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Topic: [ANN][ICO]Relest - first real estate rental AUCTION platform, 25 November - page 29. (Read 35021 times)

sr. member
Activity: 630
Merit: 276
Hm.. any competoitors here? Some real estate projects which I know (Propy, Real etc) has some other idea  Huh
I have not seen any competitors that have same kind of this idea yet (auction renting real estate)

Relest is unique of his kind! There is no other project doing this.
Renting with crypto's is the new way!

Really curious how the ICO will go for this project!
Hopefully to the moon!
sr. member
Activity: 1372
Merit: 259
@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?
full member
Activity: 312
Merit: 106
real estate is bubble right now.

If it's true, then so what?

They are not buying real estate, they are just making a platform for landlords and renters. If the bubble bursts relest don't lose anything, just rents get lower but still there will always be landlords and people want to rent their places.



Furthermore the burst of a real estate bubble would be really good for a renting (auction) platform, since the renting costs in the big citys are exploding. Lower rents would lead to a broader clientele and in consequence to more (fee) income for the Relest platform.

A renting platform wouldn't be very affected by a bursting bubble because people always need to live somewhere.

Excuse me, but did you read what I have written? For Sure a bursting bubble would have an impact, a positiv one, like I wrote above. (It would have an impact on this specific platform, since it will be specialized on big towns.)

Please, read my argument (;



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.
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?
full member
Activity: 490
Merit: 100
Hm.. any competoitors here? Some real estate projects which I know (Propy, Real etc) has some other idea  Huh
I have not seen any competitors that have same kind of this idea yet (auction renting real estate)
full member
Activity: 798
Merit: 115
Boosting price is a useles way to get a better price. You will burst the balance value of the market and earn nothing cause no one wil rent at a to high price. With a good volume we will have an accurate market price, and we have a data analysis algorithm too for that. It will mechanically direct the price to a market balance. Auction is very good for landlord and renter, you can have a better price for both.
Im hoping for success of projects like these because rental price is ridiculous now young generation is being ripped off by today's prices and sadly im one of them :/ will try to save some fiat to support this idea
Most importantly if your rent exceeds a certain amount then government put the tax on it. I mean wtf. I working my ass off to pay the rent and now everyone else wants a cut in it.
You dont pay tax on a low rent in your country? Be happy, here they tax everything.
And i doubt you would pay less as a tenant if you would attend an auction for rent. I think landlords will profit from this one.
sr. member
Activity: 1372
Merit: 259
Hm.. any competoitors here? Some real estate projects which I know (Propy, Real etc) has some other idea  Huh
full member
Activity: 588
Merit: 100
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.
hero member
Activity: 924
Merit: 520
Yes relest is on a specific segment of the real estate market. Its pretty cool they have no competitor, others real estate crypto based project don't provide the same things. Relest offer a platform for auction and rent for real estate, not based on investissement in real estate directly. So the more we have volume, the more the value of the platform will be huge.
their are always a competitor lurking in the shadows, once that this project turned into a success expect that 2 to 3 project will try to imitate or add something and call it theirs.

It is a very real possibility, but I think Relest will be at the forefront of this business model since it is the first ever Real Estate rental platform being developed. And competitors will find it hard to compete a pioneer, unless they offer something new and innovative than that of Relest.

Not really. Being the pioneer guarantees nothing, you must be in shape and keep on going. If a business comes behind you, they can always leverage what you've done great and fix what you've done badly. Do you know the Hydrox vs. Oreo story?

Matter of fact you have a point, that's why I've stated that " its hard to compete a pioneer unless they offer something new and innovative ". Well it depends on the Relest team if they will try their best to be the leader in this field.
sr. member
Activity: 1372
Merit: 259
How will be renting real estate out? If this auction, so people with only highest bid will have  chance to rent?
legendary
Activity: 1876
Merit: 1005
Real estate business has drawn attention of block chain and of course they number of competitors will keep growing but in the end what matters most is the quality of content, services and efficiency of the team and platform to handle the business. That is the part which will differentiate the project from one another. These are all startups right at the moment.
hero member
Activity: 924
Merit: 520
Yes relest is on a specific segment of the real estate market. Its pretty cool they have no competitor, others real estate crypto based project don't provide the same things. Relest offer a platform for auction and rent for real estate, not based on investissement in real estate directly. So the more we have volume, the more the value of the platform will be huge.
their are always a competitor lurking in the shadows, once that this project turned into a success expect that 2 to 3 project will try to imitate or add something and call it theirs.

It is a very real possibility, but I think Relest will be at the forefront of this business model since it is the first ever Real Estate rental platform being developed. And competitors will find it hard to compete a pioneer, unless they offer something new and innovative than that of Relest.
sr. member
Activity: 308
Merit: 250
Yes relest is on a specific segment of the real estate market. Its pretty cool they have no competitor, others real estate crypto based project don't provide the same things. Relest offer a platform for auction and rent for real estate, not based on investissement in real estate directly. So the more we have volume, the more the value of the platform will be huge.
their are always a competitor lurking in the shadows, once that this project turned into a success expect that 2 to 3 project will try to imitate or add something and call it theirs.

