RxEAL, a brand new platform for safe rental deposit storage on Ethereum blockchain, has simply launched its token presale. RxEAL goals to resolve the issue of the rising variety of safety deposit disputes, by offering a easy option to create sensible contracts and providing a decentralised dispute decision. At present, the corporate’s fundamental focus is on actual property and automotive rental markets. The token presale will stay open to buyers till the 31st of December 2017; the precise ICO will begin on the 31st of January and can final till the start of March.
A REAL-LIFE SOLUTION TO A GROWING PROBLEM
Extra folks than ever earlier than are concerned in actual property, automotive and different rental transactions, leading to extra disputes about safety deposits yearly. A big quantity – virtually 50% – of all safety deposits globally are topic to disputes that destroy worth for everybody — each lessors and their lessees. 6,00zero,00zero,00zero EUR are yearly misplaced as a consequence of disputes within the UK alone.
“Our mission with RxEAL is to have a world the place no safety deposit is disputed. To create extra worth for shareholders of lessors and in addition profit the lessees. Utilizing blockchain know-how, this may be completed in a safe, easy and accessible manner,” says Dmitris Orlovs, co-founder and the top of enterprise technique of RxEAL.
The RxEAL platform is an answer for eliminating the rising variety of fraud instances in rental transactions related to unfair withholding of funds from the safety deposit on the finish of the rental settlement. Inside the RxEAL platform, customers are capable of generate sensible contracts primarily based on phrases each events have agreed on. The contract will be certain that the deposit quantity could be saved securely on Ethereum blockchain all through the course of the settlement. Within the occasion of a dispute, the platform will present a decentralised and impartial arbitrage carried out by certified members who earn RxEAL tokens for resolving the dispute. The RxEAL strategy eliminates the potential for breaching the contract phrases, therefore fixing the difficulty of belief related to rental deposits.
THE LATEST WAY TO PROFIT FROM REAL ESTATE
With many new ICO initiatives rising and plenty of not making it to the highest, business consultants say that RxEAL is an accessible future resolution, which is comprehensible and lifelike sufficient to contemplate investing in it.
Janis Murmanis, companion at Timbero Latvia Ltd building firm, is satisfied that: “That is an innovation for the business that’s in a relentless want for upgrades and options to resolve long-standing issues, from which one of many largest is, in truth, deposits. RxEAL is easy and accessible in its mechanics, which makes it the newest option to revenue from the always-great actual property business,”
To search out out extra, go to the RxEAL official web site: https://rxeal.com
Presale: December 4th, 2017 at 12:00 UTC
Presale ends: December 31st, 2017 at 12:00 UTC or upon reaching the presale cap.
*Presale contributors can purchase RXL tokens with 100% bonus at a hard and fast fee of zero.00125 ETH.
Begin date: January 31st, 2018 at 12:00 UTC
Finish date: March 2nd, 2018 at 12:00 UTC or upon reaching the token sale exhausting cap.
The put up RXEAL: A FIX FOR SECURITY DEPOSIT DISPUTES .