Rentything

Airbnb For Everything


Rentything is the world’s first decentralized peer-to-peer (P2P) online renting platform using blockchain technology to build a trustable and transparent platform to encourage collaborative consumption and environmental conservation. Rentything’s platform will only use RentyCoins. P2P renting refers to the process of an individual renting an owned good, service, or property to another individual. It is also referred to as person-to-person rental, collaborative consumption, the sharing economy and product service system. For Rentything, P2P renting, is mainly used to describe online-enabled rental transactions between individuals. The rapidly growing demand for collaborative consumption is enabled by a combination of the following trends: - Networking infrastructure and high-bandwidth penetration reaching a level allowing social networks and consumer-to-consumer marketplaces - Limited storage space in dense urban environment preventing consumers from keeping all the goods they occasionally use - Increasing environmental concerns of consumers leading towards limitations of waste of resources and over-consumption - Evolution of consuming behaviors from owners to users

Internet Platform

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ICO PROFILE
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TEAM
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VISION
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PRODUCT
Ended
Token RTC
Platform Ethereum
Price 10,000 RTC = 1 ETH
Country Hong Kong
ICO Start Date 28 Feb 2018
ICO End Date 31 Mar 2018

About Rentything

The emergence of blockchain technology and virtual currencies opens up opportunities to create truly global marketplaces that are not restricted by factors such as regional currencies. This trend builds on the global expansion of peer-to-peer (P2P) sharing marketplaces and on-demand services.

The Rentything platform aims to create the world’s first global P2P rental marketplace ​that utilizes its own cryptocurrency, RentyCoin, to create value for owners and renters. RentyCoin is built on blockchain technology supported by a distributed network, providing a secure platform for verifying user identity, credit scoring, and enforcing transactions.

As a rental marketplace established in 2012, Rentything new platform landing page has already attracted thousands of subscribers. The goal of Rentything is to reduce the risk and costs of rentals for owners and renters to facilitate the next evolution of the sharing economy for any item users want to list.

Using a single currency, we remove transaction costs from payment gateways and financial institutions for a global user base. In addition, our renting platform is no longer just a single instance database but a truly secure, trustable, innovative, robust, stable, reliable, transparent P2P distributed online renting platform.

The new Rentything Platform ​will have the following features:

  • User tokens ​that users are the sole owners of and can also profit off of opt-in authorized data sales
  • A proprietary renter scoring system
  • RentyCoin (RTC) ​currency based on EIP-20 used for all Rentything transactions and available for use on other marketplaces in the future

This initial coin offering (ICO) is meant to convert our business into a truly decentralized token ecosystem that drives the growth of the Rentything P2P marketplace and provides the capital which will allow us to address the growing international demand for Rentything.

Team

Milestones

  • 1

    Quarter 1 - 3, 2017

    Market research, feasibility assessment and planning

  • 2

    Quarter 4, 2017

    Website and whitepaper; demo site and community building

  • 3

    Quarter 1, 2018

    RentyCoin Presale

  • 4

    Quarter 2, 2018

    ICO; Rentything website alpha.

  • 5

    Quarter 3, 2018

    Rentything Platform launches; build user base.

  • 6

    Quarter 4, 2018

    Public launch and community growth.

  • 7

    Quarter 1, 2019

    Refine product and add features based on user behavioural data and feedback.

  • 8

    Quarter 2, 2019

    Acquire and merge with major competitors and integrate RentyCoin into their system.

  • 9

    Quarter 3 - 4, 2019

    Unify all rental platforms acquired to use blockchain technology and RentyCoin for transactions.

Financial

Token Info
Token RTC
Token Type ERC20
Platform Ethereum
Price in ICO 10,000 RTC = 1 ETH
Tokens for Sale 25500000
Investment info
Accepting ETH
Distributed in ICO 51%

Others in "ENDED ICO"