Rento

Rento is proposing a global sharing platform for businesses and individuals that allows renting of underutilised assets. Unlike competitors in the market, Rento provides rental of any item to any individual, rather than focusing simply on one market (cars, apartment share). Furthermore, Rento leverages blockchain technology to implement a trusted economy through smartcontracts that ensure rental conditions are met and that the parties can count on one another to deliver and return the product or service. Rento aims to introduce the sharing economy in the daily lives of people everywhere, reducing waste in the economy and allowing more people to enjoy a variety of services and products without having to shoulder the cost of owning every 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.

Rento proposes multiple products and services segments, with its initial focus on businesses and service providers to populate the platform with a large stock of available resources, ensuring that the platform initially has enough inventory for consumers to find it appealing. Rento will be launching with primary listing segments such as household items like lawn mowers or snow blowers, through more commercial offerings such as shared offices and conferencing facilities, construction equipment, parking spaces, and even underutilized human resources. In addition to developing a sharing platform, Rento plans to set up at least one bricks-and-mortar rental store as a proof of concept for its sharing ecosystem. Considering that the assets to be proposed for listing vary in financial value, the maintenance of transparency is of utmost importance. Also, in the sharing economy, reputation is key, and it’s essential that all information is verified and secure.

 

Features

Rento is an app connecting business owners with clients and rental services with users. It also makes room for the development of sharing economy. Why buy a rotary hammer if your neighbor has one in his garage? Why should your vacuum cleaner stay in the closet for 90% of the time if you can rent it out? On top of that offering your services in Rento gives you additional earning opportunities. And most importantly, why use several different apps to book, rent or share, if all of your needs can be met by just ONE app? Rento is a game changer for millions of devices, books, vehicles and other things that collect dust instead of profits for their owners.

 

Technical Info

Ticker Symbol RTO Start of public sale 10/16/2018 End of public sale 1/31/2018 (2/28/2018 optional) 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
 

Rento Roadmap

  • October 2016 - February 2019 - ICO/Token Sale Event.
  • December 2018 - Release of Rento App.
  • June 2019 - Launch of the Example Rental.
  • July 2019 - Release of Rento Blockchain.
  • Q3 2019 - Rentocoins enter the cryptocurrency market.
 
Bonus Structure
 
$0.01
26,400,000 tokens
Start: 10/16/2018
End: 11/20/2018

$0.02
26,400,000 tokens
Start: 11/21/2018
End: 12/15/2018

$0.06
105,600,000 tokens
Start: 12/16/2018
End: 1/31/201
 
Token Details
 
Ticker
RTO
 
Total supply
600 000 000
 
Token Distribution
60% Technical Development and Team
23% Marketing and Business Development
7% Operations
3% Legal expenses
7% Reserve fund
 
Accepted Currencies
ETH
 
Min Contribution
50
USD
 
 
Additional Details
 
MVP/Prototype
Yes 
 
Platform
Ethereum
 
Whitelist
Yes , from Oct 21, 2018 till Dec 31, 2018
 
KYC
Yes
 
Categories
Platform
 
Company Details
 
Registered Company Name
Rento Limited
 
Registered Country
Malta
 
Company Founded
Sep 18, 2018