[ANN] Real Estate Blockchain Crowdfunding Technology - page 150.

BonTonPlease

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Activity: 504

Merit: 251

Quote from: toolucky98 on August 26, 2017, 06:09:06 AM

Quote from: Coin_trader on August 26, 2017, 05:59:09 AM

Quote from: BonTonPlease on August 26, 2017, 05:54:35 AM

]This wouldn't make any sense at all. The real estate is tokenized. It doesn't matter how much the coin is worth, it represents the appropriate share in a real estate no matter what. However, it should be assumed that the value of the coin also reflects the value of the properties, which is then again difficult to handle. Do those coins get any kind of specific tag, for example property 1 etc.?

How could this one didn't make sense? You already said that it should be assumed that the value of the coin reflects the value of the properties, then it will make sense.
The value of the properties is directly proportional to the value of coin and vice versa.

I already answered this thing.
"The value of the properties is directly proportional to the value of coin and vice versa."
That things matter when you want to buy REAL token from another currencies. The value of the properties are depend on the amount of REAL tokens, not the value of the tokens.

Ok I don't understand this... If you have a single token that is supposed to reflect a property's value, how are you going to deal with all the tokens reflecting fluctuant value of various properties? You either need a clear identifier of a token per property, or you have a problem. It's as simple as that.

hannusolo

sr. member

Activity: 434

Merit: 257

Another great project to watch! I'm glad that I found it before the ICO starts. I like these crowdfunding where the creators are offering a profit sharing service!

ammosov

full member

Activity: 140

Merit: 100

Quote from: fahmp7 on August 26, 2017, 08:14:56 AM

Thing is, the salaries should be paid from the money they earn, that is from 10% of profits.
If they take 13% of ICO money to pay the salaries, it means that investors loose 13% at the very start.
I also asked whether 12-20% return is before or after costs. I got no answer, but 20% is insane.
Here in Poland you get 6-7% after costs.

So if they take 13% of ICO money, that means that it will take 2-3 years to brake even. That is absolutely ridiculous.

And since Melissa doesnt answer my questions, I come to conclusion, that I'm right.
They just don't want to admit it, but they know they're not playing fair.

Methinx they said smth like:: Rent - Costs - 10% cut = investors' income. If there is anything to be concerned about, it's costs. If they exceed rent - investors get nothing. Also, if rent is low or unsteady (vacation properties are occupied only during vacation season), cash flow will be spotty and negative outflows are possible.

ammosov

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Quote from: sugarboy on August 25, 2017, 05:27:07 PM

Quote from: chaoscoinz on August 25, 2017, 05:22:25 PM

Quote from: PS92 on August 25, 2017, 04:41:47 PM

Quote from: shagorbleed on August 25, 2017, 02:44:53 PM

supporting real for a long time. i have a question. how will you distribute the dividends actually??? and may i know which country based company is REAL???

Dividends/profits are paid back in Ether, not REAL. I think this is all done by using smart contracts. The trading and selling of the rights to the investments (RPPs) will be done on the platform. I'm not sure if this will be done using traditional centralized exchange mechanisms or also by smart contracts.

Most of the team are from Spain, so I assume the company will be based there as well.

You are partially correct, REAL startup is incorporated out of Singapore, but is recruiting workers out of both, Barcelona, and Singapore. Unfortunately, it is not open to U.S based investors, based on the SEC securities regulations. Coinfabrik is the company who is handling the security audits. The company is legit, it has a U.E.N code, and a physical address.
The more tokens put forth into the crowd-funding of real estate properties, the fewer tokens will be available for circulation, in turn, driving the price of tokens up, causing a natural growth in initial liquidy. There is income to be made all around with this unique economy, from the tokens themselves, to the rental properties, and then the hard sales made from selling the property outright, which reimburses you your invested stake of tokens, plus generated profits from the sale. I can't invest, but like I said, I'm following this campaign closely, in order to learn, seeing how I've always been interested in real estate.

