RENTO

The concept of sharing economy has been in practice for centuries. With the spread 

of the internet, the sharing economy model has seen immense growth because of the ability to 

share with people you have never met, through centralized organizations that ensure trust between people. Uber and Airbnb have illustrated the profitability of a global sharing economy.

However, despite the success of sharing-based businesses around 

the globe, the sharing economy model hasn't reached its potential and has multiple risks associated with its mass adoption. There are challenges facing the global sharing economy, they are:

- Highly concentrated growth: The global sharing economy is limited to a handful of industries including hospitality, automobiles, and real estate. There has been limited inno-

vation in other industries despite their huge potential.

- Need to install multiple applications: The growing number of applications fight for the 

users'  mobile computing resources and maintaining multiple apps is inconvenient for 

customers. 

Blockchain technology provides opportunities in the sharing economy due to its immutable 

records, transparency, and smartcontracts. Blockchain will revolutionize the global sharing economy via introducing transparency, lowering transaction charges, limiting fraud and offering risk protection with smart contracts.

Rento leverages blockchain technology to implement a trusted economy through smartcontracts 

that ensure rental conditions are met and that the parties can count on one another to deliver 

and return the product or service. Rento plans to utilize blockchain technology to: 

• Secure international and local transactions 

• Utilise smart contracts for security deposits 

• Ensure that reviews of items lenders, borrowers, services and items are real and verified 

• Reduce friction for transactions 

• Verify the transactions themselves, and ensure payment for services as well as compensation through smartcontracts for any breaches of the contract.

THE RENTO PLATFORM.

Rento is proposing a global sharing platform for businesses and individuals that allows renting 

of underutilised assets. Rento aims to introduce the sharing economy in the daily lives 

of people everywhere, reducing waste in the economy and allowing more people to enjoy a variety of services and products without having to shoulder the cost of owning every type of item 

they use. Rento is creating a software solution for individuals and businesses to share items and services 

that, until now, needed to be purchased.  Rento is providing a complete solution, to the increasing 'sharing economy' by

including smartcontracts, for anyone to rent or borrow any item or service. Rento aims to develop a sharing ecosystem that dramatically increases the reach of the sharing 

economy beyond the existing industries such as transportation or hospitality. Rento plans to develop a platform that makes sharing of everyday products and services easier, as well as implementing sharing across different industries. 

THE RENTO ECOSYSTEM.

The key components of Rento's ecosystem are: 

- Rento App 

- Rento Blockchain 

- Rento Model Store

The Rento App: This  allows users to rent everyday items such as real estate, office space, hardware 

tools, electrical equipment, construction equipment, cameras, and everything that one may require or want to rent on the platform.

The Rento Blockchain: The Rento ecosystem features a Proof of Authority (PoA) blockchain to be used for transactions 

inside the Rento App, particularly for payments, security deposits, and transaction history, 

thereby ensuring full transparency.

The Rento Model Store: Rento Model Store is a proposed rental store that will feature a wide range of assets, such as 

lawn tractors, boats, scooters, etc. The Rento Model Store will provide an in-person experience, allowing Rento to get 

first-hand feedback as people use the service.

TOKEN ECONOMY.

Rento is raising funds for the development of its global renting/sharing platform. Funds will be 

used for the everyday operations, development, marketing, and additional business solutions of 

the Rento platform. 

TOKEN ECONOMY

Token Specifications 

Token name: RENTO

Token symbol: RTO

The total of tokens: 600,000,000

Number of decimal places: 8

Token Standard: ERC20

Network Base: Ethereum Network

Tokens for sale: 264,000,000 

Cost per token: $0.01 ~ $0.12

TOKEN DISTRIBUTION 

Tokens for sale: 264,000,000

Owner's Tokens: 305,000,000

Tokens for Bounty: 6,000,000

Tokens for Team and Advisors: 25,000,000

For more information visit

https:rento-app.io