What is REAL Coin?
introduction
The REAL Coin (Real Estate Asset Ledger ) tries to bring Blockchain technology into the real estate world. Historically, investing in land and property is the best way to secure wealth. However, the REAL Coin warns that land investments are only sub-optimal for reasons of low efficiency and lack of liquidity. The Coin wants to build a bridge between real estate investment and liquidity. REAL Coin is a Coin based on the Ethereum Smart Contracts and tries to do without unnecessary intermediaries. In addition, an investment in the real estate blockchain promises Transparency and liquidity as well as simple, cross-border transactions, which are handled via the uniform “Crowd Funding Platform”.
The REAL founders are in the Real Estate Asset Ledger Pie. Ltd. organized. The company is located in Southeast Asian Singapore. All tokens sold by the company serve to realize real estate projects. With the acquisition of the token, no further rights are granted to the buyers. So the coins are not treated like shares.
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How was the REAL Coin introduced?
Since REAL about Smart Contacts of Ethereums organized, interested participants of the REAL block chain were asked ether to send to a predetermined address. With this process 220 220 REAL were created for each ETH. The founders had set a so-called soft-cap and a hard-cap at the start of the currency. The soft-cap was set at 100,000 ethers, the hard-cap at 200,000 ethers. The latter should only be considered if the soft-cap was sold out within the first six hours. The background to this is that real-estate is capital-intensive and the money can not be “collected” over a long period of time. The company behind the REAL therefore wanted to establish a crowdfunding push fund in a short space of time. Currently there are 10,055,817 REAL in circulation. The total amount of tokens is given as 19,717,288 REAL. This means that interested buyers have invested nearly 90,000 ethers in the Real Estate Blockchain and the REAL itself.
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REAL Coin – Data and Facts
The value of a REAL is currently $ 4,410,383. The coin has a market capitalization of $ 4,125,735 and will convert $ 15,365 in 24 hours. In the international coin ranking, the REAL ranked 369th In the token distribution, the following distribution of coins is determined. 51% of the coins were distributed via crowdsale. 29% of all coins went into reserve and 20% of all tokens were secured by the team of founders Enrique Dubois and Bernardo Hernández. The capital resulting from the sale of the REAL-Coins should be distributed according to the following key. 55% is to get the core team, in order to carry on developments further. 15% will be used in business development to find new partnerships generate new customers and open up new sources of income. Another 15% goes to the marketing of the coin. Here, it is important to attract attention in the real estate sector. In addition, investors must be attractively addressed, otherwise nobody would buy the REAL. 10% of the sales amount is reserved for unforeseen costs. The remaining 5% is used by the team behind the REAL to create a flawless legal framework. In addition, a small part of it goes into administration and accounting. The remaining 5% is used by the team behind the REAL to create a flawless legal framework. In addition, a small part of it goes into administration and accounting. The remaining 5% is used by the team behind the REAL to create a flawless legal framework. In addition, a small part of it goes into administration and accounting.
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