It does not make sense, If I understand it correctly I can buy the REAL tokens on the open market eventually, but as an American the SEC says I cannot invest in the ICO? Huh

Crazy Crazy world.

There is a possibility you cannot buy in a secondary market either. Or, rather, while you can, REAL can be liable in the US for it, so it might restrict ownership to non-US persons.

mike0182

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Quote from: LifeOfDoge on August 26, 2017, 10:32:45 AM

Quote from: imtiazmahmood on August 26, 2017, 09:08:41 AM

someone know real token which exchange will be available after ICO? and what distribution when will be distribute to investors? after ico or same time?

Not sure, but projects like this are usually listed after ICO on exchanges like novacoin cryptopia or livecoin, so I would be expect the same for this one.

Not sure, but it seems to me that a project that interested bitcoinsuisse, will be listed not only on this exchanges. Wink

Korsakopf

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Quote from: imtiazmahmood on August 26, 2017, 09:08:41 AM

someone know real token which exchange will be available after ICO? and what distribution when will be distribute to investors? after ico or same time?

It is already confirmed to be listed on Gatecoin in september: https://blog.gatecoin.com/blockchain-asset-weekly-25-august-2017-6ec991c0eed0

I personally expect bigger exchanges to follow and i hope Bittrex as well. But i know Bittrex can be troublesome to get listed. In an interview with one of the people from REAL he mentioned they hired someone especially to market them to Exchanges. A really good sign!

LifeOfDoge

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Quote from: imtiazmahmood on August 26, 2017, 09:08:41 AM

someone know real token which exchange will be available after ICO? and what distribution when will be distribute to investors? after ico or same time?

Not sure, but projects like this are usually listed after ICO on exchanges like novacoin cryptopia or livecoin, so I would be expect the same for this one.

cantdecide

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Merit: 112

Quote from: bikers online on August 26, 2017, 07:56:14 AM

Now many emerging cryptocurency projects that use the concept of real estate, and indeed this concept is very promising benefits doubled, hopefully this project can be successful

I also realized that there are a lot of new real estate projects recently, but do they have an working project already and so much experience? I don't think so. I checked some of them and most of them were just at the begining. REAL instead has already partners etc. But on the other side, competition is always good in some markets. Cheesy

sanojcoin

member

Activity: 159

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excited about that ico.. can't wait till it launched

big potentiall Cheesy

cya

imtiazmahmood

sr. member

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someone know real token which exchange will be available after ICO? and what distribution when will be distribute to investors? after ico or same time?

Jay2408

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🚀🚀 ATHERO.IO 🚀🚀

Quote from: donberna on August 26, 2017, 08:51:07 AM

Quote from: fahmp7 on August 26, 2017, 08:14:56 AM

Quote from: PS92 on August 24, 2017, 04:45:39 PM

Quote from: fahmp7 on August 24, 2017, 03:08:58 PM

Ok, now it's getting absurd.
I asked simple questions. Melissa tends to answer all but mines.
So I ask once again.
Is it possible that approx 13% of ICO money goes to 5yeartime salaries of the team? So that at the very start investors are 13% short?
plus some other simple questions.
And another one since I got a bit frustrated... is your plan to @#$@ us ?

Quote from: fahmp7 on August 22, 2017, 07:43:56 AM

Hello Melissa, could you please answer my questions from Sunday?

Quote from: fahmp7 on August 19, 2017, 07:13:45 PM

Hello Melissa,

I've just read all the posts and the Whitepaper and I've got a few questions that i believe haven't been asked yet.

1) Do i get it right that dividends will be paid in ETH based on ETH/EUR rates at the day of payment ?

