In every ICO I always ask myself at least 2 questions:
-What will cause a market demand for the coin so the price can go up?
-What will convince people not to sell it once ICO ends so the price will not drop?
Can someone give me short answer on this two?
I can try answering these two questions for you:
- there are a lot of people that want to invest in real estate, but can't because they don't have the funds to purchase property, take care of fees, management etc. REAL lowers this barrier, so proper marketing would enable them to tap into that market. The demand is already there.
- they already have their eye on a first property to acquire. When they add properties to the platform and people can actually use the REAL tokens, that will prevent large dumps, because the REAL platform only accepts REAL tokens.
This last point deserves some elaboration, because it's a very important one. When you actively participate on the REAL platform and buy RPPs (ownership in property), your REAL tokens will essentially be 'locked-in' that property. You only get them back if/when you sell them the RPP back. On the other hand, if you want to keep your investment and continue to invest in more/different properties on the platform, you will first have to buy more REAL tokens. In other words: the supply decreases and the demand increases, which translates into price increase.
Needless to say, adding attractive properties to the REAL platform is going to determine the success of this project.
, use a crypto currency to buy a share of a real estate and gain profits trough another crypto currency
) regardless, real estate is a good long term investment, if you have real money.
