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RE: Cryptocurrencies - Sound Advice or FUD
@mrshev, nice post resteemed,
Check out Relex sometime, it might be of interest, it did not ICO, but has achieved a fair bit in a short period and can legally crowd fund real estate developments up to $50 m in different parts of the world.
Relex is also offering in property investment funds via Canadian based Woodfine etc.
Hey @cryptoandzen thanks for the resteem.
It was on my radar last year, along with I-House, Brickblock, Propy, and Atlant.
What differentiates Relex?
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@mrshev, the main difference with Relex, is that it can crowd fund developments up to $50 m, most other crypto projects can't crowd funded beyond $1 million USD. Relex also also actually an operating platform, it is not just a whitepaper concept, it is also focused on frontier markets, which is why it is so active in Eastern Europe, India, Myanmar, Vietnam etc.
There are very real problems with developers undertaking financial transactions in these countries with getting investment funds into these countries, yet strangely the investment returns are much higher in these countries than those offered in western property markets, try 30-50 percent IRR, as opposed to 4-8 percent. You should check out some of the projects on the platform.