12/02/2018
Rentberry provide platform for renting house in long term, allow renter and tenant to complete all work related to renting fee at a specific location
With a view to transfer current Rentberry platform, Rentberry ICO has begun since 2015. At the moment, long-term renting platform manages every renting step including opening renting house for payment
Rentberry increases transparency for renters using auction protocol where renters could customize their supply basing on competition and demand for a specific asset. The protocol also provide tenants with renting location calculated based on review, public information and renting history
Rentberry use block chain to deploy token code (BERRY) to current Berry ecosystem. Berry is used for paying renting fee and other third party’s service such as maintenance and hygience as well as allowing to share renting fee
Token
Rentberry has plan to use mobilized funds to promote their internation expansion and develop new features including scoring system for renters, algorithms for seeking luxurious department and Crowdsoursed community expansion.
Token: BERRY
Price: 1 ETH = 2,500 BERRY
Acceptable: ETH, BTC
Minimum investment: 0,1 ETH / 250 BERRY
Soft cap: 3,000,000 USD
Hard cap: 30.000.000 USD
Nation: USA
Development team
Rentberry has been available since 2015 and has head-quarter in San Francisco, CA.
CEO – Alex Lubinsky – is a financial analyst in Cisco, a consultant at Deloitte and works for several investment company.
Risk
Rentberry team have many tasks when mentioning to hiring new people
Their exclusive scoring protocol for renters would definitely need data to work effectively. Being one of main selling points for tenants, renter’s scoring system depends greatly on how to accept renters which could cause this process a bottleneck. Their purpose is to process 500000 renting application with 1000000 rental properties by 2018 then 3.5 millions of renting application with 6 millions of renting property by 2019
I have a little caution with their ICO reward structure. I understand usage of bonus is to strengthen motivation. However, when investors hear about ICO moving forward and find they are having unfavorable terms. They would be less likely to buy platform. The ICO bonus structure is as below:�
+ 5 – 19.Dec: 1 ETH = 2,500 BERRY + 33% bonus
+20-26.Dec: 1 ETH = 2,500 BERRY + 27% bonus
+27.Dec - 16.Jan: 1 ETH = 2.500 BERRY + 20% bonus
+17. Jan – 30.Jan: 1 ETH = 2.500 BERRY + 13% bonus
+31.Jan – 12.Feb: 1 ETH = 2.500 BERRY + 7% bonus
Growth potential
If you used to rent a location or own a renting property, you can be aware of headache for every new location or renter. What I like about Rentberry is its purpose to make process smoother
As Im living in New York city, transparent renting concept is the best for me. Cities like New York or San Francisco are also suffering from housing crisis due to many reason. And lack of transparency in renting system does not help
BERRY allows foreigners and migrants living in other countries
Detail and link to buy ICO
https://rentberry.cryptonomos.com/
25/07/2017
25/07/2017