MIX RENT

Upik05

Introduction

Mix. Rent is an international blockchain-based marketplace for renting and sharing vehicles. The platform has been working since 2017. The service is currently available in the USA, Russia, Canada, Mexico and is preparing to be launched in Australia. The platform unites owners of various vehicles and renters, enabling people both to rent out and rent vehicles from owners at favorable prices. The project has gathered more than 6000 units of vehicles with daily bookings in different cities.

Mixrent creates a global ecosystem that discovers a new format of traveling. The renter experiences only positive emotions while travelling. The service community will take care of the rest.

Mission

By uniting private owners and rental companies offering transport services regionally, nationally and internationally, and by using blockchain technology, we create a new market that offers you communication, earnings and a great experience while you travel in comfort to your destination.

Problems

Lack of trust

Renters and owners do not trust each other. It is difficult to find reliable information about each user since ratings are not available yet.

No single global rental platform

There is no opportunity to choose different types of transport on a single platform.

Big deposit

Renters are often discouraged from booking a vehicle due to a high deposit.

No payment with cryptocurrency

Owners cannot receive cryptocurrencies as a mean of payment. A renter cannot rent transport anonymously.

Underdeveloped service

Transport rent requires performance of related services (washing, repair, delivery, etc.), and these obligations place a heavy burden on a renter or are fulfilled by the vehicle owner at an exaggerated rate.

Hidden commissions

Frequently, users find out about hidden commissions and additional payments after the deal is completed. As a result, they overpay for the rent.

Missing disputes settlement transparency

Settlement of disputes is protracted for a long time and users waste a lot of time and effort to protect their interests.

Transport is entrusted to an unknown person

On traditional sharing platforms an owner meets a renter only at the time of deal. It is unsettling.

Solutions

Reliability and security

Blockchain in Mixrent solves the issue of trust in P2P deals: renter, owner, and vehicle rating and history are reflected in distributed ledger.

Single rental platform

Make any routes and rent different types of transport on a single platform to travel by land, water, or air.

P2P lending

In Mixrent, a renter can raise necessary funds for a deposit from the project community (P2P lending).

Payment in cryptocurrencies and fiat

Mixrent accepts payments in fiat and main cryptocurrencies. Save up to 30% selecting payment in MIX tokens due to reduced conversion commission fee.

Service community

The Mixrent community takes upon itself the routine part of the process of transport use and takes care of all service tasks. They are paid in in the project tokens.

Transparency and openness

All transactions are recorded in public blockchain. Users see detailed information for each transaction.

Decentralized arbitrage

Disputes are regulated by independent referees who are randomly selected from the project community. We patent this method of referee selection.

Choose whom you entrust your transport to

Renter reliability is evaluated by the platform using a unique scoring system.The owner can judge the renter’s reliability not only by system rating, but also by linked social media account.

How it works

Global platform

Mix. Rent is easy to list your vehicle in. Owners daily list their vehicles, and renters choose and book vehicles by price, category and location.

No need to make a website of your own if you want to share your vehicle

Options for owners

The owner needs to provide description of his vehicle, photo and the price to get customers on the platform and start earning. Once the listing is created the platform shows the average prices on the market.

21 vehicle categories

Users can rent/rent out cars, motorcycles, motor scooters, bicylces, snowmobiles, ATVs, limousines, helicopters, power boats, yachts, minibuses, jets, RVs, custom vehicles.

All kinds of vehicles gathered in one place to be used for work and entertainment.

User rating

Users can provide comments and feedback.

The goal is to create a new blockchain-based rating system which will enable to quickly assess risks. Highly rated users get vehicles without security deposit.

More vehicles

In the future the platform will offer vehicles for tourists based on their preferences and location. The system will store data about the preferences and offer new options.

Very soon

Vehicle rental can be paid with tokens and cryptocurrencies.

Bonus prices to pay with the platform tokens.

Mixrent creates a global ecosystem that discovers a new format of traveling. The renter experiences only positive emotions while travelling. The service community will take care of the rest.

Service community

The community members provide services upon request (delivery/return of vehicle, washing, refuelling, repair). They are rewarded in MIX tokens.

Creditors

Keep on enjoying traveling. The creditos community will bail you out crediting the necessary funds on P2P lending basis. Creditors are rewarded in MIX tokens with percentage of your deposit.

Arbitrage

The Mixrent arbitrage is convenient, impartial, and fair. The data are exported from blockchain and sent as an application to 300 referees who have passed KYC and qualification test. The first 10 referees who have responded are assigned to the application.

We are not just another big idea. We are changing rental market and provide you with reliability, additional earnings, and a great experience while you travel in comfort to your destination.

Every day travelers to many countries choose Mixrent and their number has only been growing.

Market trends and consumers behavior

Regulation of environmental issues and energy price volatility

Growing state regulation in the realm of ecology along with volatile energy prices can increase the demand for car rental services.

