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Topic: [ANN][ICO]Relest - first real estate rental AUCTION platform, 25 November - page 28. (Read 35021 times)

full member
Activity: 686
Merit: 101
@Relest ICO is almost here, have you provided soft/hard cap yet? And another question, those exchanges mentioned in the OP have already confirmed to list REST after token sale?
Hi!
There is no hard cap. Soft cap is $ 1mln.
Axechanges already confirmed to list REST.

Don't you think it's dangerous not to have a hard cap in place?

What you mean "no hard cap"? How much tokens in total and what price for token?

No hard cap means they keep selling REST at a rate of 1 REST = 0,001 ETH and when the ico ends, they count all the incoming ETH, multiply it by 1000 and that amount will be 70% of the total REST supply.

with no hard cap it seems that the more successful the project is, the less the tokens will be worth.
No it means just that there is no hard cap and every token is worth 0.001 ETH

What he probably means is that the more successful the ICO is, the more tokens are there in circulation. And if the supply is huge, the price per token won't rise that fast.
sr. member
Activity: 756
Merit: 250
What about planning exchanges? How many collected on PRE-ICO ? Where I can read about differents from PROPY, REAL ESTATE, etc ?
sr. member
Activity: 630
Merit: 276

very interesting .. real estate has several projects .. is perfect for us to follow the progress .. which projects will be successful .. I am sure, everyone who has participated here wants this project a success  Cheesy

Just 5 more days and then we know if this project will be a success.
Really hope so! Really like real estate projects! This is just one I follow.

Great team here on Relest!
sr. member
Activity: 518
Merit: 250
I'm not quite sure that a bubble bursting would help rentals. Selling prices would drop and so rentals. Think that the problem with a bubble in RS is that it would affect many people that could not maintain their expenses, thus dropping prices down.
Yes, but where is the problem for an auction platform with lower prices? I mean, the platform gets its fees, no matter how much the rent will cost. But lower prices mean more people who can participate in the auction.
The problem is that a bubble bursting would also impact other areas like it happened in 2008 with housing bubble. Although it would mean lower rents it would also mean less income for paying rent in the first place.

That was more than a housing bubble, those criminal scammers (financial banks) sold junkie products marked as AAA to people. I suggest to watch "the big short" if you're interested. With the power of blockain I hope that we won't see that anymore
"The Big Short" - great movie. I would like to add that whole global crysis was started from hedge funds. I just can't wait to Relest ICO, I see great potential here
full member
Activity: 336
Merit: 112

very interesting .. real estate has several projects .. is perfect for us to follow the progress .. which projects will be successful .. I am sure, everyone who has participated here wants this project a success  Cheesy

Well like every project the focus is different. For example this one here is more about renting apartments, while other projects go for investments.
In the end I wish everyone of them the best because they have different aspects and everyone of them sounds interesting Smiley
full member
Activity: 392
Merit: 100
@Relest ICO is almost here, have you provided soft/hard cap yet? And another question, those exchanges mentioned in the OP have already confirmed to list REST after token sale?
Hi!
There is no hard cap. Soft cap is $ 1mln.
Axechanges already confirmed to list REST.

Don't you think it's dangerous not to have a hard cap in place?

What you mean "no hard cap"? How much tokens in total and what price for token?

No hard cap means they keep selling REST at a rate of 1 REST = 0,001 ETH and when the ico ends, they count all the incoming ETH, multiply it by 1000 and that amount will be 70% of the total REST supply.

with no hard cap it seems that the more successful the project is, the less the tokens will be worth.
No it means just that there is no hard cap and every token is worth 0.001 ETH
full member
Activity: 148
Merit: 100

very interesting .. real estate has several projects .. is perfect for us to follow the progress .. which projects will be successful .. I am sure, everyone who has participated here wants this project a success  Cheesy
full member
Activity: 588
Merit: 100
@Relest ICO is almost here, have you provided soft/hard cap yet? And another question, those exchanges mentioned in the OP have already confirmed to list REST after token sale?
Hi!
There is no hard cap. Soft cap is $ 1mln.
Axechanges already confirmed to list REST.

Don't you think it's dangerous not to have a hard cap in place?

What you mean "no hard cap"? How much tokens in total and what price for token?

No hard cap means they keep selling REST at a rate of 1 REST = 0,001 ETH and when the ico ends, they count all the incoming ETH, multiply it by 1000 and that amount will be 70% of the total REST supply.

with no hard cap it seems that the more successful the project is, the less the tokens will be worth.
full member
Activity: 644
Merit: 101
@Relest ICO is almost here, have you provided soft/hard cap yet? And another question, those exchanges mentioned in the OP have already confirmed to list REST after token sale?
Hi!
There is no hard cap. Soft cap is $ 1mln.
Axechanges already confirmed to list REST.

