[ANN] Real Estate Blockchain Crowdfunding Technology

[fahmp7]

FYI - Melissa just answered many of my questions privately, so they are still communicating even though the Telegram group is closed. Since it was a private conversation, I don't want to post it here publicly without permission. I still have concerns, but I at least wanted to mention that they are listening.




Melissa asked that I not copy/paste the conversation here because she's concerned it could lead to confusion, which would just feed the trolls.

That said, she gave me permission to answer similar questions here if I know the answer.

I've got a few questions then:
- is the delay in platform deployment caused by not meeting goals, or did they come across legal problems that were not foreseen?
- are they already selling their ETH benefitting from good price, or are they willing to wait till property acqusition?

[panorama]

FYI - Melissa just answered many of my questions privately, so they are still communicating even though the Telegram group is closed. Since it was a private conversation, I don't want to post it here publicly without permission. I still have concerns, but I at least wanted to mention that they are listening.




Melissa asked that I not copy/paste the conversation here because she's concerned it could lead to confusion, which would just feed the trolls.

That said, she gave me permission to answer similar questions here if I know the answer.

I've got few questions then:
- is the delay in platform deploy caused by not meeting goals, or did they come across legal problems that were not foreseen?
- are they already selling their ETH benefitting from good price, or are they willing to wait till property acqusition?

I don't know if they have cashed out their ETH yet...I didn't ask that question.

Based on her comments to me, it seems like they are still trying to work through their structure. They are trying to do something innovative, so it takes time. Melissa assured me that the process requires more than just setting up an SPV, but she didn't go into more detail. She did mention they are working with Dentons, a top law firm.

At the same time, they are also exploring markets in Southeast Asia to invest in.

[mandibleclaw]

And these are good questions, I would also ask how the platform development is going. I think a video explaining all those things would be good. A blog post is just too cold

[ArtLp]

The impression they made was , that they are making the ico to try out their platform with investor of real estste.

Now it looks like, they needed the investors to fund the development of their platform, which will be ready after development.

You cant run a telegram with this change of things. Its like night and day situation.

Just as said before, its misleading. Best thing you can do, if you didnt dumped this tolken is dumping it now, and preventing a loss for more then 90%, before the whole truth will come out.

Melissa is just the idiot paid for keeoing people busy and calm. I would not trust her, but also not the team.

Its like a script for how scam people, so far.

You are right about trying their platform before the ICO and if you look at the article,

https://medium.com/@real_token/how-to-securely-contribute-to-our-real-token-sale-c0d0406912d8

Below, i quoted the most important

More info:

pd1: Check out our FAQ in case of doubts. https://medium.com/@real_token/real-token-sale-faq-fa1fa574fba2

pd2. We already have a positive CoinFabrik Token Audit https://blog.coinfabrik.com/security-audit-real-estate-crypto-token/

pd3. We’ve woke up this morning with this message from Ian Balina, one of the most influential youtubers/communicators on the Crypto-scene.

    “I’ve re-scored them, giving them 3 points for now having a prototype. Their score now jumps from a 73% to a 93%. They’re now one of the best real estate ICOs this month. Their demo might even be much better than Propy’s demo.”

93% is one of the top ratings to ICO’s ever.

As you can see, they let someone said they have a working demo and they quoted it the 29th aug.

If they have a working demo in august, why it should take 3 more month for the platform ? Can't they just make the platform online with no estate for now ?

[chem96]

"exploring market in south asian..."

=? Koh Samui beach? Patong? Phuket?

of course....

[bcmine]

The impression they made was , that they are making the ico to try out their platform with investor of real estste.

Now it looks like, they needed the investors to fund the development of their platform, which will be ready after development.

You cant run a telegram with this change of things. Its like night and day situation.

Just as said before, its misleading. Best thing you can do, if you didnt dumped this tolken is dumping it now, and preventing a loss for more then 90%, before the whole truth will come out.

Melissa is just the idiot paid for keeoing people busy and calm. I would not trust her, but also not the team.

Its like a script for how scam people, so far.

