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RxEAL

(Real Estate)
RxEAL is a platform for trustless and safe security deposit storage on the Ethereum blockchain.

Token Sale Info:

  • Ticker: RXL
  • ICO Start: March 12th, 2018
  • ICO End: TBA
  • ICO Token Price: 1 ETH = 400-800 RXL
  • Bonus: Yes
  • Token Type: ERC20
  • Accepts: ETH
  • Soft Cap: 800 ETH
  • Total Token Supply: 96,000,000
  • Tokes For Sale: 53,760,000

Additional Links:


Additional Info:

RxEAL is a platform for trustless and safe security deposit storage on the Ethereum blockchain. It provides decentralized dispute resolution with the main focus on real estate and automotive rental markets valued at hundreds of billions USD combined. RxEAL will also be available for other industries that demand trustless fund storage and fair dispute resolution.

A security deposit is a measure used to cover any losses suffered by the rental property. However, handing over the funds to the other party for storage is an issue of trust. The paying party cannot be certain that the deposit has been stored safely and that the other party will return the deposit. Furthermore, at the end of the agreement, it can take weeks for a lessee to receive their deposit back, and disputes may potentially end up having to be resolved in court, taking up even longer periods of time.

We believe that RxEAL is a solution for eliminating a growing number of fraud cases in rental transactions associated with unfair withholding of funds from the security deposit at the end of the rental agreement by providing an interface to engage in these activities using smart contracts requiring no technical knowledge. Not only does RxEAL solve the aforementioned problem, it also provides much faster deposit return rates and cost effectiveness compared to current offchain solutions.

Within the RxEAL platform users are able to generate smart contracts based on terms both parties have agreed on. The contract will ensure that the deposit amount is stored securely on the Ethereum blockchain throughout the course of the agreement with no no possibility of unilaterally changing the contract terms or accessing the funds. In the event of a dispute regarding the final division of the deposit, our platform will provide a decentralized and independent arbitrage conducted by qualified members who earn RXL tokens for resolving the dispute.


Team:

Dmitrijs Orlovs

CO-FOUNDER/ BUSINESS
STRATEGY & MARKETING

About:

Dmitrijs has gained comprehensive experience in the field of tax and finance while working in EY with companies such as L’Oréal, IBM, General Electric, Accenture and others.

LinkedIn

Aleksandrs Puzdrans

CO-FOUNDER/ TECHNOLOGY &
OPERATIONS

About:

Aleksandrs co-founded an agency specializing in WordPress-based solution development with more than 20,000 clients from all around the world choosing its products.

LinkedIn

Janis Dabols

CO-FOUNDER/ LEGAL &
FINANCE

About:

Janis is experienced lawyer and financier for almost 10 years. His expertise lays in financial markets, investment management, securities law, securities regulation and corporate law.

LinkedIn

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Twitter Feed:

4 days ago
Today we are taking a big step towards the service launch and presenting our new website. https://t.co/0kOFyj53w4
Visit, browse and provide your feedback directly to the team in our Telegram channel: https://t.co/2fr22VGgWu
#RXL #RxEAL https://t.co/ot6No4qjWQ
rxealofficial photo
1 month ago
The long awaited token listing is scheduled for Monday, August 20th. Read full details here:
https://t.co/oohdZFrNfR
#RXL #RxEAL
2 months ago
It’s official: The RxEAL token trading will be live on Nebula starting August 20th. #RXL #RxEAL https://t.co/PUDjf0gguY
rxealofficial photo
Nebula @Nebula_Exchange
RxEAL (REAL) is coming to Nebula August 20th! Ever had trouble with a landlord before? RxEAL is here to eliminate leasing disputes by providing an interface using smart contracts requiring no technical knowledge! #crypto #RxEAL #cryptocurrency https://t.co/6yV9zv5gHa
2 months ago
Our platform development process is entering the final stages and the first version release is expected in August, we are sharing our view on how we can bring positive changes to the sharing economy and why we think there is a huge potential. #RXL #RxEAL https://t.co/YrMMXITK4w
3 months ago
We are happy to announce that bounty and Telegram campaign token distribution is successfully finished. Please find details in our latest blog post:
https://t.co/x5hS9WbtMi #RXL #RxEAL

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