REAL (http://www.real.markets) is a existent estate crowdfunding company, announced the launch of its Token Sale, that volition let users to invest inwards existent estate using their cryptocurrency.
[Note: This is a press release.]
The Real Estate Asset Ledger (REAL) squad aims to disrupt the basis of real estate past times applying blockchain technology scientific discipline to an manufacture that is historically inefficient as well as illiquid. REAL uses Ethereum smart-contract governance to provide the best ecosystem for existent estate investment.
They aim to eliminate intermediaries, amend transparency as well as liquidity, lower barriers to entry, as well as alleviate taxation issues associated amongst cross-border transactions. REAL aims to generate rental income as well as value appreciation through worldwide existent estate investment. By bringing together belongings owners as well as potential investors, the REAL platform volition trim down friction inwards the existent estate investment process.
Any amount of money tin dismiss last contributed towards a existent estate property. Anyone tin dismiss central REAL tokens for economical rights to to a greater extent than or less slice of belongings (these economical rights are referred to equally REAL Property Participation — RPP). Profits are paid dorsum inwards Ether, as well as users tin dismiss fifty-fifty trade/sell rights to those investments (RPPs) on the platform. Both a website as well as mobile application volition last the habitation to persuasion as well as invest inwards whatever belongings made available past times the REAL team.
It is of import to banknote that the REAL platform volition accept a 10% fee of all profits. If a belongings earns 1,000 Ether inwards rental income, the REAL platform volition accept 10% equally committee for finding as well as hosting the belongings on their website.
Token Distribution Information
REAL tokens (Real Estate Asset Ledger) are ERC-20 tokens as well as volition last distributed through a smart contract. The crowdsale address volition last published past times the REAL team. They volition last distributed inside vii days of the terminate of the crowdsale.
Pre-Sale Period
The pre-sale volition commence on August 24, 2017 as well as concluding for 24 hours. It is entirely available for those looking to contribute to a greater extent than than 100 Ether.
There is a difficult cap of 100,000 Ether during the pre-sale period.
Crowdsale Period
August 31, 2017, at 7 p.m. (UTC) through August 14, 2017, at 7 p.m. (UTC).
If the soft cap of 200,000 Ether is reached, the crowdsale volition closed inside 36 hours of the soft cap existence reached. There is a difficult cap of 400,000 Ether as well as a full token render of 100,000,000 REAL across the presale as well as crowdsale.
Team
The electrical flow squad has invested $350,000 into this projection hence far. Altogether, the squad has sold diverse start-ups.
Enrique Dubois, Co-Founder & CEO
Serial entrepreneur as well as Business Angel amongst over fifteen years of experience. He has founded as well as sold for turn a profit multiple online companies. He likewise co-founded a evolution companionship as well as a spider web log network. He is an advisor as well as gauge for several estate-run startup programs similar Startup Republic of Chile as well as Startup Peru.
Bernardo Hernández, Co-Founder & Director
Bernardo is a series entrepreneur as well as venture capitalist. He co-founded Idealista as well as has held senior marketing as well as production positions at Google. In May 2013, he joined Yahoo equally the Head of Flickr, which he ran until May 2015. In May 2011, he was appointed to the Jury of the Prince of Asturias Awards for Science as well as Technology. He has a master's grade inwards finance from Boston College as well as holds the Chartered Financial Analyst (CFA) designation.
Images courtesy of REAL
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