RENTO: Creating Ecosystems for The Development of Sharing Economy

RENTO: Creating Ecosystems for The Development of Sharing Economy


ABOUT RENTO

Rento is proposing a global sharing platform for organizations and people that permits the leasing of underutilized resources. In contrast to rivals in the market, Rento will lease anything to any individual instead of concentrating basically on one market (vehicles, condo share).

Besides, Rento influences blockchain innovation to actualize a confided in the economy through keen gets that guarantee rental conditions are met and that the gatherings can rely on each other to convey and restore the item or administration.

Rento expects to present the sharing economy in the day by day lives of individuals all over the place, diminishing waste in the economy and enabling more individuals to appreciate an assortment of administrations and items without carring the expense of owning each sort of thing they use.

SOLUTION

Rento is making a product answer for people and organizations to share things and administrations that, as of not long ago, should have been bought. The Rento arrangement depends on the expanding "sharing economy" showcase, yet rather than a spotlight on one vertical, Rento is giving an entire arrangement, including shrewd contracts, for anybody to lease or get anything or administration. Similarly that online business destinations, for example, eBay don't constrain themselves to one sort of thing, Rento is giving the sharing economy commercial center. Rento is utilizing blockchain innovation for the shrewd contracts that guarantee trust all through the framework.

The idea of sharing economy is worked around the utilization of financial assets to their fullest potential, and that is actually what Rento is expecting to achieve. Rento proposes a portable application (and web stage) that enables clients to list their unused resources for leasing or sharing on its Platform. Each posting on Rento incorporates the key parts of the benefit or asset, for example, its rental cost, accessibility timetable, pictures or video of the real thing, particulars, and terms and conditions explicit to the advantage.

Rento proposes numerous items and administrations fragments, with its underlying spotlight on organizations and specialist co-ops to populate the Platform with an extensive supply of accessible assets, guaranteeing that the Platform at first has enough stock for customers to think that it's engaging. Rento will dispatch with essential posting fragments, for example, family things like garden cutters or snow blowers, through progressively business contributions, for example, shared workplaces and conferencing offices, development gear, parking spots, and even underutilized HR. Notwithstanding building up a sharing stage, Rento intends to set up something like one blocks and-mortar rental store as a proof of idea for its sharing biological community.

Taking into account that the advantages for being proposed for posting shift in money related esteem, keeping up straightforwardness is of most extreme significance. Additionally, in the sharing economy, notoriety is critical, and it's fundamental that all data is confirmed and secure.

To this effect, 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
  • Verify the transactions themselves and ensure payment for services as well as compensation through smart contracts for any breaches of the contract

MARKET

Cell phone clients in Europe are the essential target advertise for the Rento Platform and App. Due to Europe's high cell phone infiltration, it offers the perfect socioeconomics for Rento's underlying dispatch.

COMPETITION

Rento expects to grow the sharing economy to immaculate enterprises, and it will very likely face hardened rivalry from built up players. Airbnb, working in the friendliness/land rental space, and Turo, working in the individual vehicle rental space, are among its essential rivals. In any case, these contenders are restricted in both their span and the scope of things advertised.

For instance, Airbnb is centered just around the rental of get-away spaces, though numerous individuals require transitory office space too. Turo isn't the agent in numerous topographical territories.

Moreover, none of these oblige organizations. In business, numerous sorts of gear can be shared, yet there is no advantageous method to gain admittance to other individuals' hardware, and there is no guaranteed approach to confirm trust inside the frameworks. From cultivating to development to office hardware, the potential for the sharing economy is colossal.

MISSION

Empowering individuals to wind up a piece of the worldwide sharing economy and offer their unutilized resources effectively.

The idea of sharing economy has been by and by for quite a long time, both at a man to-individual dimension and at a higher agent scale. Time-shares, cultivating cooperatives, and casual game plans enable a gathering of individuals to share one costly asset among them. With the spread of the web, the sharing economy display has seen monstrous development due to the capacity to impart to individuals you have never met through brought together associations that guarantee trust.

Over the previous decade, the world has seen little new businesses transform into multibillion-dollar organizations (Uber, Airbnb). In spite of the achievement of sharing-based organizations around the world, the sharing economy display hasn't achieved its potential and has different dangers related wtoits mass selection.

Current Trends in the Sharing Economy
Uber is outstanding amongst other instances of the sharing economy. Unexpectedly, the Company does not possess its very own vehicles is as yet one of the biggest tax benefits on the planet.

The Company characterizes itself as an innovative venture that offers a stage for cab drivers and suburbanites to work together. As per an ongoing report, Uber is said to have a market valuation of generally $70 billion, bigger than the market top of Delta Air Lines and other customary transportation organizations.

So also, Airbnb esteemed at over $31 billion, is the biggest cordiality organization on the planet yet possesses no inns. Ola, an Indian taxi-riding stage, is additionally prevailing in the sharing biological system.
  • Uber and Airbnb illustrate the profitability of a global sharing economy.
  • The industry is likely to grow from $14 billion to $335 billion between 2014 and 2025.
  • The growing market of the smartphone is a key growth driver for app-based sharing platforms.
  • Demographics: Millennials are at the center of the sharing economy, but they are not the only generation using these services. The adoption rates are growing for all ages and economic backgrounds.
  • Popular examples: ShareGrid, BoatBound, Uber, Airbnb, Trringo, Ravgo, Rent the Runway.
  • Economic impact: Survey research revealed that 80% of people participating in the sharing economy are ready to pay more for durable and high-quality products.

