Real estate is a so-called green market that guarantees huge long-term profits on your investment. RealtyCoin is the product of a new company called Inversiones Derezunsky SpA based in Santiago, Chile. Their idea is simple: buy a property at a lower price and then sell it for a higher price, resulting in great profits in the process. 10% of each profit will be distributed equally among all investors.
The company does not buy any property on the market and only deals with certain types of real estate:
The property was ruined
The property is neglected
Forced to sell to the bank
Property is stuck in legal trouble
Properties that require immediate buyers
ISSUES INVEST IN REAL ESTATE
The initial capital needed to invest in real estate is too high and largely beyond the budget.
A new investor may not have knowledge of all legal issues related to real estate.
Getting a loan is difficult, and even if you get it, the interest rate is usually very high.
Even if you have the capital, it's hard to buy a property in a different country if you're not a country that leaves you with a limited selection.
SOLUTION
RealtyCoin creates a decentralized economic system, with no fringes and limitations that allow you to invest from anywhere in the world.
Everyone will have the same voice in the form of votes for which property to sell, rent, rebuild or dismantle. The amount of money you want to invest depends on you, even a small investment will bring you a proportional advantage. No bank is involved in the whole process because all the money is earned from the investors.
ICO
RTC is the token symbol and 1 RTC = 0.00036 ETH. All payments will only be accepted on ETH or BTC.
Pre-sale is conducted from November 17, 2017-17 December 2018 and the minimum purchase is set at 0.5 ET or 1410 RTC.
ICO holds a view on December 17, 2017 and will run until January 31, 2018. The soft cap is $ 500,000 USD. The target volume for token sales is 500,000,000. Exit from this:
200,000,000 will be available for token sales.
75.000.000 is provided for ICO bonus.
150,000,000 booked for the RealtyCoin team.
75,000,000 is reserved for early adopters in pre-sales.
BUSINESS MODELS
It is divided into two parts: acquires the property and sells it.
Property will be obtained with money already obtained from investors through ICO. The property will be sold at a higher price and a yield of 10% will be distributed to investors as dividends. As the process progresses, the RTC price will rise.
The company also aims to make RTC acceptable payment instruments in the real estate market.
REVIEW
Currently, the company only operates in Chile and will move to different areas as it progresses. However, it is a good time to invest in Chilean property, because VAT is charged on new properties in Chile, making older properties more profitable. The company has not analyzed the technological aspects due to lack of relevant documentation. Also, you have to be careful because it can turn into other Ponzi schemes. The real estate market is also very volatile and there is no guarantee of 100% good return. Overall, it's still under development and you have to wait some more time before putting your money into it.
To find relevant details about the current RealtyCoin project please visit the following link:
Website: http://therealtycoin.io/
Twitter: https://twitter.com/realtycoin1
Telegram : https://t.me/therealtycoin_ico
Eth : 0x64947F03e8d6C2dC65e9F4e87cFc651d1fadd82D
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