RENTBERRY: RENTAL PLATFORM BASED ON BLOCKCHAIN TECHNOLOGY

The difficulties and lack of transparency surrounding traditional rental acquisition processes internationally, has prompted the founding of Rentberry. Other industries have evolved over time yet property rental industry has failed to. Issues like submission of rental applications, bidding war experience with other prospective tenants and the strenous face-to-face negotiations with landlords influenced the decision to create Rentberry. Ads in print publications are still the norm even in present times. Agents and brokers sometimes charge substantial fees for minimal services. Even with perfect credit reports, employment histories and references, people still have to freeze lots of money for rental security deposit. International renters find it difficult qualifying to rent overseas because their credit scores and credit histories are only binding in their country of citizenship or in the country in which they are legally qualified to work and live in at the moment. Traditional rental acquisition processes are just time consuming, costly and stressful and this makes us think that the current process is inefficient. According to United Nations statistics, more than 244 million international migrants live worldwide and the Urban Institute predicts that 59% of new households to be formed by 2030 will be renting homes instead of buying them. For these reasons, Rentberry, a transparent and decentralized long-term rental ecosystem, has been set up to bring together both landlords and tenants thereby simplifying rental processes through its online property management technology that is based on blockchain. This ecosystem will have verified information on renters and landlords and will serve as a solution to rental acquisition processes globally as well breed trust between both parties by making the rental process less costly, more convenient and secure. The patented auctioning technology of Rentberry will help reduce scam rates, time delays and other issues thereby benefiting landlords and tenants. Millions of dollars tied up as rental security deposits will also be unfrozen, using the Rentberry ecosystem. Because the costs and characteristics of housing vary world over, Rentberry will offer a solution that will be efficient for residents internationally.

BENEFITS OF RENTBERRY
• The need for agent/broker model and related expenses will be eliminated thereby enabling landlords and tenants to complete all rental tasks online in a peer to peer manner
• A uniform international standard of rental procedures will be formed which will profit both expatriates and migrants living and working in new countries
• A crowdsourced security deposit network that will allow tenants to reduce the amount of money required for their rental security deposits will be provided

MAJOR FEATURES OF THE RENTBERRY PLATFORM
• Auctioning Technology
• Crowdsourced Security Deposit Network
• Patented Scoring System
• Rent Payments
• Payment of utility bills
• Third Party Service Providers
TASKS THAT CAN BE COMPLETED ON THE RENTBERRY PLATFORM
• Properties searching
• Prospects screening
• Making offers/bids
• Selecting the best and most suitable candidates
• Term negotiation
• Unlocking rental security deposits
• E-signing contracts
• Rent payment
• Enabling landlords to stay connected with tenants
• Submitting maintenance requests
• Hiring third-party service providers
Note that Rentberry plans to decentralize and automate these tasks using our BERRY token blockchain technology. Tenants will be able to view rental listings for free while landlords with real estate corporations, brokerage firms and property management companies, that choose to manage simultaneously above 3 properties on the Rentberry platform, will pay only 150 BERRY tokens -USD $30, per month.

BENEFITS OF RENTBERRY TO LANDLORDS
• Rental Price Auction
• Listing Marketing & Syndication
• Rent Collection and Use of BERRY Tokens
• Scoring Methodology

BENEFITS OF RENTBERRY TO TENANTS
• Transparent Process of Application
• Focused Property Search
• Crowdsourced Security Deposit Coverage
• Security of Tenant Information
• Maintenance Requests
• Rental Contract Execution

BLOCKCHAIN TECHNOLOGY AND SMART CONTRACTS
Using blockchain and smart contracts, Rentberry will manage and implement the following features on its platform;
• Know Your Customer/Anti-Money Laundering
• User identity -tenant/landlord
• Reputation
• Proof of biometric authentication
• Every activity that mutates the smart contract based identity profile
• Every activity that drives token movement
• All agreements by parties

RENTBERRY TOKEN
Buyers will be able to buy BERRY tokens with Bitcoin or Ethereum and BERRY tokens will be used within the Rentberry platform. Rentberry users must use an ERC20 compatible wallet to receive BERRY tokens that will be distributed after purchase and Rentberry holds the right to reject potential BERRY token purchases. BERRY token sale will begin on December 5th 2017 9:00 New York Time (EST) and will end either on February 28th 2018 23:59 New York Time (EST) or when the amount of received contributions reach $30 million USD as long as Rentberry may extend the Closing Date. If Rentberry doesn’t receive a $3 million USD minimum contribution on the closing date or on the last occasion that Rentberry extends the closing date, contributions will be returned to contributors. An initial total supply of 400 million BERRY tokens are allocated to token sale and the minimum amount for purchasing BERRY token is 1 ETH = 2,500 BERRY while the hard cap is a BERRY token equivalent of $30 million USD.

