Project Overview

RxEAL RXL

RxEAL is a platform for trustless and safe security deposit storage on the Ethereum blockchain


Ticker

RXL

Country

Industries

Website

Contact Email


White paper

Platform

Total Supply

96000000 RXL


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Project Description

https://www.youtube.com/watch?v=9sevxAmXxG0


Description

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.

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.

ICO Overview

Ticker

RXL

Accepted Payment Methods

MVP?

KYC/Whitelist

Soft Cap

300 ETH

Hard Cap

37975 ETH

Restricted Countries

Bounty Program


Airdrop Overview

Current Status: Unknown

Description

Amount Available

Start Date

End Date


Private-Sale Overview

Current Status: Unknown

Private Sale Price

Private Sale Goal

Private Sale Min Contribution

Private Sale Available for Sale

Private Sale Start Date

Private Sale End Date


Pre-Sale Overview

Current Status: Unknown

Price

Goal

Minimum Contribution

Available for Pre-Sale

Pre-Sale Start Date

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Public Sale Overview

Current Status: Unknown

Public Sale Price

1 ETH = 1200 RXL

Available For Sale

53760000 RXL

Public Sale Minimum Contrabution

Public Sale Start Date

Public Sale End Date

group

Team Members

Dmitrijs Orlovs

Co-founder/ Business strategy & Marketing

Aleksandrs Puzdrans

Co-founder/ Technology & operations

Janis Dabols

Co-founder/ Legal & Finance

Boris Koziorov

Development Lead

school

Project Advisors

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