Can I get some info on what forces will affect the price of REAL tokens?
I assume the strongest force will be perceived value and speculation?
Also expected return on investment?
Will some REAL tokens be more expensive, simply because they are bringing more profit due to being invested in better properties?
Basically if I were to spend 100ETH on Real, then apart from the dividents being paid can I expect the tokens to go up in value? And why?
Cheers
Hi CYPER! Main force behind value grow will be users demand. As the site becomes successful and more users enjoy its profits there will be a demand of more REAL tokens and price will go up.
Real estate valuations are based on incomes and have much lower yield expectations than what you are inferring the cryptomarket will do to your token. You also did not address the 10% you will take off the top of net income for your leadership team (vs a REIT that takes 1%)
So you are targeting crypto speculation as the main value driver for buyers, not the asset itself, so once again, why wouldn't someone buy tokens, conflate it with real estate, with the hopes that maybe your team will choose good investments, even though you don't specialize in the markets which you are vetting, and maybe the cryptomarket will go up as a whole, and maybe your token scarcity will have an impact. Seems like folks should just buy Ether and invest in real estate separately, there is no reason this should be a blockchain project besides perhaps REAL trying to capitalize on ICOs in general rather than building a real security with all the legal frameworks, investment prospectuses and comparable / much more affordable expense ratios. Smart contracts for income distribution are great but they do not in any way stop any manipulation that can take place between the tenants payments and the funds getting to the smart contract - ie, your smart contracts don't perform rent collection etc...