Topic: [ANN] [IMO] REcoin - page 4. (Read 19074 times)

where the link of tracker stake?

It says above that recoin is the first real estate crypto. looks like there is about 20 or so
And the REAL coin thread actually contains meaningful discussion, not incomprehensible gibberish!

Hi fans and devs.
Since i have noticed lately quite a few real estate projects I have decided to prepare a discussion about the comparison of different projects on this field.
Feel free to participate in discussion, since you know best all details about your project.
https://bitcointalksearch.org/topic/m.21480585
Thank you         

As for the first part, you are absolutely right, the realization of coins on market is more profitable, you are correct.
And as for the second, if the Real Estate pool becomes smaller, it might affect the price of tokens, but only if the token holders will bet on shorting (play on the slide).

I'm not a fan of REcoin but to call real estate a 'volatile commodity' shows you really don't know anything about real estate...
it's actually one of the most stable investments that exists in the world,
far more stable than any currency, fiat or digital.

Objection noted. We'll do.

Well, we can't give you a detailed explanation, since we are not cooperating, and are not able to tell you all the differences since we do not know how REAL exactly works. Moreover, any information we give may be considered a marketing move, especially given it's posted in ANN thread. But, if you're up for it, try comparing our white papers and those of Real, and then enlighten us all. We'll also be grateful if you do a comparison of our projects with a view from a 3rd side, including all + and -. And then we may continue our talk.

I understand that it has drastically low chance of occurrence since you assure 80% of market price. That means that if I sell coins on market I will always get 20% more. Correct me if I'm wrong.
But anyway if it comes to claiming the backing real estate, what happens to the coins? Are they dumped at the market or it depends on market situation or is there some other solution?

Thanks devs for concrete answers that we were waiting for some time.
I understand that some answers needs to be consolidated with more people, but it is better to tell that you will answer in next days then to just keep us waiting, because it looks like ignoring.

The absolute majority of tokens are not guaranteed by anything,
 their price is totally fictive. In a best case, it's based on the difference between the demand and supply on exchanges.
In our case, the main idea of REcoin token is providing a  backup in form of real estate objects, the total cost of which is a fund, that guarantees the liquidity of tokens.
About how the choices of Real Estate objects are made: I think that this point is already described good enough in our Whitepaper. If to be brief, we are planning to include a voting system for choosing one or another object from the pool. It will be a completely transparent process.

I can only wish good luck in new ventures. And the bounty program is simply the top.

Why do you think so?

Yes, it's very cool for buyers

First of all, one should understand that REcoin project, as an idea, was born several years ago.
The serious work over the concept started more than a year ago. The concept was developed in full compliance with laws of USA and four other countries, which where chosen as the basis for purchasing and functioning of REcoin's fund. Thus it gives the project some flexibility and even the ability to adapt for the changes in law that are yet to come. A lot of time and resources were spent on consultations with lawyers and financial specialists, but in June-August significant changes had ocurred in a law field of USA and other countries. So, there are some points we would like to furhter enlighten.
1. SEC has given more than concrete explanations about ICO and those tokens, that go under the term securities.
The Howey Test is the main point here. It should be passed by all the coins, that are issued under ICOs or other projects.
2. The REcoin tockens are not "securities". We have drawn our concept absolutely clear on that in technickal and marketing whitepapers. We do not GUARANTEE, and do not PROMICE, the direct deductions to the token holders.
3. As for the exchanges, now is quite a difficult moment not only for the REcoin, but for other projects and coins as well. You can ony observe what's happening with a big exchanges, i hope you get this line... But we hope that when  the REcoin token will be completely formed, (from the technica point of view) and will be placed on a big exchanges, the situation will be more clear.

Once again, feel absolutely free to ask any questions that come to mind.
Moreover, your questions are really interesting and help the community to get a clearer and more detailed grasp of how it's going to work and better understand our concept. Also, we kindly ask for your patience and understanding. The delays in answers originate from our desire to answer your questions correctly, and some of your questions should be coordinated with a lot of different people.
We are very grateful to you and hope you will understand.
On our side, we understand that real estate market is a very specific one, and in the near future, we are going to make an announcement from a REcoin's founder, which will be mainly about the real estate asset and the REcoin concept as a whole. In connection with recent changes in parts of laws of different countries dedicated to real estate and ICO's we have to react on that and do corrections with all due haste, so the whole team is completely loaded with work right now.

As for the transparency, the real estate market is one of if not the most transparent market out there. And in our case, all the deals involving buying, lending, or any other operations with real estate will be completely transparent and easily accessible.

Sorry for the long reply*
To begin with, we'll have to do a calculation of whether the total mass of tokens is critical enough for the refund. If yes, then we will do calculations of how much it will affect the market price, and in case that the change is significant enough, we will negotiate with that investor. That negotiation will consider the interests of all sides, but first and foremost, the REcoin community.  There are numerous probable results that will lead to the eventual solving of this situation: from gradual step by step refund to the givage of the part of rights. And one could not predict an outcome with a 100% certainty, there are just too many factors that should be taken into consideration.
I hope I answered your question, but let me remind you once again that this situation has a drastically low chance of occurrence.

I usualy don't post links to other projects in announcement threads, but if you insist:
https://www.real.markets/

I just posted the ones from page 20 on, on top of previous page.
But anyway, here they are again:

Well, if this coin is a scam, then it has to be different from other coins. In the author's opinion, you just need to find not a scam project and this will be his understanding of the REAL.(I think so)