Reif Token Launch

Garth

Reif is a token that is 100% backed by real estate.

It is part of the eQuid network and is only traded on the stellar exchange.

Tokens are created based on the value of the property in the portfolio.

A book value is established by dividing the assessed value of the properties by the number of issued shares.

Reif will always keep a buy offer on the exchange in the amount of 20% of the property value at the book value price. This way you can cash out anytime.

The book value goes up with added value through development. The book value also follows the rise and fall of the real estate market.

If all goes to plan the price of this token should be very stable.

The bigger picture of Reif as part of the eQuid network is to make it possible for eQuid members to pay their rent or mortgage with eQuid or eQuid affiliated coins.

I am not planning on doing this ICO until after the game is launched which should be towards the end of August or early September. I want to use this as a vehicle to promote the advantages of issuing a token on the Stellar platform vs Ethereum.

My goal is to do enough marketing to raise 2 to 5 million worth of xlm.

The link to the website is here. It is a work in progress ? http://www.reifgroup.com/

Garth

Buying Reif is like buying any token. You can trade it anytime you want on the stellar exchange as long as there is a buyer. We will keep a large buy order at the assessed value so investors can sell anytime they want. When new property is added to the portfolio new tokens are created based on the added value.

Garth

When you buy Reif you are buying into a portfolio of real estate investments. Some investments will have a quicker turn around than 2 years and we will try to have capital events that raise the value more on a two month time frame than a 2 year time frame. We keep a large buy order at the book value based on the current price so you can get your money out whenever you want. The only return you get is the increase in book value. We are aiming for between 5 and 10 % per year.