Description: Securing leasing and rental deposits
Date of Token Sale:
2018-03-12 - 2018-05-11
About the project:
RxEAL is a long awaited solution for rental security deposit protection. It is a platform for trustless deposit storage and dispute resolution, focusing on real estate and automotive industries. RxEAL does not take away business from existing service providers, on the contrary - the RxEAL solution creates added value, replaces costs and saves time for the world’s largest rental markets
Benefits for Lessor
- Added value to the rental product, creating a competitive advantage in the market.
- Increased customer base by attracting the rapidly growing cryptocurrency community.
- Improved reputation and the level of trust by becoming completely transparent with clients.
- Introducing a new blockchain solution is great for marketing communication
Benefits for Lessee
- Security deposit does not need to be handed over to an unknown lessor.
- Equal control over the deposit together with the lessor.
- Any changes or withdrawals from the deposit must be mutually approved.
- Almost immediate deposit return.
It is smart
Within the RxEAL platform users are able to generate smart contracts based on terms both parties have agreed on
It is secure
The contract will ensure that the deposit amount is stored securely on the Ethereum blockchain throughout the course of the agreement
It is independent
RxEAL will provide
A decentralised and independent arbitrage conducted by qualified members who earn RxEAL tokens (RXL) for resolving disputes.
Hardcap: 35,575 ETH
Price 1200 RXL = 1 ETH