[ANN][CLOSED] The Renteum Project - The ultimate estate platform & token

The Renteum Project is temporarily shut down until further notice. An official statement will be released regarding the state of the project and refunds for current contributors. Thank you for your support & patience

Hello everyone.
I'm Aleksandr from the Renteum project. After a long time of preparation, we're finally here. Posting our bitcoin talk thread. Since we’re lucky enough to be able to purchase a copper membership for our Bitcoin talk user we can finally post our ANN with images!

Oh sweet jesus another Real-estate ICO?
Well.. No. We would really appreciate if you checked out our white paper & website to decide whether or not we are like you think we are. :-)

The Renteum project
Renteum LTD is a UK based company that will operate in the Scandinavian and English real estate markets.

Business model and product
The project consists of the Renteum platform & token which can be previewed on our website https://renteum.org
Our business model revolves around simply purchasing real-estate and renting out in order to collect profits from rent. We offer people interested in our token crowd sale a lucrative invest opportunity with the Renteum token (RTM) technology, which will distribute rent income acquired from the real estate purchased by investor funds as dividends to token holders.

Team

Advisory team

White paper
https://renteum.org/whitepaper/Renteum_white_paper_v_1.6.pdf

Roadmap and development process

Renteum token allocation and prices
Total supply: 28,000,000
Etherscan link: https://etherscan.io/token/0x083342632d2dF3d6406f1d0b9De120B7e3544530

Token Distribution:
•   87% crowd sale

•   5% Renteum LTD

•   8% Community marketing bounty

Crowd sale information & prices
Renteum will accept more than 35 cryptocurrencies through our 3rd party payment gateway Coingate.
The conversion from the contributed cryptocurrency to RTM will happen at time of contribution to estimate amount of presale tokens sold. The distribution of sold tokens will happen at the end of the crowd sale.

Presale price and bonus

●   The price per Renteum token is set at the cryptocurrency equivalent of 1$ USD
per Renteum token.

●   The amount of bonus tokens given in the presale is 20%

Duration
3 months

ICO
The prices and bonuses for the ICO will be as follows:

First week

●   Cryptocurrency equivalent of: $1,30 per Renteum token

●   Bonus applied for total contribution: 10%.

Second week

●   Cryptocurrency equivalent of: $1,30 per Renteum token

●   Bonus applied for total contribution: 5%.

Third week

●   Cryptocurrency equivalent of: $1,60 per Renteum token

●   Bonus applied for total contribution: 5%.

Fourth week

●   Cryptocurrency equivalent of: $1,60 per Renteum token

●   Bonus applied for total contribution: 0%.

Duration
4 weeks

Competetion
Crypto Real-estate project comparison comments
This document and table which was made with the information made compiled by user “nmrcngrb” from this thread on Bitcointalk: https://bitcointalk.org/index.php?topic=2146910.0

Thank you for your work and to those users who helped find additional cryptocurrency related real-estate projects to add to the thread. All of the information for the table above has been found from the various project websites and white papers.

Table linked

Renteum LTD vs the competition
With a lot of Real-estate ICOs on the market it is hard as an investor to pick the one that is right for them. A lot of the projects are also quite unclear on what they plan to do with the funds. Renteum LTD currently believes the potential in tying cryptocurrency with real-estate is left untapped. With this table and additional comments here I hope to make it clearer on what we at Renteum stand for and what we plan to execute.

Renteum LTD is a company based in Plymouth England. The only found projects which assume bigger parts of the Renteum LTD business model and Blockchain technology are https://www.real.markets/. The other projects only partially aim to do what we are planning to do.
REAL is a well-thought out project. Their white paper is very detailed and does a fine job of explaining what they plan to do. REAL is a Singapore based project and targets the USA, Spain and the Caribbean real-estate markets. They plan to build a platform and token that mimic some of the properties that the Renteum project plans to build. However, there are distinct differences between the two projects and I will try to outline them below.

1.   Total supply of tokens and reserved amounts.
The total sale and distribution of tokens have some major differences. Renteum plans to sell out as much as the total token supply as possible to give the majority of the supply to investors while REAL holds around 49% of the tokens locked away from investors due to various reasons. The maximum number the Renteum team can hold is 5% of the sold supply. Renteum also has its marketing bounty but the bounty tokens will be owned by people not directly affiliated with Renteum.

2.   Real-estate geographic location market difference.
While REAL is a Singapore based company that will operate in USA, Spain and Caribbean real-estate markets Renteum LTD is an English company that plans to operate mainly in the Scandinavian and English real-estate markets. There is no reason we cannot coexist as different companies with part of the same business model.

3.   Technology behind token properties and platform differences.
Both projects are gonna be developed on the Ethereum Blockchain.
While some of the ideas can be said to be of the same principal the execution of the technologies is different. In the Renteum LTD white paper it is described how the functions will be implemented with reference to already existing technologies that mimic those that we want to make. Renteum LTD also has a demo of how said platform would look while we have been unable to find a similar demo from the REAL project.

4.   Team
The REAL team is stacked with a big team of multiple personnel experienced in various fields as seen in their white paper. Renteum LTD is founded and managed by two people currently, Ben Middleton and Aleksandr Kongstad. While some might see this as a huge disadvantage and big discouragement from contributing to Renteum LTD we see it as an opportunity for investors to be part of the project and community behind Renteum LTD in a much larger scale than possible with REAL.
It also means that Renteum LTD does not have much in terms operating costs. That means all funds from the crowd sale will go into the Renteum project development and real-estate acquisition which in turn with our business model will significantly increase the value of the tokens that investors buy from the crowd sale in the future.

Final comment & Bounty thread
BOUNTY THREAD
https://bitcointalk.org/index.php?topic=2688632

I hope some of our work has interested you. We are gonna create a seperate thread for our marketing bounty, where you can participate very soon!
Details are in the white paper.

Otherwise if you have any feedback at all I will be ready to answer your concerns here on the thread or at personal contact aleksandr@renteum.org