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/biz/ - Business & Finance


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File: 10 KB, 200x195, Relex.png [View same] [iqdb] [saucenao] [google] [report]
12819315 No.12819315 [Reply] [Original] [archived.moe]

Relex is an investment platform that uses cryptocurrency to improve traditional investments. The token is used to secure an investment through the smart contract, an aspect that guarantees repayment (through ETH dividends).

Why is this token necessary?
Relex improves traditional investment structures in a number of ways. The first is that it simplifies international investing: rather than going through an intermediary, investors can directly use RLX tokens to invest in Canada, Vietnam, the UK, or anywhere else across the world.
The team’s goal is to make investing easy. Traditional investing is often available only to accredited investors, through expensive advisors, and requires paperwork that are either in foreign languages or need an intricate knowledge of labyrinthine investment protocols.
Through Relex smart contracts, investing becomes simple: put your money into a smart contract and enjoy guaranteed returns. That right, many of these investments have guaranteed % returns, so perpetually.

Cont.

>> No.12819320
File: 47 KB, 779x209, Woodfine Capital.jpg [View same] [iqdb] [saucenao] [google] [report]
12819320

Who can use this token?
Unlike many competitor tokens that have had ICOs and thus ruled out a US investment, Relex did not have an ICO.
As someone who personally believes that companies that have not yet proven their valuations of $50,000,000 should not be handed this money before doing any work, Relex choosing to not have an ICO makes me feel more confident that this company will work hard to prove its value. Too many cryptos just rake in profits from an ICO and then exit scam. Relex, which did not have an ICO, must work hard to earn its value, and it’s doing just that.
In addition, Relex has an office in New Jersey. You’ll be hard-pressed to find another blockchain company that puts a United States address down; most companies flee overseas to avoid regulation, compliance, and/or prosecution after an exit scam. Relex did not: they have an office in NJ and their parent company, Squawk Advisors, is from Chicago.
Relex is also in process of receiving approval from the SEC and FINRA. Relex is CIF indexed through its parent company, Squawk Advisors, with the SEC.

>> No.12819332

FUCKING STOP SPAMMING THIS SCAM HERE

>> No.12819338
File: 305 KB, 1440x872, Real Estate.jpg [View same] [iqdb] [saucenao] [google] [report]
12819338

What else is exciting and/or upcoming?
- Already existing partnerships with Woodfine Capital Projects (who has developed properties such as Walmart, Empire Group (developing Cocobay in Danang, Vietnam, a luxury tower with footballer Cristiano Ronaldo as spokesperson), and Nam Hai (developing Marine City). You may not have heard of these unless you’re in the real estate development world, but these are billion dollar partnerships.
- An upcoming 1:1 airdrop in which all holders will get a free Relex Health investment token, signaling their new partnership with Aura Health, a company that holds the patent to Aura Inhale (which holds a patent on inhalable Viagra) – other partnerships and patents pending
- Current exchange listings on IDEX (of which the downtime has hurt trade volume), EtherDelta/ForkDelta, Stocks.Exchange, Sistemkoin, and the newly launched Nebula Exchange
- A likely upcoming exchange listing on HitBTC
- An expansion to Vladivostok, Russia; Vladivostok Is a port city near Korea, China, and Japan. It is also known as the cryptocurrency capital of Russia, chosen as the center for two Russian government crypto agencies
- Despite its small size, Relex has a very active community in Telegram, Discord, and a SubReddit.
- Relex currently has under a $10,000,000 marketcap despite having an enormous investment portfolio and an established parent company – the potential for growth is huge
- Relex has 2 billion tokens total and runs on the ERC-20 network.
- With FINRA approval, the coin would also launch crowdfunding, which would allow even smaller investors to make guaranteed % return investments in real estate or in healthcare

>> No.12819345

>>12819315
Just got my 200k buy order filled. Thanks anon.
See you in my Lambo while you are driving your Lambo next to me.

>> No.12819348

What are some concerns and/or points of contention?
1) Why did I write this? Well, I support this coin. I want it succeed. I do so because I believe in it for the reasons above, and more. I promote it because I think it’s legitimate, moreso than the many scams out there. I would like other people to invest in companies that are working their butts off rather than for crypto companies more concerned about an image and a lucrative ICO.
2) The partnerships seem major but they have all been independently concerned by the community
3) The current website and logo design are weak, which is partially due to not having an ICO. It’s harder for a company to focus on marketing without those millions of dollars in starting funds; however, the team has made the many above partnerships, raised the price of the coin organically due to the partnerships, and is now set for a rebrand in June. This rebrand will launch a new website, a fresh (community-designed) logo, and many of the traditional crypto trappings (probably a roadmap, whitepaper, etc.)
4) Low trading volume – this is caused by 1) a lack of knowledge about the coin due to little early stage marketing, 2) the downtime of its major trading site, IDEX, and 3) holders who are not selling their coins.
5) Regulations – these are being handled by Peter Lee, the US Director of Operations. He is a former VP at JP Morgan and works at Barclaycard in compliance. Compliance is in good hands with him.
6) Is this company real? Yeah, I went to the office in NJ myself. I’m a pretty thorough investor. My other early investment was VeChain when it was sub $1

>> No.12819351
File: 2.29 MB, 3508x2480, indianflag.png [View same] [iqdb] [saucenao] [google] [report]
12819351

>> No.12819369

https://medium.com/relex-cryptocurrency/squawk-advisors-reveals-institutional-investor-and-developer-client-list-with-website-relaunch-130a21f2a739

>> No.12819396

Why RLX token? Couldn’t relex set up the same investment scheme using a smart contract where you invest and get dividends in BTC instead?

Also, guaranteed % returns sounds scammy

>> No.12819430

RELEX PARTNERS AND INVESTORS

>MBMG Investment Advisory is a Thailand-based investment advisory firm that provides customized investment solutions to a wide range of clientele, from individuals to major institutions. MBMG is led by managing partner Paul Gambles, a former mentor to CEO Keith Hilden, and known also as a frequent guest speaker on CNBC’s Squawk Box.

>GIC Private Limited (Formerly Government of Singapore Investment Corporation)

GIC is a sovereign wealth fund, representing the government of Singapore’s foreign wealth reserves, with estimated assets totalling $359 billion USD. GIC is a venture capital firm, with its institutional investments most notably in real estate development. GIC recently said that it sees emerging market disruptors as a buying opportunity.

>Leopard Capital is a private equity fund manager specializing in frontier markets. Led by emerging market pioneer Douglas Clayton, a former mentor to CEO Keith Hilden, Leopard Capital’s investment portfolio includes much of Southeast Asia. The firm is so successful that Stanford Business School created a class to focus on its success. (As an aside, a quick glance at the Leopard Capital webpage is enough to explain the low importance of websites in the private equity world.)

>National Citizen Commercial Joint Stock Bank

NCB has over twenty years of experience gaining the trust of investors, customers, and partners. It was recognized as the Best Digital Bank in Vietnam in 2017, and the Best Financial Advisory Bank in Vietnam in 2016 as elected by Global Banking & Finance Review.

>With more than 20 years of experience in Real estate investment and development, Viglacera is one of Vietnam’s leading real estate and industrial parks developers with a number of large-scale construction projects operating in accordance with international standards.

>> No.12819441

VSIP is one of the largest developers of integrated industrial parks and mixed-use areas in Vietnam. It represents a strategic partnership by the governments of Vietnam and Singapore and has operated for over 20 years. VSIP has attracted investment capital valued at $9.2 billion USD.

Sacomreal

Sacomreal is a real estate developer in Vietnam. Its projects, many in southern Vietnam, have attracted interest from major institutional investors.

>> No.12819464

>>12819396
DYOR

>> No.12819488

lol pnd
Just buy LTO with actual partners already silly

>> No.12819508

>>12819315
>put your money into a smart contract and enjoy guaranteed returns. That right, many of these investments have guaranteed % returns
totally not a scam

>> No.12819567

>>12819508
>>12819488
>>12819396
How fucking actually retarded are you?

If you put your money Quant at $5M marketcap ,and it's now $40M marketcap, you essentially put your fucking money into a smart contract and enjoyed returns (that were guaranteed to some extent since Quant had serious potential.)

Are you fucking stupid?

Why does biz always say this?

"PUTTING YOUR MONEY INTO AN INVESTMENT THAT LOOKS PROMISING = SCAM"

>> No.12819571

>>12819464
Fuck you, you stupid ass motherfucking cocksucking faggot

You started this thread so you could shill this gay ass token, and then when someone asks a question about it you tell them to do their own research? Fucking kill yourself you worthless pile of shit

>> No.12819580

>>12819315
$40k volume, kek

>> No.12819585

this scam brought to you by whale pool cash
@sidartha

>> No.12819596

>>12819396
they couldn't do that actually. the legalities of the project would change and it wouldn't be possible to crowdsource in this way if they were using fiat or another crypto that they didn't originate.

>> No.12819632

>>12819580
>$40k volume, kek

Yeah and a couple days ago it was $3k.

>> No.12819673
File: 40 KB, 500x500, artworks-000306764577-lvq5h3-t500x500.jpg [View same] [iqdb] [saucenao] [google] [report]
12819673

>>12819508
>>12819567

>> No.12819675
File: 62 KB, 1138x382, Relex Chart 0.8M.png [View same] [iqdb] [saucenao] [google] [report]
12819675

Get it while it's sub $1M marketcap while you can frens.

>> No.12819721

>>12819315
fuck it im buying now .

>> No.12819741

https://medium.com/relex-cryptocurrency/squawk-advisors-reveals-institutional-investor-and-developer-client-list-with-website-relaunch-130a21f2a739

>MBMG Group, Thailand-based investment advisory firm
>GIC Private Limited
>Leopard Capital
>National Citizen Commercial Joint Stock Bank
>Viglacera
>VSIP
>Sacomreal

>> No.12819769

This is a telegram group pump and dump be careful

>> No.12819901

>>12819769
ive been in the telegram for a year ... its not a pnd u goof . this is legit price action. and volume is still increasing ... fucking primed for a 3x by the weekend

>> No.12819927

>>12819741
Total AUM of that list is between 400-500bn usd if I recall correctly.

>> No.12819936

>>12819769
You need to suck cock. You don't know what the fuck you're talking about.

>>12819901
This.

>> No.12819945

WARNING!

Do not fall for this!

They didn't had ICO, team is behind 99% of tokens. They don't have technical whitepaper because token is useless.

This is a zero volume scam shitcoin. If you buy now, they will unload their heavy bags for you.

Check the buy wall in IDEX, selling only 3000$ worth will drop the price by 45%.

YOU CAN'T SELL YOUR COINS! THERE ARE NO BUYERS!


DO NOT BUY! THIS IS A DEAD COIN THAT SCAMMERS ARE SHILLING!!

PROOF OF SCAM HERE:

https://www.reddit.com/r/CryptoCurrency/comments/ad5shl/is_relex_starting_to_collapse_this_video_may_be/

https://medium.com/@flatoutcrypto/pump-and-dumps-spotting-the-warning-signs-a7a58906d222

>> No.12819958

>>12819945
lol , dont you get bored of copy pasting this ?

>> No.12820000

>>12819741
it's obvious you work for the team. now fuck off. we already exposed this project and it dropped 95% in 2 months.
>>12819958
and you are coming to his rescue because you are part of the shill team as well

>> No.12820010
File: 102 KB, 946x702, rlx.jpg [View same] [iqdb] [saucenao] [google] [report]
12820010

>>12819901
>the team has been dumping the coin into oblivion to pay their bills.
>the great majority of all volume on this coin for the past few months has been the team dumping.
>you can see yourself on etherscan
>everyone gets pissed
>the ceo announces he'll be buying some coins in the coming weeks.

>legit price action.

>> No.12820042

Tfw stupidly bought the top. Is it ever going above 17 sats?

>> No.12820122

>>12820042
No, absolut titanium resistance

>> No.12820246

>>12819348

Not a bad shill but you should have addressed the inevitable reddit fud that destroyed this token.

>> No.12820285

>>12820246
I have read the Concerning Community document and I'd say that whole scandal is the weakest point of Relex and in the long term the integrity of the developers and community leaders will either make or break that project.

There is very real momentum behind the project and more investments on the way but yeah, it is concerning.

>> No.12820318

>>12820285
well said

>> No.12820507

>>12820285
There is another document that refutes everything. If you read it, you can see that there was a guy that tried to blackmail them into giving him a lot of money, and they declined. He took his revenge by fudding RLX into oblivion. I gotta say, he did a really good job at it.

>> No.12820520

>>12820507
this . exactly . i was in the telegram to witness this

>> No.12820542

>>12820507

The link: https://drive.google.com/file/d/1WjWMbTQ0rGRmf4tuvWQH4ELIlJthcxO1/view

This is a part of DYOR. Read it.

>> No.12821065

>>12820285
>real momentum

Ceo buy pumps the project after JT crushed it with his fudding, dumping and insider trading.

Now they hire literal pajeets to create 10s of threads on /biz/ to shill and pump this garbage.

