Post
Topic
Board Announcements (Altcoins)
Re: [ANN ICO+Bounty] [REA] REALISTO - Real Estate Investing For Everyone, Everywhere
by
panorama
on 22/11/2017, 17:11:35 UTC

But they will still have limited resources that an unlimited ICO can't easily solve. They couldn't acquire 6 million worth of real

Quote
I think then you do had a typo  Roll Eyes but still i think the idea with no hardcap should be applied here. At least i cant think of a better Example. Do you ?

Oops...you're right!

I just think it'll help them raise money more easily. There were comments from someone in another Telegram group saying that they didn't look into the company as soon as they saw there was no cap. That's what made me think it was worth considering.

If they can invest €20-30 million per year with their existing team, let's assume they could quickly triple that if necessary. That would be €60-90 million per year. 5 years worth of capital would be €300-400 million. Maybe round up to €500 million for even more of a buffer and say that's the cap.

There's no way they will be able to raise €500 million in an ICO. Again, nothing against the team, but the ICO market just isn't that deep yet. But this at least makes it easier to explain where the number comes from for people who have difficulty grasping the fact that unlimited is OK.

I still think it would be better to stage the fundraising process, but I'm not as concerned about that even though it'll lower the dividend rate.