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Author Topic: [ANN][ICO] GENESIS - Investment in Real Estate  (Read 27500 times)
Todaytech
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May 16, 2018, 06:48:48 PM
 #1401

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The project reached its Soft Cap in the first few days after launch, and to date 3,281,697.04 tokens have already been sold. This means that GENESIS is advancing according to plan. However, the fund’s experts are now recommending the purchase of a large building, information on which will become available on the website soon. The price of the site exceeds the amount that has been collected through investments thus far. But the amount of revenue that would come from that building is also larger.

Is the project risking so much that it wants to invest money in one facility? Or will there be small investments in cheaper facilities?
Aleksandra 81
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May 17, 2018, 06:24:34 AM
 #1402

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The project reached its Soft Cap in the first few days after launch, and to date 3,281,697.04 tokens have already been sold. This means that GENESIS is advancing according to plan. However, the fund’s experts are now recommending the purchase of a large building, information on which will become available on the website soon. The price of the site exceeds the amount that has been collected through investments thus far. But the amount of revenue that would come from that building is also larger.

Is the project risking so much that it wants to invest money in one facility? Or will there be small investments in cheaper facilities?

I certainly wish the project good luck. But if suddenly the required amount of money from the project can not be collected then the team will refuse to purchase this large building?
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May 17, 2018, 07:51:56 AM
 #1403

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The project reached its Soft Cap in the first few days after launch, and to date 3,281,697.04 tokens have already been sold. This means that GENESIS is advancing according to plan. However, the fund’s experts are now recommending the purchase of a large building, information on which will become available on the website soon. The price of the site exceeds the amount that has been collected through investments thus far. But the amount of revenue that would come from that building is also larger.

Is the project risking so much that it wants to invest money in one facility? Or will there be small investments in cheaper facilities?

I certainly wish the project good luck. But if suddenly the required amount of money from the project can not be collected then the team will refuse to purchase this large building?

Partly u're right. On website u can find milestone - so if project will raise not 10mln, but 5mln - they would purchase building for 5mln (for example)
berlinboy
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May 17, 2018, 08:04:01 AM
 #1404



Partly u're right. On website u can find milestone - so if project will raise not 10mln, but 5mln - they would purchase building for 5mln (for example)

Correctly. How much will the project collect so much and will invest money in the purchase.
veranika55 (OP)
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May 17, 2018, 11:43:00 AM
 #1405

GENESIS looks promising and I'm sure have many investors are investing here, if this project has a lot of support it then will be successful and run smoothly in the future. it looks like GENESIS is not yet listed on the market and when will it be planned?

The project will become especially popular if it really works as an investment fund.

And where do you get such information that the project will work as an investment fund?

As far as I understand, the investment fund invests money in different spheres of business. And this project only deals with real estate! Or am I something I do not know?

Yes the main aim of the project is investment in real estate, but it will have many other servicies.

And all these services, as I understand it, will be connected with the real estate market?

Not always. They must be connected with profit
veranika55 (OP)
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May 17, 2018, 11:44:37 AM
 #1406

GENESIS is an international real estate fund and a multifunctional operating platform built on the basis of blockchain and digital technology. Can it be used for day-to-day use?


What do you have in mind? Can you invest in a project every day?

The platform will have many different servicies, for example internal exchanger, booking the hotels, renting houses and commercial real estate, loans.

Such an assortment changes the matter. In this case, the company will always have a profit.

In hotels, you can book rooms in any countries of the world or only in European countries?

Anywhere in the world.
veranika55 (OP)
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May 17, 2018, 11:46:16 AM
 #1407


Genesis suggests a lot of different servicies besides buying and renting real estate.

Where can I find the full list of these services?

The full list will increase from the development of Genesis.
veranika55 (OP)
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May 17, 2018, 11:48:32 AM
 #1408

In the ecosystem of GENESIS NES will be used for:
The discounts on all the services of platform
The special conditions for crediting the cryptocurrency
The payment for advertising placement (NES tokens will allow buying the advertising placements within the ecosystem and on the partner’s services)

The privileges and ability to pay for services in new services

After the usage, NES tokens will be burned.

I do not quite understand after what use these tokens will be burned?

After the uses. After you pay for the servicies. It will be one time use. Pay for the service and tokens burns.
veranika55 (OP)
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May 17, 2018, 11:49:16 AM
 #1409

In the ecosystem of GENESIS NES will be used for:
The discounts on all the services of platform
The special conditions for crediting the cryptocurrency
The payment for advertising placement (NES tokens will allow buying the advertising placements within the ecosystem and on the partner’s services)

The privileges and ability to pay for services in new services

After the usage, NES tokens will be burned.
I mean, if I have tokens, can I order an advertisement on this platform?

