Post
Topic
Board Announcements (Altcoins)
Re: [RLX] Relex: World's 1st Blockchain-Based Proxy Real Estate Developer Platform
by
SJDuncan
on 19/03/2018, 19:57:38 UTC
I like the sound of Relex and have invested, but the one thing I am unsure about, is how do people use the rlx tokens to buy real estate, I have seen on the Relex website that you can use 10 rlx tokens to express an interest in purchasing a property, but there must be a plan to use the 2 billion tokens for a purpose other than this?

 Relex did mention in some previous posts that ideally they saw the value of the rlx token as somewhere between 25c and a $1 to support the market cap of the property contracts. So am still unsure how the value of the contracts feeds into the demand for rlx tokens? How will the platform be used to support a higher market cap for the tokens. This is one of my main questions, and if I have this question, others will probably have the same question.

Can the rlx tokens be used to settle property purchases. How does this work?  I am sure Relex has a plan, but it is not entirely clear from looking over their website, I would like to know more about how rlx tokens will be transacted on the platform and the value proposition behind the token.

I suspect that their are good answers to by questions and would love to know more. Many thanks.