Re: [ANN ICO+Bounty] [REA] REALISTO - Real Estate Investing For Everyone, Everywhere
I know the realisto team decided to focus on platform development before investing in stable assets like real estate that would include an ROI.....I am a US customer so wasn't able to be a part of the ICO. I bought some using IDEX which was a dream using my ledger. Way better than etherdelta.
Is it true based on the whitepaper that the # of tokens is really capped at 3 mil? or did I read it wrong?
Cause if this is even slightly successful this has way less coins than even bitcoin.
Anyone with more information or research want to debate it? Cause I've been reading a lot of white papers and trying to keep up with about 10 projects like this one and dragonchain.
Thoughts?
Is it true based on the whitepaper that the # of tokens is really capped at 3 mil? or did I read it wrong?
Cause if this is even slightly successful this has way less coins than even bitcoin.
Anyone with more information or research want to debate it? Cause I've been reading a lot of white papers and trying to keep up with about 10 projects like this one and dragonchain.
Thoughts?
Hi!
Yes, there are currently 3.6 M tokens and there won't be any more (https://etherscan.io/token/0x767ba2915ec344015a7938e3eedfec2785195d05). Among those 3.6 M Tokens, 2M is being hold for 2nd funding round (should happen around Q2 2018).
So in general you are right, the absolute value of existing REA tokens is smaller than the absolute value of existing Bitcoins. However, in the end the number of tokens/coins is just an abstract and arbitrary number. Please remember that bitcoin also has decimal number of 8, whereas REA token's decimal number is 18!
To sum up - Max number of Bitcoins or Max number of REA tokens doesn't mean anything if you take it out of context of their potential Market Capital (and how many of them are circulating). Without Market Capital context, it is simply a number... nothing more.
Best Regards