At face value it appears as though this is just a two person team behind this ICO.
This is not a project requiring huge technological development. Once the distribution smart contract is developed the project requires no further technological development.
With huge tech startups developing pioneering blockchain technology you may be right that large teams are required. Rest assured real estate does not require a huge team to manage. As detailed in the whitepaper, if needed we may utilize a local lettings agents who manage the properties for a nominal fee. However it is unlikely an agency will be needed given the number of properties under our management.
This is a project dealing with real world assets with a focus on investor returns. I am always vary of ICO projects with huge teams, it can often be they do not have investors interests at heart given that each team member and adviser may be getting a token or company share.
We are working with several contractors (web/graphic designer, legal counsel and online marketers), none of which are receiving a share of the company or additional tokens. These expenses are paid personally by the directors and these expenses will not be reclaimed from the ICO. By minimizing our team we can maximize the investors token share.
To provide comfort/clarity to potential investors, it may be beneficial to publicly detail who you will be utilising for the blockchain related aspects and information on the smart contract.
We appreciate your concerns regarding the small team. We did not feel it was important to list the contractors we were using and listed only those involved in the long term project. Having raised this concern with us, it is now likely we will add the more recognizable names we are dealing with to our website as others may have these same concerns.
Who are the blockchain architects/experts that will be used?
We have hired a company called Aequalis to develop the crowdsale, escrow and distribution smart contracts. They are a highly skilled blockchain development company and have an excellent track record working with multiple ERC20 tokens and Ethereum Dapps.
They are always on hand to provide further development if needed, but they are contractors hired at the directors expense. They are not getting a share of the tokens or company.
What are your mediation/risk protocols for token security, wallets, hacking etc?
It is the token holders responsibility as to where they wish to store their tokens.
Regarding smart contract security, all aspects of smart contract security are taken into account by the development team. The token sale will be utilizing a secure escrow wallet for investor security. Extensive testing is done before the smart contracts are deployed.
With regards to our ongoing security, no cryptocurrency will be held long term by the company. Ethereum will be purchased on a monthly basis and sent directly to the distribution smart contract.
If you have any further questions or concerns, we are happy to address them.
