Who said face lifts take place just in Beverly Hills?
Our economic system is going through an incredible transformation. Unless you’ve been living under a rock for some time, you will have heard about bitcoin & cryptocurrencies in general. Central Banks seem to be panicking slightly, since a lot of money is being decentralized and used in very service specific platforms. There is tokenization of almost everything: from oil to education, from finances to healthcare, from real estate to food preparation and everything in between.
What is the difference between Airbnb and Rentberry? Or Craigslist and Rentberry?
Basically, why should someone consider using Rentberry as an online home rental platform?
Well for one…it’s the only platform for long term home rentals. Literally! As crazy as it may sound, there is no sound (see what I did there?) platform that allows for tenants and landlords to connect, in the way Rentberry does. Especially when we talk about using blockchain technology for a decentralized experience.
Rentberry is a company based in San Francisco with over 20 full time employees (they are hiring by the way) that has grown at a massive rate to have now over 120,000 users on the platform. With trillions sitting in bank accounts and $500 billion being locked up in rental security deposits, they are looking to connect investors with tenants. Tenants will just 10% of the security deposit, and token holders will fun the remaining 90% with rewards in returns (5% annual returns.)
If you are an ordinary cryptomaniac, you own some Bitcoin, maybe trade Ethereum a little bit, and buy Litecoin once in a while to make a quick buck.
Also, you think that there are a ton of cryptocurrencies listed on exchanges, that are just plain garbage. First of all, there are so many coins that offer the exact same thing: monetary transactions. Bitcoin fans will say this is the gold standard for online transactions. Bitcoin cash fanatics will suggest that that is the real bitcoin and a lot cheaper to use than Bitcoin core. Ethereum people will say that this is the only coin that allows for smart contracts, and it’s the foundation for gazillions of other coins. Then come coins such as Litecoin and some other environmental friendly coins. These all have different bells and whistles, but achieve the same thing: monetary transactions from person A to person B in a faster and more secure way (compared to using a credit card and fiat in general.)
So, this blog will talk about the different ways people can gain – financially – through Rentberry. We are going to breakdown the exact rewards programs and every possible way to earn money, piggy banking on Rentberry.
Join any Facebook group about cryptocurrencies, and you’ll get a ton of debates/arguments discussing whether trading cryptos is a gambling game or an investment game. Either way, I’m not a big fan of trading, so today we will discuss an investment option that is a little bit more concrete, and definitely allows you to enter a low risk/high reward system (compared to trading cryptocurrencies.)
I’m not talking about something you don’t already know: I’m referring to ICOs
Although that is the birth of any token, the average person will go to some exchange, put their money on “black” close their eyes and hope for the best. There are a lot of average people though, that are more sophisticated and decide to give a company attention, right at the “birth bed” – when the tokens are first being sold WAY before the exchanges.
In some other blog I wrote about cryptocurrencies, I said that volatility is cryptocurrency’s best cousin. Well…speculation is cryptocurrency’s favorite brother I’ll add.
It’s not just wacko people that speculate insanely about the future of cryptocurrencies (and specific cryptos) but high profile individuals such as John McAfee on the one hand and James Dimon on the other hand. Although some people may argue that Mr. Dimon is a mad person, almost everyone in cyber security and cryptocurrency respect John’s opinions.
Read any crypto blog, and for the most part you will have people supporting bitcoin and other cryptocurrencies like crazy. Some, are more fanatic about cryptos than they are for their favorite team in the NFL.
When you read stock market related blogs and sites, you will see the “traditional” gamblers say that cryptocurrencies are a bubble (not even “in a bubble but “are” a bubble.) Those are the same people that invested back in 2000 and up to 2008. Those are the same people that trusted the financial systems so far, where Wall Street gets to roar with no consequence and billions in profits and bonuses.
I am not going to debate this subject to death, but rather say: cryptocurrencies may well be in a bubble…so what?
Today I’m going to talk about my favorite ICO at the moment – Rentberry. If you are a dedicated viewer of this blog, you will have followed my thought process in evaluating Rentberry as an ICO. If not…here’s your chance!
First things first: how much does a BERRY token cost? Currently right this moment, the exchange rate is:
1 ETH —> 2,500 BERRY
You can buy BERRY tokens via the Cryptonomos.com platform using either Bitcoin or Ethereum. However the evaluation is based on above rate.
Doing so, you are able to reap some interesting bonuses. It started offering 33% bonus on the token purchases, while now (depending on when you read this article) it’s at between 7-20%.