REALISTO, a Berlin-based decentralized real estate investing marketplace, has officially begun their pre-sale today, and a week later on November 15th will start main public ICO, which will last one month. REALISTO’s blockchain-based platform bridges the gap between real estate experts and investors by giving experts a chance to tokenize projects and crowdfund capital from investors around the world, both casual and professional.
The two-sided marketplace will initially launch with curated Berlin properties selected by REALISTO’s team of local real estate experts. These projects will be tokenized, added to REALISTO’s platform and then crowdfunded, providing both sponsors and investors a platform to foster projects globally. ICO participants can contribute Ethereum (ETH) and Bitcoin (BTC) to acquire REALISTO tokens (REA) to be used in active real estate investments.
Because there is no minimum or maximum investment requirement, investors can choose which projects to participate in and how much to invest. REALISTO was founded in Berlin by two real estate professionals with hundreds of successful real estate transactions in the Berlin market.
REALISTO Co-CEO, Rouven Rosenbaum, explains:
“The inspiration behind REALISTO was to create access to investment opportunities that have so far been fraught with danger and inefficiency for the individual investor. Additionally, it is our goal to provide a stable and reliable platform for real estate experts to capitalize their projects. With REALISTO, you can select what project to invest in, manage your investment on our app, track real-world market value, and then receive proportional returns.”
2018 Product Roadmap Includes Global Expansion and Security
REALISTO ICO funds will be used to implement a transparent and fraud-proof trustee-wallet system that will make misappropriation and misuse of funds impossible. A Data Room will also be provided for investors to view bank protocols and fund activity.
Leonard Zobel, REALISTO Co-Founder, states:
“This secure system will be different than conventional real estate investment funds and other ICOs that offer asset-backed tokens. We will use a rigorous system of checks and balances that guarantee the safety of international investors who take a leap of faith and invest in global projects.”
REALISTO will also be expanding globally with projects ranging from commercial spaces to small residential objects, with a carefully curated portfolio mixed with various project types that cater to different investment goals, yield-to-risk ratios, budgets, and more. All projects will be featured on REALISTO’s mobile application that is built on the Ethereum Blockchain, with full-functionality to search and invest in selected projects.
Founded in 2015, REALISTO is a decentralized, global platform dedicated to crowdfunding the world’s best real estate opportunities. Using blockchain technology, the REALISTO platform allows real estate experts to present unique projects, tokenize them, and offer them as curated investment opportunities. From rental properties to new developments, tokenized investments will be governed by an escrow-backed trust, providing security to high-yield investment projects.
REA: The REALISTO Token
Beyond the presale which began today as mentioned, the uncapped, public ICO of REA tokens will start on November 15, 2017, and end on December 15, 2017 – with an initial discount of 15%. The discount rate will be lowered in increments of 5% percent over the duration of the 30-day sale, with the latest stage of the sale offering no discount. Minimal contribution in the public ICO is set at 0.01 ETH. The proceeds from the ICO will be split via smart contract in the following manner: 90% of the funds will be used to fund the acquisition of assets and 10% will go to the operational fund that covers all operational costs.
PRESALE [30% BONUS] [MIN. CONTRIBUTION 5 ETH OR EQUIVALENT IN BTC] – November 7 [12:00 UTC] – November 14 [12:00 UTC]
REALISTO ICO Schedule (November 7 – December 15) – The pre-sale and ICO dates listed will occur at 12:00 (UTC) and will be open to Ethereum (ETH) and Bitcoin (BTC) contributions:
- ICO WEEK 1 [15% BONUS] – November 15 [12:00 UTC] – November 22 [12:00 UTC]
- ICO WEEK 2 [10% BONUS] – November 22 [12:00 UTC] – November 29 [12:00 UTC]
- ICO WEEK 3 [5% BONUS] – November 29 [12:00 UTC] – December 06 [12:00 UTC]
- ICO WEEK 4 [NO BONUS] – December 06 [12:00 UTC] – December 15 [12:00 UTC]
For more information see the REALISTO white paper.