[ANN][ICO] GENESIS - Investment in Real Estate - page 91.

veranika55

full member

Activity: 504

Merit: 104

Quote from: Crypto Girl on February 06, 2018, 09:12:32 AM

Most of those real estate crypto projects did not make waves at the market, the others has been died just before it reaches the exchange some did not stay and died instantly while the others stayed for a quite period of time, what will be the difference of this project from all those already launched.

Genesis is not an intermediary platform, but an ICO, which will purchase commercial real estate objects for collected money, and then rent them out.

They are not a platform for connecting people together, they are a platform that owns real estate and receives income from its commercial use. All investors who have bought ICO tokens will receive profit from the rental of real estate, which will be credited to their account. Investors through the internal exchanger can exchange the profit for any cryptocurrency or Fiat money or buy tokens. Tokens of ICO Genesis will be secured by real estate, which bought the Genesis on the money raised from investors.

Crypto Girl

sr. member

Activity: 980

Merit: 294

Most of those real estate crypto projects did not make waves at the market, the others has been died just before it reaches the exchange some did not stay and died instantly while the others stayed for a quite period of time, what will be the difference of this project from all those already launched.

kapa6ac

newbie

Activity: 168

Merit: 0

Quote from: veranika55 on February 06, 2018, 06:52:18 AM

Quote from: kapa6ac on February 06, 2018, 05:53:55 AM

Does the project use REIT?

REIT does not allow to work with cryptocurrency, tokens and blockchain.
Only the best will be borrowed from the REIT!

Let me explain what is REIT

The REIT block means that the company's business model includes some operational and functional business processes of Real Estate Investment Trusts.
The REIT block will ensure the transparency of the GENESIS's operation, mandatory reporting and auditing, voting mechanisms on the issues of project development, the procedure for the formation and allocation of the development fund, and the opportunity for investors to withdraw from the project following the company's obligations to redeem the tokens.
The REIT block ensures reliability of the company, safeguards investors' interests, and accommodates engaging conservative and institutional investors.

Thank you for your explanation.

veranika55

full member

Activity: 504

Merit: 104

Quote from: kapa6ac on February 06, 2018, 05:53:55 AM

Does the project use REIT?

REIT does not allow to work with cryptocurrency, tokens and blockchain.
Only the best will be borrowed from the REIT!

Let me explain what is REIT

The REIT block means that the company's business model includes some operational and functional business processes of Real Estate Investment Trusts.
The REIT block will ensure the transparency of the GENESIS's operation, mandatory reporting and auditing, voting mechanisms on the issues of project development, the procedure for the formation and allocation of the development fund, and the opportunity for investors to withdraw from the project following the company's obligations to redeem the tokens.
The REIT block ensures reliability of the company, safeguards investors' interests, and accommodates engaging conservative and institutional investors.

veranika55

full member

Activity: 504

Merit: 104

Quote from: berlinboy on February 06, 2018, 06:04:23 AM

The token is used only for the calculation of payments? Or can I pay for some services?

The GES token is the only accounting unit that confirms the investor's participation in the GENESIS project. Payments within the project will be made based on the total number of tokens registered for each project participant in their accounts at the time of payment, in the same amount per one token, regardless of the current market value of GES tokens or the rate at the time the GES tokens were purchased.

berlinboy

newbie

Activity: 364

Merit: 0

The token is used only for the calculation of payments? Or can I pay for some services?

kapa6ac

newbie

Activity: 168

Merit: 0

Does the project use REIT?

PinoyD

newbie

Activity: 168

Merit: 0

Quote from: ripper1001 on February 05, 2018, 10:41:01 AM

There is no difference. This is the same scam as the rest of ICO's real estate. Grin

Tokens will change to euros and buy real estate. And then the earned money from the lease will be changed to tokens and paid to you. It's brilliant.
Why have not you received an Oscar yet?

~~Thank you for your response,~~
Its 53 days before the initial token offering, I hope that your opinion will change. Five main advantages on the genesis website are more credible than your words.

veranika55

full member

Activity: 504

Merit: 104

Quote from: trombocoin on February 05, 2018, 02:44:05 PM

Quote from: berlinboy on February 04, 2018, 11:16:41 AM

Hello! In a week I'll be in Mallorca and see the office. Everyone likes to exaggerate)))

When will the trip report be?

I hope we will see it.

trombocoin

jr. member

Activity: 187

Merit: 1

Quote from: berlinboy on February 04, 2018, 11:16:41 AM

Hello! In a week I'll be in Mallorca and see the office. Everyone likes to exaggerate)))

When will the trip report be?

