Correct you are.

SOON.

yes locked forever

So the ratings will be provided by the buyers of property and they will rate the real estate agents, attorneys, movers, etc. (Anyone that uses the platform).  They will then receive CPROP tokens in return for taking the time to rate the service providers.  We intend down the road to have service providers who offer property management services, etc.  So because we are concentrating on this idea of "cross border" real estate, there will be many people that may want to take advantage of the property management services (esp if they are not going to use the home as a first residence).  Thus having CPROP tokens received for rating service providers, would give them a discount on other services.

So yes..your point is correct, we need to keep people on the platform and build a community.  That is how we are hoping to use the token structure.

lol thanks for joining us on telegram as well!

so there is a bounty that will be done via our telegram channel.  I'm also talking with Vinko and the team about having another bounty for BTT.  Please give me a couple days, and I'll revert back with details. 

Yes, we unveiled the demo at Inman Connect this year and it was well received by the real estate community.  We currently have several brokers who will enter into a beta phase with us.  We also unveiled our ideas at the Global Portal Annual Conference in Bangkok, Thailand about two months ago.  The reception was amazingly positive, and we currently are in various stages of talks with over 12 global portals.

Our platform is actually a plug in for currently existing portals.  We provide real estate agents with a workflow management system, that helps them keep their clients up to the minute informed on what is happening with their homes purchase.  We have added the blockchain component to protect the buyers and sellers, especially in a long distance transaction.

My Co-Founder Adam was also cofounder of a company called Dotloop.  Dotloop designed a system that digitized real estate documents and later was integrated  into the largest portal in the United State called Zillow.  We want to similarly integrate our platform with portals like Zillow and other global portals to give real estate agents and buyers/sellers greater transparency and security.

So we are not trying to reinvent or compete with current portals or brokers.  We are working with them, to provide them with new revenue streams, and enable them to offer to buyers and sellers a safer and more transparent way to transact.

Our entire team  started in crypto by buying coins and tokens, as well as putting money into ICOs.  So we wanted to structure our sale of "membership tokens" so that early adopters would benefit as the platform gains users.  To that point all memberships will be presold.  So anyone wanting to buy memberships later will have to pay market price to owners.

So one of the reasons we are looking to integrate with current global portals and brokerage houses, is we don't want to have to "build" a new market.  We have seen other projects try to compete against the current market leaders, without success.  Our goal is to make a plug in to current brokerage houses, and portals, that already have listings, and drive additional people to their sites.  Then use the CPROP workflow management system to keep the buyer upto date on every step of the buying process, and use smart contracts and blockchain technology, to make the transaction more secure.

Our commissions will be negotiated with portals based on a percentage of the escrow.  We will not charge buyers/sellers for concluding a sale, as this is already done by the real estate agent, who will pay a membership fee to use our platform.

The crypto currency you buy a property in will be determined by what the seller will accept.  So my guess is BTC would be the main one.  At least it has been the most used to date in the industry.

agree

The soft cap is the amount we feel is needed to get the software finished in order to have a minimum viable product (MVP).  To fully market and launch the company will cost us around $20m.  However, based on feedback from traditional investors, if the ICO fails to reach the $20m goal we believe we could raise money via more traditional channels.  But we need at least $2m to reach the level of having a marketable software solution.

Of course, we believe we will reach the $20m via ICO which gives us not only enough monies for development and marketing, but also a runway to reach revenue.

We are quite pleased with progress.  We have taken on initial seed capital, and the project is in good shape.  We are working to put together some partnerships, to prove to the market that we can in fact execute on our "ideas".  So the Pre-ICO via smart contract will begin end of April, with ICO (if needed) May 25th.

The ERC20 token is a membership token.  As the project expands and we work to on the tokenization of documents, we some ideas for how to do this.  We have on our team Peer Chemist, who heads the PPC project.  You may see some work he has done with the Peer Asset Protocol on GitHub, which we find very interesting.

If you have the crypto you can do that today!  One of our advisors Piper Moretti has done several transacations for homes in California via Bitcoin which is super-cool.  But hopefully soon you can do it worldwide via our integrated platform!

Lol guys...yes sorry...this is Luke Sestito Co-Founder of CPROP. 

I agree with you.  We as the CPROP team are super busy, but telegram community is very important to us.  So if we have neglected anyone, we apologize.  We are doing our best to balance responding to questions and concerns with pushing the project forward.  We are adding people all the time, to help us manage both areas of the business successfully. Also, we are always looking for people who love the project and want to help.

soft cap is already reached.

I think all members on the website have photos? We only put linkedin to the founders, but is possible to add linkedin for all if the community thinks it adds value. (actually I think on the older site we did have linkedin for all).  Will talk to Justin about adding it back.

Absolutely, we want to integrate other blockchain solutions into our platform.  We are focused on the real estate transacation.  Other blockchain companies that bring value...we would rather integrate their solution, than try to redesign and take away time from our core mission.

Yes so Sandy and I started a company called Sanus Connect several years ago.  We developed a software solution that is being used by the worlds second largest property management company in the world (JLL).  It was at that time we started to look at blockchain, to see if there are opportunities to implement blockchain into the commercial building sector. 

In commercial buildings you have data everywhere, but its hard to find, and bring together.  It gets lost over time, and therefore when it comes time to buy or sell a commercial building records get lost.  We are working on an idea we call "Carfax" for buildings, that uses blockchain to take all this silo'd data, bring it together and make due diligence on commercial buildings easier.

On the residential real estate side.  you can see a mock up of our demo at http://mvp.cprop.io