Rentberry seems at least more serious than many of other ICOs. Through its platform tenants will bid for properties in rental. The main problem is that if successful, it will mainly benefit landlords, which in principle could go againts the philosophy behind the birth of blockchain. But that's another story.
My question is if it is successful, will tenants be able to afford its rental payments?
Let's assume their forecasts turn out to be real:
With 15 million rental applications processed, if the total amount of tokens is 400 million, it means 26 tokens per contract, when they mention that only for the deposit you will have to deposit 1000 tokens. So either tenants will have to pay a lot (in fiat currency, which is how they will probably receive their salary) or if the deposit is linked to fiat currency, token will not increase in value. But then, you should buy them only if you plan to rent in the future using the platform.
Any other opinions on this issue?