ClickAuto

newbie

Activity: 378

Merit: 0

Quote from: RobertStan on February 05, 2018, 05:44:40 AM

Quote from: jtalk on February 05, 2018, 04:56:03 AM

Frequently asked questions section on your official site is not responding for any question. It seems that there are questions but their answers are not available so need to fix the links to those. Those were of my interest to catch up with the idea but didn't succeed.

I hope they will fix it soon. I think before the ICO there is a lot of stuff to do, but yeah FAQ is another important thing.

I have met with such a problem on the websites of many ICO.Usually helps to change the browser. But developers of the site also need to check how the browser displays the site.

veranika55

full member

Activity: 504

Merit: 104

Quote from: PinoyD on February 05, 2018, 07:27:37 AM

What is the main difference between the Genesis investment project and all others? Lots of companies nowadays are going for ICO and investment platforms are so popular.

On collected on the ICO money will be the purchased commercial real estate. Al real estate, owned by the company will be tokenizated. GES token will represent the part of cost of all of the real estate properties, owned by GENESIS platform.

Members of the GENESIS project owning of GES tokens, become owners of corresponding part of all the real estate properties, owned by the platform.

veranika55

full member

Activity: 504

Merit: 104

Quote from: jtalk on February 05, 2018, 04:56:03 AM

Frequently asked questions section on your official site is not responding for any question. It seems that there are questions but their answers are not available so need to fix the links to those. Those were of my interest to catch up with the idea but didn't succeed.

Informed the administration of project about this problem, promised to to fix everything. Thanks, that found a bug and reported about it.

ripper1001

member

Activity: 294

Merit: 12

Go hard or go home

There is no difference. This is the same scam as the rest of ICO's real estate. Grin

Tokens will change to euros and buy real estate. And then the earned money from the lease will be changed to tokens and paid to you. It's brilliant.
Why have not you received an Oscar yet?

PinoyD

newbie

Activity: 168

Merit: 0

What is the main difference between the Genesis investment project and all others? Lots of companies nowadays are going for ICO and investment platforms are so popular.

RobertStan

newbie

Activity: 168

Merit: 0

Quote from: jtalk on February 05, 2018, 04:56:03 AM

Frequently asked questions section on your official site is not responding for any question. It seems that there are questions but their answers are not available so need to fix the links to those. Those were of my interest to catch up with the idea but didn't succeed.

I hope they will fix it soon. I think before the ICO there is a lot of stuff to do, but yeah FAQ is another important thing.

jtalk

legendary

Activity: 1610

Merit: 1004

Frequently asked questions section on your official site is not responding for any question. It seems that there are questions but their answers are not available so need to fix the links to those. Those were of my interest to catch up with the idea but didn't succeed.

veranika55

full member

Activity: 504

Merit: 104

Quote from: kapa6ac on February 05, 2018, 01:47:42 AM

Quote from: veranika55 on February 04, 2018, 01:46:23 PM

Quote from: berlinboy on February 04, 2018, 11:16:41 AM

Hello! In a week I'll be in Mallorca and see the office. Everyone likes to exaggerate)))

You are welcome. Here is an adress

Spain
Av. Jaume I 116,07183 Mallorca

I wish I can visit you office in Mallorca too) but i can't. Maybe you can do some photos or a short video about your visit to Genesis office and post here? It will be great to show it ti the community.

The company glad to see everybody in its office. You are welcome. Fill free to make foto and videos. And post here on the forum to shere with the people.

kapa6ac

newbie

Activity: 168

Merit: 0

Quote from: veranika55 on February 04, 2018, 01:46:23 PM

Quote from: berlinboy on February 04, 2018, 11:16:41 AM

Hello! In a week I'll be in Mallorca and see the office. Everyone likes to exaggerate)))

You are welcome. Here is an adress

Spain
Av. Jaume I 116,07183 Mallorca

I wish I can visit you office in Mallorca too) but i can't. Maybe you can do some photos or a short video about your visit to Genesis office and post here? It will be great to show it ti the community.

veranika55

full member

Activity: 504

Merit: 104

Quote from: berlinboy on February 04, 2018, 11:16:41 AM

Hello! In a week I'll be in Mallorca and see the office. Everyone likes to exaggerate)))

You are welcome. Here is an adress

Spain
Av. Jaume I 116,07183 Mallorca

Topic: [ANN][ICO] GENESIS - Investment in Real Estate - page 91. (Read 27531 times)