BLOCKCHAIN: HOW IT CAN REVOLUTIONIZE OUR INDUSTRY

Blockchain technology provides opportunities in the sharing economy due to its immutable records, transparency, and smart contracts.

Blockchain technology can:
  • Introduce transparency
  • Lower transaction charges
  • Limit fraud
  • Offer risk protection with smart contracts

RENTO: TAKING THE SHARING ECONOMY TO P2P 

Rento intends to build up a sharing biological community that drastically expands the range of the sharing economy past the current ventures, for example, transportation or neighborliness. Rento intends to build up a stage that makes the sharing of ordinary items and administrations less demanding, and actualizing sharing crosswise over various ventures. Furthermore, Rento uses blockchain innovation to anchor worldwide exchanges and shrewd contracts to encourage security stores. 

The key parts of Rento's environment are:
  • Rento App
  • Rento Blockchain
  • Rento Model Store

COIN/TOKEN ECONOMY

Rento is raising assets for the advancement of its worldwide leasing/sharing Platform. Assets will be utilized for the regular activities, advancement, showcasing, and extra business arrangements of the Rento Platform.

TOKEN ECONOMY

Token Specifications
  • Token name: RENTO
  • Token symbol: RTO
  • The total of tokens: 600,000,000
  • Number of decimal places: 8
  • Token Standard: ERC20
  • Network Base: Ethereum Network
  • Tokens for sale: 264,000,000
  • Cost per token: $0.01 ~ $0.12

ICO ORGANISATION

ICO Stages
  • Rento token will be available to purchase in 4 stages:
Stage 1:
Price: $0.01
Timeline: 16.10 - 20.11.2018
Amount of tokens available: 26 400 000 RTO

Stage 2:
Price: $0.02
Timeline: 21.11 - 15.12.2018
Amount of tokens available: 26 400 000 RTO

Stage 3:
Price: $0.06
Timeline: 16.12.2018 - 31.01.2019
Amount of tokens available: 105 600 000 RTO

Stage 4: (Optional)
Price: $0.12
Timeline: 01.02 - 28.02.2019
Amount of tokens available: 105 600 000 RTO

Purchase of Rento tokens

Buy of Rento tokens is conceivable through Rento Website. So as to purchase Rento tokens, You should sign into the financial specialist board by clicking Investor Login catch in the upper right corner of the site. In the wake of signing in we expect You to experience our KYC procedure. Photos of Personal ID Card (or Passport) alongside an archive demonstrating living arrangement address are required. It would be ideal if you see underneath our KYC/AMl process.

There is no direct sale over smart-contract. To purchase Rento tokens You must:
1. Choose means of Payment:
  • Fiat
  • Crypto
2. Chose the crypto/fiat currency You want to pay in
For fiat:
  • Euro
  • USD
  • PLN
For crypto:
  • Bitcoin
  • Bitcoin Cash
  • Litecoin
  • Blackcoin
  • Dash
  • Decred
  • Digibyte
  • DogecoinEthereum Classic
  • Ethereum
  • Game Credits
  • Komodo
  • NEO
  • PotCoin
  • Qtum
  • Vertcoin
3. Send the transaction
4. Withdraw tokens to external wallet

TWO-STAGE ICO

Rento Tokens
The Rento Token is intended for discharge on digital money trades. While the underlying Rento Token depends on ERC 20, the Company intends to exchange Rento onto a PoA Blockchain. While all exchanges inside the Rento App will be founded on keen contracts and it will be conceivable to make exchanges and security stores in all monetary forms (crypto and fiat), the expense for savvy contracts and exchanges will be payable in Rento Tokens as it were. 

RentoShares
On the off chance that Rento gets a permit for issuing a security token later on, the Company intends to issue partakes in the Rento organizations so all individuals who put resources into RentoShares will get profits, have a say in the organizations' advancement, and so forth. The buy of RentoShares will be conceivable just for Rento Token holders or members, as they would have special conditions for turning into a Rento investor.

TOKEN DISTRIBUTION

Tokens for sale: 264,000,000
Owner's Tokens: 305,000,000
Tokens for Bounty: 6,000,000
Tokens for Team and Advisors: 25,000,000

FUND DISTRIBUTION

App Development: $4 784 500,00
Team and office: $6 863 500,00
Marketing: $6 445 000,00
Licensing: $160 ,000
Assets $1 547 000

TARGET MARKET

Rento is situating itself as a prime sharing stage for cell phone clients. Considering the pervasive cell phone entrance in Europe, particularly Western Europe, this holds the correct statistic blend for Rento's dispatch. 
  • Smartphone Users
  • Business and Service Providers

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 (OPTIONAL, 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)

To find out more information about RENTO, please click the following link:


BitcoinTalk Username: gunnerslon
BitcoinTalk Profil Link: https://bitcointalk.org/index.php?action=profile;u=1517574
ETH: 0xE2Eea3fB4e2019a0789738Ec5D8f232bCb1f73b9

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