AMA Recap Crypto Library with RealBox

   

 
On 3rd March 2022, RealBox conducted an AMA in the Crypto Library Community. Our guest is Ms. Hang. Lots of questions as usual from the Community about RealBox progress. The RealBox team took part in a very interesting AMA session which included introductions, questions from twitter, and a live AMA session with the Crypto Library community. If you missed the AMA in person, read this recap for a deeper insight into RealBox.

Let’s take a look at the most interesting points of our conversation.

INTRODUCTION
Crypto Library Team : So, before we start the AMA could you please introduce yourself to our community?
 
Ms. Hang (RealBox) : I’m Hallie - currently working as the head BD of Realbox
FIRST SEGMENT (HOST)
Crypto Library Team : Can you present the overview of the vision and the path that the project will take?

Ms. Hang (RealBox) : Realbox (REB) is a blockchain-driven real estate platform designed to Democratizing the real estate markets by reinventing the concept of real estate ownership. Our mission is to make real estate investments more accessible,reliable and flexible to everyone. To consistently deliver real estate investment out-performance to our Investors by remaining at the forefront of real estate investment management science achieved through relentless pursuit of innovation in investment practice, risk management and risk mitigate.
 
With a fully intergrated set of fractional ownership features, we bring together everything that required to build solutions for the listing and trading of real asset-backed tokens. Realbox's products power fractional ownership for homeowners, property developers, small to medium bussinesses, investment funds and pooled capital, and everything in between.
 
With a fully intergrated set of fractional ownership features, we bring together everything that required to build solutions for the listing and trading of real asset-backed tokens. Realbox's products power fractional ownership for homeowners, property developers, small to medium bussinesses, investment funds and pooled capital, and everything in between.

Our plan to make such vision a reality is to create a complete and adaptive platform that is capable of satisfying users in both Crypto and real estate markets. We believe that the solutions offered by Realbox shall innovate the traditional concepts and ideas on real estate: it is much easier, more profitable and more flexible with Blockchain adaptation.

Our plan to make such vision a reality is to create a complete and adaptive platform that is capable of satisfying users in both Crypto and real estate markets. We believe that the solutions offered by Realbox shall innovate the traditional concepts and ideas on real estate: it is much easier, more profitable and more flexible with Blockchain adaptation.
 
Crypto Library Team : At the moment, who is in your team, also how are you coordinating and working together? Can you tell us more about the project's strategic partners and advisors?
 
Ms. Hang (RealBox) : Our team members are experts in the real estate market, they also have many years of experience in technologies and stock exchange as we saw, we learnt from other forerunners to bring The REALBOX out to the world with the desire for a reliable, long-term store of value. 

Right now, we are really having fun and passion about the project. Not to mention all of the hours working overtime to meet the deadlines. We ensure that we will never stop working and developing this project until it becomes the best real estate NFT project out there.
 
Our advisors are Phong Dao, has over 17 years of working experience in business law practices, and Mr. Vo Tran Dinh Hieu is currently the Chief Financial Officer at Vietnam Innovation Startup Accelerator (VIISA), as well as Deputy Director of Dragon Capital Investment Fund and co-founder of Fintech Club of Vietnam.

Also, we have Mr. Ly Qui Trung, an experienced entrepreneur, CEO and successful start-up founder with over 25 years of experience in the field of Retail and Food & Beverage. In 2003, Ly Qui Trung co-founded Pho24 restaurant chain that had 70 outlets in Vietnam, Indonesia, Singapore, the Philippines, Cambodia, Korea, Hong Kong, Japan and Australia during its peak time. And Duc Quang Nguyen, one of the founders of the SBD technology corporation, Mr Nguyen has been instrumental in the creation and subsequent establishment of the company’s vision, operation and success.

Then I want to shortly introduce:
CEO Alex Pham - PHD, 
CFO Tim Do - Tech entrepreneur, Co-founder of FINA, Director of Sen Capital, Digital and Innovation Venture Lead in KPMG Australia, Many years of experience in finance, property and technology.
Peter Hoang Nguyen - CTO: As an experienced programmer, Founder of many successful startups, Peter had also an early participant in the crypto market (2016) having joined the Product team lead at Remitano.
Tai Tat Ta - Head of Blockchain Development
Minh Loi Hang - COO
Katherine Nguyen - CMO.

Well, that's a long list, all of the names united as we want to apply blockchain for creating a sustainable grownth for the market. You may see more of our members here:
 
Crypto Library Team : Well, that's a long list, all of the names united as we want to apply blockchain for creating a sustainable grownth for the market. You may see more of our members here: 
 
Ms. Hang (RealBox) : Finally, we are honored to have many amazing and wholehearted partners being side by side with us on this journey. A moment of our appreciation to Coincu, FINA, elisoft, Remitano, investpush legal, SENcapital, Nam PROPERTY,... and a lot of other partners that have been supporting the project with theire full force!
 