2) I quite don't understand the concept of Core Operating Budget. If all goes well and hard cap is reached you'll get approx. 60M $. You wrote in Whitepaper that because of COB, 80-90% of that sum will go to push fund. COB is etimated to be 8M $ in the next five years, that is 13,3% of hard cap.
a) does that mean that COB, which basicly is salaries of the team, will be funded in full for the next five years from the money gathered through ICO?
b) salaries in the Whitepaper are shown in ETH. Is it for illustrative purposes, or do the team get paid in ETH? If so, what when ETH increases in value 300%?

3) Are the targeted 12-20% annual returns before or after operational/maintenance/management costs and interest rates?

Best wishes,
BM

What's the problem Fahmp7? Aren't salaries for IT normally the biggest part of operational costs? So then 13.3% isn't that big a part or is it? Especially since they are planning on expanding the team immensely.

The fact that their salaries are in ETH does concern me. There's no need for a developer to be earning 10x the salary of a normal developer if ETH decides to go x10. On the other hand, if ETH goes /10, it might be cause for developers to leave the company.

Would love an explanation from the team for this part as well!

Thing is, the salaries should be paid from the money they earn, that is from 10% of profits.
If they take 13% of ICO money to pay the salaries, it means that investors loose 13% at the very start.
I also asked whether 12-20% return is before or after costs. I got no answer, but 20% is insane.
Here in Poland you get 6-7% after costs.

So if they take 13% of ICO money, that means that it will take 2-3 years to brake even. That is absolutely ridiculous.

And since Melissa doesnt answer my questions, I come to conclusion, that I'm right.
They just don't want to admit it, but they know they're not playing fair.

Do you know anything about business? Any startup that receives funding, for example venture capital, uses it to fund operations. Any company needs to pay its employees, where do you think that money should come from? Only mature companies are able to pay employee salaries from their revenues. Using ICO proceeds (or any type of seed capital) for salaries is literally extremely common. Get your business knowledge in check before spreading nonsense

You are probably right, but I also understand Fahmp7. Melissa so far has been very responsive, it would be good to answer these questions as well.

donberna

newbie

Activity: 11

Merit: 0

Quote from: fahmp7 on August 26, 2017, 08:14:56 AM

Quote from: PS92 on August 24, 2017, 04:45:39 PM

Quote from: fahmp7 on August 24, 2017, 03:08:58 PM

Ok, now it's getting absurd.
I asked simple questions. Melissa tends to answer all but mines.
So I ask once again.
Is it possible that approx 13% of ICO money goes to 5yeartime salaries of the team? So that at the very start investors are 13% short?
plus some other simple questions.
And another one since I got a bit frustrated... is your plan to @#$@ us ?

Quote from: fahmp7 on August 22, 2017, 07:43:56 AM

Hello Melissa, could you please answer my questions from Sunday?

Quote from: fahmp7 on August 19, 2017, 07:13:45 PM

Hello Melissa,

I've just read all the posts and the Whitepaper and I've got a few questions that i believe haven't been asked yet.

1) Do i get it right that dividends will be paid in ETH based on ETH/EUR rates at the day of payment ?

2) I quite don't understand the concept of Core Operating Budget. If all goes well and hard cap is reached you'll get approx. 60M $. You wrote in Whitepaper that because of COB, 80-90% of that sum will go to push fund. COB is etimated to be 8M $ in the next five years, that is 13,3% of hard cap.
a) does that mean that COB, which basicly is salaries of the team, will be funded in full for the next five years from the money gathered through ICO?
b) salaries in the Whitepaper are shown in ETH. Is it for illustrative purposes, or do the team get paid in ETH? If so, what when ETH increases in value 300%?

3) Are the targeted 12-20% annual returns before or after operational/maintenance/management costs and interest rates?

Best wishes,
BM

What's the problem Fahmp7? Aren't salaries for IT normally the biggest part of operational costs? So then 13.3% isn't that big a part or is it? Especially since they are planning on expanding the team immensely.

