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
So, the dividends from cashflows will be distributed to token holders proportional to the number of REAL they own and invest in properties?