I like the little bot you guys have on Telegram, it’s cute 
lol thanks for joining us on telegram as well!
Topic: [ANN] CPROP - Blockchain powered real estate - page 23. (Read 3022 times)
lol thanks for joining us on telegram as well!
please tell me, will there be a bounty or an airdrop for this real estate campaign? could the devs give as approximate dates?
I don't think that we'll see something magor here soon, because they have a very small team to do this project as needed. so there is a bounty that will be done via our telegram channel. I'm also talking with Vinko and the team about having another bounty for BTT. Please give me a couple days, and I'll revert back with details.
Was a survey of platform users done. Basically, do you know service providers that are supposed to be paying, actually gonna be paying?
Yes, we unveiled the demo at Inman Connect this year and it was well received by the real estate community. We currently have several brokers who will enter into a beta phase with us. We also unveiled our ideas at the Global Portal Annual Conference in Bangkok, Thailand about two months ago. The reception was amazingly positive, and we currently are in various stages of talks with over 12 global portals.
So according to what i've read in the thread,CPROP is a blockchain powered real estate platform only for professional real estate agents? And you want agents to pay your fees for using cprop portal?
Our platform is actually a plug in for currently existing portals. We provide real estate agents with a workflow management system, that helps them keep their clients up to the minute informed on what is happening with their homes purchase. We have added the blockchain component to protect the buyers and sellers, especially in a long distance transaction.
My Co-Founder Adam was also cofounder of a company called Dotloop. Dotloop designed a system that digitized real estate documents and later was integrated into the largest portal in the United State called Zillow. We want to similarly integrate our platform with portals like Zillow and other global portals to give real estate agents and buyers/sellers greater transparency and security.
So we are not trying to reinvent or compete with current portals or brokers. We are working with them, to provide them with new revenue streams, and enable them to offer to buyers and sellers a safer and more transparent way to transact.
This looks like a good thing for a long-term keep. The token locking wallet tells me supply will decrease during expansion period, making a great base for a skyrocket of token value.
Our entire team started in crypto by buying coins and tokens, as well as putting money into ICOs. So we wanted to structure our sale of "membership tokens" so that early adopters would benefit as the platform gains users. To that point all memberships will be presold. So anyone wanting to buy memberships later will have to pay market price to owners.
What operations with of the real estate will be available on your project CPROP, it will be an online real estate market, where sellers and buyers of real estate can stir their ads? What cryptocurrencies will your CPROP platform work with and what are the commissions when concluding purchase/sale contracts?
So one of the reasons we are looking to integrate with current global portals and brokerage houses, is we don't want to have to "build" a new market. We have seen other projects try to compete against the current market leaders, without success. Our goal is to make a plug in to current brokerage houses, and portals, that already have listings, and drive additional people to their sites. Then use the CPROP workflow management system to keep the buyer upto date on every step of the buying process, and use smart contracts and blockchain technology, to make the transaction more secure.
Our commissions will be negotiated with portals based on a percentage of the escrow. We will not charge buyers/sellers for concluding a sale, as this is already done by the real estate agent, who will pay a membership fee to use our platform.
The crypto currency you buy a property in will be determined by what the seller will accept. So my guess is BTC would be the main one. At least it has been the most used to date in the industry.
I guess you need to assign some social media manager to answer all the questions now being asked here on the thread. So that it could make a good impression on the investors that looking for a project to fund.
They really need it as soon as possible, with questions flooding the thread waiting to be answered. It will have a good effect if the team can answer it to enlighten many people here how CPROP is indeed changing the way we see and deal real estate.agree
Why is the hard cap 20 mil when the softcap is only 2 mil? If you can pull this off with 2, what is 18 more used for? Also, the team really needs more work to do in order to reach that goal enough to be able to make the platform more successful.
The soft cap is the amount we feel is needed to get the software finished in order to have a minimum viable product (MVP). To fully market and launch the company will cost us around $20m. However, based on feedback from traditional investors, if the ICO fails to reach the $20m goal we believe we could raise money via more traditional channels. But we need at least $2m to reach the level of having a marketable software solution.
Of course, we believe we will reach the $20m via ICO which gives us not only enough monies for development and marketing, but also a runway to reach revenue.
I guess you need to assign some social media manager to answer all the questions now being asked here on the thread. So that it could make a good impression on the investors that looking for a project to fund.
They really need it as soon as possible, with questions flooding the thread waiting to be answered. It will have a good effect if the team can answer it to enlighten many people here how CPROP is indeed changing the way we see and deal real estate. how is ico going? when will it finish?
