Welcome my friends to a new interesting ICO today and let’s see their great idea:
Securing leasing and rental deposits
RxEAL is a platform for trustless and safe security deposit stockpiling on the Ethereum blockchain. A security deposit is a measure used to cover any misfortunes endured by the investment property. It furnishes decentralized question determination with the fundamental spotlight on land and car rental markets esteemed at many billions $$$ joined. RxEAL will likewise be accessible for different ventures that request trustless reserve stockpiling and reasonable question determination.
The RxEAL is an answer for taking out a developing number of extortion cases in rental exchanges related with uncalled for withholding of assets from the security deposit toward the finish of the rental assention. Additionally, the RxEAL will gives substantially speedier deposit return rates and cost adequacy contrasted with current offchain arrangements.
The project vision, mission and path:
RxEAL conveys an approach to securely store security deposit for different rental items as cryptographic forms of money utilizing savvy contracts on the Ethereum blockchain and also a reasonable debate determination process. Check the picture to see how it works.
The pltform will furnish different approaches to cooperate with the smart contract, e.g. by giving the lessor a choice to part the deposit on come back to cover harms however it will require the endorsement of the two sides – no gathering will have the capacity to singularly change the agreement terms. At the point when the agreement term arrives at an end and no question is started, the deposit will be handled by the part proposed by the lessor or the underlying contract terms. In the event that the resident does not concur with the split amongst themselves and the lessor, the question can be started by paying an authority commission in RXL tokens. The debate procedure includes giving data by the two gatherings supporting their cases.
As a future stage advancement step, AI (counterfeit consciousness) layer for allocating referees will be actualized. It is wanted to accumulate the information about mediator choice inclination to ensure they are alloted to the cases in such approach to limit the possibility of one-sided controlling and permit suspending referees if framework sees out of line decisions.
The project platform architecture:
The client gets to the customer application safely by means of HTTPS with SSL, guaranteeing secure transmission of any submitted information. The customer application safely trades information got from the database by sending RESTful solicitations to the API application endpoint. The server additionally associates with an information transporter benefit like Oraclize to get the outside information.
The Project Roadmap:
- Company launch, business idea and technological proposal for the platform
- Market research and industry feedback
- Partnership agreements
- Development and presentation of the operating user interface
- Pre-sale & Crowdsale
- Limited access beta version and testing with limited user base
- Gathering, analysing data and client feedback
- Open beta/release candidate version available for all clients
- RXL token listing on exchanges, no longer than 3 months after the end of the initial token sale
- Final release of the platform with already active client base
- Continued marketing and market expansion activities
The Project Team:
RxEAL has been designed and created by a highly experienced team of technology experts. The team’s members bring together expertise that gives them a deep understanding of the challenges faced by many crypto enterprises including the legal, regulatory and compliance issues.
- Dmitrijs Orlovs – Co-founder/ Business strategy & marketing
- Janis Dabols – Co-founder/ Legal & finance
- Aleksandrs Puzdrans – Co-founder/ Technology & operations
- plus the RxEAL team & advisors
- Token: RxEAL
- Abbreviation: RXL
- Platform: Ethereum
- Accepting: ETH
- Supply: 96m RXL
- 0.1ETH = 120 RXL
Tokens Sale Availability:
- Start date: 12.Mar.2018
- End date: 11.May.2018
About the author
My passion for everything that means cutting-edge technology, blockchain, cryptocurrency, ICOs and not only made this article to be alive. I’m Alex Hummels and I wish you “happy reading” of others of my articles. Thank you all.