RENTBERRY - DECENTRALIZED HOME RENTAL PLATFORM

[IMAR]

I've been in a rental industry for 13 years in the middle east. It seems that this project is something very valuable for the industry. Good luck.

[Syroamst]

Rentberry is selected by ICO Drops!    See https://icodrops.com/rentberry/

[sunny.kaushal]

Hello everyone,
just now i join rentberry bounty program.

Merry Christmas to all of you

[tebessum]

I see your progeny positive, I wish success to the team.

[Thanushka47]

This project is looking good and the forum also filled with many good questions with clear answers provided directly by the Redberry team. Good luck with ICO and next steps.

[rentberry]

What are your plans for the future?

Hi,
You may read about the plans in our Roadmap:  rentberry.cryptonomos.com/#product

[Bit_fan_talks]

I dont really get it, maybe because im a european, so can someone please clearify the following:

is auctioning for rental prizes normal in the USA?
I ask this as i have read that they want to expand to europe. BUT, in europe almost all countries have rules and protection for both buyers and sellers. Rental prices can not be auctioned as prices are fixed based on appartment size, condition and stuff like that. In most european countries its highly illegal to do such auctions: you can not ask person A to pay - for example - 1000 a month, and ask person B to pay 300. Thats illegal. We have a point system here which checks the total size, amount of rooms and things like that. based of that outcome there will be a fixed prize range you can use. You can not ask 100k a month for an appartment that is worth 1k a month, even if the demand skyrockets.

So even if the rules in usa are different i see some problems with their "expanding to europe" goals. Sure not all countries here have the same rules, but a succesful usa system doesnt mean its going to be succesful here. Amazon, Uber, Ebay. VISA, Mastercard, they all failed here, nobody uses them here.

there is no transparancy in current offline market, and it cost a lot of headaches for both buyers and sellers?
Again, here in most european countries when a house owner tries to rent his appartment through a third party, that third party can not ask any fee to the person who is going to rent the appartment. That is highly illegal. The fee has to be arranged between the owner and the third party. So, no problems at all. The whole renting market is already transparant here, so i dont see the problem. I do however see problems with Rentberry. They can not ask for a fee to their users here, thats not legal (but ok they probably find a way around this by charging paid access to the website's services or things like that).

And when i read these things:
"Rentberry charges users a $25 fee, but in the future, it plans to charge 25 percent of the difference between the asking price and the agreed upon rent. Whoever received the better deal pays the fee -- every month." i just see a company who tries to make as much money over peoples backs. Dont get me wrong, making money with your business is good, but when you say things like "taking away the middleman," while basically you are adding Rentberry as a "new" middleman (who fills his pockets with even more money), then you dont solve a problem, you create a new problem.

why would anyone even use such token/blockchain system?
Most people dont even know what bitcoin is! It will take years before regular people will trust things like this, and when it comes to houses, people are very careful.

Startup creating new startup?
Also i see that Rentberry has been around since 2015, so basically its still a startup. No problem with that, but a startup wanting to transform into another startup sounds kind of strange/worrying. In my opinion this basically means the first idea failed, or, they start a new idea without completing the old one, which doesnt have to be bad, but it tells something about the people behind it.

The current userbase looks great, but can i find some stats on how realistic those numbers are? I mean, not to be negative, but i can see that the Rentberry ico marketing team is great, as (bought)news coverages are shown everywhere (yet another reason for red flags as basically all news coverage seems to be paid ones), so how can we be sure that all those nice stories and shown numbers are real? I can easily create a fake 120k customerbase with some easy advertising campaigns just to make it look good on the outside. Im not saying Rentberry's data is fake, but are those customers just people who signed up by email (and like almost all email signups, never look at it again) or are they really using your platform on a daily base? If yes you should be able to show us a lot of statistics.

well it's not startup creating a new startup. This is the platform which will gain new features and become decentralized. I would advise to read whitepaper on why blockchain and tokenization is needed in rental. The guys rock!

[asuusa]

Rentberry will start global expansion in 2018. First of all they are planning to expand to Australia, Canada, New Zealand and England. 

[makebitcoincash]

I was taking a look through Rentberry token sale terms and whitepaper. Big red flags (at least to me) appeared  . Asking for wallet private key which I would never give out and would avoid anyone who would ask. I'll be giving this a pass.