Crypto Library Team : What are the products and services that your project will provide? Can you elaborate on the Tokenomic of the project? And how is it fractionating?

Ms. Hang (RealBox) : Our products include:
1. Tokenization Platform : facilitates the conversion of real estate into Non-Fungible Tokens (NFTs) before tokenizing them into security tokens that are backed by real physical assets.
2. Marketplace: that facilitates the trading of asset-backed tokens (security tokens) including real estates and other real, physical assets. The exchange increases the tradability and liquidity of the security tokens.
3. Smart Invest roboadvisor: that is an automated, algorithm-driven platform enabled by AI to help investors select the best investment opportunities based on their risk and return profile. 
 
Crypto Library Team : Can you explain more about how REB tonkenize Real Assets?
 
Ms. Hang (RealBox) : All Real estates owners shall register and digitalize their assets information at our centers. After thorough inspection, the qualified real estate facilities shall be stored in a vault contract digitally and appear on our platform.  
 
In Realbox's approach, real estate is an NFT or a real estate portfolio is a collection of NFTs, is stored in a vault contract. This is fragmented into sub-units by issuing BEP20 tokens (fungible tokens) which represent the ownership of the vault. 
 
Realbox's new revolution concept provides the flexibility of buying a fraction or share of real estate from as little as $100. The new solution to offer co-ownership of real estate by fractionalizing NFTs is the key strategy for Realbox to create a new highly active and efficient real estate market.
 
The Ultility token - REB: is the native utility token of the Realbox platform. REB is used to pay for service fees in the Realbox ecosystem including listing, subscription, transaction, borrowing fees and paying dividend etc. To be able to buy Security tokens, investors need to become a member of the Realbox by holding a certain amount of REB, the utility token.  
 
Us Realbox offers various membership packages based on the number of REB held by the investor. Security Token represents a tokenized share of a property and entitles its holder to a share of profits in the property. The property could be an individual property or a portfolio of properties.
 
Crypto Library Team : What is your marketing strategies and programs that you are planning to attract new users?
 
Ms. Hang (RealBox) : As we’re a global investment platform, the bulk of our marketing activities will be in international communities. Furthermore, we are planning working on a series AMA, gleam with an interesting bounty for community which is 5000$ in total. FYI:
- 3000$ for 10 series Quizz for 100 winners
- 400$ lucky draw for 100 winners (bonus)
- 1600$ give away on Gleam for 160 winners (random).
 
You can update this series bounty of Realbox daily through the following channels:
- Telegram: https://t.me/Realbox_Official
- Twitter: https://twitter.com/Realbox_io
- Facebook: https://www.facebook.com/realboxglobal/
 
SECOND SEGMENT (TWITTER)
Crypto Library Team : As in Vietnam market, what makes real estate in Vietnam becomes potential?
 
Ms. Hang (RealBox) : Vietnam's real estate market has grown significantly over the past 25 years and is one of the fastest growing markets in Southeast Asia. Although some types of real estate have been affected negatively by the COVID-19 crisis, financial experts still predict that real estate will be a good investment channel for many years to come.
 
Some favorable elements, such as political stability, a positive economic projection, steadily expanding foreign investment capital, a huge population with greater purchasing power, and numerous signed Free Trade Agreements, make Vietnam real estate a chance not to be missed. That why real estate in blockchain will be huge in the near future with a big market but few competitors.
 
Crypto Library Team : What are the use cases of $REB token in your platform? What are your plan to increase the adoption of $REB token?
 
Ms. Hang (RealBox) : REB tokens can be use as:
1. Subscription fees
2. Transaction fees
3. Advertising/promotion fees
4. Listing fees
5. Paying dividend
6. Borrowing fees
7. Assets selling fees
and much more
 
We shall focus on completing and perfecting our products to give users the best user experience. The more users we have, the wider the adoption of REB token. We believe that this shall be the best way to create a sustainable growth for Realbox
 
For more reference, please visit our project via:
 
Crypto Library Team : Your project is not only interesting but also important, but it needs a large user traffic to be sustainable over time. What marketing strategies do you have planned to increase the validity of your brand? Are you planning a strategic partnership to level up your project?
 
Ms. Hang (RealBox) : People thought to acquire traffic on website, increase members subcribe, follow on social channel... can increase the validity a brandname. However, the question is about the quality of that traffic, follower. In Realbox, we care in acquire people who care/interest in real estate or crypto invesment or just diversify their investment portfolio... to join & discuss with us.

At Realbox, we are working hard days by days to give the best in class marketplace for investor by partner with Remitano, Nam Property, Fina, Sen Capital, Coincu… and many others partner with be public soon. In couple month coming up, there will be a lot of news since we are working with a lot of big Partners all over the world which will not only help us financial stability as well as new users in other potential markets

In couple month coming up, there will be a lot of news since we are working with a lot of big Partners all over the world which will not only help us financial stability as well as new users in other potential markets

You can update the progress of Realbox daily through the following channels:
- Telegram: https://t.me/Realbox_Official
- Twitter: https://twitter.com/Realbox_io
- Facebook: https://www.facebook.com/realboxglobal/
 
Crypto Library Team : Can you explain more about how REB tonkenize Real Assets?
 
