Your coins will be tied to a particular real estate object. Or will it be like a fund for the subsequent purchase of real estate?
Your tokens will be used against the purchase of an asset which will be formed as an SPV company. So while backed against the hard asset, it is a fund structure as there is no transparency in token holder information to include on ownership docs they will be held in an SPV which will repay profits back the investors through ETH
Thanks for the answer. What criteria will you have for selecting real estate?