Yes you are right
veranika55 (OP)
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May 17, 2018, 11:50:10 AM
 #1410

In the ecosystem of GENESIS NES will be used for:
The discounts on all the services of platform
The special conditions for crediting the cryptocurrency
The payment for advertising placement (NES tokens will allow buying the advertising placements within the ecosystem and on the partner’s services)

The privileges and ability to pay for services in new services

After the usage, NES tokens will be burned.
I mean, if I have tokens, can I order an advertisement on this platform?

And where will this advertisement be placed? only on the platform or on commercial real estate too?)

On the platform.
veranika55 (OP)
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May 17, 2018, 11:51:22 AM
 #1411

Will the owners of tokens receive a discount on advertising?

Yes the ownes of the tokens will have a priveliges.
veranika55 (OP)
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May 17, 2018, 11:52:47 AM
 #1412

the idea is very good, and everything is written very well and clearly on your website, but here for me there is a big minus, this is your planned fundraising, you really want to attract a lot of money, in my opinion, it is impossible

How much money has been collected?


SOLD TOKEN GES:3,285,576.58
SOFT CAP:3 000 000 EUR
veranika55 (OP)
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May 17, 2018, 11:54:32 AM
 #1413

Does your token carry any functional load for your system or is it purely symbolic?

There are 2 types of token GES. You can receive a dividends of GES and NES you can pay for the servicies by NES.
veranika55 (OP)
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May 17, 2018, 11:56:18 AM
 #1414

Regular reporting to investors and regular internal audit are obligatory conditions for the proper operation of GENESIS. In addition, before including the real estate into the company's investment pools, every property is estimated by an independent organization. Our current choice for audit and rating is one of the largest European companies with a high trust rating.

How often will the company report to its investors?

Every quter and about all the main ivents. All information will be on site and in personal cabinet of investor.
veranika55 (OP)
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May 17, 2018, 11:58:32 AM
 #1415


In hotels, you can book rooms in any countries of the world or only in European countries?

Can we get an answer to this question? After all, this could bring a lot of money to the project. That's just a list of countries need to be announced.

I have already answered to this question.
veranika55 (OP)
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May 17, 2018, 11:59:57 AM
 #1416

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The project reached its Soft Cap in the first few days after launch, and to date 3,281,697.04 tokens have already been sold. This means that GENESIS is advancing according to plan. However, the fund’s experts are now recommending the purchase of a large building, information on which will become available on the website soon. The price of the site exceeds the amount that has been collected through investments thus far. But the amount of revenue that would come from that building is also larger.

Is the project risking so much that it wants to invest money in one facility? Or will there be small investments in cheaper facilities?

Soon you will get more information about real estate object that Genesis want to buy.
oficman
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May 17, 2018, 12:25:24 PM
 #1417

In the ecosystem of GENESIS NES will be used for:
The discounts on all the services of platform
The special conditions for crediting the cryptocurrency
The payment for advertising placement (NES tokens will allow buying the advertising placements within the ecosystem and on the partner’s services)

The privileges and ability to pay for services in new services

After the usage, NES tokens will be burned.

I do not quite understand after what use these tokens will be burned?

After the uses. After you pay for the servicies. It will be one time use. Pay for the service and tokens burns.
It will burn those tokens that are accrued to investors automatically?
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May 17, 2018, 01:27:13 PM
 #1418

It seems the ico project was extended to next month, expect the best hopefully all goes well and achieve more satisfactory results.
It looks like it's true what you say, this could certainly further improve sales results.
Hopefully there will be a potential investor who buys all the token until exhausted.

And many small investors do not mind buying the project's tokens. Not everyone got acquainted with the topic from the very beginning.

That is right, we had not that big community in April e.g., but now it is rapidly increasing. That's one of the reasons why we have extended the token sale.
Todaytech
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May 17, 2018, 06:17:28 PM
 #1419

GENESIS is an international real estate fund and a multifunctional operating platform built on the basis of blockchain and digital technology. Can it be used for day-to-day use?


What do you have in mind? Can you invest in a project every day?

The platform will have many different servicies, for example internal exchanger, booking the hotels, renting houses and commercial real estate, loans.

Such an assortment changes the matter. In this case, the company will always have a profit.

In hotels, you can book rooms in any countries of the world or only in European countries?

Anywhere in the world.

Excellent. Then customers from different countries of the world will be able to bring profit to the project.
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May 17, 2018, 06:45:27 PM
 #1420



That is what you should believe but some people seem to not care about their money at all and just throw it at any ICO they find.

With the advent of ICO, investors did the same. But now the people are wiser. So the investment situation has changed.

Those who are in it for some time are wiser, but every day new users are coming trying to find the next Bitcoin.

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