Ms. Hang (RealBox) : We were very grateful that the project was well received by ventures and investors. There are more and more partners that took an interest in our project, which is the best motivation for us at the moment. Our last rounds were overbooked, with large investors such as Remitano, Coincu and so on! You can find more about our Partnerships and Investors here: https://realbox.io/en
 
Crypto Library Team : What makes your marketplace differentiate from others?
 
Ms. Hang (RealBox) : We are one of the first marketplaces specializing in real estate based tokens. Our marketplace offers security and significant potential for growth whilst maintaining strong stability as the tokens are backed by real assets. Futhermore, while most projects of the same kind face various legal issues when combining blockchain with realestate, our high-credibility team and advisors have already done all preparations for our product completion. We all know there will be many challenges, but we have enough resources and vision for Realbox to become a big project, solving many problems of investors.
  
THIRD SEGMENT (LIVE QUESTIONS) 
Crypto Library Team : Whats the difference between the Individual and multiple assets investment ?
 
Ms. Hang (RealBox) : Well i must say that he biggest difference and also the biggest advantage is : accessibility! When you enter the real estate market as an individual, you may have many struggles such as: capital must be very large, risk of product evaluation, etc. You also have to buy through brokers, which resulted in not being able to verify the actual value.

But when you go with multiple assets investment: you can invest with less amount, and the number of people who are buying the project also helps to reduce the risk of product value. Therefore, Realbox will tokenize the physical assets into a NFT that will represent a unique product and preserve its current value
 
Crypto Library Team : Do you need any license or permission legally to use the project? What kind of work have you done on legal regulations, do you have the necessary licenses and permits?
 
Ms. Hang (RealBox) : Yes, since appliable technology in real estate remains a new field in Vietnam we had to make a lot legal preparation. Fortunately, our founding team are experts in Legal work and real estate so we have got all the legal requirements done professionally.
 
This shall be the foundation for the sustainable growth of Realbox in the future on the other hands, the users of Realbox platform is identified by the ownership of NFTs and REB token as we are trying to maintain the decentralization of the ecosystem.
 
Crypto Library Team : IS This Your project only for elite investors, how about others with small funds, is it open to everyone?
 
Ms. Hang (RealBox) : On the contrary, our project is designed to turn all small investors elite investors. Realbox's new revolution concept provides the flexibility of buying a fraction or share of real estate from as little as $100 The new solution to offer co-ownership of real estate by fractionalizing NFTs is the key strategy for Realbox to create a new highly active and efficient real estate market.
 
Crypto Library Team : Do you have Whitepaper if yes, please share it
with as secondly do you have plans for pre-sale? Now where can we Join it?
 
Ms. Hang (RealBox) : First of all, we can see that you have a great interest in our project. And we are so honored to response on this question. We have the complete white paper of our project. Here is the link of our w hite paper : 
https://realbox.io/en/whitepaper
In this version, you can find out credible number research on the potential of real estate market over the world. Moreover, we also provide to investors. We also provide reports on the total value of the real estate market, from which investors can fully see the liquidity of this market.
 
Moreover, we also present details about Realbox project including important parts such as: backer team information, vision & mission, business model & also revenue model. Last but not least, smart investors can read about how we build ecosystem for our project . This is a clear demonstration of the potential and the long term we've been planning on this project for over the last year.
 
We are currently on round 2. In this round, we target to approach Pacific ventures and the total raised from the 2nd private sale is expected to be 3 million USD. Our IDO will be organized in 28/3 - which is the large public sale that we think investors should not miss. The Number of Token releases is only 20,000,000. First come first serve. Our expected price is REB =0.05$ in the IDO round and specially, due to the limited token that be released, we set 100% release at TGE for IDO round. 
 
Crypto Library Team : What benefits will projects get when participating in launching with REALBOX ? In order to become a complete ecosystem that brings a lot of value to both the project and users, what is your priority development goal in the near future?
 
Ms. Hang (RealBox) : Blockchain technology has taken the world by storm via the decentralized finance sector and also transformed the real estate sector and the way we invest in tangible assets. These tokens would be traded securely on a blockchain ledger and are made accessible to worldwide investors. The smart contract in each token would ensure every owner receives their share of the asset’s net rental income.
 
In order to become a complete ecosystem that brings a lot of value to both the project and users, we are focusing on build the strong and supportive community. Therefore, we have finished the community planning already in order to run a series of bounty to build healthy and strong communities on this March.

Within the next 1 month, Realbox will have a series of bounty events with a total prize pool of up to 3000$. Participants have to interact in a series of quiz challenges. If you guys are interested in our project, it's really impossible to get big prizes!! Do not miss it guys!!
 
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