Atlant was able to accumulate 3.5 million dollars despite the fact that it is a project that is very much heard. 10 million dollars is not much in this market. for this reason it can be considered successful.
ya in my country some house is worth than 10 million . hope when reach softcap they still can do well then price maybe x10 when people realize they miss a good project.
That is relative as in my country for 10 million dollars you can buy 20+ really top houses or like 100 mid tier ones.
it also depends on the location you want to buy in. if you buy in locations with high tourism , like Real wants to do, then the price will sky rocket.
And it's not like they are 'only' have these 10 million dollars available. I think they plan to finance the property with a bank loan (50% of the value if I remember correctly). I am sure they'll pick some very interesting real estates properties for the amount they already got. And the ICO is still running!
team have the back of a huge experience in the field of construction and real estate,
in addition if I right understood whitepaper they hey will also use the money not only from ICO
Glad to hear about that, hopefully they will buy from somewhere where the tourism is rising and not slowly declining.