TOKEN ALLOCATION
Token Sale – 70%
Rentberry Reserve – 20%
Rentberry’s founders and employees – 10%

BUDGET ALLOCATION
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Marketing and Sales - 20%
IT Development - 30%
Bug Bounty Program - 2.5%
Acquisitions and Partnerships - 15%
International Expansion - 12.5%
Admin and Operations - 10%
Development Fund - 5%
Legal - 5%

ROADMAP
2018
Technology advancement
Crowdsourced Rental deposits
Tokenization
2019
Proprietary Scoring System
Third-Party Providers
International Expansion
2020
Smart-Lock Technology
Online Utility Bills

RENTBERRY TEAM
Alex Lubinsky - CEO
Lily Ostapchuk - CPO
Aleksey Perfilov – CTO
Serge Gritsenko – COO
Denys Golubovsky – Blockchain developer
Eugene Terentev - Blockchain developer
David Sviatozhevsky - Blockchain developer
Eugene Kurasov – Backend developer
Alex Svityashchuk - Backend developer
Nadia Sidko - Frontend Developer
Alexander Vilko - Frontend Developer
Anton Kazanov - Frontend Developer
Kostyantin Horozhanov - Frontend Developer
Denys Mykhailyshen - Frontend Developer
Max Zabarylo - QA Engineer
July Yakimova - QA Engineer
Alex Humeniuk - SEO Engineer
Alex Kotovskov - Product Designer
Liza Repko - Visual Designer
Serge Sokolov - Marketing Director
Alyona Blakytna - Business Development
Kseniya Tunikova - Content Manager
Kate Fisenko – Sales

ADVISORS
Adi Ben-Ari - CEO Applied Blockchain
Glen Reed – Partner, King & Spalding
Andrew Barlow - Managing Director, Venturian
Bijal Shah – Principal, WP Global Partners
Max Tappeiner – VP of Operations, Las Vegas Sands Corp.
Michael Fernandez - CEO, Factory 360
Maulik Bhagat - Managing Director, AArete Consulting
Michael Koran – Founder, Primary Residential Mortgage
Trevor Richards – CTO, Lightwell Corporation
Raj Nair - VP of Technology, Ericsson
Ayesha Rahman - Senior VP, Savantage Solutions
Derek Schueren - Managing Director, Recommind
Marco Rossi - VP Sales & Marketing, Siemens
Edward Levin – Partner, Pegasus Capital
William Robinson - Head of Patent Team, Lookout

INVESTORS
JadeValue (CashBUS) - VC Fund, China
808 Ventures - VC Fund, Australia
Zing Capital - VC Fund, Canada
Beechwood Ventures - VC Fund, USA
Brian Nelson - Co-President, Nelson Brothers Property Management
Patrick Frost – CEO, The Swiss Life Group
Trevor Bond - Co-chair, HBS Alumni Angels
Paolo Zapparoli – President, 92 Ventures
Matthew Russell - Executive Director, Braas Monier Building Group
Gregory Lee – President, Nokia Technologies
Marie Ebersbacher - Managing Director, CBIZ
Beat Neukom - Chief Financial Officer, Merz Group
Ryan Sullivan – CEO, Intensity
Kevin Pshebniski – CEO, Hopewell Development
Lee Leslie - Executive VP, Ten-X Real Estate
Leslie Bai – President, Siemic Corporation
Milorad Andjelic – Partner, Abris Capital
Aaron James Deer - Managing Director, Sandler O'Neill + Partners
Carolyn Taylor – President, Weatherly Asset Management
Matthew Cottis – Partner, Hogan Lovells LLP

For more information about our unique project and to connect with other participants across the globe, please feel free to click on any of the following links;
ANN thread: https://bitcointalk.org/index.php?topic=2573384.0
Website: https://ico.rentberry.com/
Telegram: https://t.me/rentberry
Twitter: https://twitter.com/rentberry_?lang=en
Facebook: https://www.facebook.com/RentberryInc/
Whitepaper: https://ico.rentberry.com/#whitepaper
ICO website: https://rentberry.cryptonomos.com/