Heya !!
I have a question, I noticed you guys are going the Stock Exchange route, so then what exactly will give the token it's value?
Topic: [RLX] Relex: World's 1st Blockchain-Based Proxy Real Estate Developer Platform - page 7. (Read 22644 times)
February 22, 2018, 02:44:10 PM
February 19, 2018, 05:57:36 AM
hi Mansari
Yes, you are correct, I am trying to get an understanding of why the token will be valuable and it's use case, I can see how the company makes money on its investments based on property investments, but I am just not clear how a value proposition is created from token. I am sure they will be valuable, but it is just not clear from the website.
Yes, you are correct, I am trying to get an understanding of why the token will be valuable and it's use case, I can see how the company makes money on its investments based on property investments, but I am just not clear how a value proposition is created from token. I am sure they will be valuable, but it is just not clear from the website.
February 16, 2018, 02:31:15 AM
Hi there
I am trying to understand the project, I still don't understand how a damand for tokens on the 2 billion tokens on the platform will be generated, it seems like you only need a small number of tokens to register interest in projects and funding.
How will the token price increase in the future, this bit was not apparent to me?
Cheers
Scott
I am trying to understand the project, I still don't understand how a damand for tokens on the 2 billion tokens on the platform will be generated, it seems like you only need a small number of tokens to register interest in projects and funding.
How will the token price increase in the future, this bit was not apparent to me?
Cheers
Scott
February 16, 2018, 01:42:38 AM
Where can I see the introduction of the parent company, Squawk Advisors? I know that a strong parent company can make the project go further.
February 15, 2018, 11:02:53 PM
@ipizi -- I asked a very similar question (#127), and their reply is at #129. (I'm not part of the team, just trying to help.) also-- i think there was a reply somewhere that coinmarketcap requires at least $15,000 daily volume.
February 15, 2018, 02:25:28 PM
Discovered from last night's US cryptocurrency hearing that Relex may be the country's only coin to have indexed with the SEC's registration system & actually issued a CIK for regulation and compliance purposes- now the entire cryptocurrency sphere will have to catch up to comply.
With two executive members of the team possessing a blended background in anti-fraud prevention and enforcement as well as experience in both the private and public space of investment advisory and management, this development is not surprising to us. The cryptocurrency industry (particularly ICOs) as a whole is going to have to operate by far higher standards than was previously done in the past, and we are pleased to be one of the few cryptocurrencies leading this transition with standards that are far more likely to protect investor interests, while also defending creativity and innovation in the cryptocurrency space that could very well usher in an age of progress similar to that of the mobile phone in its inception as well as the early dot com days.
We are pleased to be partnering with Woodfine Capital Partners as well, another example and leading standard in fund transparency and accountability. The public reporting issuer, private wealth compliant model that Woodfine has pioneered with is being increasingly adopted as regulatory standards in the US State of Washington by 2020, with other states to follow. Peter Woodfine has pioneered a truly revolutionary fund model that is going to usher in a new paradigm of accountability and transparency in fund management in the United States and Canada going forward.
Having said all of this, as we may very well be the first cryptocurrency to be actively working with compliance and regulatory officials within the United States to make Relex a reality, working with regulators is a process to establish aligned interests and demonstrate our commitment to continuing to be an industry leader in the field of accountability and transparency. We continue to work towards contributing our efforts to the cryptocurrency space towards elevating cryptocurrencies to a standard and accepted asset class in the United States alongside real estate, stocks, bonds, and other financial instruments.
Relex Team
Hello Dev, new investor here. I just wanted to ask if you can clear a few things up for me(everyone). Hasn't relex been trading for quite some time now? Why is there still no listing on Coinmarketcap.com? That typically takes a week after requested.
Can you guys provide a link to the SEC filing record for RLX? I was unable to find "Relex" when searching under the Edgar filings.
Someone on the team should take a few minutes time and create a Telegram DISCUSSION channel for RLX? As it stands, information is difficult to find about this project. Discussion Telegram channels are a good way to provide transparency, and answer questions in one spot, rather than several. Most buzzing crypto projects currently have at least one discussion chat. This is an important community factor in my opinion.
Any news of upcoming exchanges, or when we can expect to see the token listed on Coinmarketcap? Thanks for your time!
February 14, 2018, 11:16:11 PM
Thanks a lot for the clarification. More power to you!
