Quote from: masterzino on February 12, 2019, 07:24:27 PM

Quote from: beeis4blockhive on February 12, 2019, 02:22:48 PM

I am doing research on options available for property-backed loans, but using crypto to invest? Are there any platforms out here similar to traditional real estate crowdfunding? Something like https://crowdestate.eu/?

Cheers

Properties are ultra low liquid actives while crypto prices are changing in a blink. Another resewn I dont trust real estate ICO is one project from last year where few Slovenian guys collect 2-3 millions and then bought themselves houses and Lambos....

What we have in mind is a platform that allows you to loan money to developers. The asset would be the contract not the real estate. The contract would be a human-readable contract, which would hold up in court, whereas the smart contract would be what allows you to trade it.

It would also be geared towards more established, registered businesses with proven track records and not just random people who paid a thousand bucks for a fancy website.

Agreed- that the ICO is not the tool for this, but rather something different.