Rento is a global exchange platform for businesses and individuals that allows you to rent assets. Unlike competitors in the market, Rento provides rental of any object to any person, instead of just focusing on one market (cars, apartments). In addition, Rento uses blockchain technology to introduce a robust economy through smart contracts that enforce lease terms and that the parties can count on each other to deliver and return a product or service. Rento seeks to embed the exchange economy in the daily lives of people around the world, reducing waste in the economy and allowing more people to use a variety of services and products without having to assume the cost of owning each type of item they use.
Rento is creating a software solution for individuals and businesses to share items and services that, until now, needed to be purchased. The Rento solution is based on the increasing “sharing economy” market, but rather than focus on one vertical, Rento is providing a complete solution, including smartcontracts, for anyone to rent or borrow any item or service. In the same way that ecommerce sites such as eBay do not limit themselves to one type of item, Rento is providing the sharing economy marketplace. Rento is leveraging blockchain technology for the smartcontracts that ensure trust throughout the system.
The concept of sharing economy is built around the use of economic resources to their fullest potential and that is exactly what Rento is aiming to accomplish. Rento proposes a mobile application (and web platform) that allows users to list their unused assets for renting or sharing on its platform. Every listing on Rento includes the key aspects of the asset or resource such as its rental cost, availability schedule, images or video of the actual item, specifications, and terms and conditions specific to the asset.
The purpose of Rento is to expand the sharing economy to untouched industries. She is likely to face stiff competition from established players. AirBnB, working in the field of rental / lease of real estate, and Turo, working in the field of renting a personal car, are among the main competitors. However, these competitors are limited both in their range and in the range of items offered. For example. AirBnB is only focused on renting space for recreation, while many people also need temporary office space. Turo is not valid in many geographic regions. In addition, none of them serves businesses. Throughout the business there are many types of equipment that can be shared between people but there is no way for people to access other people’s equipment, and there is no sure way to test the credibility of systems. From agriculture to construction to office equipment, the potential for an exchange economy is enormous.
Rento plans to utilize blockchain technology to, secure international and local transactions, utilize smart contracts for security deposits, ensure that reviews of items lenders, borrowers, services and items are real and verified, reduce friction for transactions and verify the transactions themselves, and ensure payment for services as well as compensation through smart contracts for any breaches of the contract.
Main Features
• Renting Everything you want just a click away
• Sharing Millions of devices and products that are just lying around can be put to USE!
• Comfortable All your needs can be met by one interactive, intuitive App.
• Profit from Rento find out what are the benefits of being a Rento Token holder!
• Security: Rento put security and safety of transactions above all else. That is why we are implementing blockchain into our system!
• Cutting edge: all transactions will be done with cutting edge technology! Join us in a new era of renting and sharing.
• Environment for business: Rent is creating a global network of business and clients. An ecosystem for the sharing economy.
• Think global ACT LOCAL: By developing possibilities for sharing, Rento is reducing consumption in the world. Rent out unused devices and make sure our globe is not being polluted!
• Diversification Enjoy the luxury of having options. Don't limit Yourself. Rento - freedom of choice
Benefits for Rento token holders
• Lowest price for Rento token, which will be used as a fee on RentoBlockchain
• Easier for ICO participants to become a Rento Model Store franchise owner
• Cheapest deposit to participate in the Rento Model Store Franchise
• Helping the growth of sharing economy
• Possibility of being a RentoShare holder, after we receive a license
• After issuing of the Security Token, shareholders will receive dividends from company profits
Token Details
• Token name: Rento
• Ticker Symbol: RTO
• Start of public sale: 16.10.2018
• End of public sale: 28.02.2019
• Total supply: 600 000 000 RTO
• Decimal places: 8
• Token standard: ERC20
• Network base: Ethereum Network
• Tokens for sale: 264 000 000
• Owners tokens: 305 000 000
• Bounty tokens: 6 000 000
• Tokens for team and advisors: 25 000 000
• Price range for token sale: $0.01 - $0.12
• Source code: rento-rto-erc20-token
Roadmap
● ICO/Token Sale Event
○ Phase I (October 16 to November 20, 2018)
○ Phase II (November 21 to December 15, 2018)
○ Phase III (December 16, 2018, to January 31, 2019)
○ Phase IV (February 1, 2019, to February 28, 2019)
● Release of Rento App (December 2018)
● Launch of the Example Rental (June 2019)
● Release of Rento blockchain (July 2019)
● Rentocoin enters the cryptocurrency markets (3rd quarter of 2019)
Token distribution
• Owner’s token: 305, 000, 000
• Team and Advisors: 25, 000, 000
• Token sale: 264, 000, 000
• Tokens for bounty: 6, 000, 000
Funds allocation
• Marketing: $6, 445, 000.00
• Assets: $1, 547, 000
• App development: $4, 784, 500.00
• Licensing: $160, 000
• Team and office: $6, 863, 500.00
Website: https://rento-app.io/
Whitepaper: https://rento-app.io/assets/whitepaper.pdf
Bounty BTT: https://bitcointalk.org/index.php?topic=5076209.0
ANN: https://bitcointalk.org/index.php?topic=5074644.0
Twitter: https://twitter.com/Rento_app
Facebook: https://www.facebook.com/rentoapp/
Telegram: https://t.me/rentoapp
Instagram: https://www.instagram.com/rento.app/
Medium: https://medium.com/app-rento
Reddit: https://www.reddit.com/r/Rento/
Written by: thankyoulord
Bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=2076086
Wallet address: 0x2859DD117e5E186B2dec97b50012C66D0E7597Ad
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