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.
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.
|Pre-sale start date||15 Jan 2018|
|Pre-sale end date||02 Feb 2018|
|Pre-sale token supply||5,760,000|
|ICO start date||19 Feb 2018|
|ICO end date||19 Mar 2018|
|ICO token supply||48,000,000|
|Additional Token Emission||No|
Pre-ICO - 100%
Sale Tier 1 - 50%
Sale Tier 2 - 20%
Sale Tier 3 - 10%
Sale Tier 4 - 0%
6% - Pre-ICO
50% - ICO
30% - Company Reserve
10% - Team
1% - Early Investors
3% - Bounty
40% - Marketing
30% - Administrative and operational costs
20% - Product development
10% - Legal
Type of ratings
Rating Review and Analytics
|Start ICO||19 Feb 2018|
|End ICO||19 Mar 2018|
|Price||1 RXL = 0.7586864 USD|
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