>less than one mil market cap
>real estate on a blockchain
>will allow individuals to speculate on real estate just like people do on coins
>good team
>on idex less than 2 days
>LESS THAN 1 MIL MARKET CAP JESUS CHRIST
Go check out their website. These guys easily belong in the top 200. That would make their market cap a bare minimum of 60MM, maybe even as high as 160MM.
Thats 60x from here user.
How many coins do you have? Does it have liquidity?
Team and website look good with first glance...when is their project/coin/token or whatever the fuck "market ready"?
About 4k. And no not that much liquidity. Its a 1mil token.
Its already working. You can go put your real estate on their blockchain right now if you want. First property on there is in Slovenia of all places.
Slovenia doesn't sound promising LOL. Although I do see they're doing one in Luxembourg.
So wait like is the coin tied to the value of homes that are on it's network? Like if I put a 1.5 million dollar home on it, and there's another 200K home on it, would that make the coin valued at $1.7 million?
You own part of the home. So no, its just the same 1.5 mil.
Pretty soon you will start to see IROs, initial real-estate offers. This is going to become a thing.
>did anyone else get into the luxembourg IRO? I hope you didnt miss this before it moons.
How do I get into the IRO? Can you explain this please?
>As a holder of the BST Token, you’ll be able to get your share of the first tokenized real estate property and receive generated rent directly to your Ethereum wallet. Interested? Read further.
Just read that link if you are interested.
way better off buying shrimp or an honest ponzi
RLX is further along and based in USA.
interesting, but pass
>RLX
It also has 15 times the market cap. Not as much moon potential.
To put it another way, if this becomes even as popular as RLX, you just 15xed your money.
I've never even heard of RLX. That's good and bad.
With regards to token utility:
- partner real estate companies need BST to deploy new PropToken contracts,
- rent is distributed in BST,
- property shares (BSPT tokens) will be traded for BST on our dex
Really excited about this one
"our" dex? who you working with
So basically if this even matches some no-name crypto whos website took me like 5 minutes to find the we just mooned.
I like my odds on this one.
lol you unironically have a point + being based in the U.S. isn't a great thing with regulations.
OK I'll buy an ETH worth.
As in their native dex where the tokenized properties are traded
Why this when theres RLX?
Oh I misunderstood this. The coin draws its value from the value of the rent collected from that property. People have to decide how much that is worth to them when buying tokens.
So yes, 2 houses on the same property would be double the rent, which would mean double the income from that sub-token (BSPT). Which means people would be more likely to buy it and its value would therefore increase.
Competition keeps people honest? You can have more than one coin for the same purpose. There are like 30 smartcontract platforms trying to dethrone ethereum for instance. And I havent been too blown away by RLX so far.
This is European based as well, so different target market
Bought another 5k of these today. Feels good