//RxEal Analysis

RxEal Analysis

The tokensale is currently live with a 50% bonus. Website: https://rxeal.com/Basic Info. The Leading Coin for Real Estate Developers, Property Managers, Multi-Unit Landlords and Rental and Leasing Agents. Securing Leasing and Rental Deposits in Real Estate and Automobile Industry via Smart Contracts. Improving management efficiency for Property Developers, Multi Unit Landlords, and Rental Agencies. Increasing transparency for Lessors and Lessees Everywhere.Sale and Bonus StructureToken Supply: 96000000 RXL Total Public Sale Tokens 48,000,000 RXLTier 1 – 4,800,0000 RXL @ 1800RXL=1ETH 50% BonusTier 2 – 14,400,000 RXL @ 1440RXL=1ETH 20% BonusTier 3 – 14,400,000 RXL @ 1320RXL=1ETH 10% BonusTier 4 – 14,400,000 RXL @ 1200RXL=1ETHWhitepaper English: https://ift.tt/2FNkMRn English: https://ift.tt/2HNLvK0 Deeper Analysis. The traditional deposit system has three commonly acknowledged flaws — Benefits to Property Managers, Real Estate Developers, Multi Unit Landlords and Rental and Leasing Agencies:1 — Tracking Deposits mingle with landlords’ regular checking or savings accounts. They become impossible to track or to validate in court. The best method for Landlords to avoid this that would be accepted by a court is to have separate bank accounts for deposits and rental operations for EACH tenant – This is a lot of bank accounts to manage. RxEAL’s solution: the deposit is stored in a smart contract during the rental period or until mutually approved action is initiated, separate from both landlords’ and the renters’ accounts.2 –Accidental spend If landlords get into financial difficulty they might be tempted to use the deposit to get out of a tight spot. Or they might spend the money accidentally. Either way, there might not be any money to return when the lease is up. RxEAL’s solution: the deposit is stored safely in a smart contract. Landlords have no ability to access the funds. (Legally they do not have the right to use the funds, so this allows for enforcement)3 – Interest accumulation In some jurisdictions, landlords must collect and return to the renter every cent the deposit earns in interest. This is difficult to track and calculate. RxEAL’s solution: the deposit is stored either in Ethereum, a possible investment tool, or the more stable token Dai. Either way, the deposit amount is recorded in number of tokens rather than their fiat value. Exactly the same number of tokens are returned to the renter, so any interest is automatically included.Benefits to Tenants:Mutual control Deposit funds are stored inside the smart contract during the rental period or until mutually approved action is initiated with no ability for lessor to unilaterally access the deposited funds.Trust issue solved Smart contracts solve the issue of trust involved in handing over security deposits to the other party for storage. The smart contract will ensure that the deposit amount is stored securely on the Ethereum blockchain throughout the course of the agreement.Disputes replaced with technology 6 billion EUR are annually lost due to disputes in UK alone. We replace legal fees with smart contracts and a decentralized dispute resolution. Disputes are resolved quickly by independent and qualified arbitrators within the RxEAL platform.Currently, a tenant (someone that is is renting) has to give a landlord a security deposit when they move in. Landlords don’t always make it clear why they don’t give it back, or why they are deducting from it.With this system tenants also have security in knowing that the deposit is placed in a smart contract. The landlord can’t spend it or commingle it with other funds. If there is a dispute, because the funds are in smart contract, the tenant has recourse without taking landlord to court. In the USA, when a tenant gives landlord 1 month of security deposit, the landlord (depends in which state) has to put it in a bank and get interest. When the tenant leaves the landlord has to give $1000 + interest. With RxEal, the tenant or landlord or both(depending on jurisdictional law) would be able to have control of the investment that the security deposit is in and they could invest it in other crypto as well if they wanted.-“RxEAL solution increases transparency in our relationship with tenants and perfectly integrates into a blockchain ecosystem where property management processes reach a higher level of efficiency” – Luca Dotti, Property Developer And RxEal Advisor

The tokensale is currently live with a 50% bonus. Website: https://rxeal.com/

Basic Info. The Leading Coin for Real Estate Developers, Property Managers, Multi-Unit Landlords and Rental and Leasing Agents. Securing Leasing and Rental Deposits in Real Estate and Automobile Industry via Smart Contracts. Improving management efficiency for Property Developers, Multi Unit Landlords, and Rental Agencies. Increasing transparency for Lessors and Lessees Everywhere.

