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Topic: Closed - page 197. (Read 136600 times)

full member
Activity: 336
Merit: 102
August 04, 2017, 08:13:02 AM
#83
How much has been raised in the presale so far?
legendary
Activity: 1232
Merit: 1003
August 04, 2017, 05:51:43 AM
#82
Want to share good question from our telegram user, join https://t.me/atlant_eng:

QUESTION
Hi! what finally i'll got for Atlant token?

ANSWER
ATL tokens are essentially membership certificates in the ATLANT Platform, which give the following rights and privileges to their owners :

Listing fee charged in ERC20 compliant property tokens, in all properties listed through the ATLANT Platform during their initial property token offerings. The platform enables property owners and developers to tokenize property by creating customized smart contracts and perform a token distribution to either sell property (partially or completely) or attract financing for its construction. The size of the listing fee is initially set at 7% of the underlying asset and, subsequently, determined by voting of the ATL token holders. After a successful token sale, an agreed part of the property tokens is released out of ATLANT escrow to ATL token holders proportionately.

Commissions from P2P rentals are imposed on the lessor, as a small fee, once a transaction with the lessee is finalized. These commissions are distributed to the ATL token holders. The size of this fee is determined by voting of the ATL token holders.
Votes to decide various actions taken with respect to the property: platform listing decision, listing fee approval, law firm choice, management company choice (property tokenization), property for rent approval, rental fee approval.

Ability to work, and earn extra income, within the framework of ATLANT as an arbiter for conflict resolution in P2P rentals, moderated via an arbiter rating system. As a result of this work funds withheld from the escrow of the losing party are distributed to the ATL token holder who performed the arbitration.

Influence on the platform and ability to propose, vote on and aid further developments to improve the efficiency of real estate globally, as well as boost ATLANT’s global adoption and growth.

Pg 8-9 of the White Paper
legendary
Activity: 1232
Merit: 1003
August 04, 2017, 05:02:24 AM
#81

6. Your math is wrong. 315 000 000 / 505 * 200 =~$125m


Fair market value given that real estate is a traditional industry, one that is slow to innovation but still ready for a fintech revolution.

you are absolutely right
sr. member
Activity: 924
Merit: 260
August 04, 2017, 04:02:24 AM
#80

6. Your math is wrong. 315 000 000 / 505 * 200 =~$125m


Fair market value given that real estate is a traditional industry, one that is slow to innovation but still ready for a fintech revolution.
legendary
Activity: 1232
Merit: 1003
August 04, 2017, 12:52:14 AM
#79
full member
Activity: 196
Merit: 100
August 03, 2017, 09:06:04 PM
#78
Quick question off topic - could fluent Mandarin speakers on this thread please PM me, if you're interested in work?
legendary
Activity: 1232
Merit: 1003
August 03, 2017, 06:58:39 PM
#77
One of our members has asked several questions on Slack http://goo.gl/KSNLnY that we thought we should share.

QUESTION
Hi,  I have a few starting questions...
1. Why do the ATL tokens need to get converted into ATP tokens after the ICO?
2. What is your plan in the event the Ethereum network becomes too congested as has already happened a few times? Their blockchain is bloating and within a year or two may become unusable if they don't implement scaling solutions fast enough. ANy plans to possibly migrate to Tezos, EOS, or something that wont be congested?
3. What is the status of your end-user app?
4. What is the status of your github?
5. You are at least the 4th Real estate ICO this month. Already there is REX, REAL, and PROPY. Explain how you are superior to these and why I should invest with you instead?
6. You are trying to capture aprox 6.2 Million ETH in the ICO (315,000,000 ATL tokens / 505 per ETH = 6.2M ETH = $1.3 BILLION USD) What in the world are you going to do with 1.3 BILLION USD ?!?!
7. Which exchanges will you be launching the tokens for trading post ICO?

ANSWER
1. Because we are in a presale phase where we are giving 1010 atl vs 505 atl per eth and via a smart contract. We are initially issuing atp which will automatically concrete to 2 atl after the ico. So you have it reversed.
2. We are building our own blockchain which will work together with the ethereum platform, thus we do not envision such problems.
3. It is in alpha phase, we are working hard on it.
4. Please see our github: https://github.com/AtlantPlatform
5. Rex for instance doesn't tokenize properties, it just lists them, kind of like zillow or trulia, or any of the other services that do this well without the need for a blockchain

The ATLANT platform will enable subdision of individual parcels of real estate by tokenization, and ATLANT will subsequently list them on exchanges via PTO (Property Token Offering), starting with the decentralized ADEX exchange, based on Ethereum smart contracts.     What we plan to do is create a tradeable market place for individual real estate properties which would revolutionize one of the world's largest markets. Also we plan to disrupt booking and airbnb which charge upwards of 30% because of their bloated staff. Many other real estate projects just replicate what already exists such as etfs or reits in a crypto wrapper - which we think is not terribly useful or innovative. However our project has solid foundation, experienced team which has business (investment banking / hedge funds) and technical expertise having built previous crypto projects
6. Your math is wrong. 315 000 000 / 505 * 200 =~$125m
7. As I mentioned, we have been in the crtpto space for some time. We have already started to talk with several exchanges, who should be keen to list ATL
member
Activity: 271
Merit: 10
August 03, 2017, 05:09:40 PM
#76
frcat, the company is global, just like the Ethereum foundation, bvi is juts the place of our incorporation but we are all over the globe...

