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RxEAL

Real Estate

Overview

RxEAL is a platform for security deposit storage on the Ethereum blockchain. It provides decentralized dispute resolution with the main focus on real estate and automotive rental markets. 

Features

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.

Three verified, independent and randomly assigned arbitrators will review each case and the result will be determined by the decision of the majority based on the evidence each party has provided. 

To become a verified arbitrator the user will have to pass an online test to prove they are qualified to participate in the dispute resolution.

Proposed rates are as follows: 2.3% for 0-1500 USD equivalent deposits (minimum 4USD); 34.5 USD + 0.3% for 1500.01+ USD equivalent deposits; fixed arbitrator commission of 9 USD equivalent in case of the dispute.

Unified standard for security deposits when renting property, cars and other assets.

Crowdsale

Pre-sale
Pre-sale start date 15 Jan 2018
Pre-sale end date 02 Feb 2018
Pre-sale token supply 5,760,000
Token Sale
ICO start date 19 Feb 2018
ICO end date 19 Mar 2018
ICO token supply 48,000,000
Raised 279,180 USD
Legal
Registration Country Seychelles
Registration Year 2017
Token details
Ticker RXL
Type Utility-token
Additional Token Emission No
Accepted Currencies

ETH

Bonus Program

Pre-ICO - 100%

Sale Tier 1 - 50%

Sale Tier 2 - 20%

Sale Tier 3 - 10%

Sale Tier 4 - 0%

Token distribution

6% - Pre-ICO

50% - ICO

30% - Company Reserve

10% - Team

1% - Early Investors

3% - Bounty

Funds allocation

40% - Marketing

30% - Administrative and operational costs

20% - Product development

10% - Legal

Ratings

Type of scores
Score
Status
Hype score Medium Active

Team members

Name
Position
Score
Social
Co-founder/ Technology & operations
NA
Development Lead
NA
Co-founder/ Business strategy & Marketing
NA
Co-founder/ Legal & Finance
NA
Real Estate & Legal
NA
Finance & Technology
NA
Design, UX & UI
NA

Advisors

Name
Position
Score
Social
CAMP CTO | Investor | TimeBox Co-Founder | ICO & Asia Marketing Advisor | China Scaling | GBAP® Certification Board
1
Founder of GlobalDCX | INSEAD MBA | ICO Advisor | Award-Winning Author | Angel Investor | Blockchain Entrepreneur
1
Innovation Strategist & ICO Advisor
NA
Strategy Advisor
NA
Tax & Legal Advisor
NA
Economic Development & Real Estate Advisor In US
NA
Business Development Advisor
NA
Managing Partner at NOON Capital ? Real Estate ? Blockchain ? INSEAD
NA

Funding Rounds

Development

Pre-Launch
Launch
Custom blockchain
Testnet
Mainnet
Q2 2018 NA NA NA NA

Rating Review and Analytics

Investment rating Info NA
Hype score Info Medium
Risk score Info NA
RxEAL ICO Contacts
More on ICO

Ended

Raised: $279,180

Start ICO 19 Feb 2018
End ICO 19 Mar 2018
Token RXL
Price 1 RXL = 0.7586864 USD
Product Type Platform
MVP Beta
KYC No
Whitelist No
Registration Country Seychelles
Whitepaper View
RxEAL (RXL) widget
Rating Get this widget
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