Rent Token (RENT) - ICO Fail or Short Lived | Coinopsy
Rent Token (RENT) - Dead Coins

Rent Token (RENT)

Rent Token was founded in 2017, it is not trading on any exchanges. Rent Token was added to the dead coins list due to being ICO Fail or Short Lived. Founder/CEO is John Zinno.

Summary

  • Main reasons for dead coin listing ICO Fail or Short Lived.
  • Started 2017, Ended 2018.
  • Social media ended 2018.
  • Trading ticker (RENT).
  • 500,000,000 Tokens total.
  • Not available to trade on any exchanges.
  • Was built on Ethereum blockchain.
  • Website is down.
  • The Founder/SEO is John Zinno.

Further Details

Notes

Failed ICO, Website down and no social media.

Links

https://web.archive.org/web/20180103143755/http://rent-token.com/

Screenshot

Screenshot Archived:

COPY PASTE FROM OLD WEBSITE

What is Rent Token?

Rent token is a revolutionary new coin on the backed by the latest Ethereum blockchain technology and supported by rental property.

Have you ever rented an apartment and your future landlord charged you with an outrageous deposit just to move in? This is where Rent Token comes in instead of making your payment for the deposit directly to your landlord your rent token it placed in a smart contract for the term of your lease and at the end should the tenant break contract the money will be distributed to the landlord. If the tenant does not break any terms of their lease then the tenant can have confirmation that their landlord has not spent their deposit before the lease is up.  

Other Rent Token Use Cases

Rent Token will be the first cryptocurrency to directly partner and work with real estate sales and rental agencies and websites to promote adoption and everyday use of the coin. After the ICO has been completed the rent token team will also be purchasing and developing our own group of duplexes and townhouses to be leased that offer a 10% deposit discount and 2% monthly rental payment discount when payments are made with rent token. These rental properties will also be used as a proof of concept to early adopters and potential clients.

Rent Token is also one of the first cryptocurrencies that will implement a token buy back and burn program after 6 months of deployment. The Buyback program will begin with the token buy back price of $0.10 per token increasing every 2 months until it reaches a hard cap of $0.20 per token with a total of 20,000-400,000 tokens bought back each month for 2 years based off rental income of the project. All tokens bought back will be burned ensuring that there will always be a decreasing amount of tokens in the ecosystem.

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