[ANN] Real Estate Blockchain Crowdfunding Technology - page 164.

Marenos

full member

Activity: 312

Merit: 106

Quote from: leosfidare on August 22, 2017, 08:36:56 AM

I'm really hyped by this token, it turns to be on top tier because of it's use, most new token now a days have almost no purpose.
Gonna bet some BTC on this one

The only question I have is... if there is going to be a USD - REAL exchange or we will have to do the Eth/BTC process

When I understand it right, than you get payed in ethereum. So if you want or not, you have to do the eth/btc process (;.
But If you mean the first buy of the token, than maybe it will be a bit more easy. Since they try to implement a changelly on their Website. Up to than, its only possible to bis the tokens in exchanges

bitsurfer2014

hero member

Activity: 924

Merit: 520

With regards to property selection and acquisition, will ordinary investors be included in decision making of buying a certain property or just the REAL development team will the be one who will decide what to acquire?

leosfidare

newbie

Activity: 34

Merit: 0

I'm really hyped by this token, it turns to be on top tier because of it's use, most new token now a days have almost no purpose.
Gonna bet some BTC on this one

The only question I have is... if there is going to be a USD - REAL exchange or we will have to do the Eth/BTC process

Sterben

member

Activity: 145

Merit: 10

Looks nice as a project, I guess I'll take a look at your bounty

fahmp7

newbie

Activity: 32

Merit: 0

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

oisilener1982

full member

Activity: 280

Merit: 100

I have a Limited money to Invest. What is the Advantage of Real to Atlant?

toolucky98

full member

Activity: 490

Merit: 100

Quote from: magisterr on August 22, 2017, 07:12:13 AM

Is there will be a Pre-ICO?

Token sale will begin on August 31th.
And there will be a pre-sale on the 24h of August during 24H for contributors of more than 100 ETH capped at 25.000 ETH

Jay2408

full member

Activity: 518

Merit: 101

🚀🚀 ATHERO.IO 🚀🚀

Quote from: Grahnite on August 22, 2017, 07:16:03 AM

What is the progress of this project, in terms of real-world properties owned. Have properties been purchased yet, or will this only be done AFTER the ICO has completed? On which exchanges will the REAL tokens be for sale after the ICO? I have lost faith in the whole ICO methodology and mostly only purchase tokens after they have been available on exchanges for a while.

Interesting project - I wish you a lot of success

So far there haven't been purchased any properties, but they have already identified investment opportunities, first of all in Spain.

magisterr

sr. member

Activity: 1372

Merit: 259

Grahnite

They said, that tokens will be trading on Gatecoin exchange. I didnt trading there before... But look at this exchanges now, and this is nor bad I think Roll Eyes

https://medium.com/@real_token/our-first-exchange-partnership-fc0ea3961736

Grahnite

hero member

Activity: 756

Merit: 501

DeepOnions for the WIN!

What is the progress of this project, in terms of real-world properties owned. Have properties been purchased yet, or will this only be done AFTER the ICO has completed? On which exchanges will the REAL tokens be for sale after the ICO? I have lost faith in the whole ICO methodology and mostly only purchase tokens after they have been available on exchanges for a while.

Interesting project - I wish you a lot of success

magisterr

sr. member

Activity: 1372

Merit: 259

Is there will be a Pre-ICO?

Islapdonkey

sr. member

Activity: 882

Merit: 277

If i had a dollar for every "had i known"

Quote from: ubercool on August 22, 2017, 06:43:08 AM

Quote from: shinep on August 22, 2017, 06:23:48 AM

Quote from: FIEX on August 22, 2017, 06:20:31 AM

Saw a great question on Youtube:

Quote

Seems to involve a LOT of trust here. You give them money. They use the money to buy buildings. Hopefully they convert the rent back into ethereum to distribute among token holders. What if they're not honest in their reporting of rents? What about building operating costs? Will those be deducted from the rent collected? If so, how do we know those are accurately being reported? If not, and 100% of the rent goes to token holders, what happens if the people operating the buildings can't afford the upkeep?