It is a very real possibility, but I think Relest will be at the forefront of this business model since it is the first ever Real Estate rental platform being developed. And competitors will find it hard to compete a pioneer, unless they offer something new and innovative than that of Relest.

Not really. Being the pioneer guarantees nothing, you must be in shape and keep on going. If a business comes behind you, they can always leverage what you've done great and fix what you've done badly. Do you know the Hydrox vs. Oreo story?
full member
Activity: 336
Merit: 112
Ok, so a landlord lists his property for rent. Tenants bid on landlords property on your platform. Tenant wins then gets to meet the owner to see inside? (that seems backwards, there should be an option in which the owner should post 3 different days where he will be showing it or hosting an open house.) I see the problem with this too. I am just trying to make this practical In my mind.

Well you will have pictures to look inside the apartment before. In this point it is same to every normal renting platform. You see the pictures and get interested in the apartment, make an appointment and if it is not like explained and shown in the pictures you still can make a step back and even be able to rate the landlord for giving not proper explanations.
legendary
Activity: 1694
Merit: 1003
Yes relest is on a specific segment of the real estate market. Its pretty cool they have no competitor, others real estate crypto based project don't provide the same things. Relest offer a platform for auction and rent for real estate, not based on investissement in real estate directly. So the more we have volume, the more the value of the platform will be huge.
their are always a competitor lurking in the shadows, once that this project turned into a success expect that 2 to 3 project will try to imitate or add something and call it theirs.
sr. member
Activity: 1134
Merit: 279
My blockchain can beat up your blockchain
Ok, so a landlord lists his property for rent. Tenants bid on landlords property on your platform. Tenant wins then gets to meet the owner to see inside? (that seems backwards, there should be an option in which the owner should post 3 different days where he will be showing it or hosting an open house.) I see the problem with this too. I am just trying to make this practical In my mind.
full member
Activity: 448
Merit: 107
Yes relest is on a specific segment of the real estate market. Its pretty cool they have no competitor, others real estate crypto based project don't provide the same things. Relest offer a platform for auction and rent for real estate, not based on investissement in real estate directly. So the more we have volume, the more the value of the platform will be huge.
full member
Activity: 490
Merit: 104
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!
sr. member
Activity: 554
Merit: 251
Boosting price is a useles way to get a better price. You will burst the balance value of the market and earn nothing cause no one wil rent at a to high price. With a good volume we will have an accurate market price, and we have a data analysis algorithm too for that. It will mechanically direct the price to a market balance. Auction is very good for landlord and renter, you can have a better price for both.
Im hoping for success of projects like these because rental price is ridiculous now young generation is being ripped off by today's prices and sadly im one of them :/ will try to save some fiat to support this idea

Most importantly if your rent exceeds a certain amount then government put the tax on it. I mean wtf. I working my ass off to pay the rent and now everyone else wants a cut in it.

That's why working on the blockchain excites me. We can cut the tax collectors out of the loop. not that i'm arguing for breaking the law here Smiley

It's actually impossible to cut tax collectors out. It's called fraud Smiley
However more transparency in the renting business by using blockchain is always a good idea.


Well, fraud is what they are collecting from us. It's our hard earned money and owner is giving tax for the property. Now, they want another cut from the rent tenant is paying to the owner. This is 100% scam.


Hell yeah, One of the main reasons I started off with crypto was because governments are using the tax money I pay them utterly stupidly. And they are always  looking for new ways to get more money out of our pockets. F that. I'm in crypto for life. Within a few years one wont even need fiat to get by. Use TenX's card to do payments directly with different cryptos. Use Relest to pay for rent. Use Deeponion to get drugs or hookers- cuz its totally anonymous. Use WiC to pay for internet. Use Bitcoin as the swiss bank account, and distribute money from there. 

And they are coming up with new companies every day. Future has never looked so bright in my eyes.

Soon enough, governments will lose all track of crypto users financial situation, And I'm Fing thrilled about that!
sr. member
Activity: 798
Merit: 262
Boosting price is a useles way to get a better price. You will burst the balance value of the market and earn nothing cause no one wil rent at a to high price. With a good volume we will have an accurate market price, and we have a data analysis algorithm too for that. It will mechanically direct the price to a market balance. Auction is very good for landlord and renter, you can have a better price for both.
Im hoping for success of projects like these because rental price is ridiculous now young generation is being ripped off by today's prices and sadly im one of them :/ will try to save some fiat to support this idea

Most importantly if your rent exceeds a certain amount then government put the tax on it. I mean wtf. I working my ass off to pay the rent and now everyone else wants a cut in it.

That's why working on the blockchain excites me. We can cut the tax collectors out of the loop. not that i'm arguing for breaking the law here Smiley

It's actually impossible to cut tax collectors out. It's called fraud Smiley
However more transparency in the renting business by using blockchain is always a good idea.

Well, fraud is what they are collecting from us. It's our hard earned money and owner is giving tax for the property. Now, they want another cut from the rent tenant is paying to the owner. This is 100% scam.
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