February 14, 2018, 02:29:25 PM
@Gwei,
Really quick, the indexing has been done under the parent company Squawk Advisors, the parent company. We are currently undergoing the process for full approval to operate the crowdfunding aspect of our business. As far as investors that wish to use RLX to snap up entire units under their own name, we are already cleared and ready to go with that.
@shochuu
We all completely agree with most of the points you made. The theme of the last week besides the interest from the Tel Aviv VC has involved a large media outlet looking to promote us, and we concluded similarly to you that certain steps need to be made first before we would go that route. I can assure you that rather than taking a rocket shot up without fueling up our tank, we are making sure we have the fuel and the design technicals for the ship to leave orbit successfully
So we have had big names in media approach us, but the building blocks need to be put in place in order to really take off. We are fully aware of this, and we are taking steps to make this happen.
Having said that, about half of our team is currently off for Lunar New Year, so don't expect too many updates this week as much of the work this week is paperwork, clerical, office organization, planning execution, etc. We get back to the action stage in the next coming weeks again. For those of you who are celebrating Lunar New Year, chuc mung nam moi, suc khoe va hanh phuc, and 新年快乐 ！
Relex Team
Really quick, the indexing has been done under the parent company Squawk Advisors, the parent company. We are currently undergoing the process for full approval to operate the crowdfunding aspect of our business. As far as investors that wish to use RLX to snap up entire units under their own name, we are already cleared and ready to go with that.
@shochuu
We all completely agree with most of the points you made. The theme of the last week besides the interest from the Tel Aviv VC has involved a large media outlet looking to promote us, and we concluded similarly to you that certain steps need to be made first before we would go that route. I can assure you that rather than taking a rocket shot up without fueling up our tank, we are making sure we have the fuel and the design technicals for the ship to leave orbit successfully
So we have had big names in media approach us, but the building blocks need to be put in place in order to really take off. We are fully aware of this, and we are taking steps to make this happen. Having said that, about half of our team is currently off for Lunar New Year, so don't expect too many updates this week as much of the work this week is paperwork, clerical, office organization, planning execution, etc. We get back to the action stage in the next coming weeks again. For those of you who are celebrating Lunar New Year, chuc mung nam moi, suc khoe va hanh phuc, and 新年快乐 ！
Relex Team
Awesome. Will eagerly await progress and continue making dank relex memes for the days to come. Keep up the good work!
February 14, 2018, 11:16:30 AM
@Gwei,
Really quick, the indexing has been done under the parent company Squawk Advisors, the parent company. We are currently undergoing the process for full approval to operate the crowdfunding aspect of our business. As far as investors that wish to use RLX to snap up entire units under their own name, we are already cleared and ready to go with that.
@shochuu
We all completely agree with most of the points you made. The theme of the last week besides the interest from the Tel Aviv VC has involved a large media outlet looking to promote us, and we concluded similarly to you that certain steps need to be made first before we would go that route. I can assure you that rather than taking a rocket shot up without fueling up our tank, we are making sure we have the fuel and the design technicals for the ship to leave orbit successfully So we have had big names in media approach us, but the building blocks need to be put in place in order to really take off. We are fully aware of this, and we are taking steps to make this happen.
Having said that, about half of our team is currently off for Lunar New Year, so don't expect too many updates this week as much of the work this week is paperwork, clerical, office organization, planning execution, etc. We get back to the action stage in the next coming weeks again. For those of you who are celebrating Lunar New Year, chuc mung nam moi, suc khoe va hanh phuc, and 新年快乐 ！
Relex Team
Really quick, the indexing has been done under the parent company Squawk Advisors, the parent company. We are currently undergoing the process for full approval to operate the crowdfunding aspect of our business. As far as investors that wish to use RLX to snap up entire units under their own name, we are already cleared and ready to go with that.