This was the answer of REAL:

Quote

Trust is one of the benefits of Blockchain. Every document will be recorded on the blockchain and we will work with smart contracts. We will also be audited.

Thats the strenght of blockchain! You can see everything!

Great work guys!

Who owns the building when you buy them? Are the buildings insured? For example, if there is a fire accident in the bought building, who will be responsible for it? - the token holders?

I think the company will insure the properties in order to claim insurance for man made mistakes but what about Earthquakes or Tsunami kind of a situation. I have doubt about those.

It goes without saying that every property will be insured against man made/ natural disasters. If you can think of it, there is an insurance for it. And to the other poster, no singular individual owns the building. Every structure is owned by every one who participated in the ico, you share in the ownership is deteremined according to how much you invested. This has been answered multiple times on this thread.

ubercool

hero member

Activity: 1078

Merit: 504

Quote from: shinep on August 22, 2017, 06:23:48 AM

Quote from: FIEX on August 22, 2017, 06:20:31 AM

Saw a great question on Youtube:

Quote

Seems to involve a LOT of trust here. You give them money. They use the money to buy buildings. Hopefully they convert the rent back into ethereum to distribute among token holders. What if they're not honest in their reporting of rents? What about building operating costs? Will those be deducted from the rent collected? If so, how do we know those are accurately being reported? If not, and 100% of the rent goes to token holders, what happens if the people operating the buildings can't afford the upkeep?

This was the answer of REAL:

Quote

Trust is one of the benefits of Blockchain. Every document will be recorded on the blockchain and we will work with smart contracts. We will also be audited.

Thats the strenght of blockchain! You can see everything!

Great work guys!

Who owns the building when you buy them? Are the buildings insured? For example, if there is a fire accident in the bought building, who will be responsible for it? - the token holders?

I think the company will insure the properties in order to claim insurance for man made mistakes but what about Earthquakes or Tsunami kind of a situation. I have doubt about those.

stormcleric

sr. member

Activity: 308

Merit: 250

Quote from: shinep on August 22, 2017, 06:23:48 AM

Quote from: FIEX on August 22, 2017, 06:20:31 AM

Saw a great question on Youtube:

Quote

Seems to involve a LOT of trust here. You give them money. They use the money to buy buildings. Hopefully they convert the rent back into ethereum to distribute among token holders. What if they're not honest in their reporting of rents? What about building operating costs? Will those be deducted from the rent collected? If so, how do we know those are accurately being reported? If not, and 100% of the rent goes to token holders, what happens if the people operating the buildings can't afford the upkeep?

This was the answer of REAL:

Quote

Trust is one of the benefits of Blockchain. Every document will be recorded on the blockchain and we will work with smart contracts. We will also be audited.

Thats the strenght of blockchain! You can see everything!

Great work guys!

Who owns the building when you buy them? Are the buildings insured? For example, if there is a fire accident in the bought building, who will be responsible for it? - the token holders?

Insurances take care of that kind of things. If you rent a flat to someone and that person breaks anything on purpose, that person is liable.

shinep

hero member

Activity: 630

Merit: 500

Quote from: FIEX on August 22, 2017, 06:20:31 AM

Saw a great question on Youtube:

Quote

Seems to involve a LOT of trust here. You give them money. They use the money to buy buildings. Hopefully they convert the rent back into ethereum to distribute among token holders. What if they're not honest in their reporting of rents? What about building operating costs? Will those be deducted from the rent collected? If so, how do we know those are accurately being reported? If not, and 100% of the rent goes to token holders, what happens if the people operating the buildings can't afford the upkeep?

This was the answer of REAL:

Quote

Trust is one of the benefits of Blockchain. Every document will be recorded on the blockchain and we will work with smart contracts. We will also be audited.

Thats the strenght of blockchain! You can see everything!

