Topic: RENTBERRY - DECENTRALIZED HOME RENTAL PLATFORM - page 80. (Read 28557 times)

How are u different from AirBNB?? As for the same things

I dont really get it, maybe because im a european, so can someone please clearify the following:

is auctioning for rental prizes normal in the USA?
I ask this as i have read that they want to expand to europe. BUT, in europe almost all countries have rules and protection for both buyers and sellers. Rental prices can not be auctioned as prices are fixed based on appartment size, condition and stuff like that. In most european countries its highly illegal to do such auctions: you can not ask person A to pay - for example - 1000 a month, and ask person B to pay 300. Thats illegal. We have a point system here which checks the total size, amount of rooms and things like that. based of that outcome there will be a fixed prize range you can use. You can not ask 100k a month for an appartment that is worth 1k a month, even if the demand skyrockets.

So even if the rules in usa are different i see some problems with their "expanding to europe" goals. Sure not all countries here have the same rules, but a succesful usa system doesnt mean its going to be succesful here. Amazon, Uber, Ebay. VISA, Mastercard, they all failed here, nobody uses them here.

why would anyone even use such token/blockchain system?
Most people dont even know what bitcoin is! It will take years before regular people will trust things like this, and when it comes to houses, people are very careful.

Hello paycum2,

We are convinced that blockchain technology combined with smart contracts will be the core engine for the long-term rental industry. The blockchain provides a mechanism for securing and transferring funds, and supporting the complex multi-party agreements that drive those fund transfers through the use of smart contracts.
The data will remain saved in an immutable distributed data store means that users can rest assured that their data cannot be tampered with, payment flows will be optimized, identity will be managed securely, and ultimately the overall rental experience will be improved.

Please check out the Whitepaper where you will be able to find the detailed description on why tokenization and blockchain are required in long-term rental industry.

Where can I see this information? If there is a planned development of the community, then the implementation of the highest, just to find a local platform like localization NO1

Rentberry will start global expansion in 2018. First of all they are planning to expand to Australia, Canada, New Zealand and England. 

Rentberry will start global expansion in 2018. First of all they are planning to expand to Australia, Canada, New Zealand and England. 

Is there any administrator of this ICO that wants to say something regarding this issue? I think he's got a point...

I was taking a look through Rentberry token sale terms and whitepaper. Big red flags (at least to me) appeared  . Asking for wallet private key which I would never give out and would avoid anyone who would ask. I'll be giving this a pass.

Straight out of their token sale terms:

"Contributions to be made in ETH must be sent from an Ethereum wallet in
respect of which you can identify your private key. Your private key shall be
required to verify your ETH contribution to Rentberry and to enable Rentberry to
issue BERRY Tokens to you through the Smart Contract System."

-Similar in regards to bitcoin contributions.

"Risk of Losing Access to BERRY Tokens Due to Loss of Private Key(s).
BERRY Tokens purchased by you may be held in a digital wallet or vault, which requires a private
key or a combination of private keys for access. Accordingly, loss of requisite private key(s)
associated with your digital wallet or vault storing BERRY Tokens will result in loss of such BERRY
Tokens, as well as access to your BERRY Token balance. Moreover, any third party that gains
access to such private key(s), including by gaining access to login credentials of a hosted wallet or
vault service you use, may be able to misappropriate your BERRY Tokens. Rentberry is not
responsible for any such losses."


I would advise anyone to use Extreme Caution as we all should know to never trust anyone with our private keys.

You have been warn, but if you really want to participate even after reading this: the least you should do is set up and use a new secondary wallet. Then, deposit into the secondary wallet only the amount that you wish to contribute. Added protection to anyone participating, transfer tokens right away if distributed. Be safe and good luck.

Rentberry TS Terms: https://rentberry.cryptonomos.com/downloads/Rentberry_Terms_of_Token_Sale.pdf

I dont really get it, maybe because im a european, so can someone please clearify the following:

is auctioning for rental prizes normal in the USA?
I ask this as i have read that they want to expand to europe. BUT, in europe almost all countries have rules and protection for both buyers and sellers. Rental prices can not be auctioned as prices are fixed based on appartment size, condition and stuff like that. In most european countries its highly illegal to do such auctions: you can not ask person A to pay - for example - 1000 a month, and ask person B to pay 300. Thats illegal. We have a point system here which checks the total size, amount of rooms and things like that. based of that outcome there will be a fixed prize range you can use. You can not ask 100k a month for an appartment that is worth 1k a month, even if the demand skyrockets.

So even if the rules in usa are different i see some problems with their "expanding to europe" goals. Sure not all countries here have the same rules, but a succesful usa system doesnt mean its going to be succesful here. Amazon, Uber, Ebay. VISA, Mastercard, they all failed here, nobody uses them here.

there is no transparancy in current offline market, and it cost a lot of headaches for both buyers and sellers?
Again, here in most european countries when a house owner tries to rent his appartment through a third party, that third party can not ask any fee to the person who is going to rent the appartment. That is highly illegal. The fee has to be arranged between the owner and the third party. So, no problems at all. The whole renting market is already transparant here, so i dont see the problem. I do however see problems with Rentberry. They can not ask for a fee to their users here, thats not legal (but ok they probably find a way around this by charging paid access to the website's services or things like that).

And when i read these things:
"Rentberry charges users a $25 fee, but in the future, it plans to charge 25 percent of the difference between the asking price and the agreed upon rent. Whoever received the better deal pays the fee -- every month." i just see a company who tries to make as much money over peoples backs. Dont get me wrong, making money with your business is good, but when you say things like "taking away the middleman," while basically you are adding Rentberry as a "new" middleman (who fills his pockets with even more money), then you dont solve a problem, you create a new problem.

why would anyone even use such token/blockchain system?
Most people dont even know what bitcoin is! It will take years before regular people will trust things like this, and when it comes to houses, people are very careful.

Startup creating new startup?
Also i see that Rentberry has been around since 2015, so basically its still a startup. No problem with that, but a startup wanting to transform into another startup sounds kind of strange/worrying. In my opinion this basically means the first idea failed, or, they start a new idea without completing the old one, which doesnt have to be bad, but it tells something about the people behind it.

The current userbase looks great, but can i find some stats on how realistic those numbers are? I mean, not to be negative, but i can see that the Rentberry ico marketing team is great, as (bought)news coverages are shown everywhere (yet another reason for red flags as basically all news coverage seems to be paid ones), so how can we be sure that all those nice stories and shown numbers are real? I can easily create a fake 120k customerbase with some easy advertising campaigns just to make it look good on the outside. Im not saying Rentberry's data is fake, but are those customers just people who signed up by email (and like almost all email signups, never look at it again) or are they really using your platform on a daily base? If yes you should be able to show us a lot of statistics.

What are your plans for the future?