Don't you think it's dangerous not to have a hard cap in place?

What you mean "no hard cap"? How much tokens in total and what price for token?

No hard cap means they keep selling REST at a rate of 1 REST = 0,001 ETH and when the ico ends, they count all the incoming ETH, multiply it by 1000 and that amount will be 70% of the total REST supply.
full member
Activity: 616
Merit: 145
🚀🚀 ATHERO.IO 🚀🚀
I'm not quite sure that a bubble bursting would help rentals. Selling prices would drop and so rentals. Think that the problem with a bubble in RS is that it would affect many people that could not maintain their expenses, thus dropping prices down.
Yes, but where is the problem for an auction platform with lower prices? I mean, the platform gets its fees, no matter how much the rent will cost. But lower prices mean more people who can participate in the auction.
The problem is that a bubble bursting would also impact other areas like it happened in 2008 with housing bubble. Although it would mean lower rents it would also mean less income for paying rent in the first place.

That was more than a housing bubble, those criminal scammers (financial banks) sold junkie products marked as AAA to people. I suggest to watch "the big short" if you're interested. With the power of blockain I hope that we won't see that anymore
hero member
Activity: 686
Merit: 500
How will be renting real estate out? If this auction, so people with only highest bid will have  chance to rent?

yeah man, that's what auctions are all about.

Yes, if this is like an auction, then the rent that will be paid will be the highest, so the project and token holders, in general, could have the most benefits from it, and while being in the blockchain, that makes this project particularly appealing compare to another real state ICOs.
I agree, if there is a well-furnished apartment or room -many renters will be willing to pay a good price, and if this is an auction, then it will not be necessary to spend on advertising, people will raise the price by themselves

only thing i see is managing all lease contract is kind a nightmare. dealing with dispute if not pay rent is cost money
sr. member
Activity: 448
Merit: 250
nice concept  for booming rental market in era of high cost real estate. like this project. technically nothing to lose
full member
Activity: 392
Merit: 100
Anybody that has paid attention to market trends knows that real estate is one of the most lucrative investments EVER! Relest offers everyone the opportunity to earn from one of the most , if not the most, sustainable business opportunities! Great potential!
We should also keep in mind that the real estate market in developing countries will increase in tremendous amounts in the next few years due to population growth.
full member
Activity: 490
Merit: 104
How will be renting real estate out? If this auction, so people with only highest bid will have  chance to rent?

yeah man, that's what auctions are all about.

Yes, if this is like an auction, then the rent that will be paid will be the highest, so the project and token holders, in general, could have the most benefits from it, and while being in the blockchain, that makes this project particularly appealing compare to another real state ICOs.
I agree, if there is a well-furnished apartment or room -many renters will be willing to pay a good price, and if this is an auction, then it will not be necessary to spend on advertising, people will raise the price by themselves
full member
Activity: 336
Merit: 112
In which countries they planning working at first? Can anyone give me a list of this countries pls?

They intend to operate globally but I believe they haven't announced yet where they gonna start, at least haven't read sth about in this thread.

but they must announce countries, where they ll start they program  Tongue

Asked this before but got no answer so far :/ I also think there will be test markets first, would love to know which ones.
full member
Activity: 798
Merit: 115
I'm not quite sure that a bubble bursting would help rentals. Selling prices would drop and so rentals. Think that the problem with a bubble in RS is that it would affect many people that could not maintain their expenses, thus dropping prices down.
Yes, but where is the problem for an auction platform with lower prices? I mean, the platform gets its fees, no matter how much the rent will cost. But lower prices mean more people who can participate in the auction.
The problem is that a bubble bursting would also impact other areas like it happened in 2008 with housing bubble. Although it would mean lower rents it would also mean less income for paying rent in the first place.
sr. member
Activity: 1372
Merit: 259
In which countries they planning working at first? Can anyone give me a list of this countries pls?

They intend to operate globally but I believe they haven't announced yet where they gonna start, at least haven't read sth about in this thread.

but they must announce countries, where they ll start they program  Tongue
full member
Activity: 518
Merit: 101
🚀🚀 ATHERO.IO 🚀🚀
In which countries they planning working at first? Can anyone give me a list of this countries pls?

They intend to operate globally but I believe they haven't announced yet where they gonna start, at least haven't read sth about in this thread.
sr. member
Activity: 1372
Merit: 259
In which countries they planning working at first? Can anyone give me a list of this countries pls?
sr. member
Activity: 350
Merit: 250
How will be renting real estate out? If this auction, so people with only highest bid will have  chance to rent?

yeah man, that's what auctions are all about.

Yes, if this is like an auction, then the rent that will be paid will be the highest, so the project and token holders, in general, could have the most benefits from it, and while being in the blockchain, that makes this project particularly appealing compare to another real state ICOs.
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