RENTBERRY - DECENTRALIZED HOME RENTAL PLATFORM

[harbinger-alpha]

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.

I didn't read this and used an exchange to send to ICO sale and used BTC. It's expensive to send to my wallet and send to ICO sale. Also This is my first time supporting ICO sale... and I didn't read the Terms of Service that closely. Even if I used ether, I'd still have the same problem because I don't think I can access private keys from my Ledger Nano S. Is this standard of asking for private keys for ICO sale? Maybe a warning about having access to private keys before buying would be nice? Am I screwed? Can I get a refund so I can buy it correctly. Thanks!

Ummm....regarding the above point. My interpretation is all it saying is that you should make sure you hold onto the private keys of the ETH address that you sent Ether from- which of course you would always need to do. I don't think it saying that you will have to hand over your private keys.  

[klarki]

Why did you choose the ERC20 token? This standard is only suitable for ICO.
There is no other functionality for this standard.  Do you consider the possibility of deployment on other networks?

[bitliu]

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.

I didn't read this and used an exchange to send to ICO sale and used BTC. It's expensive to send to my wallet and send to ICO sale. Also This is my first time supporting ICO sale... and I didn't read the Terms of Service that closely. Even if I used ether, I'd still have the same problem because I don't think I can access private keys from my Ledger Nano S. Is this standard of asking for private keys for ICO sale? Maybe a warning about having access to private keys before buying would be nice? Am I screwed? Can I get a refund so I can buy it correctly. Thanks!

Ummm....regarding the above point. My interpretation is all it saying is that you should make sure you hold onto the private keys of the ETH address that you sent Ether from- which of course you would always need to do. I don't think it saying that you will have to hand over your private keys.  

The Tokens Sales PDF says:

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. ETH
contributions shall be sent to the Ethereum wallet address specified on the
Token Launch website.
25
d. Contributions to be made in BTC shall be sent from a Bitcoin wallet in respect of
which you can identify your private key. Your private key shall be required to
verify your Bitcoin contribution to Rentberry and to enable Rentberry to issue
BERRY Tokens to you through the Smart Contract System. BTC contributions
shall be sent to the Rentberry Bitcoin wallet address specified on the Rentberry
website.

I can't verify my private key. It was sent from an exchange. Why is not using my Cryptonomous account enough verification? They can't send my Berry tokens to my Cryptonoums account so I can withdraw them?

[etrane79]

I have a few questions that will help me to decide wether to get involved or not. I've read the white pages etc....and they don't clearly address a few things. My first question is how are you evaluating the rentberry token in terms of its Fiat value? I see that you offer the ability to purchase rentberry tokens in the form of Bitcoin or Ethereum but with the volatility of both depending on when you make your investment makes the value of a berry token from one individual to next can vastly different.

I believe I saw somewhere that you were roughly equating one Berry token to be the equal of $0.26 USD. That was in December now that comes out to roughly $0.45 usd a berry token. Once you've implemented the token system what are you going to be valuing the token at?

 I also read that the token is primarily to be used within your system and any trading outside is not condoned though it may happen. I also read that you don't want speculators buying tokens and dumping them after the Ico, and primaly you want them to be used on your platform. As an investor/ homeowner why would I want a berry token? Where is the gain to an investor.

I read that you're going to be using the berry token and Fiat as acceptable payment through the rentberry platform but it seems to me that the Berry would have to be a stable price in order for the consumer to actually find it feasible to use. I could be wrong about this but I also thought I read that once the Ico is over you will not be creating anymore Berry tokens. If that's the case who is the consumer purchasing the berry token from? Will that come from us the initial Ico investors? I'm using the term investor Loosely because again I'm not sure where the investment/ROI part comes into play.

The other part that confuses me is the part where you say that you want the initial Ico buyers to use the rentberry token on the platform but why would I prebuy a token at very volatile cryptocurrency phase when later on down the road I could just buy berry token at the stable price on the platform. Again the price has to be stable or why would the consumer use it? Why would I buy a 50 Cent USD Berry token one day when it could be valued at $0.26 USD the next day?

As an investor I find the project very intriguing but the berry token part of this very vague. I'm not looking for you guys to guarantee that my investment has a big Roi but I'm also not seeing where it has any Roi at all maybe you guys can help me understand this a little bit.

[rentberry]

Good day! tell me please where to look at the table with reports?

Hello,
We do have a spreadsheet, but it is for internal usage only so we could calculate the remaining amount of tokens allocated for Bounty. If you have any questions in regards to your participation, please contact bounty@rentberry.com.
Please, include the following info: 1. Which campaigns you participated
2. Email registered in cryptonomos system

[rentberry]

Rentberry is probably one of the most promising ICO this year. with already established and profiting business, it is definitely safer to invest in rentberry than most of the other ICOs. Kepp up with the good work RentBerry.

Thank you harry7397 !!

[Vanhiepvn38]

How much already raised?

[tomuru]

How can I know if I qualify for Bounty.
I would appreciate it if you let me make it public.

[tomuru]

How can I know if I qualify for Bounty.
I would appreciate it if you let me make it public.

