Today Hacked released a review about Rentberry.
https://hacked.com/ico-review-rentberry/
Spoiler alert: a +7.
That is usually very high on that site, but they have different reviewers and one reviewer may not be a strict or in-depth as another. In my opinion this review is not that in-depth.
Topic: RENTBERRY - DECENTRALIZED HOME RENTAL PLATFORM - page 84. (Read 28569 times)
RentBerry's soft cap is $3 million and its hard cap is $30 million. There is quite an amount of wiggle room in there. Considering most of the budget goes to IT Development, 30% to be precise, how does the development scale with the amount of money raised?
i think it will mostly depend on how much the can raise during the fundraising ico sale. they will scale it probably down, if they dont hit the hard cap.
it will probably scale more towards IT development the lower the amount raised is. makes sense that way.
Yeah, but in the end they don't need the full amount of money. So I think a good amount between 3m and 30m is possible, the hard cap must not be in the end.
After googling all this info and pr about Rentberry, i am really surprised if they don't get hardcap... but then again, bitcoin is heading to the unknown terrority and we don't know what that will make to the rest of the markets. Icos are now for people that are willing to wait, most of them have not been for a quick flip for a while, and people are hunting for those that has real world value.
Well, the ICO will run for a long time till the end of February. There is still a lot of time to raise more funds.
RentBerry's soft cap is $3 million and its hard cap is $30 million. There is quite an amount of wiggle room in there. Considering most of the budget goes to IT Development, 30% to be precise, how does the development scale with the amount of money raised?
i think it will mostly depend on how much the can raise during the fundraising ico sale. they will scale it probably down, if they dont hit the hard cap.
it will probably scale more towards IT development the lower the amount raised is. makes sense that way.
Why should we even have to guess about this? How can there be such a wide margin for building a blockchain and an app?
"Hello Mr Plumber, how much will this leaky faucet cost me?"
- "30% of the total bill, which can be anything between $300 and $3000".
"But this faucet costs only $100 at Home Depot!"
- "Well, after accounting for the cost of labor, Google AdWords and Facebook Ads fees and a mandatory donation to the Plumbing Fund, this faucet is going to cost you $1000. Please send a cheque to this address and have a nice day."
RentBerry's soft cap is $3 million and its hard cap is $30 million. There is quite an amount of wiggle room in there. Considering most of the budget goes to IT Development, 30% to be precise, how does the development scale with the amount of money raised?
i think it will mostly depend on how much the can raise during the fundraising ico sale. they will scale it probably down, if they dont hit the hard cap.
it will probably scale more towards IT development the lower the amount raised is. makes sense that way.
Yeah, but in the end they don't need the full amount of money. So I think a good amount between 3m and 30m is possible, the hard cap must not be in the end.
After googling all this info and pr about Rentberry, i am really surprised if they don't get hardcap... but then again, bitcoin is heading to the unknown terrority and we don't know what that will make to the rest of the markets. Icos are now for people that are willing to wait, most of them have not been for a quick flip for a while, and people are hunting for those that has real world value.
Great project! I decided to support the team on Twitter. I correctly understand that with all the made retweets need to be added to the report form? and where can I see the participants table?
RentBerry's soft cap is $3 million and its hard cap is $30 million. There is quite an amount of wiggle room in there. Considering most of the budget goes to IT Development, 30% to be precise, how does the development scale with the amount of money raised?
i think it will mostly depend on how much the can raise during the fundraising ico sale. they will scale it probably down, if they dont hit the hard cap.
it will probably scale more towards IT development the lower the amount raised is. makes sense that way.
Yeah, but in the end they don't need the full amount of money. So I think a good amount between 3m and 30m is possible, the hard cap must not be in the end.
RentBerry's soft cap is $3 million and its hard cap is $30 million. There is quite an amount of wiggle room in there. Considering most of the budget goes to IT Development, 30% to be precise, how does the development scale with the amount of money raised?
i think it will mostly depend on how much the can raise during the fundraising ico sale. they will scale it probably down, if they dont hit the hard cap.
it will probably scale more towards IT development the lower the amount raised is. makes sense that way.
RentBerry's soft cap is $3 million and its hard cap is $30 million. There is quite an amount of wiggle room in there. Considering most of the budget goes to IT Development, 30% to be precise, how does the development scale with the amount of money raised?
i think it will mostly depend on how much the can raise during the fundraising ico sale. they will scale it probably down, if they dont hit the hard cap.
it will probably scale more towards IT development the lower the amount raised is. makes sense that way.
RentBerry's soft cap is $3 million and its hard cap is $30 million. There is quite an amount of wiggle room in there. Considering most of the budget goes to IT Development, 30% to be precise, how does the development scale with the amount of money raised?
i think it will mostly depend on how much the can raise during the fundraising ico sale. they will scale it probably down, if they dont hit the hard cap.
In 2015? Really? You mean, they started to develop project in 2015 or they had working project in 2015?
Does it really make a difference? What matters is the current traffic and turnover through their website right now. Because if they were to have upgrade their current platform to a decentralized blockchained platform while having a small userbase, it is going to be a two-front war to get widespread adoption.
