Q1. What’s the approximate launch date for the Relex investment platform and what does it depend on?

Keith Hilden: First of all, we had our working platform up and running from December to June. When we started working with Katipult to design a SEC/ FINRA friendly platform that would satisfy their requirements, we took our platform down in the meantime. It’s important to note that even though in a matter of weeks that the platform will be completed, it will not be usable yet. This is because the US authorities require a fully working platform for them to assess. This is done behind the scenes, but we are able to provide some view of the platform in the time being. FINRA assesses our working platform and gives us an answer regarding crowdfunding approval within 60 days. This is why we brought on our samurai lawyer Scott Andersen, the lawyer who was responsible for the most recent successful FINRA applications for a crowdfunding portal within the US. So we are taking every possible step to ensure that the US regulators find our platform to be compliant, useful, and a solution for real estate developers both inside and outside the US.

Q2. What’s the latest news on the Russian expansion?

KH: We have had promising talks with Russian provincial authorities regarding Relex as a solution for their real estate and infrastructure development challenges. Paul and John have been particularly working with authorities in a province just outside of Moscow to determine suitability between Relex and the list of provincial projects. We also have been working with provincial authorities and business leaders in the Vladivostok region, and we find they have been very receptive to the solutions we have proposed.

Q3. What are plans for RLX listings on new exchanges?

KH: Regarding exchanges, we have had multiple exchanges reach out to us. It’s certainly a coin holders market lately, as we see much more interest towards listing us than what we saw before. What is also more promising is that the quality of exchanges that are reaching out continues to improve. We actually recently turned down a HitBTC listing, and we will identify an exchange that is the best fit for RLX holders.

Q4. Is the platform’s source code open to the public (on github.com for example)?

KH: To my understanding, as the platform that FINRA approves involves sophisticated financial transactions, the source code for the platform will not be open source to my understanding. This may be subject to change in the future, however.

Q5. Are you planning to expand your portfolio and which areas are you looking into right now?

KH: Projects portfolio, yes. We are currently looking at projects in the US, Russia, and Myanmar at the moment. Myanmar, specifically Yangon, has been hitting growth rates of as high as 8% GDP for half year 2018. That means the city would grow by 16% per year if it maintains it’s rapid growth pace. Earlier when we were invited by the provincial authorities of Crimea to speak at Yalta, we were one of only 2 other foreign cryptocurrencies invited. During Yalta, we revealed our infrastructure development initiative, connecting India to Thailand via the India Myanmar Thailand Trilateral highway, and laid out a similar model that would be applicable towards Russian rural economic development and connectivity solutions. All this means that there are a lot of projects to choose from to ultimately assess which projects would be most suitable for Relex Development cooperation in not only Russia and Myanmar, but also back home in the US as well. We have a municipal government in the United States that currently considers our solutions for their development aims quite suitable at the moment.

Q6. What’s the latest on Vladivostock and why have you chosen this particular region in Russia?

KH: This is a question that John Bonar is most qualified to answer. The Russian government has in recent public address stated that Vladivostok is to be designated as the crypto capital of Russia, of which two crypto organizations has been established by the regional government. We feel that there are strong signals being put out that Vladivostok is open for business for crypto and blockchain based business, and we intend to be at the forefront of this new trend by embracing the pro-business environment we see in Vladivostok. We have a lot of meetings in this region for cleared land development as well as assistance to existing developers that are looking for better funding solutions to their projects. Additionally, Vladivostok being a 3 to 4 hour plane ride from key cities in Japan, South Korea, and China makes this a very attractive location for us to be based.

Q7. Are the projects going to be partially or fully financed with RLX?

KH: It really depends on the project on a case by case basis, especially in the case there are already pre-existing investors in the project. It’s safe to say that if the project is operating in country that accepts cryptocurrency transactions, RLX will be a major component in each project. More will be known as we continue with our FINRA and Russia Central Bank application, where we will ourselves learn and grow along with our counterparts to see the potential of RLX with bank integration and other innovative strides forward.

Q8. What measures are being taken to prevent RLX price manipulation?

KH: First, regarding price manipulation preventive measures: I encourage everyone to see an earlier Relex release titled: “I hate fraud with a passion.” Director of US Operations Peter Lee previously stated that he abhorred price manipulation practices. Acting as a market maker and getting into manipulative wash trading practices is a line we will be vigilant not to cross. RLX distribution into the market has been extremely gradual, with only 50% of total supply released into the market a year after RLX was launched. We did not do an ICO, and we took a direct to market approach from Day 1 instead. As such, there was no pre-inflated ICO price. We did this because we felt this was a much greater return to the investor in the long run, and we are happy to say that our model worked as intended. We did this to prevent too much money supply entering the system, thereby not deluging the market with money supply. This prevented price inflation, which in turn resulted in a pricing environment that was much more conducive to maintaining value of RLX in the long run. We will on a gradual basis release RLX into the market in order to best support our price stability initiatives as aforementioned.

Article Here: http://telegra.ph/I-hate-fraud-with-a-passion-Peter-Lee-RELEX-Compliance-and-US-Operations-Director-Telegram-User-Base-QA-Session-04-30

Closing Remarks:

KH: Well, thank you Kirill for having arranged this, and I thank our organizers who have put this together. We are excited for the future, as we feel on a global basis our business model and our determined application towards execution will spring forth fruit across many different markets around the world, and we are pleased to be one of the leaders of this transition. As leading business and governments are realizing that there is a better way to approach cross border FDI real estate development and infrastructure development, we are pleased to be the facilitators of this global transition. Thank you very much!

To join the conversation, visit the Relex community:

Relex Real Estate Development Telegram: https://t.me/relex_core

Relex Life Telegram: https://t.me/RelexLife

Relex Real Estate Development website: relex.io

Relex Life website: life.relex.io

Relex Real Estate Development Twitter: https://twitter.com/relextalk

Relex Life Twitter: https://twitter.com/life_relex

Relex Real Estate Development Facebook Page:https://www.facebook.com/relextalk

Relex Life Facebook Page: https://www.facebook.com/relexlifeRLXI/

Relex Real Estate Development SubReddit:https://www.reddit.com/r/RelexRLX/

Relex Life SubReddit: https://www.reddit.com/r/RelexLife/

Relex is available at https://nebula.exchange/.