How people are not going to jail over this project boggles my mind.

>> No.12821093

>>12821065
The only person who should be going to jail over this is the blackmailer. That's you, Jon.

You're a scummy little blackmailer.

>> No.12821230
File: 878 KB, 1795x1795, 1536742907494.png [View same] [iqdb] [saucenao] [google] [report]
12821230

imagine believing that anybody can "fud" all but the shittiest, tiniest, most worthless garbage scam company "into oblivion" by calling it a shitcoin on a telegram channel full of indians

now imagine believing that, and also believing that whoever did it the first time won't just do it again out of spite, the instant your scam company might show signs of recovering

>> No.12821305

>>12821093
Hello JT.

>> No.12821611

>>12821230
You have terrible logic.

>> No.12821780

>>12820246
Not only are you totally wrong, you are also a putrescent mass, a walking vomit. You are a spineless little worm deserving nothing but the profoundest contempt. You are a jerk, a cad, a weasel. Your life is a monument to stupidity. You are a stench, a revulsion, a big suck on a black cock.

You are a bleating foal, a curdled staggering mutant dwarf smeared richly with the effluvia and offal accompanying your alleged birth into this world. An insensate, blinking calf, meaningful to nobody, abandoned by the puke-drooling, giggling beasts who sired you and then killed themselves in recognition of what they had done.

I will never get over the embarrassment of belonging to the same species as you. You are a monster, an ogre, a malformation. I barf at the very thought of you. You have all the appeal of a paper cut. Lepers avoid you. You are vile, worthless, less than nothing. You are a weed, a fungus, the dregs of this earth.

You snail-skulled little rabbit. Would that a hawk pick you up, drive its beak into your brain, and upon finding it rancid set you loose to fly briefly before spattering the ocean rocks with the frothy pink shame of your ignoble blood. May you choke on the queasy, convulsing nausea of your own trite, foolish beliefs.

You are weary, stale, flat and unprofitable. You are grimy, squalid, nasty and profane. You are foul and disgusting. You’re a fool, an ignoramus. Monkeys look down on you. Even sheep won’t have sex with you. You are unreservedly pathetic, starved for attention, and lost in a land that reality forgot.

And what meaning do you expect your delusional self-important statements of unknowing, inexperienced opinion to have with us? What fantasy do you hold that you would believe that your tiny-fisted tantrums would have more weight than that of a leprous desert rat, spinning rabidly in a circle, waiting for the bite of the snake?

In conclusion: FUCK YOU, RELEX IS LEGIT NIGGER!

>> No.12821791

anyone buying this shit right now deserves to lose all their money, fucking stupid brainlet idiots

>> No.12821826

>>12821791

I cannot believe how incredibly stupid you are. I mean rock-hard stupid. Dehydrated-rock-hard stupid. Stupid so stupid that it goes way beyond the stupid we know into a whole different dimension of stupid. You are trans-stupid stupid. Meta-stupid. Stupid collapsed on itself so far that even the neutrons have collapsed. Stupid gotten so dense that no intellect can escape. Singularity stupid. Blazing hot mid-day sun on Mercury stupid.

You emit more stupid in one second than our entire galaxy emits in a year. Quasar stupid. Your writing has to be a troll. Nothing in our universe can really be this stupid. Perhaps this is some primordial fragment from the original big bang of stupid. Some pure essence of a stupid so uncontaminated by anything else as to be beyond the laws of physics that we know. I’m sorry. I can’t go on. This is an epiphany of stupid for me. After this, you may not hear from me again for a while. I don’t have enough strength left to deride your ignorant questions and half baked comments about unimportant trivia, or any of the rest of this drivel. Duh.

The only thing worse than your logic is your manners. I have snipped away most of what you wrote, because, well... it didn’t really say anything. Your attempt at constructing a creative flame was pitiful. I mean, really, stringing together a bunch of insults among a load of babbling was hardly effective... Maybe later in life, after you have learned to read, write, spell, and count, you will have more success.

>> No.12821853

>>12821780
Based as fuck

>> No.12821858
File: 1.87 MB, 187x155, 1549227062637.gif [View same] [iqdb] [saucenao] [google] [report]
12821858

>CEO of scam company market buys ~$10,000 worth of shittoken with the very last of company funds
>India declare it a national holiday and holds a parade in his honor

>> No.12821866

>>12821780
>>12821791
Tl;dr RLX is a scam.

>> No.12821883

>>12821826
kill yourself my man

>>
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