The ICO I'm throwing all my money into
![rentberry-696x449.jpg](https://steemitimages.com/DQmWZzedR8xWdoEXfwGDTZMrNxWjSVcuBxQ149Y85W13X85/rentberry-696x449.jpg)
Rentberry
Rentberry is a company that was founded in 2015 as an online rental platform where tenants can bid against each other for renting a place, this business model has gotten them both good and bad coverage on the news where they have been called controversial and criticized as pinning potential tenants against each other and making them fight over rental places. The CEO of the company promised this type of system would actually lower rent in typical neighborhoods away from the main cities, but people think it actually made prices go up in some cities.
This rental company saw the potential of block-chain and decided to create their very own ICO, where they will create an ERC-20 based token called Berry token which will be used to interact with their site and pay for rent online using the cryptocurrency. Tenants and landlord will also get discounts for using the token among other things. This has the potential to be HUGE, can you imagine actually paying your rent with crypto? Even for your first and last month deposit?
This could potentially be the next Airbnb, and this is exactly why I am investing in this company. Not only do they have an existing and working company along with a professional website up and running unlike most ICOS, but their idea for using the block-chain actually makes sense as a business idea and could generate huge amounts of profit.
I am paying my bills and rent with checks nowadays :/ really hard with my old and outdated landlord - if I could just pay easily with crypto - it would be awesome. I think I will give it a try and join the ICO.
yes been waiting on this one
If it so I will too buy the ICO. Hope for the best. Best of Luck
How much is the minimum to invest?
On indahash tokens its .5 eth which is much big for me. ICOs mostly has huge minimum investment. Poor people like me can't really afford.
There is a 0.005 ETH minimum requirement.
actualy there https://rentberry.cryptonomos.com/ say:
Min Purchase
0.1 ETH / 250 BERRY
Paying rent in crypto is a great idea.
So this is basically the same as LOC.
Seems interesting, do they already have a working platform and a customer base like rentberry though?
a bit aditional info about this ico: https://steemit.com/ico/@kobusu/venture-fund-zing-capital-invested-in-the-blockbuster-platform-rentberra
What would you do with the rentberry tokens? How would you benefit from the tokens in the future? Sell them to future renters who will pay their rent in rentberry crypto?
very nice. follow me too.
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