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Author Topic: [ANN][ICO] GENESIS - Investment in Real Estate  (Read 27523 times)
veranika55 (OP)
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February 05, 2018, 08:11:17 PM
 #61

Hello! In a week I'll be in Mallorca and see the office. Everyone likes to exaggerate)))

When will the trip report be?

I hope we will see it.
PinoyD
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February 06, 2018, 07:45:04 AM
 #62

There is no difference. This is the same scam as the rest of ICO's real estate.  Grin
Tokens will change to euros and buy real estate. And then the earned money from the lease will be changed to tokens and paid to you. It's brilliant.
Why have not you received an Oscar yet?
Thank you for your response,
Its 53 days before the initial token offering, I hope that your opinion will change. Five main advantages on the genesis website are more credible than your words.
kapa6ac
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February 06, 2018, 10:53:55 AM
 #63

Does the project use REIT?
berlinboy
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February 06, 2018, 11:04:23 AM
 #64

The token is used only for the calculation of payments? Or can I pay for some services?
veranika55 (OP)
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February 06, 2018, 11:49:44 AM
 #65

The token is used only for the calculation of payments? Or can I pay for some services?

The GES token is the only accounting unit that confirms the investor's participation in the GENESIS project. Payments within the project will be made based on the total number of tokens registered for each project participant in their accounts at the time of payment, in the same amount per one token, regardless of the current market value of GES tokens or the rate at the time the GES tokens were purchased.
veranika55 (OP)
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February 06, 2018, 11:52:18 AM
Last edit: February 06, 2018, 12:52:03 PM by veranika55
 #66

Does the project use REIT?

REIT does not allow to work with cryptocurrency, tokens and blockchain.
Only the best will be borrowed from the REIT!


Let me explain what is REIT

The REIT block means that the company's business model includes some operational and functional business processes of Real Estate Investment Trusts.
The REIT block will ensure the transparency of the GENESIS's operation, mandatory reporting and auditing, voting mechanisms on the issues of project development, the procedure for the formation and allocation of the development fund, and the opportunity for investors to withdraw from the project following the company's obligations to redeem the tokens.
The REIT block ensures reliability of the company, safeguards investors' interests, and accommodates engaging conservative and institutional investors.
kapa6ac
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February 06, 2018, 02:08:11 PM
 #67

Does the project use REIT?

REIT does not allow to work with cryptocurrency, tokens and blockchain.
Only the best will be borrowed from the REIT!


Let me explain what is REIT

The REIT block means that the company's business model includes some operational and functional business processes of Real Estate Investment Trusts.
The REIT block will ensure the transparency of the GENESIS's operation, mandatory reporting and auditing, voting mechanisms on the issues of project development, the procedure for the formation and allocation of the development fund, and the opportunity for investors to withdraw from the project following the company's obligations to redeem the tokens.
The REIT block ensures reliability of the company, safeguards investors' interests, and accommodates engaging conservative and institutional investors.
Thank you for your explanation. Smiley
Crypto Girl
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February 06, 2018, 02:12:32 PM
 #68

Most of those real estate crypto projects did not make waves at the market, the others has been died just before it reaches the exchange some did not stay and died instantly while the others stayed for a quite period of time, what will be the difference of this project from all those already launched.

I use this provider to trade Cryptos : Bitcoin Revolution
veranika55 (OP)
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February 06, 2018, 04:10:05 PM
 #69

Most of those real estate crypto projects did not make waves at the market, the others has been died just before it reaches the exchange some did not stay and died instantly while the others stayed for a quite period of time, what will be the difference of this project from all those already launched.

Genesis is not an intermediary platform, but an ICO, which will purchase commercial real estate objects for collected money, and then rent them out.

