REALISTO Update

Dear Community,

These past couple of months we have been hard at work putting the finishing touches on the REALISTO platform, which is now about 95% complete. The next major development milestone can only be reached when we have the necessary regulatory framework set. Only then will we be free to design our investment processes accordingly and to create all the asset/money related rules.

Indeed, we attempted to find a short-term solution by relocating to the UK before the Brexit, in order to make use of the FCA regulation there. Sadly, this did not work out, so we are back in Germany and we are solving the problem locally. Currently, however, no German entity is licensed to facilitate on-the-spot crypto/euro trading, which is a shame because real estate developers need security in planning and thus will accept, for example, BTC investments only if they can immediately exchange the BTC for fiat.

This is why our goal right now is to build a fully regulated exchange platform under the name bitmeister. Such an exchange platform will not only remedy all the issues we are currently facing, but it will also provide a liquid secondary market for the property token we are looking to emit with developers. These tokens are clearly securities and thus we need an exchange that lists and trades security tokens. Not some unregulated decentralized exchange but a fully regulated and compliant one. Just like what bitmeister is aiming to become.

Bitmeister is funded by a VentureCapital fund and a CrowdFunding Campaign. At the current stage there is no ICO planned. If there will be an ICO at a later stage, REALISTO investors will receive tokens according to their stake in REA. We are working tirelessly to create a partnership with a German securities trading bank in Frankfurt to streamline the approval process. We estimate the launch of the exchange in the spring of 2019. Once the bitmeister exchange goes live, the REALISTO project will be able to return on the scene in all its glory.

In other news, we have also been in negotiations for several great proof-of-concept properties. We have put this process on hold, however, due to the massive market slump and the manipulated decline of Ethereum. When the crypto market rebounds, we will be able to acquire a proof-of-concept and demonstrate what the REALISTO project is truly capable of achieving and delivering to all REA token holders.

Until then, we will keep on fighting the good fight!