Actually the ICO is registered in Estonia therefore the SEC regulations do not apply to Housinet.
Housinet is opening an office in Tampa. As stated on our website “Future Housinet Hubs = Tampa and other cities”
The HIN token offers the ability to pay rent with crypto. Also, the fee to access the Rental and Property module can only be paid via HIN tokens.
As you saw on our roadmap, product development hasn’t started yet (Q2 2020). The company is going through the ICO to raise capital and start development.
Thanks for answering some of the questions.
Though leaving some others open..
Estonia is indeed one of the better places to hold an ICO, although future laws might make it less attractive. Under current law the token can be seen as a payment token, which has no specific laws applied.
I'm well aware that the full product development is to be started in Q2 2020, however most teams I've come across have some code ready for demonstrations etc hence the Q.
See the above answer regarding the mockup/demo concern. If you feel like there was an unanswered question, please go ahead and ask it again. Believe me, we are a team that is as transparent as it gets 😊
Lets just say, I don't see the link to business currently. There is no MVP ( okay you mentioned it would be build in the upcoming weeks), The company is currently registered on CEO personal address (I get it, don;t worry will not post it publicly).
Although the site makes you feel like dealing with an semi-established company, the company is in its early phases, building up and in a semi-need to advance further and grow on a rapid pace. ( This is a personal view on it, anyone should do their own due dilligence).
What is the benefit to run this kind of software on a public ledger vs a private ledger (or even just in a distributed database model)?
Why has there been chosen to get the lump sum of cash from crypto?
Has this been pitched to regular investors?
How much of the company equity is in control of the team?
What happends if the pre-ico does not meet its cap?
What are the lock-in periods for team and founders (combined 20% of the total)?
What is the lock-in period for advisors? Are the advisors payed in token+cash or pure token?
Are the advisor,team and founder tokens dependant on the total of sold tokens? Eq. if only 10m USD of tokens is sold, is the total amount of tokens for the team and founders adjusted to match in %?