Symbol – REAL
Whitepaper – Link
When – Ongoing
How to Participate – ETH will be accepted in the sale.
Soft Cap – 100’000 ETH
Hard Cap – 200’000 ETH
Total Max Market Cap At ICO – ~140 Million USD
Exchange Rate: Scaling:
Note: At current tier with 20% bonus the rate is 220 REAL per ETH
Total Tokens in Circulation At ICO – Variable
Real Markets is a crowd-based property investment platform, aimed at users with lower amounts of investing power who are looking to enter the real estate markets. Real Estate is one of the biggest sectors of today’s financial world, and sadly, the high barrier to entry means that people with smaller amounts of cash simply aren’t able to enter this high-earning market. Real allows people to combine their liquid finances together to make high-value purchases of properties, allowing everyone who invested in the property a dividend stake of the ROE.
Real Markets is an interesting solution to the problem of low-liquidity individuals looking to enter the Real-Estate space, and while it certainly isn’t the first of its kind to offer this kind of service (examples include Realty Mogul and Crowdstreet), it is a pioneer to do so in the blockchain space – the additional incentives of the REAL token create a promising venture into the market and auspicious estimates on returns.
Bernardo Hernández is one of the leading Real Estate players in Spain, having founded such massive projects as Idealista.com. He has done work as a general manager for Flickr, as well as worked for 7 years in Senior Product Management for Google. His vision and position in the Real team will be a key piece in networking connections and managing the business.
A Stanford University Graduate, Arnau Porto has been involved with many financial companies and prestigious organizations, including such names as JP Morgan, The Blackstone Group, and Viking Global Investors. Arnau will add a level of experience and professionalism to the advisory team of Real that will be sure to propel the team to success.
As pointed out by Cryptobeak in his review of Real Markets, one of the largest advantages of this project will be the natural self-capping of tokens that will happen due to the way the platform works. If you’d like to invest in real estate, you need to offer up some REAL in order to do so, and as more and more investment rounds take place for properties, the liquid REAL that is available to the market will lower over time. What this means is that there will be less REAL for sale and more invested in other projects – causing thin order books on the sell side and fuel for upwards mobility.
Another thing to keep in mind are their current ICO numbers – while their hard and soft caps are relatively large compared to the field of other projects, the way they set it up means you’re giving up a very small amount of extra bonus REAL in order to get a better idea of the total market cap around the end of the ICO. As of now, about 10 million dollars have been invested into REAL, making it an extremely lucrative lowcap ICO – naturally, this will change as this sale is ongoing, but it is important to keep in mind the numbers.
In the blockchain space, hype is easily one of the biggest factors when it comes to a projects short term desirability and long term expected value. Many great projects have come and gone who have simply not had the hype necessary to fuel themselves to greater heights, and this is one of the biggest problems that Real will have to face. With a solid business concept, a working MVP, and a strong team, Real has all the pieces in place to make a good blockchain project -however, without that hype factor, return on investments for Real will be muted and likely stagnant.
A marketing campaign will aid greatly in this effort, and while they have partitioned out ~7% of their share of the crowdfund money for marketing, it remains to be seen whether they can truly drive hype for this kind of concept.
Real Markets is an extremely simple concept, but this simplicity is likely its biggest strength and why I can see this succeeding. It has a clear value proposition, backed by a crypto-asset with real utility attached to it, and fills a niche that as of yet has been underleveraged in the real world. Real is simply a solid project that will make its investors money in both the short and long term. A definite buy.