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Author Topic: [ANN][ICO]Relest - first real estate rental AUCTION platform, 25 November  (Read 35008 times)
viljy
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September 14, 2017, 02:17:45 PM
 #421

You can, without getting up from the chair, rent real estate anywhere? If you do not inspect in kind, but only look at 3D. And pay tokens. Well, I mean, is it probably possible?
right! that's their concept, and I really like this
real estate is most profitable business going all over the world. i am prefer real estate is best opportunity to invest on Relest project.

I agree that the contribution to real estate is a great idea, it's a pity the project will only be available in the US at the first time ..

Yes, and while the platform is only in the USA, then, as I understand from reading this thread, the developers plan to include Europe in the scope. But in any case, investors benefit, since the tokens that will be used when the platform functions, will grow in price.
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September 14, 2017, 02:56:58 PM
 #422

Am yet to get an answer for this question too? but where is this company based?
Dev team will be based in Kazakhstan (for development period), headquarter - in the US (later).

Doesnt it affect the ICO when you are US based?? We are seeing so many ICO's getting into trouble because of the ridiculous rules imposed by US and now Chinese governments. The auctioning part may look a little clingy for some authorities.
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September 14, 2017, 03:16:15 PM
 #423

Am yet to get an answer for this question too? but where is this company based?
Dev team will be based in Kazakhstan (for development period), headquarter - in the US (later).

Doesnt it affect the ICO when you are US based?? We are seeing so many ICO's getting into trouble because of the ridiculous rules imposed by US and now Chinese governments. The auctioning part may look a little clingy for some authorities.

They are not US based. Their headquarters will be located in the US in the future. As long as the ICO is held outside USA and China there should be no problem on that.

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September 14, 2017, 04:24:10 PM
 #424


very interesting .. real estate has several projects .. is perfect for us to follow the progress .. which projects will be successful .. I am sure, everyone who has participated here wants this project a success  Cheesy

Well, market demands for more than one player.
Ans, competition is important in order to keep market stable.

Remember that this is not a real estate market. they're not gonna buy anything. they're just there to connect landlords and potential customers.

Like sort of an AirBNB without the extreme fees that go the middleman.

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September 14, 2017, 04:32:50 PM
 #425

Am yet to get an answer for this question too? but where is this company based?
Dev team will be based in Kazakhstan (for development period), headquarter - in the US (later).
It makes sense that you start in your own country, where you feel comfortable and have all the information's about renting market. With the help of your new advisor, you can expect a smooth transaction to US where the market is probably more fierce.

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September 14, 2017, 04:40:49 PM
 #426

Relest website now in chinese - https://ico.relest.io/cn/
Great, do you plan to publish the website in other languages?
Yes of course, they have a bounty campaign for it.
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September 14, 2017, 04:59:16 PM
 #427

Its better than a simple airbnb. Relest will offer a platform with low fees, and the most important things is the auction part. Its more like eBay with a rental possibility. Its really a smart idea, it would be great to fix the unbalanced price problem. With the platform and auction system you will be able to find an accurate price and to rent something a a real market price and not to a price fixed lower or higher.
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September 14, 2017, 05:13:08 PM
 #428

Its better than a simple airbnb. Relest will offer a platform with low fees, and the most important things is the auction part. Its more like eBay with a rental possibility. Its really a smart idea, it would be great to fix the unbalanced price problem. With the platform and auction system you will be able to find an accurate price and to rent something a a real market price and not to a price fixed lower or higher.

Also airBNB is mostly for short time stay like holidays or other trips. But I think Relest will mainly work as an rental platform for apartments/houses which focus for long time rent.

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PS92
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September 14, 2017, 05:17:58 PM
 #429

Its better than a simple airbnb. Relest will offer a platform with low fees, and the most important things is the auction part. Its more like eBay with a rental possibility. Its really a smart idea, it would be great to fix the unbalanced price problem. With the platform and auction system you will be able to find an accurate price and to rent something a a real market price and not to a price fixed lower or higher.

Also airBNB is mostly for short time stay like holidays or other trips. But I think Relest will mainly work as an rental platform for apartments/houses which focus for long time rent.

I know its better and for a whole other purpose, but I just said it to make a simplified comparison.

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September 14, 2017, 05:48:43 PM
 #430

Its better than a simple airbnb. Relest will offer a platform with low fees, and the most important things is the auction part. Its more like eBay with a rental possibility. Its really a smart idea, it would be great to fix the unbalanced price problem. With the platform and auction system you will be able to find an accurate price and to rent something a a real market price and not to a price fixed lower or higher.

