From time to time, we see outstanding ideas being introduced into the world to solve problems or better the lives of humans on earth. Some of these ideas are fresh ideas which has never been seen or heard of before while others are ideas introduced to improve on already existing ones. The introduction of blockchain technology and cryptocurrency years ago is one of the most outstanding ideas which has ever been introduced on earth. Blockchain offers so many benefits which includes transparency, low transaction charges, limit fraud and also offer risk protection with smart contracts. Today we continue to see so many ideas being developed using the blockchain technology as it is currently one of the most advanced technology in the world today. One of such ideas which is being developed using blockchain technology is RENTO.
For so long, the sharing economy has been in existence at a person-to-person level and at a higher operative scale and with the introduction of internet, this sharing economy model saw a tremendous growth as it offered people an ability to share with people they have never met through centralized organizations that ensure trust. Though the sharing economy has witness so much success around the globe, the model hasn’t reached its potential yet and has some risk associated with its mass adoption. The sharing economy is seen to be limited to a handful of industries which includes hospitality automobiles and real estate. Also, there is need to install multiple applications as the growing number of applications fight for users’ mobile computing resources and customers find it inconvenient maintaining multiple apps.
These issues are the reasons why Rento is being introduced to give a long lasting and highly improved solution to the world. Rento is offering the world a global sharing platform with which businesses and individuals can rent underutilized assets. Rento will be renting any form of item to anyone instead of focusing on one market (like apartment, cars). Rento will leverage blockchain technology to implement a trusted economy through smart contracts which will ensure rental conditions are met and parties can count on one another to deliver and return the product or service. Rento’s aim is to introduce the sharing economy in the daily lives of individuals reducing waste in the economy and also allow everyone to enjoy variety of services and products.
Also, software will be developed by Rento to offer solution to individuals and businesses to share items and services which till now needed to be purchased. Rento is using smart contracts to provide solution for all who wish to rent or borrow any form of item or service. Rento will develop a mobile application and also a web platform which gives users an opportunity to list their unused assets for renting or sharing on the Rento platform. Listing on Rento includes key aspects of the asset or resources which includes rental cost, availability schedule, images or video of the actual item, specifications and also the terms and conditions specific to the asset. Multiple products and services segments are being proposed by Rento while having its initial focus on businesses and service providers that will populate the Rento platform with a large stock of resources that are available and also ensure the platform initially has enough inventory for consumers to find it appealing. Primary listing segments will be launched with Rento like household items such as lawn mowers or snow blowers, through more commercial offerings like shared parking spaces, shared offices and conferencing facilities, construction equipment and also underutilized human resources.
Rento as a unique company will be utilizing blockchain technology to ensure there is great reduction in friction for transactions, ensure maximum security for both local and international transactions, utilize smart contracts for security deposits, make sure all reviews of items lenders, borrowers, services and items are real and verified and lastly verify transactions themselves, ensuring payment for services as well as compensation through smart contracts for any breaches of the contract.
MISSION OF RENTO
Rento has a unique mission to enable people become part of the global sharing economy and share their unutilized assets easily.
TARGET MARKET OF RENTO
Rento’s primary target market are users of smartphones in Europe as Europe has high smartphone penetration offering the ideal demographics for Rento’s initial launch.
ECOSYSTEM OF RENTO
Rento’s ecosystem has three key components which are;
• Rento app
• Rento Blockchain
• Rento model store
ADVANTAGES FOR CONSUMERS / LISTING CUSTOMERS
Customers and listing customers will enjoy some great benefits which including;
• One-stop hire
• Revenue generation with unutilized assets.
• Ability to rent anything.
• True reviews.
ADVANTAGES FOR BUSINESS OWNERS AND SERVICE PROVIDERS
The benefits which business owners and service providers will enjoy includes;
• Guaranteed payments and repair in case of damages.
• Revenue generation from unused resources.
• Good access to new customer base.
• On-demand access to hardware and manpower
• Improved reputation.