>>Hello,
We do have a spreadsheet, but it is for internal usage only so we could calculate the remaining amount of tokens allocated for Bounty. If you have any questions in regards to your participation, please contact bounty@rentberry.com.
Please, include the following info: 1. Which campaigns you participated
2. Email registered in cryptonomos system

OK I understand.

[kickso]

Hi there. I was thinking of participating in the ICO.


How do I claim bounties? I have filled in the forms on the 1st page of this thread. How long do they take to be sent?

[wangxiaoyan888666]

Rentberry is probably one of the most promising ICO this year. with already established and profiting business, it is definitely safer to invest in rentberry than most of the other ICOs. Kepp up with the good work RentBerry.

Rental housing to a real estate outlet, rental rights, tenants can land policy is being gradually implemented from Rentberry to the housing rental market will by virtue of excellent block chain technology to bring some revolutionary changes

[wanggq8877]

Rentberry is probably one of the most promising ICO this year. with already established and profiting business, it is definitely safer to invest in rentberry than most of the other ICOs. Kepp up with the good work RentBerry.

Yes, you have a good analysis. Rentberry has already made a profit model, and it's more than a lot of air coin projects. It is hoped that it will be a good harvest to encrypt the money market in 2018.

[ipabloi]

Looks an interesting venture! Wish I could buy here in the states on the presale, but hopefully I can obtain another way. Can't wait to see what Rentberry has in store for us!

[Scambusterz]

tell me please, how can I see the tables of participants taken in the bounty campaign? I applied for participation and I do not know if I accepted it or not.

[rentberry]

tell me please, how can I see the tables of participants taken in the bounty campaign? I applied for participation and I do not know if I accepted it or not.

Hello,
We do have a spreadsheet, but it is for internal usage only so we could calculate the remaining amount of tokens allocated for Bounty. If you have any questions in regards to your participation, please contact bounty@rentberry.com.
Please, include the following info:
1. Which campaigns you participated in
2. Email registered in cryptonomos system

[rentberry]

How can I know if I qualify for Bounty.
I would appreciate it if you let me make it public.

Hello tomuru,
We do have a spreadsheet, but it is for internal usage only so we could calculate the remaining amount of tokens allocated for Bounty. If you have any questions in regards to your participation, please contact bounty@rentberry.com.
Please, include the following info:
1. Which campaigns you participated in
2. Email registered in cryptonomos system

[rentberry]

How much already raised?

Hello,
We do not disclose this info. You may find more information here: https://rentberry.cryptonomos.com/?faq#AlreadyRaised

[gemba4you]

How can I know if I qualify for Bounty.
I would appreciate it if you let me make it public.

Hello tomuru,
We do have a spreadsheet, but it is for internal usage only so we could calculate the remaining amount of tokens allocated for Bounty. If you have any questions in regards to your participation, please contact bounty@rentberry.com.
Please, include the following info:
1. Which campaigns you participated in
2. Email registered in cryptonomos system

I just sent an email and let me know if i qualified for bounties.

[rentberry]

I have a few questions that will help me to decide wether to get involved or not. I've read the white pages etc....and they don't clearly address a few things. My first question is how are you evaluating the rentberry token in terms of its Fiat value? I see that you offer the ability to purchase rentberry tokens in the form of Bitcoin or Ethereum but with the volatility of both depending on when you make your investment makes the value of a berry token from one individual to next can vastly different.

I believe I saw somewhere that you were roughly equating one Berry token to be the equal of $0.26 USD. That was in December now that comes out to roughly $0.45 usd a berry token. Once you've implemented the token system what are you going to be valuing the token at?

 I also read that the token is primarily to be used within your system and any trading outside is not condoned though it may happen. I also read that you don't want speculators buying tokens and dumping them after the Ico, and primaly you want them to be used on your platform. As an investor/ homeowner why would I want a berry token? Where is the gain to an investor.

Hello etrane79,
Thanks for your interest in Rentberry token sale. We will try to place the answers below:

The value of the token is determined due to various factors on the market. We are not going to predict the price, however, some expected fees in fiat vc BRRY coins are described in Whitepaper.

BERRY is a utility token. Token holder will not receive any profit sharing, dividends or equity in the company.
The purpose of the BERRY token is to make rental experience more efficient. The whole Rentberry platform will be tokenized. Tenants and landlords will be able to perform numerous transactions on the platform much faster, more secure and cheaper than before. For example, tenants will be able to pay for rental applications using BERRY tokens and landlords will be able to use BERRY tokens to promote their properties, etc. The payment in BERRY tokens will be much cheaper than the equivalent payment in fiat (for example, tenants can pay $9.99 for rental application in fiat or equivalent of $4.99 in BERRY tokens).
But the main purpose of BERRY token is helping tenants to save millions in rental deposits. Community members (can be anyone) can use tokens to back financially tenants and receive rewards in return (interest rate).

[rentberry]

I have read the AAN thread and it seems to be a promising project. I am watching this thread for future updates and planning to involve in spreading the word about Rentberry. Let's make this ICO famous guys.

Thanks for your feedback!