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Author Topic: [ANN][ICO] GENESIS - Investment in Real Estate  (Read 27502 times)
veranika55 (OP)
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February 09, 2018, 10:35:42 AM
 #101

Your webiste says that We (Genesis team) are well aware about all disadvantages of traditional investments in real estate properties. These are high risks, lack of any guarantees and high price of entry. Understanding this, we strive not to just offer our services, but to make the process of investment comfortable and secure. Today we create the new image of market. With us, investments in real estate become really fast, reliable and safe.
What do you mean the new image of market?

They  introduce new technologies into the real sector of the economy. Erase borders for investors between States and countries. Many countries restrict the access to the real estate market to foreign investors, and thanks tokens you can invest in real estate in different countries because tokens will be secured with real estate.
PinoyD
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February 09, 2018, 11:23:10 AM
 #102

Your webiste says that We (Genesis team) are well aware about all disadvantages of traditional investments in real estate properties. These are high risks, lack of any guarantees and high price of entry. Understanding this, we strive not to just offer our services, but to make the process of investment comfortable and secure. Today we create the new image of market. With us, investments in real estate become really fast, reliable and safe.
What do you mean the new image of market?

They  introduce new technologies into the real sector of the economy. Erase borders for investors between States and countries. Many countries restrict the access to the real estate market to foreign investors, and thanks tokens you can invest in real estate in different countries because tokens will be secured with real estate.
Thanks, now I've got it. And what about competitors on the real estate market? Are they going the same way?
veranika55 (OP)
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February 09, 2018, 12:31:00 PM
 #103

Your webiste says that We (Genesis team) are well aware about all disadvantages of traditional investments in real estate properties. These are high risks, lack of any guarantees and high price of entry. Understanding this, we strive not to just offer our services, but to make the process of investment comfortable and secure. Today we create the new image of market. With us, investments in real estate become really fast, reliable and safe.
What do you mean the new image of market?

They  introduce new technologies into the real sector of the economy. Erase borders for investors between States and countries. Many countries restrict the access to the real estate market to foreign investors, and thanks tokens you can invest in real estate in different countries because tokens will be secured with real estate.
Thanks, now I've got it. And what about competitors on the real estate market? Are they going the same way?

There is competition in any sphere. They have several offices in Europe and will purchase real estate with renters, where it will be possible to calculate the possible profit and reduce risks and has developed its own business practices.
veranika55 (OP)
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February 09, 2018, 05:15:07 PM
 #104

On the website today was published the company's registration documents. This are printout of effective data from commercial register and the provision of procedure and the terms of repurchase the tokens of Genesis
ClickAuto
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February 09, 2018, 05:48:53 PM
 #105

On the website today was published the company's registration documents. This are printout of effective data from commercial register and the provision of procedure and the terms of repurchase the tokens of Genesis

It is very good that an official documents appear.
germsite
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February 09, 2018, 10:16:52 PM
 #106

Wow, something new! Does anyone know the details about the project?

The aim of the project is to purchase the commercial real estate in order to rent it out and make a profit.

I am always wondering how decentralized management of real estate could efficiently work. There are so many things to consider. Will there be managers in every city who can have a look at the property?

They have representatives in several regions and initially they will find the property in those areas. They have teams experience in property management in different regions. They will by a big buildings and each of them will have its own service manual.

That means they will have to build a massive network of real estate managers around the globe? Might be quite a difficult task.
kapa6ac
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February 10, 2018, 04:50:39 AM
 #107

Every real estate transaction goes through the multiple listing service (MLS), which tracks what agents represent which clients, contracts, listing agreements, appraisals and more. However, the MLS is notoriously fragmented. The information is decentralized and restricted, making access difficult for people who are not real estate professionals. It’s often out-of-date as well, which hampers an agent’s ability to make comparisons and spot trends.
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February 10, 2018, 05:26:20 AM
 #108

Genesis can transfer its platform to any country, coz actually real estate  investment is going the same way all over the world. There were post in Forbes magazine about blockchain future of real estate market. It said about three ways  blockchain could transform real estate in 2018.
RobertStan
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February 10, 2018, 06:11:04 AM
 #109

What do you think about the future of investment market? Will it totally go on blockchain? How many competitors will be? Should they use their own platforms or there will be some multiplatforms or agregators? How do you think?
akirasun
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February 10, 2018, 06:15:05 AM
 #110

What's technology behind this project, Is it an ERC Token?
veranika55 (OP)
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February 10, 2018, 10:36:14 AM
 #111

Wow, something new! Does anyone know the details about the project?

The aim of the project is to purchase the commercial real estate in order to rent it out and make a profit.

I am always wondering how decentralized management of real estate could efficiently work. There are so many things to consider. Will there be managers in every city who can have a look at the property?

They have representatives in several regions and initially they will find the property in those areas. They have teams experience in property management in different regions. They will by a big buildings and each of them will have its own service manual.

That means they will have to build a massive network of real estate managers around the globe? Might be quite a difficult task.

Any business is a difficult task. They have the team with experience almost all over Europe.  And this team is able to solve all the problems!
veranika55 (OP)
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February 10, 2018, 10:37:43 AM
 #112

What's technology behind this project, Is it an ERC Token?

Yes they use ERC-20 token on Ethereum.
veranika55 (OP)
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February 10, 2018, 11:04:22 AM
 #113

What do you think about the future of investment market? Will it totally go on blockchain? How many competitors will be? Should they use their own platforms or there will be some multiplatforms or agregators? How do you think?

The team of Genesis believe that the blockchain is a perfect instrument for the protection and storage of information. With the appear of regulation in this area, more and more major players will use blockchain and cryptocurrency. Mostly, everyone will use their platforms, but the idea of combining them into a common pool was studied by Genesis, but it is too early to talk about it.
ClickAuto
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February 10, 2018, 05:17:44 PM
 #114

It is clear that the people work and do something to improve the projects. Soon we will see the documents of the company on the site. It is only start of the project. A lot of work ahead.
Sure, but i think the biggest part is already done. They know what to do, and methods how to do.

I thing a lot of work aheard. But I agree that a lot of work have already done. There are 43 days to ICO. They have a lot of time to do everyting necessary before the ICO.
germsite
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February 10, 2018, 06:04:17 PM
 #115

Wow, something new! Does anyone know the details about the project?

The aim of the project is to purchase the commercial real estate in order to rent it out and make a profit.

I am always wondering how decentralized management of real estate could efficiently work. There are so many things to consider. Will there be managers in every city who can have a look at the property?

They have representatives in several regions and initially they will find the property in those areas. They have teams experience in property management in different regions. They will by a big buildings and each of them will have its own service manual.

That means they will have to build a massive network of real estate managers around the globe? Might be quite a difficult task.

Any business is a difficult task. They have the team with experience almost all over Europe.  And this team is able to solve all the problems!

I guess this remains to be seen, doesn't it? Wink How can you be sure they are able to solve the problems no matter what? Ever saw them doing it before? And also it will be interesting to see whether they are actually solving a problem or not. Sometimes the application of blockchain might cause more trouble than it actually solves problems. I am curious to see how this all works out.
veranika55 (OP)
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February 10, 2018, 07:09:10 PM
 #116

Wow, something new! Does anyone know the details about the project?

The aim of the project is to purchase the commercial real estate in order to rent it out and make a profit.

I am always wondering how decentralized management of real estate could efficiently work. There are so many things to consider. Will there be managers in every city who can have a look at the property?

They have representatives in several regions and initially they will find the property in those areas. They have teams experience in property management in different regions. They will by a big buildings and each of them will have its own service manual.

That means they will have to build a massive network of real estate managers around the globe? Might be quite a difficult task.

Any business is a difficult task. They have the team with experience almost all over Europe.  And this team is able to solve all the problems!

I guess this remains to be seen, doesn't it? Wink How can you be sure they are able to solve the problems no matter what? Ever saw them doing it before? And also it will be interesting to see whether they are actually solving a problem or not. Sometimes the application of blockchain might cause more trouble than it actually solves problems. I am curious to see how this all works out.

What it will be from this project only time will show. And now you can only study the site and read whitepapers and analyze how promising this project  can be.
PinoyD
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February 11, 2018, 12:07:48 PM
 #117

The EU has 24 official languages, of which three (English, French and German) have the higher status of "procedural" languages. So i have a question, where is your French board here and on the website? Or France is only future region for Genesis ?
RobertStan
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February 11, 2018, 12:57:44 PM
 #118

The EU has 24 official languages, of which three (English, French and German) have the higher status of "procedural" languages. So i have a question, where is your French board here and on the website? Or France is only future region for Genesis ?
Dude, I'm sure they know what to do. If they still don't have some languages it's ok. Project is new and have a lot of work, if they need another translations they will make it fast.
joncoinsnow
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February 11, 2018, 01:03:54 PM
 #119

we have a lot of real estate blockchain tech out. what are your advantages with them?

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Sterben
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February 11, 2018, 01:22:17 PM
 #120

What's more special about your project among the rest Real Estate projects (Propy, REAL etc.) Where is the innovation and what you can do better than them?
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