Sale and Bonus Structure

Token Supply: 96000000 RXL Total Public Sale Tokens 48,000,000 RXL

Tier 1 – 4,800,0000 RXL @ 1800RXL=1ETH 50% Bonus

Tier 2 – 14,400,000 RXL @ 1440RXL=1ETH 20% Bonus

Tier 3 – 14,400,000 RXL @ 1320RXL=1ETH 10% Bonus

Tier 4 – 14,400,000 RXL @ 1200RXL=1ETH

Whitepaper English: https://storage.rxeal.com/public/RxEAL_White_Paper.pdf

OnePager English: https://storage.rxeal.com/public/onepagers/rxeal_onepager_en.pdf

Some Deeper Analysis. The traditional deposit system has three commonly acknowledged flaws — Benefits to Property Managers, Real Estate Developers, Multi Unit Landlords and Rental and Leasing Agencies:

1 — Tracking Deposits mingle with landlords’ regular checking or savings accounts. They become impossible to track or to validate in court. The best method for Landlords to avoid this that would be accepted by a court is to have separate bank accounts for deposits and rental operations for EACH tenant – This is a lot of bank accounts to manage. RxEAL’s solution: the deposit is stored in a smart contract during the rental period or until mutually approved action is initiated, separate from both landlords’ and the renters’ accounts.

2 –Accidental spend If landlords get into financial difficulty they might be tempted to use the deposit to get out of a tight spot. Or they might spend the money accidentally. Either way, there might not be any money to return when the lease is up. RxEAL’s solution: the deposit is stored safely in a smart contract. Landlords have no ability to access the funds. (Legally they do not have the right to use the funds, so this allows for enforcement)

3 – Interest accumulation In some jurisdictions, landlords must collect and return to the renter every cent the deposit earns in interest. This is difficult to track and calculate. RxEAL’s solution: the deposit is stored either in Ethereum, a possible investment tool, or the more stable token Dai. Either way, the deposit amount is recorded in number of tokens rather than their fiat value. Exactly the same number of tokens are returned to the renter, so any interest is automatically included.

Benefits to Tenants:

Mutual control Deposit funds are stored inside the smart contract during the rental period or until mutually approved action is initiated with no ability for lessor to unilaterally access the deposited funds.

Trust issue solved Smart contracts solve the issue of trust involved in handing over security deposits to the other party for storage. The smart contract will ensure that the deposit amount is stored securely on the Ethereum blockchain throughout the course of the agreement.

Disputes replaced with technology 6 billion EUR are annually lost due to disputes in UK alone. We replace legal fees with smart contracts and a decentralized dispute resolution. Disputes are resolved quickly by independent and qualified arbitrators within the RxEAL platform.

Currently, a tenant (someone that is is renting) has to give a landlord a security deposit when they move in. Landlords don’t always make it clear why they don’t give it back, or why they are deducting from it.

With this system tenants also have security in knowing that the deposit is placed in a smart contract. The landlord can’t spend it or commingle it with other funds. If there is a dispute, because the funds are in smart contract, the tenant has recourse without taking landlord to court. In the USA, when a tenant gives landlord 1 month of security deposit, the landlord (depends in which state) has to put it in a bank and get interest. When the tenant leaves the landlord has to give $1000 + interest. With RxEal, the tenant or landlord or both(depending on jurisdictional law) would be able to have control of the investment that the security deposit is in and they could invest it in other crypto as well if they wanted.

-"RxEAL solution increases transparency in our relationship with tenants and perfectly integrates into a blockchain ecosystem where property management processes reach a higher level of efficiency" – Luca Dotti, Property Developer And RxEal Advisor