RentalCurrency(RENC): A P2P Sharing Platform

ABOUT RENTALCURRENCY
RENTALCURRENCY Platform is a Peer-to-Peer rental currency system that transforms the outdated sharing economy and sets it on the path of growth. It encompasses sharing of car , bicycle, scooter, books and many others.
RentalCurrency seeks to address the limitations to the growth of P2P transactions by enabling fast & P2P settlements, automatic & decentralized processes and complete & immutable transaction proof

THE FEATURES:
•••Low Volatility: The platform is designed to systematically expedite or reduce coins issuance during inflation and deflation respectively, mitigating the price instability rampant in the crytocurrency markets.
••• A multi purpose Wallet: The RencCurrency wallet is built to function in the various user’s activities on the platform
•••Integrated Markets: The RENC platform gives customers and service providers access to a marketplace devoid of geographical limit to exchange ideas and information seamlessly.
•••Customized With Tower P2P Switching System: The RENC’s smart contract is designed to effectively bypass third party intermediaries and connect users without having to pay exorbitant price.
•••A Stable Premium Token: Given that crypto markets are currently fraught with price volatility , RENC will introduce a stable token to help mitigate the stability risk in the sector.
•••Price Prediction Rewards: Users who successfully predict the nearest price of RENC token every three hours will be rewarded, thereby creating an engaged and vibrant community.

THE TOKEN(RENC)
RENC is an ERC20 standard based token token issued on Ethereum blockchain for compatibility and usability. RENC is a designed to function as a medium of exchange, hence its use to pay for all services including daily compensations, prediction rewards, incentives and so on.

TOKEN ECONOMY
Token name is RENC. Platform = Ethereum.
Token Type: ERC 20.
ICO Price: 1 RENC = 0.001ETH
TOTAL Supply: 100,000,000 RENC
Softcap : 5000 ETH
Hardcap: 15,000 ETH
Pre-Sale starts on 9 September – 27 December 2018, while Token sale starts on 27 December and ends on 31st March 2019.
The total available token for sale is 60,000,000 RENC, representing 60 % of the total supply.

FUND DISTRIBUTION
To ensure transparency, RENC platform has publicly allocated funds realised during the token sale to the following projects:
• 50% for RENC Foundation
•25% for Stabilization fund
•16% for the team
•4% is reserved for future development
•5% goes for Marketing, promotions and other growth strategies.

THE ROADMAP

THE TEAM
The RENC’s team is made up of great men and women who have distinguished themselves in various fields including Business Administration & Development, Software Development, Information Technologies, Computer Programming as well as Blockchain Technology.
RENC's development success so far lends credibility to the brains behind it.
In view of the fact that successful projects are synonymous with innovative teams, and having reviewed the profiles of team members and Advisors backing this project, one can confidently anticipate greater things on the horizon.

More information, visit the links

Website : https://www.rentalcurrency.com

Whitepaper: https://docs.wixstatic.com/ugd/a42895_e33af72bba494265b84c170496198c3e.pdf

ANN: https://bitcointalk.org/index.php?topic=4430527.0

Telegram: https://t.me/renc_community

Author
Arinze280
https://bitcointalk.org/index.php?action=profile