It's been a while since I posted something new, but be sure that I am coming with something fresh, new, and amazing project when I do it.
Do you imagine that someday your own property rent can be tokenized and embed into a blockchain using smart contracts and receive upfront the entire long-term rent payment?
Do you imagine how is to move straight away into a secure and dreamed property by paying the rent month by month with crypto, with no security deposit required and 0% commission?
iRentNow solution:
The first crypto platform for tenants and landlords that will transform classic leases into smart contracts.
These smart contracts can be purchased by investors in the form of an investment for a fixed period (6 or 12 months) with an interest rate of 10% per contract.
Let's understand better the benefits of using iRent token:
- disrupts the traditional booking marketplaces by creating a tenant economy where the tenants and accommodation providers become uniquely aligned to serve one another;
- iRent tokens are the engine of the platform as they unlock utility on the website. The utility of iRent has a wide range of services, including booking, advertising, and purchasing of IRE Real Estate Smart Contract;
- Tenants will be able to book their accommodation by paying only 1 month upfront with a 0% transaction fee;
- By renting through their platform, the identity of both the tenant and the landlord will be protected. By doing this, they will be able to eliminate the possibility of creating jams, harassment between parties
- All community members will have the benefits of using iRent.
What is the smart way of approaching, is that it creates a unique trio ecosystem benefits between the tenants, landlords, and investors. And I will explain below the main short benefits:
For Tenants:
- You can book your accommodation for the long term by paying just 1 month upfront;
- Each contract will have 6 or 12 months long with the possibility of renewal;
- No security deposit is required and 0% commission.
For Landlords:
- Due to the benefits of using BSC Smart Contracts, Landlords are now eligible to receive the entire amount of the rental agreement 24 hours after Tenants are moving into the accommodation, instead of collecting it monthly;
- For this service, Landlord will be charged a commission of 15%;
- 10% will represent the Investor revenue and 5% will represent the iRent commission.
For Investors:
- Investors have the opportunity to provide a liquidity pool for IRE Smart Contracts that are created once accommodation is listed on iRent platform;
- For every liquidity provided for an IRE Smart Contract, the Investor will get 10% revenue-back;
- Investment period: 6 or 12 months.
Which is cooler, to be a tenant, landlord, or investor?
My own opinion is all of those position comes with high benefits using the best and latest state of blockchain disruptive technology.
What I found the most interesting part of this hidden gem project, is that they are partnered already with an IT company called Neoteck Grup and the MVP is already in the building and developing phase, no matter what the progress of the pre-sale event is doing, which rarely you find projects with this level of commitment and involvement.
I know that most of the blog posts out there present you in a formal way the benefits of a certain project, and very few are offering you a personal experience.
This is why I want to give a short summary about my personal experience with them, from a to z, from the beginning of inquiring on their public channels till the end of my first purchase of IRE tokens from their launchpad:
- Their website is readable and easy to access all necessary information;
- Their social channels are well made up and the official support from the Telegram channel is responsive;
- They have organic growth, so do not expect thousands of members, but over there are real persons, not bots;
- The CEO and team members are present and helpful with any issues which you might have;
- From time to time they are organizing airdrops, contests, and other activities;
- Launchpad is very easy to sign up, follow up instructions on how to buy and use the coolest crypto assets BNB / ETH for paying it;
- My payment and receival of the tokens in just 15 minutes finished all steps;
- I was able to hold on in private to the management of the project and even ask them difficult questions related to the project.
Overall, I am happy with the support and how the flow is easy to follow up and buy the token in their pre-sale event, and also I like that you receive in your own wallet and are not blocked in other platfoms. But, they can improve their marketing side, promote their private sale in a more active and engaged community to help to spread the word.
I had a nice private Q&A with iRentNow crypto management project, please see below a short summary of our discussion and their answers presented in clear sentence.
- There are some legal protection side views/aspects of investors and landlords in case some tenants will go rogue or will not be able to pay their monthly rent, this information will be made public after the MVP is being officially released;
- The smart contracts will be done on BSC network. Everything that will be done on the iRent platform will be as transparent as possible. They will also create different wallets for:
- Reward program where 25% of the total coins issued are deposited;
- Platform cost & Development program where 20% of the total coins issued will be deposited;
- Employee program where 15% of the total coins issued will be deposited.
In this way, they will be able to offer as much transparency as possible for investors and for any taxation and control institution. Each month from these wallets will be deducted and introduced in the Open Market a number of 1,388,888 IRE Tokens, which will help to develop the platform and expand the services offered, and also for the remuneration of employees and founders. - To avoid associating the IRE Token with a security token, the fundamental principle set-up is the "Stakeholder". When the rent is paid monthly by the tenant, the funds are transferred directly to the Investor's Wallet, adding the 10% profit related to that value, this offering the investor the possibility to withdraw the amount paid by the tenant plus the 10% profit when he wants, monthly or at the end period, but the profit will be the same, of 10% only that it will be divided by the number of months stipulated in the contract.
- Regarding the collaboration, they are already in discussion with more than 8 international agencies and one famous local online platform from Romania.
- Everyone will pay their own taxes in the country where they live when they withdraw cash resulting from transactions/investments.
- They will be focused only on long-term rent opportunities (6 / 12 months).
- Considering that they have decided to open a startup in Romania, they will obey the laws of Romania. In Romania, they will be represented by a well-known law firm in Romania, and internationally we will be represented by a law firm that is part of the top 10 world renown. The names of the partners will be displayed with the launch of the MVP, which will provide a substantial increase in the value of the IRE token.
- They are working right now on the MVP product, no matter how many funds are gathered during this presale event.
- It will follow up some good partnerships and collaboration with several PR and Marketing agencies for increasing brand awareness.
- They are considering also collaborating with a well-known property insurer for future rent contracts.
- Regarding tech collaboration, an undisclosed known company is working on MVP.
Still not convinced?
Have a look over their Pitch Deck designed especially for investors like you.
(First decentralized long term booking platform)
This is not your own screen telling you to wait a moment, is the best moment where you stop, don't rush to the end of this post and read because I have something very important to tell you now!
iRentNow is doing an amazing Pre-Sale event, with a huge 15% bonus for every purchase made on their platform.
You can use BNB smart chain or/and ETH for buying the token in the pre-sale having an amazing fix price of 1 IRE = $0.50.
Go ahead, don't waste your time because this is a limited one time offer by using the following below link:
Register & Buy, and receive 15% Bonus Link