Straight out of their token sale terms:

"Contributions to be made in ETH must be sent from an Ethereum wallet in
respect of which you can identify your private key. Your private key shall be
required to verify your ETH contribution to Rentberry and to enable Rentberry to
issue BERRY Tokens to you through the Smart Contract System."

-Similar in regards to bitcoin contributions.

"Risk of Losing Access to BERRY Tokens Due to Loss of Private Key(s).
BERRY Tokens purchased by you may be held in a digital wallet or vault, which requires a private
key or a combination of private keys for access. Accordingly, loss of requisite private key(s)
associated with your digital wallet or vault storing BERRY Tokens will result in loss of such BERRY
Tokens, as well as access to your BERRY Token balance. Moreover, any third party that gains
access to such private key(s), including by gaining access to login credentials of a hosted wallet or
vault service you use, may be able to misappropriate your BERRY Tokens. Rentberry is not
responsible for any such losses."


I would advise anyone to use Extreme Caution as we all should know to never trust anyone with our private keys.

You have been warn, but if you really want to participate even after reading this: the least you should do is set up and use a new secondary wallet. Then, deposit into the secondary wallet only the amount that you wish to contribute. Added protection to anyone participating, transfer tokens right away if distributed. Be safe and good luck.

Rentberry TS Terms: https://rentberry.cryptonomos.com/downloads/Rentberry_Terms_of_Token_Sale.pdf

[criptofuego]

I was taking a look through Rentberry token sale terms and whitepaper. Big red flags (at least to me) appeared  . Asking for wallet private key which I would never give out and would avoid anyone who would ask. I'll be giving this a pass.

Straight out of their token sale terms:

"Contributions to be made in ETH must be sent from an Ethereum wallet in
respect of which you can identify your private key. Your private key shall be
required to verify your ETH contribution to Rentberry and to enable Rentberry to
issue BERRY Tokens to you through the Smart Contract System."

-Similar in regards to bitcoin contributions.

"Risk of Losing Access to BERRY Tokens Due to Loss of Private Key(s).
BERRY Tokens purchased by you may be held in a digital wallet or vault, which requires a private
key or a combination of private keys for access. Accordingly, loss of requisite private key(s)
associated with your digital wallet or vault storing BERRY Tokens will result in loss of such BERRY
Tokens, as well as access to your BERRY Token balance. Moreover, any third party that gains
access to such private key(s), including by gaining access to login credentials of a hosted wallet or
vault service you use, may be able to misappropriate your BERRY Tokens. Rentberry is not
responsible for any such losses."


I would advise anyone to use Extreme Caution as we all should know to never trust anyone with our private keys.

You have been warn, but if you really want to participate even after reading this: the least you should do is set up and use a new secondary wallet. Then, deposit into the secondary wallet only the amount that you wish to contribute. Added protection to anyone participating, transfer tokens right away if distributed. Be safe and good luck.

Rentberry TS Terms: https://rentberry.cryptonomos.com/downloads/Rentberry_Terms_of_Token_Sale.pdf

Is there any administrator of this ICO that wants to say something regarding this issue? I think he's got a point...

[Ska-Punk]

Overview ICO Rentberry https://ico-kriptovalyuty.ru/rentberry/
The platform concept and the conditions for participation in the ICO campaign.

[thomasson88]

Can't wait to see this token going live after ICO

[sunny.kaushal]

Hello,

I join Rentberry ICO, i want to buy rentberry token wih just 2 eth.

[danspasiva]

I was taking a look through Rentberry token sale terms and whitepaper. Big red flags (at least to me) appeared  . Asking for wallet private key which I would never give out and would avoid anyone who would ask. I'll be giving this a pass.

Straight out of their token sale terms:

"Contributions to be made in ETH must be sent from an Ethereum wallet in
respect of which you can identify your private key. Your private key shall be
required to verify your ETH contribution to Rentberry and to enable Rentberry to
issue BERRY Tokens to you through the Smart Contract System."

-Similar in regards to bitcoin contributions.

"Risk of Losing Access to BERRY Tokens Due to Loss of Private Key(s).
BERRY Tokens purchased by you may be held in a digital wallet or vault, which requires a private
key or a combination of private keys for access. Accordingly, loss of requisite private key(s)
associated with your digital wallet or vault storing BERRY Tokens will result in loss of such BERRY
Tokens, as well as access to your BERRY Token balance. Moreover, any third party that gains
access to such private key(s), including by gaining access to login credentials of a hosted wallet or
vault service you use, may be able to misappropriate your BERRY Tokens. Rentberry is not
responsible for any such losses."