I don't know it does make a difference or not. But I'm tending to choose projects not just started 10 days ago before ico and have some process before.
What I am saying is you should primarily look at a company's current performance and try to estimate its future performance. If you go by age alone, then Netscape or Internet Explorer would be better and more popular internet browsers than Firefox and Chrome.
I think the soft cap will be hited easily, people seems to enjoy the project and the Rentberry start to have a nice visibility. 3 million $ can be reached fast !
well, rental real estates on a blockchain are at the moment on an uptrend. take a look at relest, atlant and so on. i think that they will hit 10million pretty easily.
RentBerry's soft cap is $3 million and its hard cap is $30 million. There is quite an amount of wiggle room in there. Considering most of the budget goes to IT Development, 30% to be precise, how does the development scale with the amount of money raised?
i think it will mostly depend on how much the can raise during the fundraising ico sale. they will scale it probably down, if they dont hit the hard cap.
I sometimes wonder in what way development will be scaled down in such a case. I mean, they can't let important features go over board in the end.
I think the soft cap will be hited easily, people seems to enjoy the project and the Rentberry start to have a nice visibility. 3 million $ can be reached fast !
I think it’s the good time to develop a decentralized rental platform, it will take some time to expand, so start now is the right thing to do. Rentberry can become a big platform in the future.
it is the perfect time now for a decentralized rental platform.
The farther they will go into the blockchain and project development, the more people will be attracted. I believe that Rentberry has all the potential to become a widespread platform. It is planning to offer a lot of unconventional and very convenient services that is supposed to make rental process a whole lot better.
if they manage to stay on target and the stuff done , then they will need to face up with the competition in this area. hope they succeed.
Yes, that's right, they won't be alone in this segment. But they have the advantage of an already running platform with a lot of customers so they don't need to build up everything from scratch.
There are mot many competitors if we speak about rental market + crypto. The auctions based one Relest didn't do well as far as I remember
True but its still early. Relest was just a few months ago. It takes awhile for some cryptocurrencies to get off the ground.
If I recall correctly Relest post poned their ICO because no one was joining it (they didn't even had a platform, it's not comparable to Rentberry at all)
I don't know much about Relest but there might be also other conventional renting platforms out there that already are planning to 'upgrade' their technology and become Rentberrys competitor.
I found short but informative Rentberry review, you can also watch this:
https://www.youtube.com/watch?v=noxa5qQzU_w
https://www.youtube.com/watch?v=noxa5qQzU_w
A good video, although there is nothing new here that can not be read on the site. And what about Naga, I do not quite understand.
RentBerry's soft cap is $3 million and its hard cap is $30 million. There is quite an amount of wiggle room in there. Considering most of the budget goes to IT Development, 30% to be precise, how does the development scale with the amount of money raised?
i think it will mostly depend on how much the can raise during the fundraising ico sale. they will scale it probably down, if they dont hit the hard cap.
I think it’s the good time to develop a decentralized rental platform, it will take some time to expand, so start now is the right thing to do. Rentberry can become a big platform in the future.
it is the perfect time now for a decentralized rental platform.
The farther they will go into the blockchain and project development, the more people will be attracted. I believe that Rentberry has all the potential to become a widespread platform. It is planning to offer a lot of unconventional and very convenient services that is supposed to make rental process a whole lot better.
if they manage to stay on target and the stuff done , then they will need to face up with the competition in this area. hope they succeed.
Yes, that's right, they won't be alone in this segment. But they have the advantage of an already running platform with a lot of customers so they don't need to build up everything from scratch.
There are mot many competitors if we speak about rental market + crypto. The auctions based one Relest didn't do well as far as I remember
True but its still early. Relest was just a few months ago. It takes awhile for some cryptocurrencies to get off the ground.
If I recall correctly Relest post poned their ICO because no one was joining it (they didn't even had a platform, it's not comparable to Rentberry at all)
RentBerry's soft cap is $3 million and its hard cap is $30 million. There is quite an amount of wiggle room in there. Considering most of the budget goes to IT Development, 30% to be precise, how does the development scale with the amount of money raised?
Although not the first one to do this in real estate space. Rentberry has a good track record. I am looking forward to reading up about the business side of things.
Yes, they were existing already even before they adopt the blockchain technology. So I really hope this succeeds. I am seriously thinking of investing in Rentberry now. But I needed more research, so I'll do just that before jumping right in.
I think the differences between Rentberry and his competitors, is that Rentberry has an already working product
They do not have a working product on the blockchain. They claim that they already have a working business in the field of real estate rental. It is for the development of a working platform for rent that they collect money for the ICO.
Where are the devs?
Wish they atleast assigned someone to answer our queries. Right now, we're speculating and talking to ourselves.
But they really already have a working platform, just try it by yourself : https://rentberry.com/
I doubt that they will be able to expand their business beyond USA in the coming years. Although this is a big market for rent.
I found short but informative Rentberry review, you can also watch this:
https://www.youtube.com/watch?v=noxa5qQzU_w
https://www.youtube.com/watch?v=noxa5qQzU_w
Thanks for sharing the video with us. New input with other opinions about the project is always appreciated.
Jump to: