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RENTO - Creating Ecosystems for The Development of Sharing Economy

2017 was the year for the cryptocurrency.Many people realized what crypto brings to our world and they saw the huge potential that many cryptocurrencies have.The way the world is function is potentially changing thanks to the blockchain technology. This revolution has the potential to sweep away traditional power-bases and institutions and pave the way for genuine diversity and people power, providing unprecedented access to technology, data, and control regardless of location, status or identity. Let's talk about a revolutionary platform RENTO  a global exchange platform for businesses and individuals that allows you to rent assets. Unlike competitors in the market, Rentoprovides rental of any object to any person, instead of just focusing on one market (cars, apartments). In addition, Rento uses blockchain technologyto introduce a robust economy through smartcontracts that enforce lease terms and that the parties can count on each other to deliver and return a product or service. Rentoseeks 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.
The concept of sharing economics is based on the full use of economic resources. And that is exactly what Rento is aiming for . Rento offers a mobile app (and a web platform) that allows users to list their unused assets for rent or share on their platform. Each Rento listing includes key aspects of an asset or resource, such as the rental price, availability schedule, image or video of the actual item, specifications and conditions specific to the asset.
The company Rento offers several segments of products and services, focusing primarily on enterprises and service providers to complete the platform a large supply of available resources to ensure that the platform will initially be enough resources for consumers to find her attractive. Rento will be launched with primary listing segments, such as household items, lawn mowers or snow blowers, at the expense of more commercial offers, such as joint offices and conference rooms, construction equipment, parking spaces and even human resources. In addition to developing an exchange platform, Rento plans to create at least one brick and mortar rental store as proof of the concept for sharing an ecosystem.
The purpose of Rentois 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 IS THE 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.
Rento Token is intended for release on servers with cryptocurrencies. Although the initial Rento token is based on ERC 20, the company plans to move Rento to the Proof-of-Authority Blockchain . Although all transactions in the Rento application will be based on intelligent contracts, and it will be possible to make transactions and security deposits in all currencies (crypto and fiat), smart contracts and transactions will be charged only in Rento tokens .
HomeRentoRENTO: Creating Ecosystems for The Development of Sharing Economy
RENTO: Creating Ecosystems for The Development of Sharing Economy
Baron Cukucruëp December 13, 2018
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 DETAILS
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 currently no Rento token market , and it is possible that such a market may not arise or be sufficiently liquid in the future due to various circumstances, including, among other things, the limited ability to transfer the rights granted by the token. Accordingly, users will not be able to dispose of their Rento token or to exercise or dispose of any rights.
ROADMAP
TEAM
ADVISORS
FOR MORE INFORMATION PLEASE VISIT THE LINKS I HAVE PROVIDED BELOW;
Author: BrainerdPaul
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409

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