Merc:
Warm welcome to @kingAmmier from RELSIFY. Glad to have you here
The NFT Mag:
Hello Crypto Gen Community . Thanks for hosting the Relsify Team.
Merc:
The AMA will be structured into 3 parts
a) INTRODUCTION:
Crypto Gem Collector asks a few questions to introduce our guest and questions about the team and the project.
Chat is muted!
b) Twitter community questions (4 questions from twitter)
c) Telegram Community live questions during AMA ~ maximum of 2 questions allowed per member.
Chat will be unmuted for approximately 2 minutes
Answers: The Project representative(s) answers as many questions as they can in the live round
The NFT Mag:
Well noted. Thanks for the heads up
Merc:
Lets proceed to the business of the hour.
@kingAmmier At the end of every answer, please type Done. That way i wont interrupt you while answering the questions
The NFT Mag:
Well noted
Merc:
Before we begin, can you introduce yourself and your experience(s) in the blockchain space ?
The NFT Mag:
Thank you. My name is Olatoye, the Operations Manager for Relsify. I have 4+ substantial years of experience within the blockchain space, having worked with several top projects across several units such as project management, technical writing, smart contract dev, content creation, community management, and operations support.
Done
Merc:
I'm sure Relsify is proud to have you. Wonderful experience
The NFT Mag:
😊thank you
Merc:
Can you tell us about Relsify in details?
The NFT Mag:
In a nutshell, Relsify is a blockchain-based real-estate platform where anyone can invest and own fractional shares of a property with as little as $1.
Merc:
$1???
That's a very good. So basically, there's no barrier to entry
The NFT Mag:
Exactly . The idea is to reduce the barrier to entry to the barest minimum.
Merc:
You guys have def done that
The NFT Mag:
Thank you
Merc:
Why would investors choose Relsify over similar projects/platforms? what's the competitive edge you have?
The NFT Mag:
Investors would choose Relsify over similar projects or platforms due to several reasons, but not limited to the below 👇
- Relsify leverages on blockchain technology to power the platform
- Low barrier to entry to invest in real estate . You don’t hundreds of thousands of dollars . All you need is just $1
- Low transaction fees
- Increased liquidity; meaning you can purchase a property today and sell it almost immediately if you want to.
- Fast, secure and automated transaction processing. Transactions are executed within the click of a button.
- No middleman. All transactions are executed based on agreements set in the smart contract
- Developers have access to large pool of international investors
- Customer Service
Done
Merc:
Amazing
What you are building is truly amazing. How would Relsify guide against inconsistency and fraudulent practices on the part of asset owners. Say for example, an asset owner registers a property on your platform with fake documents and details. Is there any measure in place to actually verify physically these assets or properties?
The NFT Mag:
For fraudulent practices ; we will forge partnerships (process currently ongoing ) with trusted brands within the real estate industry. Top in our radar are ; a data analysis & gathering and asset verification company.
These companies will help us with quality data as well as asset verification . This will inform our judgement on the type of assets we would be listing on the Relsify platform.
Secondly, we won’t just list any asset, we would also ensure that asset owners already have an existing competence capital within the real estate sector .
A combination of these two factors gives great confidence to the investors.
In addition to the above, we have within our team, over 3 qualified real estate professionals who have substantial experience within the traditional real estate sector .
Done
Merc:
Very detailed. I'm sure investors can't wait
Are there fees asset owners, investors and even users of your platform need to pay when using Relsify platform? If yes, please let us know
The NFT Mag:
The only fee asset owners or investors need to pay when using the Relsify platform is during transaction .
For example, an investor would pay a little fee (next to nothing😄) to purchase an asset . Also, if an investor intends to sell or part liquidate some shares of the asset, there’s a transaction fee that occurs at that stage. Again, these fees are next to nothing 🤗🤗
Developers looking to onboard their projects might want further project branding. As a well experienced and diverse team, we can help with that in exchange of a fee paid by the developer.
