The KYC is a standard practice these days for any legitimate ICO looking to raise funds. The KYC makes sure that the project is benefitting by implementing the process, as well as it helps to protect the people that want to participate in the project. A KYC process makes sure that people with no real interest are filtered out of the project, people that want to laundry their money for their criminal activities.
All the KYC forms will only be used by Elements Estates, and only the team members of Elements Estates that need to see the forms, will see them. The forms will also only be used for the Whitelist and nothing else.

We are always looking to improve ourselves, but at this stage we don't have plans to change the erc20 token

We have written a step-by-step guide to help you there -> https://medium.com/@ElementsEstates/the-elements-estates-know-your-customer-process-935df08902fe

We are always improving and exploring new opportunities, so yes there is possible more in the future.. Are you already in our Telegram channel? When we have new updates regarding new phases that you are referring to, you will hear it there first -> https://t.me/elementsestates

-A platform serving as an interaction hub between the ELES token holders and the Fund, created for purchasing tourism, commercial and residential properties in the SEE region. While the Fund will focus on identifying distressed assets, starting within the SEE region, which can be restructured as real estate projects, it will later either sell or rent properties.

-An Ecosystem reflecting the growth of the ELES token. While growing the value of real estate portfolio through active restructuring and development of real estate projects, purchased mainly through NPLs with good discounts on one side, and on the other side reducing supply of active tokens on the market through a lock-down mechanism, this ecosystem will give a positive and multiplicative effect on ELES token.

- By using smart contract in buying and renting different types of properties on the ELES platform, Elements Estates is improving efficiency in time and money for all participants.

-With different voting possibilites, selling real estate on tenders, and putting projects in development on the blockchain, Elements Estates team wants as well to improve transparency in the world of real estate.

Our buffer is distress purchase price in first line. So we have time to react. Every crisis takes some time to evolve to its maximum and reaches its full impact. Because of mentioned buffer we have time to detect it after it starts. In such scenario we would sell RE in the markets that could be impacted, very fast. We would be than able to invest in RE in areas that would start its growth cycle and prepare to enter again to the areas hit by the crisis, after they are at the bottom and RE prices reaches bottom, therefore providing again best potential.

Our first main target countries are Greece, Cyprus, Croatia and Slovenia. The other highlighted countries are the possibilities in the near future.

ICO company will transfer funds to foundation. This step we will add because of contributors security as this foundation will than act as perpetuum mobile. Portfolio will just grow. Foundation will than transfer funds to EU regulated fund. Reason for this is easier possibility of leverage. This scheme is also tax optimized so majority of profits generated through portfolio management will remain as gain in portfolio.