You are right about trying their platform before the ICO and if you look at the article,

https://medium.com/@real_token/how-to-securely-contribute-to-our-real-token-sale-c0d0406912d8

Below, i quoted the most important

More info:

pd1: Check out our FAQ in case of doubts. https://medium.com/@real_token/real-token-sale-faq-fa1fa574fba2

pd2. We already have a positive CoinFabrik Token Audit https://blog.coinfabrik.com/security-audit-real-estate-crypto-token/

pd3. We’ve woke up this morning with this message from Ian Balina, one of the most influential youtubers/communicators on the Crypto-scene.

    “I’ve re-scored them, giving them 3 points for now having a prototype. Their score now jumps from a 73% to a 93%. They’re now one of the best real estate ICOs this month. Their demo might even be much better than Propy’s demo.”

93% is one of the top ratings to ICO’s ever.

As you can see, they let someone said they have a working demo and they quoted it the 29th aug.

If they have a working demo in august, why it should take 3 more month for the platform ? Can't they just make the platform online with no estate for now ?

the problem is, that you dont know, what other changes they are going to make.

you know nothing about the development.

you dont know what problems caused the delay of 5 (!) months, thats half a year!

there are no words about compensation of investors loses, because there are no div payments from december on!


the things what they are doing now is closing all communication channels with community involvement. What can Mellisa do instead? The question is, what is she doing the whole day long, anyway.

The new roadmap plan is a joke. There are no details, what are the problems, how they are working on it and so on.

[mandibleclaw]

I agree with you on that, since she's the community manager she must be way more involved then these days. Slack was good for this purpose

[bcmine]

I agree with you on that, since she's the community manager she must be way more involved then these days. Slack was good for this purpose

its a professional team anyway, with alot of experience. i would not be worried if its getting executed. its just the question when and how.

someone knows if they sold their ETH for buying property ?

[lofegs]

I agree with you on that, since she's the community manager she must be way more involved then these days. Slack was good for this purpose

its a professional team anyway, with alot of experience. i would not be worried if its getting executed. its just the question when and how.

someone knows if they sold their ETH for buying property ?

Haven't heard anything about. But if I'm not wrong they mentioned they were waiting for $400.

edit:c ouldn't find the source.

[Jay2408]

I agree with you on that, since she's the community manager she must be way more involved then these days. Slack was good for this purpose

its a professional team anyway, with alot of experience. i would not be worried if its getting executed. its just the question when and how.

someone knows if they sold their ETH for buying property ?

Haven't heard anything about. But if I'm not not wrong they mentşoned they were waiting for $400.

Means, they should have sold them already a couple of days ago, at best yesterday. Pity, that they don't comment on it.

[lofegs]

I agree with you on that, since she's the community manager she must be way more involved then these days. Slack was good for this purpose

its a professional team anyway, with alot of experience. i would not be worried if its getting executed. its just the question when and how.

someone knows if they sold their ETH for buying property ?

Haven't heard anything about. But if I'm not not wrong they mentşoned they were waiting for $400.

Means, they should have sold them already a couple of days ago, at best yesterday. Pity, that they don't comment on it.

You're right, that means they should've sold but hope they will update the investors.
Couldn't find the source though.

"For us, next 3 months are very important. We are going to be watching the ETH price carefully, and will wait for the best moment to change our funds for investments. We will continually adapt our strategy to make sure the final outcome is always of benefit to our Token holders."

Just this one right now.

[maritimo123]

Oh, btw, they stated many times the reasons for their delays. Some of you guys should read their announcements...

Even Google, Apple and Microsoft have delays...

I love what Panorama wrote above:

"If you go back through this thread, you'll find that it's mostly shitposting and complaining, so there's not much reason for her to participate. It seems that's why they are sticking to the public communication channels.

If you've got a real question, she'll answer you if you reach out, but I wouldn't expect her to jump into the lion's den here for no reason."

[MAFTRADER]

Oh, btw, they stated many times the reasons for their delays. Some of you guys should read their announcements...

Even Google, Apple and Microsoft have delays...

I love what Panorama wrote above:

"If you go back through this thread, you'll find that it's mostly shitposting and complaining, so there's not much reason for her to participate. It seems that's why they are sticking to the public communication channels.