Moving towards multi-transport travel model

Nowadays more and more people, especially in big cities, regularly use different modes of transport, be it bicycles or cars, and this trend will soon increase.

Underutilization of ridesharing services

Despite the changes in people’s behavior and increasing demand for renting different types of vehicles, this market remains currently small and has high potential.

For example, in 2017, at least 32 billion USD was invested in ridesharing start-ups. At the same time, less than 1% of passenger-miles was covered using such services.

Сar rental market growth Leading research agencies also confirm that the demand of this market will grow in the near future. Thus, analysts forecast that the car rental market will grow by 18% during 2018- 2022 [4], which will depend on both an increased average trip duration and on attracting new customers.

Big players get interested

The car rental market has already interested large automakers.

On March 13, Bloomberg announced [5] that in the summer of 2018 GM plans to launch a program that will allow car owners to rent out their vehicles.

According to our data, in addition to GM, P2P-business also interests Toyota and Daimler AG. The German company has become a key market participant, having invested 92 million dollars into startup Turo, which offers private car rental services. Toyota has invested in Getar, Turo’s direct competitor.

ICO DETAILS

The private sale of MIX Token starts June 30, 2018 at 10:00 Eastern Standard Time and ends July 30, 2018 at 10:00 Eastern Standard Time.

The pre-ICO begins July 30, 2018, at 10:00 EST and ends August 30, 2018 at 10:00 EST.

The ICO begins August 30, 2018, at 10:00 EST and ends September 30 at 10:00 EST, or until the amount of contributions received reaches $30 million, provided that Mix.Rent can extend the date of closure, at its discretion, not more than twice, with each prolongation lasting 50 days.

If on the specified closing day or the last time Mix.Rent extends the closing date (depending on the current circumstances), if the project does not receive a total amount of at least $1 million, the company shall return the deposits to the investors.

Bonus tokens distributed in accordance with the day of investment, are to work as follows:

June 30, 2018 to July 30, 2018:

1 mix = $0.40, 1 mix = 0.00057 ETH + 25% Bonus

July 30, 2018 to August 30, 2018:

1 mix = $0.50, 1 mix = 0.00071 ETH + 15% Bonus\

August 30, 2018 to September 30, 2018:

1 mix = $0.60, 1 mix = 0.00085 ETH + 10% Bonus

Use of assets

Platform Marketing and PR 30%

Web, mobile, API, partners network development 30%

Growing internationally – expansion in developed countries 20%

Insurance and legal funds of the platform 15%

Bounty program, which will continue after ICO 5%

MIX utility token

The functions, properties and capabilities of the token will be available on a functional

platform with updated functionality after the token sale.

1. The token enables platform users to earn and save money.

2. Some options will only be available to Token holders.

3. The policy of Mix Rent LP (Ireland), the Token issuing company, is to make Token the

main payment instrument with the functionality of the internal currency.

4. Tokens sell rental services.

5. Tokens buy rental services.

6. The platform lets MIX Token owners create a new product herein.

7. Tokens are blocked as deposits if required in rental smart contracts.

8. Tokens give access to the exclusive options of the platform.

9. Tokens shall not provide the right to vote, and shall not be considered an ownership stake or share issued by Mix Rent LP.

10. Tokens are issued to users as a reward for actions performed on the platform.

11. MIX Token will be a stable coin to pay for advertising on the platform.

12. The blockchain of the Mix.rent platform does not prevent the distribution of profit between owners and Token holders.

13. MIX Token users will benefit by not having to use cross-border payments in order to rent a vehicle from different countries.

14. The Token connects and unites people, owners and renters, all who use MIX Tokens in different countries across the world.

ROADMAP

Q4 2016

Creation of the idea, transport rental market research

Q2 2017

Development of a prototype for local market, the idea testing

Q3 2017

Autotransport rental applications number increase. New transport types addition to the platform (motorcycles, ATVs, boats)

Q4 2017

Transport types addition (special equipment, yachts, motorhomes).

Q1 2018

Research on global transport rental and sharing market. Mixrent international expansion launch, launch in the US and Canada

Q2-Q3 2018

Preparation to Tokensale. Implementation of international expansion strategy. Among achievements: over 8 thousand transport units are available on the platform, 585 cities, 12 000 users.

Q4 2018

Tokensale execution. Smart-contracts implementation on the platform, monetization setup. Launch of API and mobile apps on iOS, Android. Implementation of a payment system.

Q1 2019

Implementation of arbitrage. Office opening in the US. The development team augmentation, user ratings implementation. Addition of new types of transport.

Q2 2019

P2P lending implementation. Office opening in China. Expansion to markets of India, China, Brazil, and Australia. Multilanguage support implementation.

Q3 2019

Partnership with industry participants: tourism, airfare, rental property, organization of events. Implementation of the Mixrent widgets to partners.

Q1 2020

Expansion to markets of other countries. Launch of marketing campaigns in 120 countries of the world.