Every day concurrence for the real estate projects on blockchain is growing.
Some time ago a Dutch-based ICO for a project called Dominium started a second bounty round and fundraising. Is worth to mention about this because they have a really strong team and a lot of experience in real estate markets. Additionally, they have already working platform and in the seed round, they raised 5 million $.
Dominium has very high scores on all ICO summary pages and good reviews from market advisors. This is a bad news for Atlant because Dominium team claims that they are ready with all needed papers and regulations. They are approved and free to start trading on their platform.
I advise to look closer at Dominium project and keep up with Atlant development because we are losing this race.
For a start, this project needs to deliver on its promises. Promises aren't worth anything right now. They can say anything. But in fact can not do anything
In every project it is always important that they will show results rather than saying a lot of things.
People in the crypto market understand the risk of investing, usually a long term hold could easily shaken investors because of the FUD in the market
but we should know if our investment is good for long term and we have to stick with our plan to hold.
It's funny because when you said this I realized that Atlant told us same stories when ICO was ongoing. On every YouTube presentation, Atlant CEO repeats few times that the exchange is ready and platform could be launched in a few weeks.
After fundraising they changed the story and yesterday on Telegram I saw a comment fro the Atlant team that this would take a few months more for sure to start with the platform. Of course, Atlant is ready but they wait for trading licenses.
If this is true why not to launch the platform in a test mode to check everything?
Find bugs and other problems before the platform is fully launched. I would do it if I will be Atlant CEO. Why not?
This would show a real progress in development and additionally, we can launch rentals on the platform first and tokenization of properties later.
From what I know rentals should be a way easier to start when it comes to regulations and needed licenses (says Atlant CEO, Jullian!!!).
I have to say that I invested in Atlant only because they stated that the platform will be launched after a month and such a date was on the original roadmap.
Additionally, Julian, the CEO stated in every presentation that they are almost ready with the code. After ICO they changed all promises and even the roadmap.
Today this project is different from this one I have invested. If I know that they will do something like this I will never send a penny to them.
I fill as they lied to me all the time when ICO was ongoing because I asked a few times about licenses and development.
Always got the same answer that everything is ok and they will be ready as scheduled on the roadmap.
Today they say something totally different and when I started to ask questions banned me from Telegram.