Quote from: Relex_Core on March 12, 2018, 10:14:34 AM

@ipizi, Yes, that would indeed cause the price to be low, whereas too few coins restricts the ability for new users to enter the ecosystem. Therefore, our practice of releasing coins into the ecosystem in a controlled and gradual manner allows new participants to enter, expanding the community, while taking care not to overload the system. We can achieve a balance between inflationary and deflationary by using proper release protocol for tokens entering the RLX ecosystem. In our view, this is the best way to go about this. These are real estate projects with a combined value, when Woodfine is included, of well over $1 billion dollars. We would more accurately pin that number in the area of $3-4 billion. In order to adequately service this kind of requirements from the developer, we have set an amount of coins amounting to 2 billion. When additional projects that are signed, but not on blockchain yet, are considered, 2 billion tokens does not actually satisfy project demand of the developers at only $1 per token. So with that in mind, what may be fine for other tokens is not appropriate for our business. Burning tokens would simply restrict the ability for new entrants to participate.

Secondly, RLX is different in the sense that any one of you, at any time, currently can use your RLX tokens to purchase a) real estate units of developments currently under construction, or b) a minimum requirement amount of Woodfine common shares or LP units. Other tokens that purely base their value on the appreciation of the token itself may be more concerned with token burns and other things to increase the value of the token itself, but we instead provide a) a way to cash out of cryptocurrency in a fast and efficient manner into real assets b) a way to access real estate opportunities that otherwise would be difficult to execute done on your own, with historically strong returns that likely beat the returns one can get in one's own country. So while stable value of RLX is in everyone's interests, it is not the only consideration here. You have access to 20-year long returns in the form of Cocobay, and you have 8 year returns in the form of Woodfine- and Woodfine allows you to cash out at any time- which is rare in a fund. So there are two dynamics here- the appreciation of the token, and the acquisition of real estate units, common shares, and LP units.

At any time the cryptocurrency markets are performing poorly, there is always an option to get into something real with RLX. We believe that, while cryptocurrency is a great vehicle for exploration as well as returns, that one should put their gains in something beyond just another cryptocurrency. In that way, you stand to lock in your gains. All purchasers and/or investors receive paper certificates along with a blockchain proof, so RLX investors have two forms of ownership. And as much as we have talked about compliance, the fact of the matter is if you participate in full units （minimum $10,000 blocks into Woodfine common shares， $100,000 blocks into Cocobay, $300,000 blocks into Marine City, you can take ownership in these units right away. If one wishes to participate in crowdfunding, one must wait until we receive full approval from US regulators, but there is absolutely no issue with the utilization of RLX tokens right now for the purpose of full real estate purchases, or a minimum block of Woodfine common shares at $10,000. Woodfine LP units minimum is currently $250,000, and these funds can be withdrawn from the Woodfine fund at any time. We encourage you to refresh yourselves with the project details of Cocobay, Marine City, and Woodfine to understand what is currently on offer. If you have any questions about the offerings themselves, we encourage you to contact us and ask, and we would be happy to answer any of your questions.

Third, when the new website comes up, all of this will be displayed and organized in a much more clear fashion, but the fact of the matter is that unlike other tokens, there is no need to wait and hold if you do not wish to. You are able to use them right now, and we are also enabling RLX holders to be able to contribute towards the research and development of new inhalable products, of which RLX Health token holders (RLX holders get granted RLX2 upon launch) can acquire state/province level exclusive B2B distribution rights in large countries such as China and the US, etc., and country wide exclusivity in smaller countries. Therefore, RLX2 enables you to launch your own inhalable supplement and medicine business in your own country, state, or province, with full exclusivity in your residence alloted to you (on a first come, first serve basis, of course). More details will be released when the Relex 2.0 upgrade to the website is launched, at which time more details will become available for RLX Health tokens.

Fourth, I think it is worth mentioning that regarding longevity, this is an extension of our business that we've been running since 2014. We have no intention to stop operations of our business, and we are taking a long term view towards Relex as well.

In order to have better communication, we will shortly move all this important information onto the main intro page for RLX on Bitcointalk, so it has more updated information. Once the Bitcointalk page is updated with this new information, an official Telegram will also be launched, and we will be posting our policy guidelines for this channel and group at that time. Furthermore, there will be a clear distinction in information separating the real estate arm from the inhalable pharma/supplement arm.

We will also be letting you know the ETA for the new website, as we will be ready to release further details on that shortly.

In the meantime, any and all input on what exchanges we should launch in the meantime are important for hearing your feedback, and expect this more from us, as we plan to involve the Relex community increasingly more on topics such as what real estate projects to adopt vs. reject, what inhalable products would be most interesting to invent and develop (with RLX Health token holders being able to then have distribution rights for these inhalable products) and so on.

Thank you, and further details will be available in the coming time.

Relex Team

I fully agree with the teams plan of gradual, controlled distribution of the token. While 2B is a lot, there are other projects out there that make a 2B supply look small(Ripple). I'm also glad that the team retraced their stance on not having a Telegram group chat. While I understood their reasoning for not wanting one, I think the benefits here outweigh any potential shenanigans. Telegram is the FIRST place I go to check up on my assets, news about them, or to just chat with fellow investors and share thoughts/ideas. It's immediate communication, so it automatically supersedes mediums like Reddit, or facebook, heck, even twitter is not "instant".

Market manipulators will still try to manipulate the market, regardless of whether you create a Telegram channel or not. They could just create their own "Relex pump and dump extravaganza" channel, and you'd be powerless to stop them. My point is, the team should not try to mitigate that threat, rather just ignore it. The people that participate in pump and dumps make up a very small demographic of the cryptocurrency community. I have not seen issues along this theme for any larger projects, like Polymath(one of the first coins to reach 50k telegram members, I think the limit was raised because of them).

Glad also to hear the news about the website redesign, and upcoming info on the health token. Looking forward to everything. For now, I hope we get on a decent exchange or two, and get our volume up for a CMC listing. I vote OKEX and KUCOIN. If I had to choose only one, KUCOIN gets the vote.