They are not a platform for connecting people together, they are a platform that owns real estate and receives income from its commercial use. All investors who have bought ICO tokens will receive profit from the rental of real estate, which will be credited to their account. Investors through the internal exchanger can exchange the profit for any cryptocurrency or Fiat money or buy tokens. Tokens of ICO Genesis will be secured by real estate, which bought the Genesis on the money raised from investors.
ClickAuto
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February 06, 2018, 08:29:04 PM
 #70

I think that it will be very good that it will be a local  exchange where it will be possible to exchange the tokens. It will be very simple to buy and sell tokens.
veranika55 (OP)
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February 06, 2018, 09:44:34 PM
 #71

I think that it will be very good that it will be a local  exchange where it will be possible to exchange the tokens. It will be very simple to buy and sell tokens.

I think the more people have opportunities to buy and sell tokens that is  the better
PinoyD
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February 07, 2018, 05:37:26 AM
 #72


The GES token is the only accounting unit that confirms the investor's participation in the GENESIS project. Payments within the project will be made based on the total number of tokens registered for each project participant in their accounts at the time of payment, in the same amount per one token, regardless of the current market value of GES tokens or the rate at the time the GES tokens were purchased.
Is it ERC-20?
SuperNovah90
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February 07, 2018, 05:53:53 AM
 #73

Guys, honestly it's not the best time to start such a campaign, as everybody still remember "super-successful" Atlant and Propy.

veranika55 (OP)
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February 07, 2018, 06:12:15 AM
 #74

Guys, honestly it's not the best time to start such a campaign, as everybody still remember "super-successful" Atlant and Propy.

There will always be scams in any direction of the ICO and the scams will always be discussed a lot, as many people lose money in them, especially if there was a powerful advertisement. If the project is good and made a profit, it is quickly forgotten, and the scams to be remembered for a long time. So any time for start is difficult. People will remember the old scams, new ones will appear.
veranika55 (OP)
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February 07, 2018, 06:16:11 AM
 #75


The GES token is the only accounting unit that confirms the investor's participation in the GENESIS project. Payments within the project will be made based on the total number of tokens registered for each project participant in their accounts at the time of payment, in the same amount per one token, regardless of the current market value of GES tokens or the rate at the time the GES tokens were purchased.
Is it ERC-20?

The token has standart ERC-20 on Ethereum.
kapa6ac
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February 07, 2018, 06:39:20 AM
 #76

Guys, honestly it's not the best time to start such a campaign, as everybody still remember "super-successful" Atlant and Propy.
I don't agree with you. Why you think that now is not the best time to start such a campaign? I think that now is the best time for any not-scam projects to go initial coin offering. And Genesis goes the right way too. We shouldn't compare this project and atlant ot others.
RobertStan
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February 07, 2018, 07:56:58 AM
 #77

investment in real estate was always a good deal for investers, but they should have a lot of many to do it themselfs. Also they should minimize risks and know where and when make theit investments. Now, when such project as Genesis goes to ICO you can put as  much money as you have and minimize your risk coz of investment analytics of Genesis company. They know better what to do with your money.
Phash2k
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February 07, 2018, 07:59:27 AM
 #78

@OP please change "deutsche topic" to "deutsches Topic" - with an s!

Thank you.

Next to this: interesting project, how exactly are the funds backed? "Only" be Real Estate or with Fiat?

Crypto-Beratung und Hilfe bei allen möglichen Crypto-Projekten oder Problemen! https://phash.de
RobertStan
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February 07, 2018, 01:29:42 PM
 #79

@OP please change "deutsche topic" to "deutsches Topic" - with an s!

Thank you.

Next to this: interesting project, how exactly are the funds backed? "Only" be Real Estate or with Fiat?
Sure they will, can you tell us your idea about the project?
kapa6ac
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February 07, 2018, 01:42:04 PM
 #80

@OP please change "deutsche topic" to "deutsches Topic" - with an s!
Thank you.
Next to this: interesting project, how exactly are the funds backed? "Only" be Real Estate or with Fiat?
Sure they will, can you tell us your idea about the project?
You always ask others but never write your opinion about Genesis?
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