I would advise anyone to use Extreme Caution as we all should know to never trust anyone with our private keys.

You have been warn, but if you really want to participate even after reading this: the least you should do is set up and use a new secondary wallet. Then, deposit into the secondary wallet only the amount that you wish to contribute. Added protection to anyone participating, transfer tokens right away if distributed. Be safe and good luck.

Rentberry TS Terms: https://rentberry.cryptonomos.com/downloads/Rentberry_Terms_of_Token_Sale.pdf

Is there any administrator of this ICO that wants to say something regarding this issue? I think he's got a point...

This is actually quite an issue, I was just about to ask how can I get my rentberry tokens off of cryptonomos, but now I understand that it will ask for the private key of the wallet I used to buy them..  Definitely not the most ideal of procedures, but I guess anything can be moved out of that wallet before giving them the private key.  Still would also love to hear from a team member on what this is all about.

[chichidori]

Rentberry will start global expansion in 2018. First of all they are planning to expand to Australia, Canada, New Zealand and England. 

If the ICO is so much a success global expansion will happen few years from now, they can also include asia which have to most renters when it comes to commercial and residential properties.

[kkjack789]

Rentberry will start global expansion in 2018. First of all they are planning to expand to Australia, Canada, New Zealand and England. 

Where can I see this information? If there is a planned development of the community, then the implementation of the highest, just to find a local platform like localization NO1

[WorkingFine]

Nice, I have been looking to for altenatives based on blockchain for house rentals as I work with something similar.

[rentberry]

Rentberry will start global expansion in 2018. First of all they are planning to expand to Australia, Canada, New Zealand and England. 

Where can I see this information? If there is a planned development of the community, then the implementation of the highest, just to find a local platform like localization NO1

You may find this information in our Whitepaper: rentberry.cryptonomos.com/downloads/Rentberry_Whitepaper_English.pdf

[rentberry]

why would anyone even use such token/blockchain system?
Most people dont even know what bitcoin is! It will take years before regular people will trust things like this, and when it comes to houses, people are very careful.

Hello paycum2,

We are convinced that blockchain technology combined with smart contracts will be the core engine for the long-term rental industry. The blockchain provides a mechanism for securing and transferring funds, and supporting the complex multi-party agreements that drive those fund transfers through the use of smart contracts.
The data will remain saved in an immutable distributed data store means that users can rest assured that their data cannot be tampered with, payment flows will be optimized, identity will be managed securely, and ultimately the overall rental experience will be improved.

Please check out the Whitepaper where you will be able to find the detailed description on why tokenization and blockchain are required in long-term rental industry.

[rentberry]

I dont really get it, maybe because im a european, so can someone please clearify the following:

is auctioning for rental prizes normal in the USA?
I ask this as i have read that they want to expand to europe. BUT, in europe almost all countries have rules and protection for both buyers and sellers. Rental prices can not be auctioned as prices are fixed based on appartment size, condition and stuff like that. In most european countries its highly illegal to do such auctions: you can not ask person A to pay - for example - 1000 a month, and ask person B to pay 300. Thats illegal. We have a point system here which checks the total size, amount of rooms and things like that. based of that outcome there will be a fixed prize range you can use. You can not ask 100k a month for an appartment that is worth 1k a month, even if the demand skyrockets.

So even if the rules in usa are different i see some problems with their "expanding to europe" goals. Sure not all countries here have the same rules, but a succesful usa system doesnt mean its going to be succesful here. Amazon, Uber, Ebay. VISA, Mastercard, they all failed here, nobody uses them here.

We at Rentberry aim to make the auctioning technology transparent and ensure it will provide with fair competition. Moreover, the technology solves many essential tasks, such as:
Reducing vacancy rates by seamlessly addressing pricing in depressed market conditions;
Capitalizing on hot markets by extracting the most value from their properties;
Selecting tenants based on data points beyond the amount they are willing to pay.

In addition, it’s needed to add that we are backed by highly experienced legal teams, including Latham & Watkins LLP (general corporate counsel) and RedBrick IP and of course we will thoroughly check the rules of the country of expansion before entering the market.