Ratings Alt.Estate

Nice Vision .... Great team and Advisory board . Will be waiting when team will be passed on KYC.

Another attempt to tokenize real estate, which in fact is just a form of issuing bonds for the purchase of a real estate, which will be chosen by the management company with almost no control over the quality of the object and its price ...

A very dangerous scheme for an investor ...

The first team who solves the problem of tokenization of real estate on the blockchain.

I like this one and a very good and experienced team. Be interested to learn more about estate in countries where there is a need for a local to hold 51% or so and also some of the tax implications of offshore ownership. Overall i like it though, key team need to do KYC

The tokenization of real estate is coming. I like the idea and the concept of tokenizing and trading real estate on the blockchain. Execution will be key. They have a strong team of advisors from the likes of Kushman and Wakefield which is a plus. I will follow the project closely to see how it progresses.

Team - some good advisors, a little light on relevant experience in the core team. I worry about the lack of international legal advice available to the team. Real estate can be a minefield in certain jurisdictions and local knowledge is therefore paramount for everywhere the project will look to tokenise properties. A link up with an international law firm with a real estate bias would be a good move.

Vision - not an original concept, there are some projects trying to achieve the same objective. ICO raise distribution is covered, no real info in how the business will develop, and there are a lot of risks that the team seem to be aware of without making suitable provisions for. If the contracts are not deemed legal in certain jurisdictions, but a property has already been tokenised, where will the loss be made up? Again, my worries about legal knowledge for property acquisition and management come to the fore. Clarification regarding the decision making team is also needed - there are potentially useful advisors, but will they decide on which properties are added to the platform?

Product - MVP already running, looks good.

I like the concept for this project, and I think whichever project makes a success of real estate tokenisation will change the world and become a golden parachute for the core team when bought out by a big international real estate agency. But I just don't see how, with such low yields after charges twinned with both the opportunity cost of not investing in other tokens and the very real risks in tokenising real assets (strict adherence to securities laws per jurisdiction, strength of legal agreements on tokenised real estate etc) any real estate tokenisation projects are a worthwhile investment. That's my opinion however.

Good luck to the team and hopefully, with a few more legal advisors, you can make a real success of the project.

Good to tokenize this industry but have you ever thought of making this unique and different from previous projects like RentBerry or so? If not, it is a big concern for investors.

It is not a new concept in a highly competitive market which requires a strong team to make it a success.

Lot of teams and companies working on similar ideas. It is to be seen who can tokenize real estate first and in the best way possible. It's a highly competitive market and I don't see any USP to make them stand apart. All the best!

Interesting project, right tokenization and a good team. Let's see what will come out of it.

Nice vision and blockchain application, but the team lacks experience in real estate and financial structures.

Team : Team is strong with good experience.

Vision : lot of icos on real estate but this looks better.

Product : No prototype on website hence scoring low.

Lots of real estate projects like these. Some will succeed, as long as they are not a way of selling non-viable off plan projects that could get finance traditionally. This one looks better than a lot of them.

Looks like a promising project, well-elaborated, and so does its documentation, which is very important. MVP is available. Social media channels are quite crowded. So it is no surprise they quickly reached the soft cap. Looking forward to the next good news. Good luck.

Good:
• Nil

Bad:
• Webiste focus on ICO instead of the project itself, obviously a money-grab ICO
• Advertise heavily on website using the scores from various ICO rating sites.
• The team... no comment
• No hype AT ALL
• Backed by 2 unknown investors?
• Yet another real estate ICO. All previous real estate ICOs have failed terribly and I don't see how Alt.Estate will be able to succeed.

Verdict:
• Passed