Post
Topic
Re: [ANN] Real Estate Blockchain Crowdfunding Technology
by
jake582
on 25/08/2018, 09:52:15 UTC
I was really happy with REAL until the last medium post...

I'm shocked to read that they reinvested the 21MM USD into crypto assets. Is there anybody that was aware of that before this medium post?

I write every important information that was sent from the REAL team in a notebook and that's what I wrote:

December 2017
Quote
They sold the operation budget (30% of 37k ETH) for a total of 3MM USD. They said it was enough for several years
if you look at their medium posts you'll not see that information anymore because they removed it.
The information that was removed is still in this bitcointalk thread : https://bitcointalk.org/index.php?topic=2064991.msg25597206#msg25597206

February 2018
Quote
They sold the remaining 70% of 37k ETH for a total of 21MM USD.
if you look at their medium post from Feb 12 you'll not see that information anymore because they removed it. Is that the behavior of a trustful company?
The information that was removed is still in this bitcointalk thread : https://bitcointalk.org/index.php?topic=2064991.msg30723761#msg30723761
If look at the modification date of that medium post, it's 2018-08-16T16:13:44.219Z, 5 days before the news about their loss...

June 2018
Quote
Launch of the platform

August 2018
They say that they don't have 21MM USD anymore.

Today, I don't trust this company anymore. Please let me know if you saw in their medium posts before august that they reinvested the money into crypto assets.