Will the ico be extended if the value raised is insufficient ?
Seems like a good idea, but 50% of the proceeds so far won't buy much investment property.
I like the idea of a coins value being backed by real assets.
Perhaps if a real estate coin was on a major exchange, and a certain percentage is cashed in each month to buy more property, the value could rise with the overall crypto market
Hello,
interesting idea regarding the selling off of tokens monthly to increase the value of the assets, we just worry that would be very negative for the token price to create a sell pressure.
Regarding the ICO Runtime, we are taking this option into account and are constantly monitoring the market.
Yeah, it's like a chicken and egg situation.
But a coin backed by a growing portfolio of income producing property would be cool.
And reducing the coin supply could increase value.. as supply reduced and investors saw the money raised was going to good use.
Perhaps there is some sort of formula to get the balance just right, and allow solid growth.
When you look at the crazy marketcaps of some alt coins based on little but hype, imagine instead a good chunk of that value being backed by a genuine portfolio of commercial property paying dividends to the coinholders, or being used to buy/burn more coins.