If you've got a real question, she'll answer you if you reach out, but I wouldn't expect her to jump into the lion's den here for no reason."

i saw the update from telegram

still no confirmation for platform

did you know the launching date ? or just 1st quarter or 2nd quarter 2018 ?

[bcmine]

Oh, btw, they stated many times the reasons for their delays. Some of you guys should read their announcements...

Even Google, Apple and Microsoft have delays...

I love what Panorama wrote above:

"If you go back through this thread, you'll find that it's mostly shitposting and complaining, so there's not much reason for her to participate. It seems that's why they are sticking to the public communication channels.

If you've got a real question, she'll answer you if you reach out, but I wouldn't expect her to jump into the lion's den here for no reason."

i saw the update from telegram

still no confirmation for platform

did you know the launching date ? or just 1st quarter or 2nd quarter 2018 ?

[Coin_trader]

Except the ATLANT which is in the controversy right now, almost all real estate related projects failed, they are very active and alive at the start like REX but turn out to be a failed project later, what do you think is the reason? Are we really ready for a real-estate crypto project?

[panorama]

Except the ATLANT which is in the controversy right now, almost all real estate related projects failed, they are very active and alive at the start like REX but turn out to be a failed project later, what do you think is the reason? Are we really ready for a real-estate crypto project?

It's a good question because you have to look at asset backed tokens differently than other tokens. It's possible that investors have to get used to this, but it's not very complex, so I don't think it's a big hurdle. In fact, I find asset backed tokens much easier to analyze.

Atlant isn't even an asset backed token, but their business model sucks in my opinion, so that may be why they aren't doing well. I think the right business model with the right team can do well.

[mandibleclaw]

I agree with you on that, since she's the community manager she must be way more involved then these days. Slack was good for this purpose

its a professional team anyway, with alot of experience. i would not be worried if its getting executed. its just the question when and how.

someone knows if they sold their ETH for buying property ?

+1

They posted it on their last blog. They did not sell it yet. They sold the ETH for costs.

https://medium.com/@real_token/general-updates-blockshow-e6532604c0a0

They seem they know what they are doing.

So they sold an amount between 6000 and 7000 ETH since they want to keep $3M as operative costs. Do you remember how much they raised? 38k ETH ? When they're gonna sell 31/32k ETH for $500 each it's gonna be around $16M ? If I did the right math it's a good amount for buying real estates

[bcmine]

I agree with you on that, since she's the community manager she must be way more involved then these days. Slack was good for this purpose

its a professional team anyway, with alot of experience. i would not be worried if its getting executed. its just the question when and how.

someone knows if they sold their ETH for buying property ?

+1

They posted it on their last blog. They did not sell it yet. They sold the ETH for costs.

https://medium.com/@real_token/general-updates-blockshow-e6532604c0a0

They seem they know what they are doing.

So they sold an amount between 6000 and 7000 ETH since they want to keep $3M as operative costs. Do you remember how much they raised? 38k ETH ? When they're gonna sell 31/32k ETH for $500 each it's gonna be around $16M ? If I did the right math it's a good amount for buying real estates

its definitly a good business to buy the tokens now, as the marketcap is around 4 mill. I just wonder why the founders are not buying them....

[george_crypto]

"We are benefiting from this growth as we had not exchanged our ETH until last Friday. Our strategy of waiting and believing in the ETH growth has proven to be correct.

    We have exchanged the ETH assigned to our Core Operating Budget (30%) so we have secured a good buffer (over 3MM USD as planned) for development and marketing for the next years. (btw: Platform development is advancing as planned according to published roadmap)
    We still have not sold the ETH that will be used for investments (70%) as we are waiting for the ETH to stabilise over USD 500. We will announce when it is done."

Well stated the cashing operation.

https://medium.com/@real_token/general-updates-blockshow-e6532604c0a0

[bcmine]

why is the new logo of real.markets having nothing in common with real property?

i liked the old logo, because it showed somehting like an abstract building front. the new logo looks like a $100 fivvver project.

should not the logo present some real estate property thing thong?