@shochuu
We all completely agree with most of the points you made. The theme of the last week besides the interest from the Tel Aviv VC has involved a large media outlet looking to promote us, and we concluded similarly to you that certain steps need to be made first before we would go that route. I can assure you that rather than taking a rocket shot up without fueling up our tank, we are making sure we have the fuel and the design technicals for the ship to leave orbit successfully
So we have had big names in media approach us, but the building blocks need to be put in place in order to really take off. We are fully aware of this, and we are taking steps to make this happen. Having said that, about half of our team is currently off for Lunar New Year, so don't expect too many updates this week as much of the work this week is paperwork, clerical, office organization, planning execution, etc. We get back to the action stage in the next coming weeks again. For those of you who are celebrating Lunar New Year, chuc mung nam moi, suc khoe va hanh phuc, and 新年快乐 ！
Relex Team
February 12, 2018, 11:56:36 AM
The website link points to FTP! Please fix, first thing I thought your website is down
February 12, 2018, 11:45:55 AM
Dear relex_core, I do not mean to be pushy, but as you can see deedcoin (out of Florida) has a publicly verifiable CIK number (0001727261), whereas a search for "Relex" or "RLX" has no hits on the SEC EDGAR database. It would be reassuring to have publicly verifiable information, or perhaps an explanation of why Relex has no publicly searchable presence on EDGAR. Thank you.
February 10, 2018, 01:26:08 PM
I don't want too much exposure to this until the team gets a wallet, a whitepaper, and a roadmap down , and a clear / easy to understand website. It's a good project, it just doesn't need publicity until it gets some solid technicals down. Technicals are what is seperating this from a 60+ mil market cap coin right now.
February 10, 2018, 07:03:55 AM
Sounding better and better. I have a good feeling about this project. Glad I got in on it early.
February 10, 2018, 01:32:47 AM
Discovered from last night's US cryptocurrency hearing that Relex may be the country's only coin to have indexed with the SEC's registration system & actually issued a CIK for regulation and compliance purposes- now the entire cryptocurrency sphere will have to catch up to comply.
With two executive members of the team possessing a blended background in anti-fraud prevention and enforcement as well as experience in both the private and public space of investment advisory and management, this development is not surprising to us. The cryptocurrency industry (particularly ICOs) as a whole is going to have to operate by far higher standards than was previously done in the past, and we are pleased to be one of the few cryptocurrencies leading this transition with standards that are far more likely to protect investor interests, while also defending creativity and innovation in the cryptocurrency space that could very well usher in an age of progress similar to that of the mobile phone in its inception as well as the early dot com days.
We are pleased to be partnering with Woodfine Capital Partners as well, another example and leading standard in fund transparency and accountability. The public reporting issuer, private wealth compliant model that Woodfine has pioneered with is being increasingly adopted as regulatory standards in the US State of Washington by 2020, with other states to follow. Peter Woodfine has pioneered a truly revolutionary fund model that is going to usher in a new paradigm of accountability and transparency in fund management in the United States and Canada going forward.
Having said all of this, as we may very well be the first cryptocurrency to be actively working with compliance and regulatory officials within the United States to make Relex a reality, working with regulators is a process to establish aligned interests and demonstrate our commitment to continuing to be an industry leader in the field of accountability and transparency. We continue to work towards contributing our efforts to the cryptocurrency space towards elevating cryptocurrencies to a standard and accepted asset class in the United States alongside real estate, stocks, bonds, and other financial instruments.
Relex Team
Relex continues to be ahead of the game.
New exchange coming, fantastic news!
After, I think is perfect time to list on coinmarketcap, this is number 1 way to gain more exposure.
February 07, 2018, 09:45:36 AM
The kids who panic sold relex in the last crash are in for a world of regret shortly.
Thank you Relex gods. Save us.
https://i.imgur.com/s6o5HJp.jpg
Thank you Relex gods. Save us.
https://i.imgur.com/s6o5HJp.jpg
February 07, 2018, 03:52:37 AM
great news, your professionalism is clearly much higher than 99% of other projects out there and it definitely was a deciding factor when it came to my personal investment in rlx, keep it up
February 06, 2018, 09:27:57 PM
Discovered from last night's US cryptocurrency hearing that Relex may be the country's only coin to have indexed with the SEC's registration system & actually issued a CIK for regulation and compliance purposes- now the entire cryptocurrency sphere will have to catch up to comply.
With two executive members of the team possessing a blended background in anti-fraud prevention and enforcement as well as experience in both the private and public space of investment advisory and management, this development is not surprising to us. The cryptocurrency industry (particularly ICOs) as a whole is going to have to operate by far higher standards than was previously done in the past, and we are pleased to be one of the few cryptocurrencies leading this transition with standards that are far more likely to protect investor interests, while also defending creativity and innovation in the cryptocurrency space that could very well usher in an age of progress similar to that of the mobile phone in its inception as well as the early dot com days.
