Rentberry is a decentralized home rental platform utilizing blockchain technology to make the long-term home rental process less costly and time-consuming. Rentberry was founded in 2015 and launched its platform in 2016. Currently, Rentberry is considered to be a successful business that attracted financial support from investors and VC funds from China, Australia, the UK and other countries.

RentBerry

Please Note: This is a Press Release

Founded and launched in San Francisco, Rentberry has quickly expanded nationwide. In the next few years, the company is planning to expand to Asia and Europe.

What Makes Rentberry Successful?

While most of the industries have already been improved with technologies, the rental world still relies on paperwork and manual processing of all tasks. Not only does it take unnecessary time and effort, but it also results in paying hefty fees for the service of middlemen. Not even to mention a traditional approach to rental security deposits that requires tenants to freeze thousands of dollars and creates an additional financial burden.

The goal of Rentberry is to challenge the status quo. Rentberry streamlines the long-term rental process for tenants and landlords by providing online solutions to all bureaucratic and financial procedures related to renting. For landlords, this includes adding and marketing property listings, screening tenants, signing lease, collecting rent, and receiving maintenance requests. For tenants, in their turn, it means finding perfect rentals, submitting online applications, negotiating price, paying rent, and making maintenance requests online on one platform.

What makes Rentberry unique is its system of transparent custom offers and crowdsourced approach to rental security deposits.

Custom offers create a secure rental environment in which all prospective tenants can compete openly and make offers for the apartments. This level of transparency results in a fair and true market price for all properties, which benefits both the landlord and the tenant.

Crowdsourced approach to security deposits alleviates the financial burden associated with renting from tenants and at the same time gives all members of Rentberry community a chance to gain rewards (interest rate) by providing financial assurance to landlords on behalf of tenants. Rentberry is on the path to help tenants unblock $500bn frozen in rental security deposits.

Rentberry’s auctioning technology ensures transparency of application process and fair competition. This auctioning technology reduces traditional frustrations, scam rates, time delays, and friction points in the rental process to benefit both tenants and landlords. Armed with this technology, landlords will be able to do the following:

  1. Reduce vacancy rates by changing prices in depressed market conditions
  2. Capitalize on hot markets by extracting the most value from rental properties
  3. Select tenants based on data points beyond the amount of money they’re willing to pay

All the payments are made with the help of Rentberry’s cryptocurrency called BERRY token. The token is designed to facilitate a standardized global approach to a long-term rental process while keeping all the transactions secure.

Token Sale Details

The Pre-Sale of BERRY tokens starts on December 5 and lasts until January 26. The minimum quantity of tokens to be purchased is 15,000 BERRY (10 ETH). The Pre-Sale process includes 4 cycles, during which one can receive significant bonuses:

  • Dec 5 – Dec 19 – 33% Bonus
  • Dec 20 – Dec 26 – 27% Bonus
  • Dec 27 – Jan 16 – 20% Bonus
  • Jan 17 – Jan 26 – 13% Bonus

Hurry up to get the most out of the deal – The Main Sale of BERRY tokens starts on January 26 and lasts until February 28. The minimum amount of tokens for the Main Sale is 150 BERRY (0.1 ETH). At this stage of ICO, the following bonuses are available:

  • January 26 – 7% bonus
  • January 27-28 – 4% bonus
  • For 1-3 ETH – 1% bonus
  • For 3-5 ETH – 2% bonus
  • For 5 ETH and more – 3% bonus

Detailed information on the Pre-Sale and the Main Sale of BERRY tokens can be found in Rentberry’s White Paper. Visit the site to download it: https://rentberry.cryptonomos.com

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Posted by Oliver Dale

Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all.


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