Great work guys!

Who owns the building when you buy them? Are the buildings insured? For example, if there is a fire accident in the bought building, who will be responsible for it? - the token holders?

FIEX

sr. member

Activity: 630

Merit: 276

Saw a great question on Youtube:

Quote

Seems to involve a LOT of trust here. You give them money. They use the money to buy buildings. Hopefully they convert the rent back into ethereum to distribute among token holders. What if they're not honest in their reporting of rents? What about building operating costs? Will those be deducted from the rent collected? If so, how do we know those are accurately being reported? If not, and 100% of the rent goes to token holders, what happens if the people operating the buildings can't afford the upkeep?

This was the answer of REAL:

Quote

Trust is one of the benefits of Blockchain. Every document will be recorded on the blockchain and we will work with smart contracts. We will also be audited.

Thats the strenght of blockchain! You can see everything!

Great work guys!

ParRus

full member

Activity: 490

Merit: 104

I found extensive overview of this wonderful project:
https://www.youtube.com/watch?v=vqk6nUX-pAk

cantdecide

full member

Activity: 336

Merit: 112

Quote from: stormcleric on August 22, 2017, 02:59:40 AM

Quote from: sserugh on August 22, 2017, 02:27:13 AM

Quote from: cantdecide on August 22, 2017, 02:20:41 AM

Quote from: pynetx on August 22, 2017, 02:06:29 AM

Quote from: sserugh on August 22, 2017, 01:08:21 AM

What will you do in the case that you need to do some repairs to an investment? I See in the Whitepaper that it will be included in the investment price, but what if the cost becomes higher then that? That is very often the case in any type of restoration.

Very interesting question. Restoration work can cost a lot regardless of property's age. One can not control nature.

I don't know how it is handled in other countries but in Germany for example you have normaly an insurance for buildings, which will pay for repairs, if the demange isn't done by renter or someone else. If it is done by the renter, normaly he has also an insurance or has to pay for it by his own money.

Of course normal restoration work is not included in this.

The Whitepaper states that a part of a normal investment would go to restoration to increase the value of the building. And that is often really hard to control those costs, thats why I´m asking about it:)

I don't see that as a problem. That investment - that will be done once and at first purchase if I understood it ok - will surely be higher than the actual amount needed. You don't quote optimistically in advance, you must take into account that problems may occur, prices may rise. Let's say a fixed 20% will be added to each restoration investment in order to satisfy this costs. Then, if this extra money is not needed, it can be used for future maintenances.

Anyway, you don't need tu double or triple your initial reparation investment if you know the sector. Just a small increase won't affect the P/L schema.

That for sure is the right way. With this you can handle the intial cost of restoration etc. without affecting the price for every investor too strong. Is this the system normal Real Estate companies are working?

pynetx

sr. member

Activity: 798

Merit: 262

Quote from: cantdecide on August 22, 2017, 02:20:41 AM

Quote from: pynetx on August 22, 2017, 02:06:29 AM

Quote from: sserugh on August 22, 2017, 01:08:21 AM

What will you do in the case that you need to do some repairs to an investment? I See in the Whitepaper that it will be included in the investment price, but what if the cost becomes higher then that? That is very often the case in any type of restoration.

Very interesting question. Restoration work can cost a lot regardless of property's age. One can not control nature.

I don't know how it is handled in other countries but in Germany for example you have normaly an insurance for buildings, which will pay for repairs, if the demange isn't done by renter or someone else. If it is done by the renter, normaly he has also an insurance or has to pay for it by his own money.

Of course normal restoration work is not included in this.

We don't have any kind of insurance policy for buildings in India. Everything has to bear by the owner

magisterr

sr. member

Activity: 1372

Merit: 259

Just look to this exchange (gatecoin).
22 mln daily trading volume, only 14 pair (no shit coin), few new perspective tokens (like Monaco coin)...
Its nice start I think Roll Eyes

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