Today, Rentberry offers users a fully operational long-term rental platform. It leverages blockchain technology to ensure seamless rental experience and allows for crowdsourcing to help tenants unfreeze millions of dollars tied up in rental deposits.
-Incorporated in 2015, Rentberry established and proved itself as a successful business within the long-term rental space. Today, it has more than 120k users and processed more than 224k properties.
-Prior to its token sale, Rentberry successfully raised $4M in seed funding from high-profile investors and VC funds from 11 countries. It is in the process of finalizing its first token sale.
-Rentberry plans to streamline the entire long-term rental process using blockchain and smart contract technology and eliminate the need for a middleman, making it possible for tenants and landlords to complete all rental tasks in one place.
“We are convinced that long-term rental space is the next industry to be disrupted by technologies, and our entire team believes that blockchain and smart contracts are the inherent part of the upcoming innovation. Here at Rentberry, our goal is to make both landlords and tenants enjoy a fully decentralized rental experience that includes open and transparent application process, crowdsourced rental deposit network, instant rent payments, internationally valid tenant and landlord scores, to name a few.”
Positives -
- Rock Solid Team. Plenty of Developers and Engineers. Website Shows a Team of 23 Members Which Is a Great Amount for a New Project or ICO and considering 11 of the team members are developers, development should be no issue here. The team is also experienced with the housing market which is obviously needed here.
- Beautiful Website. Super Easy Research for Investors. Extensive Documentation Including a Full Whitepaper and a One-pager for Investors Who Are Time Poor. Great Graphics. Well Structured and Presented.
Concerns -
- Github is currently either fairly inactive with the last commit being made On March 13th for The Berry Token Smart Contract, or RentBerry have their Github set to private so that competitors aren’t able to steal code while the project is in its early days. Not a direct concern but something to keep an eye on.
- The BERRY token was released during the market crash of February-April 2018 which heavily impacted the price when compared to the original ICO price. As a result, a lot of investors feel the need to spread FUD or baseless concerns out of spite. Investors should focus directly on the fundamentals here and not the community attitude until the price picks up.
Official RentBerry Links -