ETH has been great to RPT, Roadmap Started, 3 property projects secured, now all participants benefit!
RPT is well on the way! Ethereum has risen around 400% since we started this project and we have reached out to many of our participants as we believe that our project is about the community and the benefits should reflect this. Add to this the fact that we have also secured property projects for our roadmap to ensure our success and the future value of the token.
Because the strength of Real Property Token lies in our community, your voice acts as a directing force for strategic decisions. So we have decided to make some changes to our Tokensale which we believe will benefit everyone! It’s important to note that if you have already participated in the sale and you have received your bonus rewards, they will be even more valuable and you will be receiving more, watch your wallets over the coming days.
In short, we will increase the tokens everyone has already received, and for future contributions the price will be 1 ETH = 20,000 RPT. This adjustment will take place without raising the total token supply. In fact we are also locking up 65 million tokens for a period of 3 years, which at that point in time RPT participants will share them as determined by the community.
The Whitelist is open until Sunday Dec 24
There are huge bonuses available right now in the Whitelist as we have committed 2 million tokens to be shared by the participants. What this means is that the average participant in the whitelist is going to receive to huge benefits. This rewards early movers a bigger incentive to contribute. Price per RPT token is as above but the bonus depends on total number of ETH committed during sale. The more you buy — the more you get!
Balance required to complete sale is 1,000 ETH!
In order to make RPTs more beneficial we had to either lower supply or lower the hard cap. We care about the future value of RPTs, and this is why we have decided to lower the supply and the hard cap. The decrease is from 20,000 ETH to 2,000 ETH and we have reduced the supply to 35% of the original tokens. This surely works in the best interest of our token holders. The remaining 65% of the tokens will be locked away for a minimum of 3 years, and then will only be used to benefit the participants and the token holders of RPT.
Roadmap remains solid as the foundations are laid and property projects have started
With the changes described above RPT is not changing anything in terms of the milestones described in the initial road map. Our plans and deliveries are solid, in fact we have our first 3 property projects already started. Exchange listing is planned for Jan — and it will happen the way we have originally planned. The Peer to Peer platform is nearing beta stage, the development of the Roadshows and Workshops are going full speed, so you can expect some announcements soon.
Breakdown of the changes:
- Whitelist sale to continue until Sunday, December 24th 23:59 UCT
- All contributors prior to the change will have their initial tokens increased to match current value
- 65 million tokens will be locked away until January 10th 2021. Only 35 million tokens will be in circulation for the first 3 years, there are many advantages of low token supply.
- The hard cap will be lowered to 2,000 ETH and we only have 1,000 ETH to sell to complete the Tokensale
- No changes to development or road map items
- We still plan to be listed on exchanges in January, after the Tokensale concludes
- The initial properties have been secured for the roadmap for the first 12 months
Anyone who has already contributed will not have to take any action to receive additional tokens.
If you have any questions regarding the new Tokensale structure, or do not understand the changes that are being made, please reach out to us on Telegram. We have carefully vetted the changes to make sure all current participants are positively impacted by the changes.
We believe this is the best decision for participants and our community, who are always at the forefront of the strategies we develop.
You can also find RPT on social media:
Telegram: https://t.me/rptoken
Facebook: https://www.facebook.com/rptoken
