I'm beginning to understand how this will work and I see how the projected 200 million page views/paid listing impressions will be turned into revenue for REST. My question is in regards to monetizing the views of end-users that will be seeing 20 pages per visit. Does the advertisement and/or listing revenue get passed onto token holders in some way or is REST only a utility token?
It's 200 million users, not page views. REST is only utility token.
How much did you raise during your pre-sale?
It's almost nothing. We already wrote about it. The reason is that we didn't any promotion of Pre-ICO, and announced it 1 week before the start date.
Will it be worldwide?
What if as a property owner I want to list my property for rent in Asia? Can I do that?
Of course you can do it
I read the ANN, and the whitepaper, but didn't understand it, what is this project doing differently than REAL ESTATE project and ATLANT project? the word AUTCION is there so I'm still unsure, can any user or dev answer? what I understand about the real estate is that we buy the tokens, then because we own tokens, we invest in a state with them, and we just receive revenue for the rental according to our share of it, but this project isn't like that, or is it? still not sure.
Both of them will tokenize properties, instead of our business model.
Just reading your whitepaper, but can you tell me why, if the highest bid is 20%+ above the
next highest bid in the auction, it is considered as suspicious?
This is done in order to protect users from spam.
After studying your website and whitepaper, I have some questions:
- What will happen with unsold and unclaimed tokens?
- Does anybody in the team have experience in renting apartmens?
- Can Chinese investors invest into this ICO?
There won't be unsold tokens because all tokens sold during ICO will be equated to 70% of all issued REST.
Of course, all of us. With this came the idea of the auction.
Chinese investors can invest to us.
When do you plan to exit the application to android? What are the additional services?
Android and iOS apps are planned to release in Q3 2018
I really like new blockchain projects that deal with real estate, so I'm very interested in Relest. After reading the whitepaper I have some thoughts about the project.
How will your rating system for the potential tenant you mentioned work? The way I imagine it, I think it is not enough. The landlord needs to get a lot of more information about the tenant. Last time I rented a flat I had to show latest bank statement that showed my income and had to give a confidential information on my credit rating. A simple rating like 'Mr. Tenant A always payed on time (5/5)' won't be accepted by the majority of the landlords. They rent their houses/flats sometimes for years and they want the safety to get their money on time.
Maybe I am imagining the rating system completely wrong but I think it should be more of a list of documents about the tenant the landlord can access than a actual rating. And to respect the privaty of the tenant these documents should only be accessible after the first contact.
The rating of tenants will depend on several parameters, including those.
