Post
Topic
Board Tokens (Altcoins)
Re: [ANN] REAL [ICO] Invest in Real Estate, Earn Ether [AUGUST TOKEN SALE]
by
BonTonPlease
on 20/10/2017, 19:17:56 UTC
Where are we currently at in terms of raised amount of money?

The ICO raised just over 37k ETH, which would be around $11 million.

Wow, that is a huge bag of money. Excited about what you are going to pull off with it!
Yeah but you do realize that only 51% will go towards the project. They will only buy property with 51% of the money and keep the rest.

To be honest I am not fully aware of that. They simply keep the rest? I mean, they use it for operational costs and stuff. They need to finance the operations apart from buying property itself.