Hello,
My only question is why do you need a token, let alone your own token for a per to per property portal? Why can't you an already existing infrastructure, such as Hyperledger?
Hi, thanks for your question.
Ok basically right now in the UK the government doesn't allow for property sales to be completed on the blockchain though they are in discussion to change that legislation and are looking to work with private companies in that area to help create that solution
(Source).
The token sale is to help us raise the funds to complete our property portal as we planned to use tokens on the platform anyway as platform credits. We are 90% complete with our beta version but for the full version we need further funding. Once the UK Government have changed legislation to allow property transactions to be completed using the blockchain, we will make a decision on whether to build on the blockchain or use hyperledger based on the need of the industry. We are creating an ERC20 token which can be used on the platform to sell or rent property on the platform, advertise on the platform or sell to other users on the platform.
Petros
