Wtf even is this. They’re trying to do developing market real estate and some sort of inhalants at the same time..?
RLX the gem of gems
They aren't devs. Relex did not have an ICO, which is a requirement as they are seeking FINRA approval in the US which would open up more crowdfunding options. Since they did not have an ICO, they did a direct to market approach and sold tokens on the open market. Sure, they could have airdropped but they can't give all this shit away for free and still operate and pay for necessary business needs. You can't have an ICO and try to convince the US government you weren't selling tokens to US citizens. Good luck trying to get past the front door for regulatory approval then.
>but but they can dump and crash the price/exit scam
No, they won't. First they stand to make a massive amount of money using their real world connections and real partnerships to bring their vision to fruition. Secondly, you don't exit scam when your names, faces, and all other information has been collected by not only the US government, but the Russian government as well. So I assure you they're be more fucked than anyone on the planet if they even thought about doing that which will never happen.
Relex is the middleman bringing funding to developers, so a large part of their responsibility is doing the hard legwork of looking into these developers to make sure they can hold up to their end of the deal and providing them a means to get their funds. We're not talking some simple Google searches either. Their model will absolutely work because its not targeted towards the average user who doesn't understand the dynamics behind the business. You don't get multi billion dollar development companies and investors with deep pockets signed on board without some serious connections. All these kids saying otherwise have absolutely no idea what life is like outside of working at McDonalds and playing video games.
They say they have an office in Cherry Hill New Jersey but they don’t. I live there. That’s pretty dishonest
The site is absolute ass and they know. I wish they had hired a better dev for this and did some beta testing, but I'm sure they only had so much to work with given they don't have millions in other people's money to spend from an ICO. Luckily they're open to suggestions and have taken them in for improvements. We should see a much better site soon, but the basic functionality of this division is working at least.
TLDR of this is people can create inhalable medicines and get paid a royalty for each unit sold if its funded 100% by people to get it developed by Aura (as it costs money to develop methods for those products). Those investing (via RLXI tokens) to get the inhalable product developed can get the product to sell to make money. Aura provides all the help needed for both parties to make it happen.
Yeah they do. Did you miss their office address at the bottom of their site at relex.io or something? People absolutely have visited them in person and posted pictures as proof. You can arrange a meeting anytime with them if you contact them.
So, basicaly they had a 100% premine (like all the other tokens), and sold almost 50% in the market to funding themselves. Nothing so different than all the ICOs.
Well no shit, they had to pay for business costs somehow. Like I said, you can't give the shit away for free and expect to operate a business. It is VERY different from an ICO and if you can't see that you're not thinking hard enough.
I looked up their address and tried to go down and see them. To see if they are legit. There was nothing there.
100% sure you got lost or you're a fucking troll. You should contact them in Telegram to arrange a proper meeting and don't expect to visit the address on a whim looking for a giant Walmart sized building with a Relex logo on it.
Show your Google tracking or take pictures troll.