[ANN][ICO]Relest - first real estate rental AUCTION platform, 25 November

[viljy]

On the road map, the project is designed for long-term development. I'm saw listing on exchanges is planned after the ICO. This is good for further distribution. It is important that the maximum number of potential customers is informed of this platform. Perhaps you need advertising for promotion.

[Heimer]

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.

Are there any chances that you will release Android and iOS apps a little earlier. Even Alpha/Beta or sneak peak of thier functions?

[relest]

Are there any chances that you will release Android and iOS apps a little earlier. Even Alpha/Beta or sneak peak of thier functions?

Hi! Of course alpha version of the mobile apps will be realeased early - in Q2 2018

[kraterion]

It's a big time frame between end of ICO and alpha release, let's say beta in Q3 and release in Q4? Btw a mobile app is too important, in these days people use smartphones and tablets way more then computers

[Sozialtourist]

It's a big time frame between end of ICO and alpha release, let's say beta in Q3 and release in Q4? Btw a mobile app is too important, in these days people use smartphones and tablets way more then computers

Yes its quite some time between the end of the ICO and the alpha release in Q2 2018 but keep in mind that it takes time and money to develop such an alpha. They probably depend on the money raised in the ICO for further development and to hire new team members. 

[levyashin]

It's a big time frame between end of ICO and alpha release, let's say beta in Q3 and release in Q4? Btw a mobile app is too important, in these days people use smartphones and tablets way more then computers

You are right, it's a very big frame.

If alpha was out, it would be nice. We could have see that what are we investing to.

Now it's investing an idea. It's a good idea but i would love to see something about application.

[Islapdonkey]

is it true, this company/team members is based out of Kazakhstan or are you using the country for tax benefits?

[greatteager]

I'm looking to exchange only on exchanges with a small volume? on larger exchanges are planning?

[ParRus]

I'm looking to exchange only on exchanges with a small volume? on larger exchanges are planning?

I think it's too early to talk about exchanges, need to implement a working version of the product, although as practice shows, real estate projects are always in a trend - what why it's not excluded that Relest will be quoted at larger exchanges

[greatteager]

I'm looking to exchange only on exchanges with a small volume? on larger exchanges are planning?

I think it's too early to talk about exchanges, need to implement a working version of the product, although as practice shows, real estate projects are always in a trend - what why it's not excluded that Relest will be quoted at larger exchanges

Investors are interested in the growth of the coin on the exchange, so it is very important that the coin makes a turnover of money.

[the_donald]

I'm looking to exchange only on exchanges with a small volume? on larger exchanges are planning?

I think it's too early to talk about exchanges, need to implement a working version of the product, although as practice shows, real estate projects are always in a trend - what why it's not excluded that Relest will be quoted at larger exchanges

Investors are interested in the growth of the coin on the exchange, so it is very important that the coin makes a turnover of money.

true, but it's not the only reason people invest. some just see long term potential to actually use the platform.

[Islapdonkey]

I'm looking to exchange only on exchanges with a small volume? on larger exchanges are planning?

I think it's too early to talk about exchanges, need to implement a working version of the product, although as practice shows, real estate projects are always in a trend - what why it's not excluded that Relest will be quoted at larger exchanges

Investors are interested in the growth of the coin on the exchange, so it is very important that the coin makes a turnover of money.

true, but it's not the only reason people invest. some just see long term potential to actually use the platform.

Yeah a majority of investors are in it for a long run, if they are comfortable with the ability of the dev to deliver on the proposed idea. So it's all dependent on the dev to cultivate/nurture their trust to encourage long term holders. or choose the opposite route and deal with ico's pump and dump teams.

[sonnjjmoore]

Multiplying issues for more sale.Actually it was a prominent trade with you.Hoping for more trades.

[Trrrt]

Im sure relest will be on exchange soon after the ico. The value of the coin will growth with the value of the platform, and im sure that it will go up very fast. Real estate are in the trend these mounth, all people like real estate project, and link auction and crypto currencies is really a good idea. I want to see the platform growth day by day, im here for a long time. Relest has a huge potential, and I love real estate invest !

[haxllega]

I don't see the point of this project. An auction platform, wow, do we need a decentralized version of this? Please..

Well, we need decentralized version of pretty much everything because, government is not trustworthy anymore and we can not trust any centralized system.
Moreover politicians wants a cut from the rent I pay to my landlord. I mean wtf, looks like I need to pay to breath someday.

I feel the same way about the gov. anything that we can decentralize is for the better. and if we can get the gov outta renting , then that's great.

getting rid of our crooked governments could really be the next step in humanity.

[levyashin]

I'm looking to exchange only on exchanges with a small volume? on larger exchanges are planning?

Actually this kind of thing mostly gets clear after the ico. And it's directly proportional with the funding. If ico gets lots of funding best exchanges with large volumes, if ico gets little funding, then worse exchanges with little volume. But in long term is project is going well, good exchanges will be there.

Im sure relest will be on exchange soon after the ico. The value of the coin will growth with the value of the platform, and im sure that it will go up very fast. Real estate are in the trend these mounth, all people like real estate project, and link auction and crypto currencies is really a good idea. I want to see the platform growth day by day, im here for a long time. Relest has a huge potential, and I love real estate invest !

Wow, you literally use all the stereotype sentences without "this coin is going to moon". My advice for everybody, don't make decision on stereotype posts or any post. Read whitepaper, make your inspection, evaluate every post and then make an investment. It's your money, spend it wisely.

My own decision is to go for it, but it's every man for himself.

[Korsakopf]

It's a big time frame between end of ICO and alpha release, let's say beta in Q3 and release in Q4? Btw a mobile app is too important, in these days people use smartphones and tablets way more then computers

Yes its quite some time between the end of the ICO and the alpha release in Q2 2018 but keep in mind that it takes time and money to develop such an alpha. They probably depend on the money raised in the ICO for further development and to hire new team members. 

Not only that, besides actually developing a product, they will have to do a lot of networking. Get landlords interested in the platform enough to list their properties and then market it to people looking to rent. I don;t mind them taking some time for this, those things simply take time if you do it right.

[FIEX]

I'm looking to exchange only on exchanges with a small volume? on larger exchanges are planning?

Livecoin is not so small...
I'm sure when this project will be launched bigger exchanges will be added.

Real estate is getting more and more involved into blockchain. Love it!
Really hope I could buy/rent someday with my ETH

[Heimer]

Is there any news on which exchanges Relest will be traded and when will be trading possible? It will be huge if Relest will be listed on Kraken or Poloniex - price will skyrocket immediately

[Sozialtourist]

Is there any news on which exchanges Relest will be traded and when will be trading possible? It will be huge if Relest will be listed on Kraken or Poloniex - price will skyrocket immediately

I think there is nothing new but one of the team already mentioned that we have to wait after the ICO is finished, so just be patient. We are talking about 2-3 weeks after the ICO.

List of exchanges in which REST will be traded after ICO: