This is a scamcoin. More details here:
https://bitcointalk.org/index.php?topic=2014062.120
RE: REcoin: The first real estate-backed cryptoneton, confirms pre-sale dates and ICO
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REcoin: The first real estate-backed cryptoneton, confirms pre-sale dates and ICO
Thanks for the heads up. I'm a real estate broker and got an email from this guys so I started digging.
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