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its working fine for me

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Yes, right after Pre-ICO end we will start working on the legal considerations!

An ICO claiming to be investing into real estate, is either a scam or not worth it. If you want to invest in real estate then do it directly and don't go through any other means. The problem with a lot of ICOs they are just out there to earn a quick buck and don't actually care about the project.

I totally agree with BillCoin on this. Why to invest in a ICO related to real estate while you can invest the money into real estate yourself? All you gotta do is to cash out the money in fiat and invest them in real estate business and you are done. You don't need to involve any third party into your investment, and you can never believe someone else in property business, as long as you don't see everything yourself. How can you give away your money to someone and ask them to invest them into real estate and give you returns? What if they don't do so? What if they run way with your money?

Its a good project because its backed by physical assets based on the acquisition of real estates but the concern I have personally is based on the following:

1. What is the law in the countries where they want to acquire such asset because that is key whether individuals are allowed to acquire real estates or corporate bodies.

2. Who will be managing the assets acquired to ensure regular payment of mortgage, will they be partnering with banks to ensure that the payments are remitted as at when due?

3. Who are those to ensure that all rules are complied with to ensure return of investors are guaranteed?

This and many other questions I will need to be convinced about before putting my funds in it.

I think that there is no reason to invest on ICO that is connected to real estate, when you can just invest directly in real estate.

Those ICO most likely are trading on a bubble price, they usually represent a purchase group( group of people who can't afford buying the real estate alone, so they join into group and buy it together).

Sometimes you don't know who controls the real estate the group purchased, and when the only income you get is from renting the asset, the group organizer(in this case, ICO organizer), can just run out with the money after few months.

Also, it's hard to determine whether the real estate exists or you are just being fooled.