Also airBNB is mostly for short time stay like holidays or other trips. But I think Relest will mainly work as an rental platform for apartments/houses which focus for long time rent.

I know its better and for a whole other purpose, but I just said it to make a simplified comparison.
Hopefully, they have two sections one for long term renting and one for holidays. I think it's possible to have this two on one platform without problems.

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September 14, 2017, 06:28:31 PM
 #431

Its better than a simple airbnb. Relest will offer a platform with low fees, and the most important things is the auction part. Its more like eBay with a rental possibility. Its really a smart idea, it would be great to fix the unbalanced price problem. With the platform and auction system you will be able to find an accurate price and to rent something a a real market price and not to a price fixed lower or higher.

Also airBNB is mostly for short time stay like holidays or other trips. But I think Relest will mainly work as an rental platform for apartments/houses which focus for long time rent.

both will be a focus. It's a good idea to not limit the options of the platform.

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September 14, 2017, 06:37:39 PM
 #432

https://icobench.com/ico/relest
4.8 - wow, realy cool rating!
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September 14, 2017, 07:17:30 PM
 #433

Am yet to get an answer for this question too? but where is this company based?
Dev team will be based in Kazakhstan (for development period), headquarter - in the US (later).

I think this is first ICO I see based in Kazakhstan, very interesting and wish you luck  Smiley

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September 14, 2017, 07:29:12 PM
 #434

I still son't get why a landlord would do an auction. Yes this whole thing looks very good for renters but about landlords, I don't know

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PS92
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September 14, 2017, 07:41:17 PM
 #435

Am yet to get an answer for this question too? but where is this company based?
Dev team will be based in Kazakhstan (for development period), headquarter - in the US (later).

I think this is first ICO I see based in Kazakhstan, very interesting and wish you luck  Smiley

Unlike what you might expect Kazakhstan has some decent developer teams.

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September 14, 2017, 07:50:03 PM
 #436

We are planning to start project with testing in a small market (Kazakshtan, and then CIS region) for 2-3 monthes, then it will be US.
I imagine you will have to adapt slightly to each county where you will start your platform. Laws are different and you will have to study them before joining the market.
Will Europe follow US?

When you change countries, you always must avid for their laws, and yes, i imagine that they will move to Europe, and later to South America when they are big enough, why wouldn't they, they will grow slowly but continuously, so going to every part of the world is the obvious course to follow.

CIS region isnt that small Smiley.
2-3 months isnt that long for testing. Think it should be at least a year to get your name and product out there. Targeting US after 2-3 months... that risky I think.

Please dont go to fast.
But I'm not an advisor so you dont have to listen Cheesy

the targeting of large markets should happen as soon as possible. that's where the real money is.

The money is there but there still has to be a community using this platform.
Money with no community will fail. US is such a big country if there are 1000 places for rent the chance its in your town is still very small.

So first marketing and getting your name out and then launch step by step the platform in small countries...
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September 14, 2017, 08:03:57 PM
 #437


very interesting .. real estate has several projects .. is perfect for us to follow the progress .. which projects will be successful .. I am sure, everyone who has participated here wants this project a success  Cheesy

Well, market demands for more than one player.
Ans, competition is important in order to keep market stable.

Remember that this is not a real estate market. they're not gonna buy anything. they're just there to connect landlords and potential customers.

Like sort of an AirBNB without the extreme fees that go the middleman.

Now that you mention it, I noticed AirBnB is getting some resistance from hotels, but also from the neighbors living nearby because of the noise those AirBnBs tend to generate. The government could consider prohibiting such types of rentals.
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September 14, 2017, 08:17:18 PM
 #438

I still son't get why a landlord would do an auction. Yes this whole thing looks very good for renters but about landlords, I don't know

For me its the other way round. Imo landlords would profit even more. They can set a minimum rent they want at least and then can use the platform to look out for tenants who would be willing to pay more.
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September 14, 2017, 08:44:02 PM
 #439

The concept is pretty cool but to be honest i would like to see more details on how you gonna be influent in this market. Your concept is one of the best, sure but how are you going to act to be known. I hope you will improve this point. I support you but you have to be more precise, it will be useful for all of us.
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September 14, 2017, 09:20:59 PM
 #440

The concept is pretty cool but to be honest i would like to see more details on how you gonna be influent in this market. Your concept is one of the best, sure but how are you going to act to be known. I hope you will improve this point. I support you but you have to be more precise, it will be useful for all of us.

And also I'm concerned about this, renting market is almost saturated and airBNB disrupted it basically, there is some room for an auction platform?

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