REAL, a true estate crowdfunding company primarily based in Singapore, declared the launch of its Token Sale, that may permit users to speculate in realty victimization their cryptocurrency.
The Real Estate quality Ledger (REAL) team aims to disrupt the globe of realty by applying blockchain technology to Associate in Nursing trade that's traditionally inefficient and illiquid. REAL uses Ethereum smart-contract governance to supply the simplest system for realty investment.
They aim to eliminate intermediaries, improve transparency and liquidity, lower barriers to entry, and alleviate tax problems related to cross-border transactions. REAL aims to come up with income and price appreciation through worldwide realty investment. By conveyance along property house owners and potential investors, the $64000 platform can cut back friction within the realty investment method.
Any quantity of cash will be contributed towards a true estate property. Anyone will exchange REAL tokens for economic rights to some piece of property (these economic rights area unit cited as realty Participation — RPP). Profits area unit paid back in Ether, and users will even trade/sell rights to those investments (RPPs) on the platform. each an internet site and mobile application are the house to look at and invest in any property created out there by the $64000 team.
It is necessary to notice that the $64000 platform can take a tenth fee of all profits. If a property earns one,000 Ether in income, the $64000 platform can take 100% as commission for locating and hosting the property on their web site.
Token Distribution data
REAL tokens (Real Estate quality Ledger) area unit ERC-20 tokens and can be distributed through a wise contract. The crowdsale address are revealed by the $64000 team. they're going to be distributed inside seven days of the top of the crowdsale.
Pre-Sale amount
The pre-sale can begin on August twenty four, 2017 and last for twenty-four hours. it's solely out there for those trying to contribute over one hundred Ether.
There is a tough cap of one hundred,000 Ether throughout the pre-sale amount.
Crowdsale amount
August 14, 2017 at seven p.m. (UTC) through August thirty one, 2017 at seven p.m. (UTC).
If the soft cap of two hundred,000 Ether is reached, the crowdsale can shut inside thirty six hours of the soft cap being reached. there's a tough cap of four hundred,000 Ether and a complete token provide of one hundred,000,000 REAL across the presale and crowdsale.
Team:
The current team has endowed $350,000 into this project to this point. all at once, the team have sold varied startups.
Enrique Dubois, Co-Founder & CEO
Serial enterpriser and Business Angel with over fifteen years of expertise. He has based and sold for profit multiple on-line corporations. He additionally co-founded a development company and a web log network. he's Associate in Nursing consultant and choose for many estate-run startup programs like Startup Chile and Startup South American nation.
Bernardo Hernández, Co-Founder & Director
Bernardo may be a serial enterpriser and plunger. He cofounded Idealista and has command senior promoting and products positions at Google. In could 2013, he joined Yahoo because the Head of Flickr, that he ran till could 2015. In could 2011, he was appointed to the Jury of the patrician of Asturias Awards for Science and Technology. He includes a master’s degree in finance from Boston school and holds the chartered securities analyst (CFA) designation.