I still have my doubts.. specially because it's a dividend token.. Most exchanges will act tough to list it. Remember SEC?
Doubts are good. Doubts are what has led my team to put so much planning and effort into our project. We've sliced it and diced it from every angle possible. I'm a risk mitigator by trade. Any token that is coming out today, dividend tokens or otherwise, will find it hard to get listed on the large exchanges immediately. The large exchanges have all been burned by scammy ICOs ran by con artists. The exchanges seem to be taking a "wait and see" approach to most of the new tokens being generated out of the newer ICOs. They want to see that their team is using funds according to their whitepaper and that the project is continuing to move forward before they'll consider listing. When the exchanges do list a new token, it's not exactly an altruistic decision by them. It costs a lot of money to be listed on most of the larger exchanges.
We're more than familiar with the SEC. We've taken great care and spent many thousands of dollars with legal representation to be a project that does not rock the boat with the SEC. We hard block IP addresses from the United States that try to access our payment gateway. We're fully compliant with KYC/AML procedures for anyone across the world purchasing tokens in fiat. We have policies and procedures in place to be compliant and stay compliant. We consider our project a multi-billion dollar play in five years. We're not going to trip over a dollar to make a nickel.
Also it's based on waves platform... everything on waves is dying slowly.. the project sounds good, caught my attention, but why waves for God's sake? While Ethereum erc20 platform is growing and pretty much most wallets and dex exchanges are based on ETH.
I think you paint with a very large brush here. There are many companies on the Waves platform that are thriving. What we bring to the Waves platform is our organic demand. Waves is a newer platform and is continuing to grow. Will they have bumps and bruises? We assume so. We're nine months out from funding from delivering our first houses. Waves will continue to mature, continue to grow. We love the Waves platform and how we're automatically listed on their DEX exchange. Because of our organic demand all we need is the mechanism by which to transact back and forth from PEX to fiat to PEX to fiat to PEX etc. Being listed on DEX eliminates a lot of the concerns that we had about not being able to freely trade in and out of PEX-Tokens. I don't any problems with ER20 token platforms and wish them all the success that they can achieve. They shouldn't have any problems with us either.
Will any big crypto boys invest in this because of it being on waves platform and not erc20 token?
Apparently
Does the company have permission/licenses to build houses in Panama? What other country?
Have you read our whitepaper? We already build and develop houses in Panama. Our proof of concept market is in Panama for the next few years so it would be silly for us to go into a bunch of other countries at this stage and permit up. When that time comes, you can be sure that we'll do it right.
Does the company already have build at least a house that's ready for sell? Or is it going to be like some other doing projects who had everything on paper but nothing in the real world, if so to see any ROI from this token will take at least one year or more. Would it be attractive for traders to invest in this? More traders quicker price gain. Quicker ROI.
We have other houses for sale in Panama in subdivisions that we've developed, but these are outside of the Prime-Ex Perpetual project and are built for and marketed to a different homebuyer than expats.
We have our designs from our architects and promo material is being created now. We will not sell houses in our ecosystem until we are funded. We are nine months away from delivering houses from the date of funding. We won't start selling something we can't deliver. When we can deliver we will start selling, and when we start selling we'll be the first option in any market that we choose to enter.
You're right about the ROI. We'll be a year out from ROI in Prime-Ex Perpetual. This is the real world. You can't just start building an ecosystem of 125 houses. That takes funding. We're not pulling other resources out of other projects and putting them into Prime-Ex Perpetual. Prime-Ex Perpetual will stand on its own two feet. No welfare here. This is pure capitalism. We're brick and mortar and dollars and cents and PEX-Tokens and a whole bunch of profit for PEX-Token holders.
Also is there a telegram chat for this?
Yes. Visit our website. At the bottom there will be a social media button for Telegram.
Hope that helps. I've tried to be as accurate and detailed as possible for you. Again, I agree with doubting this project or any other project, whether inside or outside of the ICO space when it comes to pouring your resources into a start-up. Is the downside risk worth the upside? What's the background of the principals involved? Are they professionals in the field that they're pursuing? What's the real world applicability of the project? Does the team possess the talent and capability to deliver on what they say? Can the project be demonstrated and proven? Can the project achieve mass appeal? Is the project backed by anything? Are their projections reasonable? These are all questions that I ask myself when I'm looking at any opportunity, including my own. Okay, time to take my five hours off this week and check out the Pacific. It will be pretty today with all of the different ships waiting around to enter the canal.
Well first of all thank you for taking the time to explain as much as you can. That's a good sign!
Dividend, is something that the 3 big exchanges will (Bittrex, BitFinex, Binance) act really tough towards, to the point i can say you guys need to find another "word" for it. As long as you don't describe it as "dividend" you are good to go. Otherwise, from experience in other big projects, I can say you will just be arguing with them to the piont that you will change it anyway.
- That's good, perfect.
- That's good, this confirms you guys are not some "get rich quick and be gone" ico's. This also confirms you guys have experience in this. So this ICO's is to fund the new houses that will be build under this project. That's fair. One small question.
Why are the first houses being build after 9 months and not, let's say, in 3 months after the ICO?? What's with the hold up?
About ROI should be a year goal, long term. That's all good also when communicated as such during the ICO.
if everything will go as is promised and I'm interested. The only thing that i see can form a problem (from the viewpoint of traders) is the name "dividend" to get listed on centralized populair exchanges.
As last, enjoy the Pacific.
