What Is PlaceToRent? And Why Choose It?

PlaceToRent is a decentralized peer-to-peer (P2P) global platform in the space of both long and short-term residential and commercial rentals, such as homes, apartments, office, retail, and industrial space. As a decentralized marketplace, it has significant competitive advantages over centralized rental platforms:

• The blockchain enables near real-time settlement of transactions, providing reliable data and reducing risk;

• Smart contracts allow transacting peer-to-peer in a secure and transparent environment, mitigating the risk of fraud, abuse, and manipulation. Automating transactions between the tenant and landlord eliminates the need for a real estate broker or agent – and their commission fees;

• Utilizing PlaceToRent tokens for rent and bills payment incorporates transaction speed, efficiency and privacy.

Yet, PlaceToRent is more than just a decentralized real estate rental platform connecting renters with the landlords and offering useful (some innovative, some usual, though enhanced) features to facilitate the rental process. Unlike any other rental service seen in the existing rental marketplace, PlaceToRent targets under-served segments of the rental population and provides unique tools for households with invisible work and credit history (such as Millennials) to stand out in low vacancy markets. To allow for a better vetting process that can predict the prospective tenants’ creditworthiness to a landlord when a credit or work history is not yet established, PlaceToRent collects and analyzes, in addition to standard data, such information as schools attended, area of study, academic performance/GPA, standardized test scores, and other relevant information. The unique proprietary analysis powered by Artificial Intelligence provides the landlord with a deeper recommendation for prospective tenants (as opposed to just a credit score or work history) and empowers them to stand out when applying in low vacancy markets.

Additionally, the PlaceToRent platform enables qualified renters to finance their rental expenses through crowdfunding via a built-in platform feature, and has its eyes on partnering up with alternative financing service providers in the future. In a time of need or unfortunate circumstances (like a serious illness, financial troubles, legal conflicts, etc.) coming up with rent expenses may be a grueling task for a renter, putting them on the brink of eviction and leading them to websites like Kickstarter and GoFundMe. In today’s fast-paced and highly-digitized world people crowdfund money for everything, so it shouldn’t come as a surprise that they try to crowdfund their rent. Under these circumstances, there has never been a stronger demand for modern financing solutions for the renters. To keep abreast of popular practices and provide financial flexibility for renters by enabling them to finance their move-in, security deposit or rental expenses, the PlaceToRent platform will provide our community users with the incentivized benefit of participating in crowdlending for qualified tenants.

The main goal of PlaceToRent is to bring significant value to the rental industry and provide all rental market participants with a fair, secure and less costly experience within the rental process.

Get in touch with us:

▪ Token sale: https://ico.placetorent.com

▪ Chat with the team: https://t.me/placetorentico

▪ Bitcointalk: https://bitcointalk.org/index.php?topic=4266539.0

▪ Reddit: https://reddit.com/r/placetorent

▪ Medium: https://medium.com/placetorent

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▪ Twitter: https://twitter.com/placetorent