RxEAL: The Transparent Rental Business Platform for Everyone

Life, they say, is a renting space. We are renters on this planet. I can't claim that a truer explanation of life on earth ever existed. We are in a sense living on earth as renters. A fixed amount of life and a fixed amount of time and everyone vacates his place for the next one. Aren't our rental businesses similar to our life? Renting our space to others or renting our cars in lieu of earning a living is a serious business. Companies stand on that principle.We cannot deny that. But, like every deal, there exists a dispute and this business is no exception.

We can no longer decide between right and wrong. There is close to 6,000,000,000 euros lost in dispute resolution. And, that's too bad for any industry out there, which is trying to stand firm on its ground. We cannot help but notice that is there a solution to it. The solution of the security deposit is collapsing given a large number of cases, where the renter is not paid his security deposit. A final end, which lets us resolve this issue without financial burden. Can't we think of something, which provides reliability in the deal

RxEAL is here with a better deal which provides the best solution for the real estate and car rental businesses. An approach based on the blockchain technology which allows easy transaction of assets between engaging parties. Ethereum based smart contracts are utilized to create trust and security on the platform.

RxEAL is the platform for reliable and secure storage of guarantee deposits on the Ethereum block chain. It offers a decentralized dispute resolution with a focus on the real estate and car leasing market with a total value of hundreds of billions of US dollars. RxEAL will be made available to other industries that require a fair background storage and dispute resolution.

RxEAL is an instrument that allows you to eliminate a large number of frauds in rental operations associated with the unfair detention of escrow funds when the rental agreement expires, providing an interface for carrying out these activities using intelligent contracts that do not require technical knowledge. RxEAL has not only solved the problem mentioned above, but also provides much faster deposit repayment rates and profitability compared to other solutions outside the chain.

The opportunity to benefit from revaluation of the cryptographic amount in currency if the deposit rate denominated in fiat currency is selected.

Why RxEAL?

It is smart

Within the RxEAL platform users are able to generate smart contracts based on terms both parties have agreed on.

It is secure

The contract will ensure that the deposit amount is stored securely on the Ethereum blockchain throughout the course of the agreement.

It is independent

RxEAL will provide a decentralised and independent arbitrage conducted by qualified members who earn RxEAL tokens (RXL) for resolving disputes

How does it work?

By combining blockchain technology with everyday rental transactions we are able to build an entirely new way for users with no technical knowledge to take advantage of the benefits offered by smart contracts.

RxEAL is an interface designed to create and deploy smart contracts for rental security deposit storage on the Ethereum blockchain in the form of cryptocurrencies providing the ability to interact with the smart contract during the course of the agreement. Additionally, RxEAL provides a decentralized dispute resolution process ensuring the fair and timely security deposit distribution at the end of the contract term.

The owner establishes a smart contract and pays RXL tokens for the implementation.
The customer is notified of the intelligent contract generation.
The customer transfers funds through a smart contract.
If there is a dispute, the mediators will be provided with information supporting the parties' requests and the proposed division of funds for their decision. The person initiating the dispute pays Tokens RXL for the arbitrators
If there is no dispute, the revenues are divided according to the following criteria the terms of the contract.
In the event of a dispute, appeals are allocated according to the decision of the mediators.

Benefits of RxEAL

For Lessor

Added value to the rental product, creating a competitive advantage in the market.
Increased customer base by attracting the rapidly growing cryptocurrency community.
Improved reputation and the level of trust by becoming completely transparent with clients.
Introducing a new blockchain solution is great for marketing communication.
Significantly reduced dispute rates. Dispute resolution cost is less than 10 USD.
The possibility to profit from cryptocurrency price appreciation if selecting fiat currency denominated deposit type.

For Lessee

Security deposit does not need to be handed over to an unknown lessor.
Equal control over the deposit together with the lessor.
Any changes or withdrawals from the deposit must be mutually approved.
Almost immediate deposit return.
Significantly reduced dispute rates. Dispute resolution cost is less than 10 USD.
The possibility to profit from cryptocurrency price appreciation if selecting fiat currency denominated deposit type.

Token Information

RXL token is a crucial element of RxEAL platform and ensures flexibility and control over the project growth. Payments for services, payouts to arbitrators and other interactions with platform will be exclusively conducted in RXL.RXL will be distributed during the token sale. The proceeds will be used for the project development and business expansion according to the roadmap.

Early adopters and token sale participants will be able to first use the RxEAL service at discounted rates once it is available for limited user base as a first phase of the release. Companies and individuals in possession of RXL tokens will be able to first profit from the competitive advantage RxEAL enables.

Being a native platform token, RXL will directly correlate with the success of the RxEAL, resulting in the increased demand for the RXL, therefore benefiting RXL holders.

Token name: RXL

Platform: Ethereum

Type: ERC20

Price from Preico: 1 ETH = 2400 RXL

Price in ICO: 1 ETH = 1200 RXL

Tokens for sale: 53.760.000 RXL

Acceptance: ETH

Distributed in the ICO: 56%

Minimum stop: 800 ETH

Stop Max 27,975 ETH