The fact that their salaries are in ETH does concern me. There's no need for a developer to be earning 10x the salary of a normal developer if ETH decides to go x10. On the other hand, if ETH goes /10, it might be cause for developers to leave the company.

Would love an explanation from the team for this part as well!

Thing is, the salaries should be paid from the money they earn, that is from 10% of profits.
If they take 13% of ICO money to pay the salaries, it means that investors loose 13% at the very start.
I also asked whether 12-20% return is before or after costs. I got no answer, but 20% is insane.
Here in Poland you get 6-7% after costs.

So if they take 13% of ICO money, that means that it will take 2-3 years to brake even. That is absolutely ridiculous.

And since Melissa doesnt answer my questions, I come to conclusion, that I'm right.
They just don't want to admit it, but they know they're not playing fair.

Do you know anything about business? Any startup that receives funding, for example venture capital, uses it to fund operations. Any company needs to pay its employees, where do you think that money should come from? Only mature companies are able to pay employee salaries from their revenues. Using ICO proceeds (or any type of seed capital) for salaries is literally extremely common. Get your business knowledge in check before spreading nonsense

fahmp7

newbie

Activity: 32

Merit: 0

Quote from: PS92 on August 24, 2017, 04:45:39 PM

Quote from: fahmp7 on August 24, 2017, 03:08:58 PM

Ok, now it's getting absurd.
I asked simple questions. Melissa tends to answer all but mines.
So I ask once again.
Is it possible that approx 13% of ICO money goes to 5yeartime salaries of the team? So that at the very start investors are 13% short?
plus some other simple questions.
And another one since I got a bit frustrated... is your plan to @#$@ us ?

Quote from: fahmp7 on August 22, 2017, 07:43:56 AM

Hello Melissa, could you please answer my questions from Sunday?

Quote from: fahmp7 on August 19, 2017, 07:13:45 PM

Hello Melissa,

I've just read all the posts and the Whitepaper and I've got a few questions that i believe haven't been asked yet.

1) Do i get it right that dividends will be paid in ETH based on ETH/EUR rates at the day of payment ?

2) I quite don't understand the concept of Core Operating Budget. If all goes well and hard cap is reached you'll get approx. 60M $. You wrote in Whitepaper that because of COB, 80-90% of that sum will go to push fund. COB is etimated to be 8M $ in the next five years, that is 13,3% of hard cap.
a) does that mean that COB, which basicly is salaries of the team, will be funded in full for the next five years from the money gathered through ICO?
b) salaries in the Whitepaper are shown in ETH. Is it for illustrative purposes, or do the team get paid in ETH? If so, what when ETH increases in value 300%?

3) Are the targeted 12-20% annual returns before or after operational/maintenance/management costs and interest rates?

Best wishes,
BM

What's the problem Fahmp7? Aren't salaries for IT normally the biggest part of operational costs? So then 13.3% isn't that big a part or is it? Especially since they are planning on expanding the team immensely.

The fact that their salaries are in ETH does concern me. There's no need for a developer to be earning 10x the salary of a normal developer if ETH decides to go x10. On the other hand, if ETH goes /10, it might be cause for developers to leave the company.

Would love an explanation from the team for this part as well!

Thing is, the salaries should be paid from the money they earn, that is from 10% of profits.
If they take 13% of ICO money to pay the salaries, it means that investors loose 13% at the very start.
I also asked whether 12-20% return is before or after costs. I got no answer, but 20% is insane.
Here in Poland you get 6-7% after costs.

So if they take 13% of ICO money, that means that it will take 2-3 years to brake even. That is absolutely ridiculous.

And since Melissa doesnt answer my questions, I come to conclusion, that I'm right.
They just don't want to admit it, but they know they're not playing fair.

LifeOfDoge

full member

Activity: 182

Merit: 100

Quote from: Trrrt on August 26, 2017, 07:35:21 AM

Yes i think REAL token will be more stable too, cause they're based on true life things and offer dividend to holder. Its pretty important to control the volatility of a token. I know that real estate market is not so easy, that why we have an experienced team team with real, I think they will manage the investment very well, especially of they target Spain and US, a lot of invest in real estate worth it in these countries.

