My second Investment in ICO - REALISTO
Hi everybody this is the Storyteller Entrepreneur and today I continue my story... I made my second investment in an ICO called REALISTO and I wanted to give my thoughts on it and why among all the ICOs to choose from I chose them.
First some Characteristics of the Token:
-Name: REA
-Asset based token with it's value tied to real state investments and platform fees collected from third party uses
-Erc 20 ETH Token
REAL STATE ON THE BLOCKCHAIN
the money raised during the ICO is going to go 50% to create a core pool to get buildings for rental earnings to be distributed among token holders monthly. They will develop a platform where other investors can look to crowdfund their real state investments across the world, token holders can choose which one to support in exchange for a portion of the profits. To list their projects agents will have to pay a fee to REALISTO and 70% of that fee will be payed back to the token holders monthly. Also the REALISTO team will create a portfolio called the opportunity pool for more high risk high yield investments that the token holder can choose to be a part of.
The REALISTO real state investments will be focusing on Berlin, Germany. This is where the team has grown and has been working on for a long time. When it comes to real state, knowing your market can be the definitive factor in how successful the venture is. They have plans on eventually expanding, but for the start is best to focus where you are already getting the results you want.
BUSINESS MODEL
What attracted me to this ICO more than anything is the solid business model. Just for holding the Token you participate in the core pool and get monthly payments of ETH, once the platform is finished you also start collecting some of the fees. Real state has always been a solid investment much less induce to volatility as cryptocurrencies. One of the main problems with Real state investments is the lack of liquidity and the fact that in order to enter you need a substantial amount of money, however blockchain solves both issues. Now if you need to sell your portion in order to get some cash, you can just sell your token, and you can get in for as little as 0.01 ETH.
PERSONAL CONVICTION
What convinced me that going into REALISTO was a good move is the team behind it. Both Rouven and Leonard are extremely active in their communication with their investors and answer personally to most of the questions, specially through Telegram. The community there is among the best I've been a part of in the internet, this truly sets them apart from most of the other ICOs and why I am a big believer in this project.
ICO
The ICO has not gone through their fair share of problems mainly:
-Ethereum congestion with crypto cats
-Problems with facebook ads not showing up
-The rampant bull crypto market that made most people want to buy and hold Bitcoin and Altcoins rather than investing in something new
-The absolute flood of crappy ICOs muddying the waters and taking the spotlight out of this project.
In order to remedy this the team has taken 150.000 REA tokens out of their own pool and offer a 50% bonus on the next buyers until this sum runs out. Some of the early investors find this a bit odd since the new investors will get a better price than the ones who got early... But I don't mind, I really want to see this going well and if more people join then our tokens will be more valuable anyway :)
So that is my overwiev of this project and I am really happy to be a part of it. Did you find it useful? Please tell me what I could do to make the next article better I'm on this for the long run and I want to improve :)
For more information check the REALISTO website: https://realisto.io/
Or give the whitepapaer a read: https://realisto.io/files/papers/Whitepaper/REALISTO_Whitepaper_V1.2_EN.pdf
Note: The logo and budget allocation image where taken from the REALISTO website, other images found in goolge as "available for reuse"
By Tomas Villalonga from https://theartoftomas.com/ - Home of The Storyteller Entrepreneur :D
Thanks and See you on the next one!!!