annually in fast-growing Asian economies on average* • Land tends to outperform inflation by 2–3x over 10-year periods • Sovereign wealth funds hold raw land for 30 years as a store of value • Minimal to zero operating costs for dormant land holdings • Unlocks liquidity from an asset class historically difficult to buy and sell • Enables fractional ownership - lower barriers to entry for global investors WHY NOW • Fast-urbanizing economies in Southeast Asia, Africa, and Latin America driving demand • Rising inflation pushing institutional capital toward hard and tangible real assets • $LAND integrates directly into DeFi - new ways to use land beyond rent or leasing • No regulated, NAV-backed land participation vehicle had previously existed before Amihan

Revenue Model

$LAND token holders receive exposure to income generated across the treasury's asset base. Distributions are intended to be paid in USDC onchain on a quarterly basis. INCOME STREAMS • Property Income - ground-lease premiums, rental yields, and operational revenue from real estate holdings. Flagship example: Apuao Grande ground lease - USD 2 million upfront premium + 10–12% of gross hotel revenue*. • Capital Appreciation - NAV growth driven by independent semi-annual revaluations of underlying land assets. Apuao Grande projected exit value: USD 38–44 million by Year 10 vs. current appraisal of USD 6–8 million. • Treasury Activity - additional yield from USDC reserves and strategic land rights held within the portfolio. This includes a secured 1% right over 42,864 hectares of land - Africa (AFRICA123) is one of the project's next planned asset additions. FEE STRUCTURE • 1% Mint Fee - charged upon token issuance • 2% p.a. Management Fee - annual fund management fee • 20% Success Fee - applied to net realisations upon exit

Roadmap

Legal Structure

Amihan operates through a formally structured legal framework designed to ensure asset security, investor protection, and regulatory compliance across all operating jurisdictions. ENTITY STRUCTURE • Issuing entity: AMIHAN Innovations Limited, incorporated in the British Virgin Islands (BVI) • Each land asset held through a separate, jurisdiction-specific SPV entity structure • Direct real estate only - exempt from MAS Securities and Futures Act (Singapore) TRANSPARENCY & ONCHAIN AUDIT • Every mint, fee, and distribution logged on the Ethereum blockchain • Independent third-party valuations conducted on a semi-annual basis • Full audit trail of all transactions publicly accessible onchain at any time INVESTOR ELIGIBILITY & SUBSCRIPTION • Available to accredited and institutional eligible participants only • Not available to Singapore residents or entities • Subscriptions processed exclusively via Brickken regulated platform • Full KYC and AML verification procedures applied to all participants

Asset Portfolio**

The Team

The Amihan team brings together extensive experience across real estate development, investment banking, and digital asset markets. Collectively, the founders have been involved in over $4 billion in direct real estate transactions across global markets.

*Target only. Not a guaranteed or promised return **All figures, percentages, and returns shown in the infographics are targets only and are not guaranteed. ***Participation depends on successful completion of eligibility and KYC/accreditation review.