For sure it will not go down as it will be backed by real value so it will probably go only up.

bikers online

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Now many emerging cryptocurency projects that use the concept of real estate, and indeed this concept is very promising benefits doubled, hopefully this project can be successful

the_donald

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Quote from: Trrrt on August 26, 2017, 07:35:21 AM

Yes i think REAL token will be more stable too, cause they're based on true life things and offer dividend to holder. Its pretty important to control the volatility of a token. I know that real estate market is not so easy, that why we have an experienced team team with real, I think they will manage the investment very well, especially of they target Spain and US, a lot of invest in real estate worth it in these countries.

Spain and US are great markets to begin with. Lots of tourists, with lots of resorts. I did suggest an investment in the Greek islands, but that's probably further down the road, when the project really kicks up.

Trrrt

full member

Activity: 448

Merit: 107

Yes i think REAL token will be more stable too, cause they're based on true life things and offer dividend to holder. Its pretty important to control the volatility of a token. I know that real estate market is not so easy, that why we have an experienced team team with real, I think they will manage the investment very well, especially of they target Spain and US, a lot of invest in real estate worth it in these countries.

Rigorous

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Activity: 574

Merit: 115

Quote from: Marenos on August 26, 2017, 07:03:38 AM

Quote from: Jay2408 on August 26, 2017, 06:19:06 AM

Yes, of course real estate projects are not per se stable or profitable. I'm just thinking of the Turkish hospitality sector.

Yeah, hospitals and similar buildings are a tricky thing. But these are not the projects wich real is going to Support. When I remember right,... A few days since i read the whitepaper...

Lol, hospitality not as in medical hospitals, Jay's talking about the tourism industry in Turkey. You know, those 5-star all-in hotels and resorts. They are in a bit of a slump because of terrorism, migrant crisis and political tensions.

Marenos

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Merit: 106

Quote from: Jay2408 on August 26, 2017, 06:19:06 AM

Quote from: Rigorous on August 26, 2017, 06:06:43 AM

Real tokens are expected to be less volatile than other cryptocurrencies. They serve a different need, one that might be overlooked by most of us currently, but has great potential once people learn about it. That is, what if you want to reap the (tax) benefits of crypto without the emotional rollercoaster?

I have to add a disclaimer though, although real estate is supposed to be more stable, it can be a rollercoaster as well. Look at the ghost towns in China and ... Spain.

Yes, of course real estate projects are not per se stable or profitable. I'm just thinking of the Turkish hospitality sector. But due to the diversification in terms of different kinds of assets (hospitality, residential, commercial) and different regions of the world REAL want to invest, a risk minimization is given.

Yeah, hospitals and similar buildings are a tricky thing. But these are not the projects wich real is going to Support. When I remember right,... A few days since i read the whitepaper...

Jay2408

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Activity: 518

Merit: 101

🚀🚀 ATHERO.IO 🚀🚀

Quote from: Rigorous on August 26, 2017, 06:06:43 AM

Real tokens are expected to be less volatile than other cryptocurrencies. They serve a different need, one that might be overlooked by most of us currently, but has great potential once people learn about it. That is, what if you want to reap the (tax) benefits of crypto without the emotional rollercoaster?

I have to add a disclaimer though, although real estate is supposed to be more stable, it can be a rollercoaster as well. Look at the ghost towns in China and ... Spain.

Yes, of course real estate projects are not per se stable or profitable. I'm just thinking of the Turkish hospitality sector. But due to the diversification in terms of different kinds of assets (hospitality, residential, commercial) and different regions of the world REAL want to invest, a risk minimization is given.

Topic: [ANN] Real Estate Blockchain Crowdfunding Technology - page 150. (Read 139483 times)