TOKEN DETAILS
Token name: RENTO
Token symbol: RTO
Total number of tokens: 600, 000, 000
Number of decimals: 8
Token standard: ERC20
Network Base: Ethereum Netowkr
Tokens for sale: 264, 000, 000
Cost per token: $0.01 - $0.12
ICO DETAILS OF RENTO
FIRST STAGE
Date: 16/10/2018 to 20/11/2018
Price: $0.01
Number of tokens for sale: 26, 400, 000 RTO
SECOND STAGE:
Date: 21/11/2018 to 15/12/2018
Price: $0.02
Number of tokens for sale: 26, 400, 000 RTO
THIRD STAGE
Date: 16/12/2018 to 31/01/2019
Price: $0.06
Number of tokens for sale: 105, 600, 000 RTO
FOURTH STAGE:
Date: 01/02/2019 to 28/02/2019
Price: $0.12
Number of tokens for sale: 105, 600, 000 RTO
Individuals can purchase desired amount of tokens by going to the website and logging into the investor panel then clicking on the investor login button at the upper right corner of the website. Next complete your KYC. You can choose any means of payment which is either by fiat or crypto. Euro, USD and PLN are the accepted fiat currencies for the purchase of RTO. The cryptos which Rento accepts for purchase of RTO include Bitcoin, Litecoin, Dash, Bitcoin cash, Decred, Ethereum, Digibyte, Komodo, Dogecoin, Ethereum classic, Vertcoin, NEO, Qtum and Potcoin. Transactions can be sent after selecting means of payment after which withdrawal of tokens to external wallet can be made. The KYC process is very important as without it investors can not withdraw their tokens to their wallet though they can purchase the tokens on the site without performing KYC, For the KYC, participants will be required to provide documents like government issued ID, passport details or any other valid proof of address.
DISTRIBUTION OF TOKENS
Team and Advisors: 25, 000, 000
Owner’s token: 305, 000, 000
Tokens for bounty: 6, 000, 000
Token sale: 264, 000, 000
ALLOCATION OF FUNDS
Team and office: $6, 863, 500.00
Assets: $1, 547, 000
Licensing: $160, 000
Marketing: $6, 445, 000.00
App development: $4, 784, 500.00
RENTO’s ROADMAP
ICO / Token sale event:
October 16 to November 20, 2018: Phase I
November 21 to December 15, 2018: Phase II
December 16 2018 to January 31, 2019: Phase III
OPTIONAL, February 1, 2019 to February 28, 2019: Phase IV
December 2018: Release of Rento App
June 2019: Launch of the Example Rental
July 2019: Release of Rento Blockchain
(3rd quarter of 2019): Rentocoin enters the cryptocurrency markets.
RENT’s TEAM
Mariusz Bulka: Founder
Andrzej Laszczuk: Founder
Ewelina Siewiorek: Business Development Manager
EXPERTS
Artur Hofman: Marketing Expert
Jaroslaw Dziedziol: Blockchain / DLT Modeling Advisor
Adrian Lojek: Business Strategy Advisor
Juliusz Czakon: Product Development Advisor
IIya Panashcenko: PR and community advisor
ADVISORS OF RENTO
• Sachin Bhargava
• Laura Zaharia
• Filip Poutinstsev
• Tudorache Alexandru
• Sukhvinder Singh
• Daniel Skrinnikov
• Raffaele Delia Rotonda
• Rutger van der Weerd
• Orkun Hirlas
• Guiherme Muck.
Rento indeed has come to make the sharing economy a lot easier, faster, safer and more fun for all. I strongly believe this project will be a huge success and I encourage you to have a close look at it. Don’t forget to invest and together lets achieve a great success. Please click on any of the links given below for more details about the project.
Website: http://rento-app.io/
Ann Thread: https://bitcointalk.org/index.php?topic=5074644.0
Whitepaper: https://rento-app.io/assets/whitepaper.pdf
Twitter: https://twitter.com/Rento_app
Facebook: https://www.facebook.com/rentoapp/
Telegram: https://t.me/rentoapp
Instagram: https://www.instagram.com/rento.app/
Reddit: https://www.reddit.com/r/Rento/
Medium: https://medium.com/app-rento
Written by: tszone
Bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=1742409
Wallet address: 0x684c9d1c004AB2023E1d3ae9aEb902B514B703d1