Done
Merc:
Very excited to see you guys launch your platform. Briefly highlight the usecase(s) of Relsify Token within the ecosystem? Why would investors decide to hold your token long term?
The NFT Mag:
The uses cases are quite many but I’ll share some interesting ones here 👇
1. Invest or purchase properties on the Relsify platform
2. Receive RELS as reward point for holding RELS
3. Receive dividends in RELS based on assets invested in
4. Developers use RELS to list projects on the platform
5. Ability to generate unique token for each property listed
6. Ability to participate in Relsify Metaverse party as a RELS holder
Done
Merc:
What are your biggest challenges right now on the project and how do you intend to solve them?
The NFT Mag:
Our biggest challenge is centered around community awareness.
Due to the fact that the blockchain space is quite new to so many people, much education and awareness campaigns need to be done. We believe that with the right community, we can easily achieve our financial target to help us properly build the Relsify platform of our dreams.
Done
Merc:
You guys have an amazing project going on, and i'm sure with time the awareness will come
The NFT Mag:
Thank you
Merc:
Finally, let’s talk about your fundraising. How much are you raising in total from all the rounds? What will your initial market cap be at listing? When and where will the Relsify Token be tradable at launch?
The NFT Mag:
We are looking at raising $4.5m from all rounds. Initial market cap will start within a range of $500k-$1m.
Token will be launched upon public launch and we are looking at mid-late Q1. First, we would launch on a Dex (pancakeswap). However, we are not stopping there, our plan is to launch on a big CEX by early Q2 2022
Done
Merc:
@kingAmmier thank you very much for doing justice to all our questions.
Please Join RELSIFY telegram chat guys
https://t.me/relsify_official
The NFT Mag:
My pleasure
Merc:
Let's move to the next segment where you get to answer 4 questions selected from our twitter community.
I will post 1 question per time, when you answer it, please type Done.
The NFT Mag:
Well noted. Thanks
Merc:
1st Question
Relsify is positioned to be Africa’s first real estate tokenization platform. What does Relsify focusing now? Does Relsify just focusing in Africa continent only or do you plan to expand to globally? How Relsify will spread awareness to different countries?
https://twitter.com/imwiiw27/status/1479617474433671168
The NFT Mag:
Great question. First, Relsify is global. Global in the sense that , you can be in Australia or Peru and have the ability to invest in a property in Kenya via the Relsify platform.
Our flagship countries are Kenya, Nigeria and Ghana(in no particular order). From there , we would expand to list assets in other countries globally.
There are several marketing and community activities lined up to spread awareness about the Relsify platform globally. All these would unfold in due course.
Done
Merc:
2nd Question
Since Relsify will operate in many countries in Africa, How do you intend to deal with laws and regulatory issues peculiar to each country ?
https://twitter.com/dkalistar/status/1479564463523221504
The NFT Mag:
Great question. We have a legal unit within Relsify to ensure that, at all times, we comply with the regulations of each country .
In addition, one of our strategy is to form a partnership with a legal body in each country where we’d be operating to help us navigate issues pertaining to regulations.
Merc:
3rd Question
What is Relsify approach to customers? How will you attract asset owners and investors alike to your project ?
https://twitter.com/Jhumpa_/status/1479585270047678470
The NFT Mag:
Just like I stated above in one of the questions asked about our unique value proposition. Investors and asset owners stand to benefit a lot.
For example, developers get access to a large pool of international investors . This means they can easily fund their projects without necessarily worrying about the bottlenecks associated with financing.
For investors , you mustn’t wait till you have $1000 or $100k before you can own an asset. With Relsify , you can be a property owner with just the little you have .
Also for investors, ability to liquidate the property within the click of a button is really attractive because this isn’t possible in the traditional real estate sector.
