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-123d970ba812Much 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.
That is also not correct Mike! This is not a fund and tokens are not shares.
REAL is a crowdfunding platform that will distribute 90% of net profits to its users.
Tokens are the internal currency that will be used to invest into properties.
Let me know if you have more doubts,
Thanks
Melissa