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1  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][Pre-ICO]Smartlands - First tokenization of agro assets with Deloitte audit on: September 10, 2017, 11:21:05 PM
Dear Smartland Team,

Since I'm involved in agriculture business myself, I find the idea of this project quite interesting. However, after reading the white paper I still have questions how this could work on practice:

1) In the white paper you say that key assets of the target companies would be transferred to escrow as a collateral. I don't really understand what legal rights it would give to token owners. Can you show us a draft (smart?) contract between escrow and fund-raising company?
2) What particular escrow company do you intend to use?
3) When investor buys an asset-based token, does he sign any kind of (smart?) contract with escrow or your platform? If yes, please provide example of such contract. If no - how does your platform guarantee money return to investors if company they invested in appears to be a scam?
4) On the example of your walnut orchard project, how exactly would investors receive their share of profit from the walnut sale? To make this work properly, all sales of walnut should be written on blockchain too. Do you have smart contract that will split the profit among all token holders?
5) How the investors can monitor on what their money was spent by fund-raising companies?
6) Is there any real usage of blockchain in the project at the moment, except for raising funds though ICO?

Looks like the project requires a lot of coding and drafting of smart contracts. Please provide GitHub link where we can read some code.

I know these are a lot of questions, but I would really appreciate answer to all of them. Thanks and good luck!
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