Done
Merc:
4th Question
What are the marketing strategies of your $RELS token project? What will you do so that your project will be visible in crypto field and people come to explore your project?
https://twitter.com/FerrySurya_107/status/1479663218926645248
The NFT Mag:
Thank you. In as much as we have seasoned marketing professionals within the Relsify team, we have gone a bit further to engage the services of a top marketing agency to help us put Relsify on the map and ensure Relsify becomes visible .
The combined effort of the in-house marketing team and the marketing agency will definitely yield positive result.
Done
Merc:
That's all with the twitter segment!
Do you want to add any other thing before we open up the chat for community questions?
The NFT Mag:
Yes . I’d like to start that we currently have our presale ongoing on Pinksale.
Merc:
Oh, lovely. Please post presale link
The NFT Mag:
https://www.pinksale.finance/#/launchpad/0x31b78f16e408D64017C5309aFB463d7D57c4b50b?chain=BSC
Merc:
Guys here's Relsify's presale link.
Any other thing you'd want to add ?
The NFT Mag:
Yes. We’d indulge everyone in the Crypto Gem community to come join us at Relsify to actualize this dream.
For us at Relsify , we are passionate about this and we welcome everyone here to join us. It’s a collective effort🤗
Merc:
Sure 😊
I'm sure our community have great questions!
https://t.me/relsify_official
The chat will be unmuted for approximately 2 minutes.
Members should please note that there will be a 60 seconds delay in typing when you post your first question. Post the second question at the expiration of the countdown
Note: Each member can only ask a maximum of 2 unique questions. Do not tag Guest Admin to draw his/her attention to your question only. If you ask more than 2 questions or you tag the Guest admin, you will be disqualified if you win
@kingAmmier kindly wait for the chat to be muted again before you start answering the questions.
I'll notify you when to start answering
The NFT Mag:
Well noted
Merc:
Chat will open in 10 seconds, Post your questions everyone
**Numerous questions posted
Merc:
Thank you all for the questions
Over to you @kingAmmier
Please answer as many questions as you can. After you answer the last question, please type Done
Question:
Can you give an overview of your Tokenomics, and the UTILITY of Token?
The NFT Mag:
Max supply is 350m
Initial supply is 200m
Question:
How can I join the presale or IDO? Is the whitelist still open? And what will be first exchange where Relsify will be listed & How to buy it?.!.
The NFT Mag:
You can join the presale by purchase on pinksale
https://www.pinksale.finance/#/launchpad/0x31b78f16e408D64017C5309aFB463d7D57c4b50b?chain=BSC
Question:
COVID 19 has slowed down many economies around the world but as a crypto business, does it affect you negatively or positively? Are you still on track to achieve your goals or are you planning a new development?
The NFT Mag:
We are very much on track to achieve our goal
Question:
Non-crypto user is very important for mainstream adoption. How you are planning to attract non-crypto users towards your project? Is there any upcoming partnership that will brings non-crypto user and real-use case?
There are a lot of partnership and marketing activities . In addition , we plan to put out so many educational and awareness campaigns for non-crypto users
Question:
Where can I buy your tokens now, what are your current contracts address and how can I buy them and what are the benefits?
The NFT Mag:
The presale is currently on pinksale. Here’s the link
https://www.pinksale.finance/#/launchpad/0x31b78f16e408D64017C5309aFB463d7D57c4b50b?chain=BSC
Question:
How did you get the community involved in developing the project? and how do you build a strong community to grow globally?
The NFT Mag:
Community building is a collective effort . We’ve been forging partnerships with other communities to bring people on board . In addition we have in house community activists such as referral programs , bounties to bring about awareness
Question:
Do you have any Coin Burn / BuyBack systems or any Token Burn plans to increase the value of Token & attract Investors to invest?
The NFT Mag:
Yes we have buy back system in place . But that’s upon public launch
Partnership is always an important factor for every project. So who is your partner? What are the benefits you get from those relatiionships?
We are forming partnerships with marketing agencies , legal bodies , data analysis/gathering company , asset verification company , and other real estate players in this space .
Question:
Do you guys feel satisfied by seeing your progresses and achievements till now, when you look back to the day when you have started this project?
