Post
Topic
Board Tokens (Altcoins)
Re: [ANN] REAL [ICO] Invest in Real Estate, Earn Ether [AUGUST TOKEN SALE]
by
ArtcoinMike
on 11/08/2017, 16:45:36 UTC
Why does this need to be a blockchain project?  Firms like fundrise already do this and have much lower expense ratios...

Why blockchain? transparency, liquidity and global access. Read more on https://medium.com/@real_token/the-need-for-real-123d970ba812

Much lower ? No. Much more expensive. Fundrise charges 1% per year on invested amount plus 2% setup fee. REAL charges 0% per year on invested amount and 0% setup fee.  REAL just takes a comission of profits, ending up way cheaper.


That is really deceptive, you are allocating 20% of the token supply to founders, your fees are irrelevant, the value of the portfolio is diluted by at least 20% - meaning, on the backside, investors are giving away 20% of the value of the portfolio to you, that is much higher than a 1% annual fee.