We are very excited to finally announce Realista’s Token Sale, which will be conducted from February-March 2018.
Realista provides an open marketplace that streamlines the entire buying, renting and selling process. With Realista, property sellers can list for free and have more control of their listings, and agents can upload property content anytime, anywhere, instantly to buyers and renters.
Realista launched in Australia in July 2017 and New Zealand in October 2017, and is releasing an open beta in the USA in April 2018. The platform connects buyers, renters, sellers and agents on a global scale, ensuring efficiency and affordability every step of the way.
Already available on iOS, Android and the Web and enabling enable people to participate in a $217 trillion real estate economy.
In 2018, Realista’s Token Sale will see Realista Token (RET) implemented on the Ethereum Blockchain as an ERC-20 token. A Presale and Crowdsale will take place early this year, in which a total of USD $15 million will be raised.
USD $1.5 million will be raised.
Presale will run for a maximum of three days.
Participants will receive a 30 percent early commitment Bonus.
USD $13.5 million will be raised.
Crowdsale will run for a maximum of 14 days.
Participants will receive a 20 percent and 10 percent Bonus on the first and second days, respectively.
1 billion RET will be issued and divided into two portions:
1st Portion: 500 million – 605 million RET will be distributed to contributors, depending on the degree of ETH raised during the Bonus period.
2nd Portion: The remaining RET will be used to support the development of the platform.
- The RET for the second portion has a lockout period of 12 months and will be unlocked in March 2019.
- The sale for the second portion of RET will not exceed 100 million RET per year.
Note: Citizens from the USA, Singapore and Mainland China are not permitted to participate in the RET Sale.
Those wishing to take part in the RET Sale will require a Wallet that supports ERC-20 tokens, such as Mist/Metamask. Contributors will be screened via a Know Your Customer (KYC) process, which ensures they can legally participate in the the Token Sale.
RET is not intended to be an investment vehicle. RET is a mechanism for driving Realista and the ecosystem; encouraging buyers, renters, sellers and agents to utilise the platform. Agents who refer and sign up other agents to Realista will be rewarded with RET, which can be used as payment for their subscription. This will help stimulate a network effect and enable property sellers and agents to realise the value of listing properties on Realista, leading to increased property content which will in turn, attract new buyers and renters to seek property through Realista.
Participating in the RealistaToken sale is a vote of confidence in Realista’s success. We endeavour to provide an innovative platform that connects buyers, renters, sellers and agents, holds all users’ interests at the forefront, and revolutionises the way we buy, rent and sell property.
The team can’t wait to see the community grow and we invite you to be a part of the journey in building the first global real estate platform.
This press release is for informational purposes only and should not be viewed as an endorsement by CoinIdol. We take no responsibility and give no guarantees, warranties or representations, implied or otherwise, for the content or accuracy. Readers should do their own research before investing funds in any company.