It is very common nowadays to see a company launches an ICO nowadays. Taking advantage of the popularity of blockchain and cryptocurrency, ICO is deemed as an easier way to raise fund for a project. Due to the profitable nature of cryptocurrency investment, it is not difficult to allure people to participate in an ICO.
Unfortunately, it is a fact that not every ICO is trustworthy. There are plenty of stories where the project is fail or the company runs away with the users’ money. Realty Crypto Investment (RCI) is aware of this phenomenon and this is why this company guarantees that its ICO is trusted by giving real market value to its token. If you want to know more about RCI Company, here are some information about this company and its ICO.
About RCI
RCI Company is a blockchain based realty investment platform. This platform is developed to make realty investment safer and more public friendly. Unlike most tokens out there, RCI token is more valuable because it holds real market value. The fund that is gathered from the ICO will be used to purchase real property. All token holders (the participants of the ICO) will gain profit from the realty investment. The investors will get 60% of the profit while the developers 40%. This share of profit is where the real market value of the token comes from.
How It Works
RCI team will use the money from the ICO to purchase real property. The team consists of experts in realty business so they will be able to choose property that has high potential to deliver high profit. The team will only give options, but the decision regarding which property to buy will lie on the investors.
The profit from the property investment will be shared to the investors every year according to the amount of tokens each investor has. 20 investors that hold the highest amount of token are welcomed to use the properties for leisure. RCI token can also be traded in cryptocurrency exchange platforms. It means, when you purchase RCI token, you are basically investing in two fields—property and cryptocurrency.
Token Details
The token of this platform is called RCI token and it runs on standard ERC-20. The ICO has started on February 22, 2018 and will end on May 20, 2018 or when the closest soft cap is reached. The minimal contribution to participate in this ICO is $100 USD.
· Token Name: RCI
· Token Protocol: ERC-20
· Token Price: USD 0.50
· Total Supply : 100,000,000 RCI
· Available in the ICO : 90,000,000 RCI
· Hard Cap : 90,000,000 RCI (USD 45,000,000)
· Soft Cap : 10,000,000 RCI (USD 5,000,000) / 50,000,000 RCI (USD 25,000,000)
Conclusion
With so many ICOs out there, it is clear that people have to be careful in choosing the most reliable. RCI’s ICO is able to give you some peace of mind since its token has great market value. It is a very important aspect since realty investment is mostly risky. Moreover, thanks to the blockchain technology and RCI’s transparent profit distribution, you don’t have to be afraid to venture into the world of property business.
More detail about RealtyCoin project, please check this out:
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» Whitepaper
» Announcement on Bitcointalk Forum
Author: CryptoSmile
ETH address: 0x0123a524a2d5A69d9E934750951a519dcB552E59