мая 13, 2018

Security deposits: depositors are facing issues, RxEAL has an ultimate solution to resolve discrepancies.

How often do you find getting back your rental deposit tiring? Homeowners can delay it to intolerable limits. Some homeowners may not pay it back at all. Even worse, some disputes associated with it are taken to courts. The security of your deposit is a big concern. That amount of cash is never in your control. The second party that holds your deposit cannot be trusted. There are no regulatory bodies in this area. These are no escrow for rental deposits. It’s surprising that there are no solutions to this worldwide. It is really a large gap in the $3 trillion real estate industry.

Rxeal is the first company that attempts to solve this issue. As a platform it offers safe rental deposit storage on the blockchain. The deposits are backed by smart contracts rather trust. Your tenant cannot take out the security deposit for personal use. It will stay as a security deposit, which you get back once you evacuate the house on agreed terms. The platform provides decentralized dispute resolution focusing on real estate and automotive rentals. It will extend to other industries which require trustless fund storage. Fair and quite dispute resolution is what Rxeal offers to all parties involved.

How it works?
For starts, Rxeal combines blockchain tech and day to day rental transactions. It creates a link, where users with little to no technical knowledge can enjoy benefits of smart contracts. It is a platform designed to develop and execute smart contracts. It includes custom triggers pertaining to rental security deposits. Your deposits are stored in form of cryptocurrencies, thus enabling them to interact with smart contract. The crypto form is maintained during entire course of agreement. It also provides decentralized dispute resolution window to guarantee fair and timely settlement. The distribution is done at end of contract term.

How can you take advantage?
Rxeal gives the newest way to profit from real estate. This is by far, the largely untapped market. You can also be a part of the blockchain solution to all rental security deposit issues globally. You can gain from residential properties, office spaces, automotive rentals and literally anything that can be rented. Service fees are numerated in RXL tokens. Fees are calculated for the deposit amount in USD. This way service fees are not affected from fluctuating value of tokens. You can make Rxeal your steady revenue stream for the future.

ICO Information:
The tokens go by the ticker – RXL. The presale is already on. The presale begins by 15th January 2018. Only Ethereum is the accepted payment method. The presale will go on till 5th February 2018.The official ICO starts by 15th February 2018 and end on 21st March 2018. The total token supply is 96 million RXL tokens. 6% of tokens are reserved for presale. ICO gets 50% of the total token supply. 800 ETH is the soft cap for token sale. Presale bonus of 50% brings the token price down to 0.0025. It is a good reason why you should grab tokens early.

RxEAL model depicts that owner will pay RXL and will create smart contract for deployment afterward, customer will send it deposit directly to smart contract and at the end of contract smart contract will release deposit according to fair polices of paid agreement after deducing contract fees. If somehow, dispute has raised smart contract will sort it out by every possible way within seconds. It is the most straightforward and easy model to resolve the disputes in the rental industry at lower cost and in a more secure way. The fee is very small which will be applicable to avail this service for instance if agreement value is equal to 1500 USD only 3.4% fee will be charged. Fees are subjected to be changed for higher amounts. Ethereum block-chain is most advanced and up-to-date technology, all deposits will remain save in smart contract nodes even RxEAL has no possession of it. Firstly, ETH will be bought to use smart contracts and ETH will be convert into Dao stablecoin, it will never devalue either ETH price increase or decreases. Clients and owners will HTTP’s to secure their data of information and transections after that data will be sent to API application endpoint which will be attached to Ethereum block-chain. For further insight about the project please visit whitepaper.

Token name is: Rxeal, token ticker is: RXL, Token standard is: ERC20 and almost 96000000 tokens will be released. For ease purpose initially 1ETH= 1200 RXL. During the ICO event almost 56% of token will be provided, during the event main purpose is to rise 800 ETH to sustain RXL growth and company otherwise it will be dissolved under unforeseen circumstance.