We are quite pleased with progress. We have taken on initial seed capital, and the project is in good shape. We are working to put together some partnerships, to prove to the market that we can in fact execute on our "ideas". So the Pre-ICO via smart contract will begin end of April, with ICO (if needed) May 25th.
This project will have several tokens. The tradable one is supposed to be an ETH token, and what will be the tokenization and notarization token? You cannot possibly use ETH for that, it’s way too unstable. Did you consider alternatives?
The ERC20 token is a membership token. As the project expands and we work to on the tokenization of documents, we some ideas for how to do this. We have on our team Peer Chemist, who heads the PPC project. You may see some work he has done with the Peer Asset Protocol on GitHub, which we find very interesting.
Hey, I'd love to use a cryptocurrency to buy myself a house in the future!
If you have the crypto you can do that today! One of our advisors Piper Moretti has done several transacations for homes in California via Bitcoin which is super-cool. But hopefully soon you can do it worldwide via our integrated platform!
Are you serious you’re trying to pull this off with that team?
What are your developers, can you tell me if you have more than one tech and one blockchain guy?!?!?!
What are your developers, can you tell me if you have more than one tech and one blockchain guy?!?!?!
We have an entire team of developers as Adam Koehler who is a Co-Founder has another business that specializes in development. In addition, we are adding more blockchain expertise to the team.
To clarify, muchwlv is Luke Sesito, founder of CPROP. Thank you for joining the discussion!
Lol guys...yes sorry...this is Luke Sestito Co-Founder of CPROP.
You should have someone to reply on BTT and Telegram.
Members too do not reply on Telegram
Members too do not reply on Telegram
hmm team is on telegram daily. BTT just getting started.
The team must really pay attention to every member in the Telegram as much as possible. We may never know if someone who just sent a message might be huge potential investor.
Relax mate. They have just started and people are still coming in. But yeah, they need to be active in every channels they participated into. And the good thing here in BTCTalk, the admin is active answering the queries. Hoping he would continue to be this active even after the ICO.
I agree, when it comes to the telegram group the admins should be really active since the member can only gain updates and answered questions fast in the group. Active admins is a sign that the project is also concerned for the members and not only for the project.
waiting for the sale of tokens. Tell me, what happens if you do not reach the soft cap? I hope it does not pass and yet I would like to know. do you have a bounty campaign?
soft cap is already reached.
What operations with of the real estate will be available on your project CPROP, it will be an online real estate market, where sellers and buyers of real estate can stir their ads? What cryptocurrencies will your CPROP platform work with and what are the commissions when concluding purchase/sale contracts?
As I checked your website to see more "information" why does only three members have a link to their LinkedIn profile? How about the others? Also some of the members on the LinkedIn profile doesn't have any profile pictures which must be present to know that the profile is real or not right?
sure it's a pretty big fault cause you want to know whom you trust. so now a lot of projects like this, they should be competetive (at least should have true inf) I think all members on the website have photos? We only put linkedin to the founders, but is possible to add linkedin for all if the community thinks it adds value. (actually I think on the older site we did have linkedin for all). Will talk to Justin about adding it back.
Is there any plan to implement existing personal identity blockhain tech, like TheKey or similar? Sounds like your platform can use something like this
Absolutely, we want to integrate other blockchain solutions into our platform. We are focused on the real estate transacation. Other blockchain companies that bring value...we would rather integrate their solution, than try to redesign and take away time from our core mission.
Doing a little digging, two out of three founders are in something called Sanus Connect - http://sanusconnect.com/team/ Is this connected with CPROP, what is going on here?
The RoadMap in the litepaper talks about an MVP soon to come out… is there a demo now or something we can see? I am curious as to how such a process can work
The RoadMap in the litepaper talks about an MVP soon to come out… is there a demo now or something we can see? I am curious as to how such a process can work
Yes so Sandy and I started a company called Sanus Connect several years ago. We developed a software solution that is being used by the worlds second largest property management company in the world (JLL). It was at that time we started to look at blockchain, to see if there are opportunities to implement blockchain into the commercial building sector.
In commercial buildings you have data everywhere, but its hard to find, and bring together. It gets lost over time, and therefore when it comes time to buy or sell a commercial building records get lost. We are working on an idea we call "Carfax" for buildings, that uses blockchain to take all this silo'd data, bring it together and make due diligence on commercial buildings easier.
On the residential real estate side. you can see a mock up of our demo at http://mvp.cprop.io
Will cprop token be usable as a payment method for buying the property on your platform?
At this time, the plan is to use the token as a membership token. We will have a smart contract escrow piece that will operate using the tokens, but the plan is currently NOT for full purchasing. But if you can find a home seller that will accept CPROP for the sale...I guess you could do it! It will probably mean the project is rocking...so lets hope one day.
Jump to: