RxEAL (RXL)ICO RxEAL is a platform for security deposit storage on the Ethereum blockchain. It provides decentralized dispute resolution with the main focus on real estate and automotive rental markets. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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What is RxEAL
Deposit funds are stored inside the smart contract during the rental period or until mutually approved action is initiated with no ability for lessor to unilaterally access the deposited funds.
Three verified, independent and randomly assigned arbitrators will review each case and the result will be determined by the decision of the majority based on the evidence each party has provided.
To become a verified arbitrator the user will have to pass an online test to prove they are qualified to participate in the dispute resolution.
Proposed rates are as follows: 2.3% for 0-1500 USD equivalent deposits (minimum 4USD); 34.5 USD + 0.3% for 1500.01+ USD equivalent deposits; fixed arbitrator commission of 9 USD equivalent in case of the dispute.
Unified standard for security deposits when renting property, cars and other assets.
DetailsPre-sales: Jan 15, 2018 - Feb 02, 2018Public sales: Feb 19, 2018 - Mar 19, 2018 Pre-sale token supply: 5760000 Token supply: 48000000 Raised: 279,180 USD LegalRegistration country: SeychellesRegistration year: 2017 Office address: 198434, Global Gateway 8, Rue de la Perle, Providence, Mahe, Seychelles BountyBounty: 3% | Token infoTicker: RXLType: Utility-token Token standard: ERC-20 Token price in USD: 1 RXL = 0.7586864 USD Token price in ETH: 1 Token = 0.000830 ETH Accepted currencies: ETH Bonus program: Pre-ICO - 100% Sale Tier 1 - 50% Sale Tier 2 - 20% Sale Tier 3 - 10% Sale Tier 4 - 0% Token distribution: 6% - Pre-ICO 50% - ICO 30% - Company Reserve 10% - Team 1% - Early Investors 3% - Bounty Funds allocation: 40% - Marketing 30% - Administrative and operational costs 20% - Product development 10% - Legal |
RxEAL Roadmap
-Company launch;
-Business idea and technological proposal for the platform;
-Key personnel and partner.
-Project details and roadmap;
-Legal framework set-up for token sale and business operation;
-Market research and industry feedback;
-Partnership agreements and ongoing discussions with companies and organizations for operations, finance, marketing and product development;
-Investor outreach and closed funding round.
-Agreements with business expansion partners in Unites States and United Kingdom;
-Business expansion discussions with partners in Europe, Asia and other markets;
-Development and presentation of the operating user interface;
-RXL token pre-sale (January 15th 2018 to February 5th 2018).
-RXL token sale (March 12th 2018 to April 11th 2018);
-Talent outreach to gather the best team for further product development;
-Limited access beta version and testing with limited user base;
-Gathering, analysing data and client feedback;
-Event marketing activities.
-Open beta/release candidate version available for all clients;
-Full scale marketing campaigns;
-Begin working with legal authorities in countries where security deposits are required to be held only by registered parties;
-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;
-Gathering data and feedback from platform users;
-API development for corporate clients.
-Begin offering deposit investment schemes as an additional service and to meet interest accrual requirements;
-Assisted API integration within existing platforms for rental companies;
-Adjusted services for long term rentals, holiday rentals, car rental and other asset rental deposits;
-Division between end user platform (available for users worldwide) and corporate platform with API integrations and local market adaptation.