I asked you about your exact address... So you dont have it and company?
I want to invest... but I must know to whom I invest (exact company and legal address of company)


Sea Meadow House
Blackburne Highway, PO Box 116, Road Town, Tortola, British Virgin Islands.

Come visit...


Perfect address for rest and relaxation. Just kidding.. Is this for avoiding government hurdles experienced by other startups in the mainland USA?

Just fulfilling our fiduciary duty to the coin holders.


Do not invest if you are a United States citizen or resident, or have a primary residence or domicile in the United Stated, including Puerto Rico, the U.S. Virgin Islands or any other territories of the United States and are not purchasing ATL tokens or signing on behalf of a United States citizen, resident or entity.


sr. member
Activity: 859
Merit: 251
August 03, 2017, 04:53:31 PM
#75
frcat, the company is global, just like the Ethereum foundation, bvi is juts the place of our incorporation but we are all over the globe...

I asked you about your exact address... So you dont have it and company?
I want to invest... but I must know to whom I invest (exact company and legal address of company)


Sea Meadow House
Blackburne Highway, PO Box 116, Road Town, Tortola, British Virgin Islands.

Come visit...


Perfect address for rest and relaxation. Just kidding.. Is this for avoiding government hurdles experienced by other startups in the mainland USA?
member
Activity: 271
Merit: 10
August 03, 2017, 04:48:30 PM
#74
frcat, the company is global, just like the Ethereum foundation, bvi is juts the place of our incorporation but we are all over the globe...

I asked you about your exact address... So you dont have it and company?
I want to invest... but I must know to whom I invest (exact company and legal address of company)


Sea Meadow House
Blackburne Highway, PO Box 116, Road Town, Tortola, British Virgin Islands.

Come visit...
full member
Activity: 1162
Merit: 101
August 03, 2017, 03:50:49 PM
#73
frcat, the company is global, just like the Ethereum foundation, bvi is juts the place of our incorporation but we are all over the globe...

I asked you about your exact address... So you dont have it and company?
I want to invest... but I must know to whom I invest (exact company and legal address of company)
legendary
Activity: 1232
Merit: 1003
August 03, 2017, 03:05:55 PM
#72
frcat, the company is global, just like the Ethereum foundation, bvi is juts the place of our incorporation but we are all over the globe...
full member
Activity: 1162
Merit: 101
August 03, 2017, 02:10:53 PM
#71
Quote
in the jurisdiction of British Virgin Islands

But what your current address of your company? British Virgin Islands is a big...
legendary
Activity: 1232
Merit: 1003
August 03, 2017, 02:00:43 PM
#70
Your cap is so big...
What minimum funds you need for working project?
If you ll not receive full cap, what than?

It takes a lot of advertising, technology, effort, and diligence to tokenize property and create a global platform - the task will not be easy, or cheap.
Our soft cap is 1.5m, and if we do not receive the full amount we will burn the remainder of the tokens.

What is your current address of your company? Cant see anything on your site...
Where you company based? Can you give to us more official information please?

Per our terms of token sale, our company is domiciled in British Virgin Islands: http://atlant.io/assets/documents/en/Terms_of_Token_Sale.pdf
full member
Activity: 1162
Merit: 101
August 03, 2017, 01:39:37 PM
#69
Your cap is so big...
What minimum funds you need for working project?
If you ll not receive full cap, what than?

It takes a lot of advertising, technology, effort, and diligence to tokenize property and create a global platform - the task will not be easy, or cheap.
Our soft cap is 1.5m, and if we do not receive the full amount we will burn the remainder of the tokens.

What is your current address of your company? Cant see anything on your site...
Where you company based? Can you give to us more official information please?
full member
Activity: 196
Merit: 100
August 03, 2017, 12:43:50 PM
#68
Your cap is so big...
What minimum funds you need for working project?
If you ll not receive full cap, what than?

It takes a lot of advertising, technology, effort, and diligence to tokenize property and create a global platform - the task will not be easy, or cheap.
Our soft cap is 1.5m, and if we do not receive the full amount we will burn the remainder of the tokens.
full member
Activity: 1162
Merit: 101
August 03, 2017, 12:21:16 PM
#67
Your cap is so big...
What minimum funds you need for working project?
If you ll not receive full cap, what than?
member
Activity: 271
Merit: 10
August 03, 2017, 10:33:15 AM
#65
Hey dev i have a question. how do we know that there are actual people participating in dis project, for example some bright names among advisers?

Hi, cnejni!  If you`re planing to invest 100 ETH or more we can arrange a conf call with the team.
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