The NFT Mag:
Yes we feel achieved , because it all started from an idea . Now it’s becoming a reality .
However we are not moved by the progress thus far because there’s still a lot of work to do . The reward for hard work is more work
Question:
Typically, investors buy tokens that are likely to increase in price in the future. I saw that, total supply of the token is huge.
So, do you have any plan for burning tokens in the future to reduce the supply of the token and increase its investment attractiveness?
The NFT Mag:
We feel the total supply is fine currently considering what we intend to achieve with the project
Question:
I am interested to invest in your project. When and where can I buy your tokens? Is it already listed exchanges?
The NFT Mag:
The presale is currently ongoing. You can purchase it on pinksale.
https://www.pinksale.finance/#/launchpad/0x31b78f16e408D64017C5309aFB463d7D57c4b50b?chain=BSC
Question:
For a project development first of all main priority is having enough fund. Does your team financially capable to run this project? Do you have enough fund for it’s developement Can you tell us that how your project generate the profit?
The NFT Mag:
We raised some funds during the F&F, which we have been using to build the platform. Now we are currently in the presale stage
Done
Merc:
Amazing. You did great
@kingAmmier thank you for all the answers
@kingAmmier Kindly share all useful links to Relsify, as well as available infographics with our community
The NFT Mag:
Alright
🏡Relsify is Africa's first real estate tokenization platform.
Offers a secured blockchain-based marketplace for investing in high-quality, fractional, and diversified real estate assets, tokenized & issued as security tokens.
Built on the Binance Smart Chain currently, the Relsify platform and ecosystem is powered by $RELS, her native utility token.
🏡 Token Information:
👉 Name: Relsify Token (RELS)
👉 Blockchain: BSC
👉 Total Supply: 200,000,000
👉 Max Supply: 350,000,000
👉 Contract Address: 0x6a2badbAdabaD1C8607Ed33BB9F5927276c79911
🏡 Tokenomics:
56% TGE
16% Development Fund
20% Company/Team
5% Advisors
3% Bounty Campaign
🏡 Native Token Utility:
✅ Access cheaper fees
✅ Invest in properties
✅ Receive rewards
✅ Receive dividends
✅ Host properties
✅ Generate security tokens
✅ Staking & lending
🏡 Pre-sale Now Ongoing:
https://www.pinksale.finance/#/launchpad/0x31b78f16e408D64017C5309aFB463d7D57c4b50b?chain=BSC
🏡 Our Whitepaper: https://relsify.com/files/Relsify-Whitepaper.pdf
📲 Stay Connected:
- Website: www.relsify.com
- Telegram: t.me/relsify_official
- Twitter: twitter.com/_relsify
- Instagram: instagram.com/relsify
- Facebook: facebook.com/officialrelsify
- Medium: https://relsify.medium.com
- Discord: https://discord.gg/zHvCFf4XCS
👀 Upcoming:
👉 $RELS IDO
👉 Pancakeswap Listing
👉 Coin gecko Listing
👉 Coinmarketcap Listing
👉 Whitepaper Update (2022 Roadmap)
- Official Announcement Channel
https://t.me/relsify_news
P.S> In the coming months, Relsify would announce more use cases for $RELS, incorporate token burns, and consider building on other scalable chains aside from BSC.
Done
Merc:
Many thanks to @kingAmmier from RELSIFY for joining our group chat today and sharing insights on their project 😎
🙏 Big thank you to our community for participating in this exciting AMA
The NFT Mag:
Thanks for having us. Much appreciated🙏
Merc:
AMA with RELSIFY has ended
Get Involved & Stay Connected:
Website: www.relsify.com
Telegram: t.me/relsify_official
Twitter: twitter.com/_relsify
Instagram: instagram.com/relsify
Facebook: facebook.com/officialrelsify
Medium: https://relsify.medium.com
Discord: https://discord.gg/zHvCFf4XCS
