How often do you find getting back your rental deposit tiring? Homeowners can delay it to intolerable limits. Some homeowners may not pay it back at all. Even worse, some disputes associated with it are taken to courts. The security of your deposit is a big concern. That amount of cash is never in your control. The second party that holds your deposit cannot be trusted. There are no regulatory bodies in this area. These are no escrow for rental deposits. It’s surprising that there are no solutions to this worldwide. It is really a large gap in the $3 trillion real estate industry.
Rxeal is the first company that attempts to solve this issue. As a platform it offers safe rental deposit storage on the blockchain. The deposits are backed by smart contracts rather trust. Your tenant cannot take out the security deposit for personal use. It will stay as a security deposit, which you get back once you evacuate the house on agreed terms. The platform provides decentralized dispute resolution focusing on real estate and automotive rentals. It will extend to other industries which require trustless fund storage. Fair and quite dispute resolution is what Rxeal offers to all parties involved.
How it works?
For starts, Rxeal combines blockchain tech and day to day rental transactions. It creates a link, where users with little to no technical knowledge can enjoy benefits of smart contracts. It is a platform designed to develop and execute smart contracts. It includes custom triggers pertaining to rental security deposits. Your deposits are stored in form of cryptocurrencies, thus enabling them to interact with smart contract. The crypto form is maintained during entire course of agreement. It also provides decentralized dispute resolution window to guarantee fair and timely settlement. The distribution is done at end of contract term.
How can you take advantage?
Rxeal gives the newest way to profit from real estate. This is by far, the largely untapped market. You can also be a part of the blockchain solution to all rental security deposit issues globally. You can gain from residential properties, office spaces, automotive rentals and literally anything that can be rented. Service fees are numerated in RXL tokens. Fees are calculated for the deposit amount in USD. This way service fees are not affected from fluctuating value of tokens. You can make Rxeal your steady revenue stream for the future.
ICO Information:
The tokens go by the ticker – RXL. The presale is already on. The presale begins by 15th January 2018. Only Ethereum is the accepted payment method. The presale will go on till 5th February 2018.The official ICO starts by 15th February 2018 and end on 21st March 2018. The total token supply is 96 million RXL tokens. 6% of tokens are reserved for presale. ICO gets 50% of the total token supply. 800 ETH is the soft cap for token sale. Presale bonus of 50% brings the token price down to 0.0025. It is a good reason why you should grab tokens early.
Important Links:
Please find the important links related to the project below and stay updated:
Website: https://rxeal.com/
Whitepaper: https://storage.rxeal.com/public/RxEAL_White_Paper.pdf
Twitter: https://twitter.com/rxealofficial
Facebook: https://www.facebook.com/RxEAL
Telegram: http://t.me/rxealofficial
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