Quote from: casey.anthony195 on August 31, 2017, 09:01:15 PM

Quote from: CryptoPR on August 31, 2017, 08:26:18 PM

Quote from: nmrcngrb on August 31, 2017, 08:07:52 AM

I have read this through from page 20 to the end and have noticed that quite a few questions about the project are not answered.
I wonder why devs don't give the effort to answer them?
To make it easier for them I have sum them here:

You didn't go back far enough. Skim from pages 5/6 forward. You will find more about why this 'company' barely answers the real questions

Could you show some of those unanswered earlier questions? Or are you just here to spam, as usual?

I just posted the ones from page 20 on, on top of previous page.
But anyway, here they are again:

Quote from: nmrcngrb on August 24, 2017, 07:59:51 AM

Quote from: 101REcoin on August 23, 2017, 12:10:54 PM

Quote from: nmrcngrb on August 23, 2017, 07:26:28 AM

I really like coins with real assets for backing.

What I don't understand is how can you guarantee a liquidity ratio of 70% of the currency's market value?
The value of the currency on the market can explode anytime and goes up 50% in a day or more. In a one day time you will not be able to purchase new real estates to back up the market value of the coin. Especially since you did not get new money if currency only changes hands on exchange and rises price.
Can you please explain this since I'm probably not getting it correctly?
Thanks

BTW: links for White Paper and Technical White Paper does not work in the announcement post

Thank you for the really important and urgent question.

First of all, the links are fixed. The site was recently changed and we didn't notice. Sorry for troubles and thank you for information.

Back to your question: from the purely mathematical point of view the things are pretty much like you described, but let's modulate the situation first. The guarantee should only be considered as the "safety parachute", in case the price of tokens drops drastically, or disadvantageous pricing continues for too long. But there are more things that we should take into consideration before making any prognoses.

1. The total token volume value and real estate pool value
2. The connection in price between tokens and real estate works only for tokens, not otherwise, so, in any case, the price of real estate will not be affected
3. It comes from the previous one. Iven if the token market drops drastically, the real estate market won't be affected, which will allow us to have funds needed to cover the required volumes.
4. The last, and probably main argument: to bring you scheme into the reality you will require coordinated actions of holders of critical mass of REcoin tokens, which is very unlikely (almost impossible)

Hope it was helpful, we're waiting for your reply.

Thank you for detailed explanation.
It is clear that it needs a coordinated actions of holders or maybe one investor with sufficient ammout of tokens. What would be done in such a scenario when let's say an investor with sufficient number of tokens wants to claim this? Would you sell the real estate and give him the fiat or can he take the ownership of the real estate? How will you transparently value real estates?

I really like the projects that have some real value behind, but before investing I always have to have a clear picture of the complete story, although I know my questions are not so important at this point in time, since there is a low probability of situations like that. But having a clear picture of this procedures makes coins backed with real assets so special.

Quote from: HEROinME on August 29, 2017, 06:11:05 AM

hi all,
i have seen this ico launch on another forum and i asked a few question which i don't think its clearly addressed.

REcoin is supposedly 100% backed by real-estate less of cost, etc. and they are 100% compliance with US laws and regulation which i found it puzzling.

By virtual of backing the coin with real estate constitute this coin as a securities (howey test) and as such this coin would be regulated by SEC and offering to US citizen and some other countries such as Singapore would strictly be disallowed.

Exchanges that are registered in US would be extremely hesitant to onboard the altcoins for trading becoz exchanges need to be regulated to facilitate trading of securities which is coin is obviously positioned to be.

I am very surprised with their "result" thus far, $1,000,000 collected? that's amazing for them!!

Maybe the team could clarify further how they would like to address the regulatory side of the business? I like the idea but not the implementation and hopefully we get some clarity.....

Quote from: QuadraQ on August 29, 2017, 07:13:50 AM

Interesting idea, but I'm skeptical. How are you going to actually guarantee there's a real world link between the tokens and the real estate? Who determines what real estate to purchase? What's done with the real estate to provide value to token holders?

Quote from: HEROinME on August 29, 2017, 08:34:32 AM

Quote from: 101REcoin on August 29, 2017, 08:21:53 AM

Quote from: casey.anthony195 on August 28, 2017, 08:09:17 PM

Quote from: liliiaolivia2017 on August 28, 2017, 05:36:33 PM

REcoin is a new cryptocurrency alternative designed to accommodate a wide range of financial transactions and investment goals. Its security is ensured through the use of one of the soundest and most reliable currency backings there is real estate.

I've heard that Recoin is backed up not only by American real estate. Is it true? Maybe there is some list of cities/objects?

Real estate backs REcoin in countries with a developed and stable economies such as the United States, Canada, the U.K., Japan and Switzerland.

could someone from REcoin explain how you are working around SEC rules? how they stand up against Howey test?

Quote from: finles_ceo on August 30, 2017, 10:10:38 PM

What's the difference between your project and REAL?