How a group of mate’s WhatsApp chat turned into a multi billion £ enterprise…

FineRes
2 min readMay 20, 2021

It all started with 3 or 4 of us cramping the style of our mate’s WhatsApp chat with too much crypto talk. A splinter chat developed… and evolved…

Soon after ‘Crypto Coffee Chat’ was 8 participants. With backgrounds in Real Estate, Property Development, Insurance & Macro Finance, Film Production, a Doctor and a Lawyer in 1 body, Telecommunications, Account Management and Pharmaceuticals, the founding members ceased the day and made their fortunes backing a simple but ingenius crypto moon shot…

This was their idea…

The FineRes token will tokenise the whole process of estate agency, to the benefit of all stakeholders. A world where…

A customer will be an investor and vice versa

Utility tokens will play an active role in this new system. A consumer who buys a utility token supports the network stability and liquidity. The more purchases and sales of services or goods happen in the network, the more effective the network will be. The use of utility tokens by new users increases the value of the tokens and consequently the investment value of the other users. More importantly, an investor using the utility token will increase the value of its investments while providing a better network for another user. Therefore, the distinction between stakeholders will fade: a customer will be an investor and vice versa. A business company based on utility tokens will potentially be favoured by a positive escalation effect where use of tokens will benefit users and the platform originating a self-enforcement mechanism.

Initially the founding members didn’t know where to start, they just knew they were on to something and between them, something would cook.

So they started dabbling in crypto. One thing that became apparent was that all successful projects started with a community. In fact it was

community first, enterprise to follow

And there you have it… stay tuned for the next chapter…

In the meantime, here’s a random picture of a woman…

Photo by Chalo Garcia on Unsplash

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FineRes

Personal Service. Fine Homes. Bringing blockchain to the Property Industry.