We are pleased to be partnering with Woodfine Capital Partners as well, another example and leading standard in fund transparency and accountability. The public reporting issuer, private wealth compliant model that Woodfine has pioneered with is being increasingly adopted as regulatory standards in the US State of Washington by 2020, with other states to follow. Peter Woodfine has pioneered a truly revolutionary fund model that is going to usher in a new paradigm of accountability and transparency in fund management in the United States and Canada going forward.
Having said all of this, as we may very well be the first cryptocurrency to be actively working with compliance and regulatory officials within the United States to make Relex a reality, working with regulators is a process to establish aligned interests and demonstrate our commitment to continuing to be an industry leader in the field of accountability and transparency. We continue to work towards contributing our efforts to the cryptocurrency space towards elevating cryptocurrencies to a standard and accepted asset class in the United States alongside real estate, stocks, bonds, and other financial instruments.
Relex Team
February 06, 2018, 03:19:37 PM
Can you guys create a telegram group with the devs in it? I believe that would help the community grow and ease the pipeline for information retrieval.
Telegram group will be created shortly. For now, please join our official Telegram channel, we will be using it as the most up to date source for news, updates and signals.
https://t.me/relex_eng
February 05, 2018, 10:58:35 AM
Relex is one hardworking team! (I almost feel bad I'm doing nothing but hold coins.
However, please consider the following example (theoretical!) scenario based on Twitter posts. Disclosure: I do not work for the FDA or even big pharma, so take my thoughts with a grain of salt:
As pill-form Viagra is FDA-approved, I would imagine that pill-form generic Viagra will face less FDA scrutiny because probably the only thing that will change is the brand, i.e., it cannot be marketed as Viagra, but all other things stay the same, including formulation, dose, etc. On the other hand, inhalable Viagra will have to overcome questions like, is it safe, as safe, or safer than pill form? Does it reach similar levels in the blood as pill form? For better or for worse, inhalable forms of any FDA-approved drug will probably be compared to the existing pill form. Keeping in mind that the FDA is very conservative, I can imagine it will ask something like if pill form works fine and has proven safety record, why approve an inhalable form with an unproven safety record?
Hence, inhalable forms will probably have a longer product development phase than generic forms, which (of course) is not always a bad thing, except that some investors may not have the necessary patience. Yes, I also recognize that competition is probably tougher in the generics space.
In any case, good luck again, and keep up the good work!
However, please consider the following example (theoretical!) scenario based on Twitter posts. Disclosure: I do not work for the FDA or even big pharma, so take my thoughts with a grain of salt:
As pill-form Viagra is FDA-approved, I would imagine that pill-form generic Viagra will face less FDA scrutiny because probably the only thing that will change is the brand, i.e., it cannot be marketed as Viagra, but all other things stay the same, including formulation, dose, etc. On the other hand, inhalable Viagra will have to overcome questions like, is it safe, as safe, or safer than pill form? Does it reach similar levels in the blood as pill form? For better or for worse, inhalable forms of any FDA-approved drug will probably be compared to the existing pill form. Keeping in mind that the FDA is very conservative, I can imagine it will ask something like if pill form works fine and has proven safety record, why approve an inhalable form with an unproven safety record?
Hence, inhalable forms will probably have a longer product development phase than generic forms, which (of course) is not always a bad thing, except that some investors may not have the necessary patience. Yes, I also recognize that competition is probably tougher in the generics space.
In any case, good luck again, and keep up the good work!
February 04, 2018, 01:48:05 PM
Yeah, relex is a little bit slow to take off in its infancy because using RLX to invest - if it pays in RLX, requires liquidity to sell it to realize ROI. (Etherdelta and Stocks.exchange have almost no liquidity, and coin marketing is very quiet )
So this puts us at a situation where we need new exchanges to grow.
Big things that investors want to see are
#1 SEC compliancy proof
#2 Website Overhaul
#3 Streamlined whitepaper
#3.5 A roadmap
#4 Detail and information /simplification of the relex platform.( people are not going to invest in things that they can't understand, it's that simple )
#5 exchanges
In no particular order. : )
So this puts us at a situation where we need new exchanges to grow.
Big things that investors want to see are
#1 SEC compliancy proof
#2 Website Overhaul
#3 Streamlined whitepaper
#3.5 A roadmap
#4 Detail and information /simplification of the relex platform.( people are not going to invest in things that they can't understand, it's that simple )
#5 exchanges
In no particular order. : )
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