RENTO: Is Revolutionizing The Global Sharing Economy:

Francis Odinigwe

The General Concept Of Rento Platform:

Introduction:

RENTO is a global exchange platform for businesses and individuals that lets you rent your property. Rento leases every object to every person instead of concentrating on just one market (cars, apartments), unlike its competitors in the market. In addition, Rento uses Blockchain Technology to build a strong economy through smart contract relationships to ensure that rental conditions are met and that parties can be confident that they will deliver and return a product or service. Rento seeks puts the exchange economy into the daily lives of people around the world, reducing waste in the economy and allowing more people to use different services and products without incurring the running costs of every item they use. The concept of economic sharing is based on the full use of economic resources. That’s exactly what Rento is trying to do. Rento provides a mobile app (and web platform) that allows users to report their unused funds for rent or share them on their platform. Each listing in Rento contains important aspects of an asset or a source such as: Rental price, availability schedule, image or video of the current item, specifications and asset specific conditions.

RENTO is an application that connects business owners with customers and rental services with users. It also makes it possible to share the economy. Why buy a hammer drill when the neighbor has one in his garage? Why should your vacuum cleaner be 90% in the cupboard when you can rent it? In addition to the offer of your services on Rento you have other income opportunities. And most of all, why would you use a few different applications for booking, renting or sharing, if all your needs can be met by just one application? Rento is a toy changer for millions of devices, books, vehicles and other things that collect dust and do not bring profits to their owners.

MISSION OF RENTO PLATFORM:

RENTO enable people to become a part of the global sharing economy and share their unutilized assets easily. And then The Company Rento offers several segments of products and services, focusing primarily on enterprises and service providers to complete the platform a large supply of available resources to ensure that the platform will initially be enough resources for consumers to find her attractive. Rento will be launched with primary listing segments, such as household items, lawn mowers or snow blowers, at the expense of more commercial offers, such as joint offices and conference rooms, construction equipment, parking spaces and even human resources. In addition to developing an exchange platform, Rento plans to create at least one brick and mortar rental store as proof of the concept for sharing an ecosystem.

SOLUTION:

Rento is developing a software solution for individuals and businesses who share the items and services they have been required to buy. The Rento solution is based on the growing shared economy, but instead of a vertical orientation, Rento offers a complete solution including intelligent contractual relationships for anyone borrowing or lending items or services. Just as ecommerce sites like eBay are not limited to one type of item, Rento offers a market with a shared economy. Rento uses block technology for intelligent contracts that create trust throughout the system.

The concept of economic sharing is based on the full exploitation of economic resources, and Rento tries to do just that. Rento offers a mobile app (and web platform) that allows users to leverage their unused funds for rent or distribution on their platform. Each list in Rento contains important asset or source aspects such as rent, availability plans, pictures or videos of the current item, specifications and contract terms for that asset.

THE MAIN FEATURES OF RENTO PLATFORM:

v Renting:

Everything you want just a click away

v Sharing:

Sharing of devices and products that are just lying around can be put to USE!

v Comfortable:

All your needs can be met by one interactive, intuitive App.

Profit from Rento: Find out what are the benefits of being a Rento Token holder!

v Security:

We put security and safety of transactions above all else. That is why we are implementing Blockchain into our system!

v Cutting Edge:

All transactions will be done with cutting edge technology! Join us in a new era of renting and sharing.

v Environment for Business:

We are creating a global network of business and clients. An ecosystem for the sharing economy.

v Think global ACT LOCAL:

By developing possibilities for sharing, we are reducing consumption in the world. Rent out unused devices and make sure our globe is not being polluted!

v Diversification:

Enjoy the luxury of having options. Don’t limit yourself. Rento — freedom of choice.

BENEFITS FOR RENTO TOKEN HOLDERS:

a. Lowest worth for Rento token, which can be used as a fee on Rento Blockchain

b. Easier for ICO participants to become a Rento Model Store franchise owner

c. Cheapest deposit to participate within the Rento Model Store Franchise

d. Helping the expansion of sharing economy

e. The possibility of being a Rento Shareholder, once we tend to receive a license

f. After supplying of the safety Token, shareholders can receive dividends from company profits.

RENTO TOKEN INFORMATION:

Token name: Rento

Ticker Symbol: RTO

Start of public sale 16.10.2018

End of public sale 28.02.2019

Total supply 600 000 000 RTO

Token standard ERC20

Network base Ethereum Network

Tokens for sale 264 000 000

Price range for token sale $0.01 — $0.12

ROADMAP:

§ ICO/Token Sale Event

§ Phase I (October 16 to November 20, 2018)

§ Phase II clinical trial (November 21 to December 15, 2018)

§ Phase III (December 16, 2018, to January 31, 2019)

§ Clinical trial (February 1, 2019, to February 28, 2019)

§ unharness of Rento App (December 2018)

§ Launch of the instance Rental (June 2019)

§ unharness of Rento Blockchain (July 2019)

§ Rent coin enters the Cryptocurrency markets (third quarter of 2019)

TEAM:

ADVISORS:

CONCLUSION:

In Conclusion, Rento’s idea of this application is very interesting as Rento’s developers want to expand the potential of the entire population and interact with each other through modern block technology to evaluate the obvious benefits and unbelievable opportunities that the company has never experienced before. Therefore, this project has caught my attention because you do not encounter such a great concept every day. But I remind you to get a clearer and clearer picture of what’s going on. I recommend you to take a closer look at this project in your own exam. Below you will find links to all official project sources as well as access to their technical documentation.

For More Information On This Project, Please Kindly Visit The Links Below:

Website: https://rento-app.io/

Whitepaper: https://rento-app.io/assets/whitepaper.pdf

Bounty BTT: https://bitcointalk.org/index.php?topic=5076209.0

ANN: https://bitcointalk.org/index.php?topic=5074644.0

Twitter: https://twitter.com/Rento_app

Facebook: https://www.facebook.com/rentoapp/

Telegram: https://t.me/rentoapp

Instagram: https://www.instagram.com/rento.app/

Medium: https://medium.com/app-rento

Reddit: https://www.reddit.com/r/Rento/

Author’s Details: