]]]]RXEAL: FIX FOR DEPOSITS OF SECURITY[[[[
real estate and car rental is one of the largest business industries in the world generating hundreds of billions of US Dollars in turnover. People in constant need find the right place to live, work and travel, thereby, creating regular demand for real estate properties and car rental services which are the most popular types of rental deals in the world.
The latest market trends indicate that people are more likely to lease real estate, cars or other assets than to buy them. There are several reasons for this, the most common ones are:
The latest market trends indicate that people are more likely to lease real estate, cars or other assets than to buy them. There are several reasons for this, the most common ones are:
regular travel abroad for work or related recreational purposes;
the faster pace of life involves frequent changes in the environment;
reduce maintenance costs, taxes, insurance, convenience;
decrease the cost of benefits from owning property;
economic situation and low savings; and
high real estate, cars and other asset prices.
With the rise of cryptocurrencies, companies that have been operating in real estate and rental car markets for years are adjusting their businesses to meet future consumer needs. In other words, these companies began to accept cryptocurrencies as a means of payment; examples include the London-based property company The Collective 1 and United States-based travel companies that offer CheapAir 2 car rental services.
the faster pace of life involves frequent changes in the environment;
reduce maintenance costs, taxes, insurance, convenience;
decrease the cost of benefits from owning property;
economic situation and low savings; and
high real estate, cars and other asset prices.
With the rise of cryptocurrencies, companies that have been operating in real estate and rental car markets for years are adjusting their businesses to meet future consumer needs. In other words, these companies began to accept cryptocurrencies as a means of payment; examples include the London-based property company The Collective 1 and United States-based travel companies that offer CheapAir 2 car rental services.
the global car rental market is worth about $ 58 billion by 2016 and is expected to reach nearly $ 125 billion by 2022. 7
According to the information available on the car rental company website, the deposits required by companies and individuals vary significantly and the average is $ 200 - $ 800 for the smaller car category. Significantly, closer analysis of dispute case statistics reveals that a number of countries have implemented lease deposit protection schemes; examples in between
UK, New Zealand and each country in the United States. Although the level of disputes in lower states, according to some reports it can reach 15%, while, according to the information provided on the Deposit Protection Service site, only 2% of their clients have disagreements.
According to the information available on the car rental company website, the deposits required by companies and individuals vary significantly and the average is $ 200 - $ 800 for the smaller car category. Significantly, closer analysis of dispute case statistics reveals that a number of countries have implemented lease deposit protection schemes; examples in between
UK, New Zealand and each country in the United States. Although the level of disputes in lower states, according to some reports it can reach 15%, while, according to the information provided on the Deposit Protection Service site, only 2% of their clients have disagreements.
Why choose RxEAL
RxEAL is a platform for unreliable and safe deposit storage security on the Ethereum blockchain. This provides a decentralized dispute resolution with a primary focus on real estate and automotive rental markets worth hundreds of billions of USD combined. RxEAL will also be available to other industries demanding unreliable storage of funds and a fair dispute resolution. The deposit is the measure used to cover the losses suffered by the rental property. However, handing money to others for storage is a matter of trust. The paying party can not ensure that the deposit has been safely stored and that the other party will return the deposit. Furthermore, at the conclusion of the agreement, it may take weeks for the lessee to receive their return deposit, and disputes have the potential to end once they are settled in court, taking longer than time. We believe that RxEAL is the solution to eliminate the increasing number of fraudulent cases in lease transactions related to unfair deduction of funds from bail at the end
rental agreement by providing an interface to engage in these activities using smart contracts requires no technical knowledge. Not only does RxEAL solve the problem, it also provides faster return deposit rates and cost effectiveness compared to current off chain solutions.
rental agreement by providing an interface to engage in these activities using smart contracts requires no technical knowledge. Not only does RxEAL solve the problem, it also provides faster return deposit rates and cost effectiveness compared to current off chain solutions.
In RxEAL user platforms capable of producing smart contracts based on the terms both parties have agreed on. The contract will ensure that the deposit amount is safely stored in the Ethereum blockchain throughout the course of the agreement without the possibility of unilaterally changing the terms of the contract or accessing the funds. In the event of a dispute concerning the final distribution of the deposit, our platform will provide a decentralized and independent arbitration by qualified members who obtain RXL tokens to resolve the dispute.
By combining blockchain technology with everyday rental deals we are able to build an entirely new way for users who lack the technical knowledge to take advantage of the benefits offered by smart contracts.
We believe that RxEAL is the answer to the growing demands of consumers engaged in real estate, car rentals and other transactions involving
bail. We provide safer, faster and cheaper solutions than traditional alternatives.
RxEAL provides a way to securely keep a deposit for various rental products in the form of cryptocurrencies using smart contracts in Ethereum blockchain as well as a fair dispute settlement guarantee process.
bail. We provide safer, faster and cheaper solutions than traditional alternatives.
RxEAL provides a way to securely keep a deposit for various rental products in the form of cryptocurrencies using smart contracts in Ethereum blockchain as well as a fair dispute settlement guarantee process.
200.000 USD
Already invested by
private institutions and investors
Already invested by
private institutions and investors
What happens next?
Q3 2017
Market Test &
Proof of Concept
Q4 2017
Successful
Seeds
DEC 4TH 2017
Launch RXL
Pre-Sale Token
JAN 31 2018
Launch RXL
Token Sales
Q2 2018
First C onboarded
Q3 2018
Expansion in
UK & US
Market Test &
Proof of Concept
Q4 2017
Successful
Seeds
DEC 4TH 2017
Launch RXL
Pre-Sale Token
JAN 31 2018
Launch RXL
Token Sales
Q2 2018
First C onboarded
Q3 2018
Expansion in
UK & US
Daily transaction: 25,000
Projected annual token demand in USD:
Average deposit Total request
$ 300 $ 104,025,000
$ 600 $ 166,987,500
$ 900 $ 229,950,000
$ 1,200 $ 292,912,500
$ 1,500 $ 355,875,000
Condition
Average deposit Total request
$ 300 $ 104,025,000
$ 600 $ 166,987,500
$ 900 $ 229,950,000
$ 1,200 $ 292,912,500
$ 1,500 $ 355,875,000
Condition
The sample request for an RXL token in USD is equivalent to using the basic service cost model and assuming a 50% dispute rate.
Request Token
19 days 21 hours
2017-12-04 - 2017-12-31
Token RXL
PreICO Price 1 ETH = 800 RXL
Price 1 ETH = 400 RXL
Ethereal Platform
Receive ETH
Soft cap 2,000 ETH
Hard stamp 113.927 ETH
Country Seychelles
Token RXL
PreICO Price 1 ETH = 800 RXL
Price 1 ETH = 400 RXL
Ethereal Platform
Receive ETH
Soft cap 2,000 ETH
Hard stamp 113.927 ETH
Country Seychelles
OUR TEAM
Below you can read general information about RxEAL team members, partners and project advisors
Dmitrijs Orlovs
Co-founder / Strategy Business & marketing
Dmitrijs has gained a comprehensive experience in tax and finance while working in EY with companies such as L'Oréal, IBM, General Electric, Accenture and others. In addition, Dmitrijs has succeeded various projects in the field of IT, engineering and marketing. Dmitrijs has also gained valuable sales and marketing experience while working as Head of Sales at startup hardware and while managing
related marketing projects in the largest retail chain in the Baltics -
Maxima,
Co-founder / Strategy Business & marketing
Dmitrijs has gained a comprehensive experience in tax and finance while working in EY with companies such as L'Oréal, IBM, General Electric, Accenture and others. In addition, Dmitrijs has succeeded various projects in the field of IT, engineering and marketing. Dmitrijs has also gained valuable sales and marketing experience while working as Head of Sales at startup hardware and while managing
related marketing projects in the largest retail chain in the Baltics -
Maxima,
leksandrs Puzdrans
Co-founder / Technology & operations
Aleksandrs established an agency specializing in the development of WordPress-based solutions with more than 20,000 clients from around the world choosing their products. Aleksandrs has studied international economics and commercial diplomacy and is always excited by new technology, and while working on a FinTech related real estate project in 2016 he became an enthusiastic opportunity that blockchain could provide to improve the industry and eventually this turned into the creation of RxEAL
Co-founder / Technology & operations
Aleksandrs established an agency specializing in the development of WordPress-based solutions with more than 20,000 clients from around the world choosing their products. Aleksandrs has studied international economics and commercial diplomacy and is always excited by new technology, and while working on a FinTech related real estate project in 2016 he became an enthusiastic opportunity that blockchain could provide to improve the industry and eventually this turned into the creation of RxEAL
Janis Dabols
Co-founder / Law & Finance
Janis is a graduate of the University of Latvia where she receives LL.B. Law and BSc in Finance other than graduating from Riga Graduate School of Law with LL.M. Law and Finance. He has worked as a financial market and global economic analyst, structured private equity and alternative investment funds, complex commercial real estate transactions and has provided financial, legal and tax consulting for various companies and high net worth individuals
Co-founder / Law & Finance
Janis is a graduate of the University of Latvia where she receives LL.B. Law and BSc in Finance other than graduating from Riga Graduate School of Law with LL.M. Law and Finance. He has worked as a financial market and global economic analyst, structured private equity and alternative investment funds, complex commercial real estate transactions and has provided financial, legal and tax consulting for various companies and high net worth individuals
Boris Koziorovs lead development
Boris is an expert and technical software engineer with vital experience in developing scalable projects and implementing software solutions for startups, internal systems and CRM. He has been the leader of the IT department team at Rention - a company developing a complete property and rental management segment. Boris acts as a technology consultant and coordinator in various startups. In addition, Boris is a board member in a digital institution and he is focused on developing and implementing modern software solutions for various customers
Boris is an expert and technical software engineer with vital experience in developing scalable projects and implementing software solutions for startups, internal systems and CRM. He has been the leader of the IT department team at Rention - a company developing a complete property and rental management segment. Boris acts as a technology consultant and coordinator in various startups. In addition, Boris is a board member in a digital institution and he is focused on developing and implementing modern software solutions for various customers
Janis Egle
Design, UX & UI
Janis is a talented web designer and has studied design at Baltic International Academy. He has co-founded a web design agency specializing in the development of WordPress-based products in 2011. Janis has participated in various individual, corporate and
government projects
and is working as a packaging and graphic designer at the leading DPJN Inc. brand refresh.
Design, UX & UI
Janis is a talented web designer and has studied design at Baltic International Academy. He has co-founded a web design agency specializing in the development of WordPress-based products in 2011. Janis has participated in various individual, corporate and
government projects
and is working as a packaging and graphic designer at the leading DPJN Inc. brand refresh.
Ainis Dabols Ainis
Tax & legal
counsel has worked on taxes and legal matters for over twenty years and has established himself as an outstanding expert in the relevant field. Currently, he is a Latvian Council Member of the Tax Advisory Association, where he represents the professional interests of tax consultants in discussions with representatives of the Ministry of Finance and officials of the Tax Administration.
As a financial and legal adviser, Ainis has participated in various investment and management projects, advising on tax planning, tax law, tax risk evaluation and representing clients in financial and judicial authorities.
Tax & legal
counsel has worked on taxes and legal matters for over twenty years and has established himself as an outstanding expert in the relevant field. Currently, he is a Latvian Council Member of the Tax Advisory Association, where he represents the professional interests of tax consultants in discussions with representatives of the Ministry of Finance and officials of the Tax Administration.
As a financial and legal adviser, Ainis has participated in various investment and management projects, advising on tax planning, tax law, tax risk evaluation and representing clients in financial and judicial authorities.
Liene Abola real estate & legal adviser
Liene is a highly experienced expert
in various areas of law. For several years now he has worked with construction and real estate legal issues and has proven knowledge in relation to practical ability while working as a lawyer in an international construction group of companies in Europe. Earlier Liene had proven professionalism working as an assistant judge in a district court, and later, the Supreme Court. As a lawyer, Liene has participated in various construction projects, providing legal consultation and evaluation on insurance, labor, construction, taxes, and special laws. Liene has also successfully participated in international law moots not only as a participant, but also as an arbitrator.
Liene is a highly experienced expert
in various areas of law. For several years now he has worked with construction and real estate legal issues and has proven knowledge in relation to practical ability while working as a lawyer in an international construction group of companies in Europe. Earlier Liene had proven professionalism working as an assistant judge in a district court, and later, the Supreme Court. As a lawyer, Liene has participated in various construction projects, providing legal consultation and evaluation on insurance, labor, construction, taxes, and special laws. Liene has also successfully participated in international law moots not only as a participant, but also as an arbitrator.
Andrew Johansson
Pembangunan ekonomi dan penasihat real estate di AS
Seorang spesialis pembangunan ekonomi dengan keahlian baru-baru ini dalam bidang berikut: analisis dampak ekonomi, pengembangan program corporate social responsibility (CSR), konsultasi strategis untuk Fortune 1000 perusahaan, pemodelan ekonomi, visualisasi data dan analisis, dan keuangan kota. Sebelum mendirikan sendiri sistem penunjukan langsung pemilik konsultan pembangunan ekonomi, Andrew menjabat sebagai konsultan bagi perusahaan dan pemikir di
Amerika Serikat, Finlandia, Latvia, Lithuania dan Swedia.
Pembangunan ekonomi dan penasihat real estate di AS
Seorang spesialis pembangunan ekonomi dengan keahlian baru-baru ini dalam bidang berikut: analisis dampak ekonomi, pengembangan program corporate social responsibility (CSR), konsultasi strategis untuk Fortune 1000 perusahaan, pemodelan ekonomi, visualisasi data dan analisis, dan keuangan kota. Sebelum mendirikan sendiri sistem penunjukan langsung pemilik konsultan pembangunan ekonomi, Andrew menjabat sebagai konsultan bagi perusahaan dan pemikir di
Amerika Serikat, Finlandia, Latvia, Lithuania dan Swedia.
Mindaugas Peciokas
Financial and advisory technology
Mindaugas has over nine years of in-depth experience working in finance & accounting. He is currently based in Luxembourg working with private equity funds and global real estate. Affected by the day-to-day operations of funds and companies, he is also familiar with legal arrangements and taxes on funds and corporations, as well as compliance and governance topics. He has extensive experience dealing with large complex consolidation of multinational corporations. Previously, Mindaugas worked as an auditor at KPMG for 5 years gained extensive experience in the operations of bank, insurance, pharmaceutical, retail and manufacturing companies. Some of their clients are famous in the world including Nestle, Roche, Ergo and Nordea.
Mindaugas is also an IT enthusiast. He previously worked as a programmer with a number of startups such as penny auctions, CRM and real estate systems.
Mindaugas holds a bachelor's degree in Economics from the University of Leeds and is a member of ACCA. He also passed Level 1 CFA examination.
Financial and advisory technology
Mindaugas has over nine years of in-depth experience working in finance & accounting. He is currently based in Luxembourg working with private equity funds and global real estate. Affected by the day-to-day operations of funds and companies, he is also familiar with legal arrangements and taxes on funds and corporations, as well as compliance and governance topics. He has extensive experience dealing with large complex consolidation of multinational corporations. Previously, Mindaugas worked as an auditor at KPMG for 5 years gained extensive experience in the operations of bank, insurance, pharmaceutical, retail and manufacturing companies. Some of their clients are famous in the world including Nestle, Roche, Ergo and Nordea.
Mindaugas is also an IT enthusiast. He previously worked as a programmer with a number of startups such as penny auctions, CRM and real estate systems.
Mindaugas holds a bachelor's degree in Economics from the University of Leeds and is a member of ACCA. He also passed Level 1 CFA examination.
Gunita Kulikovska business development adviser
Gunita's background lies in architecture, urbanism and urban strategies. He is a member of Forbes' 30 under 30 and TEDx speakers. Archipreneur has also given praise, as he proclaimed one of the seven most inspirational women entrepreneurs in the field of architecture. In 2016, he and his colleagues set up a startup company alive embracing the VR as a new medium for building a better city. Clearly this is also recognized on the VR world map with expertise in real-time VR web solutions. The company started as a frontier in the architectural design industry and empowerment projects such as NY Affordable Housing Challenge, Rail Riga Station Baltica and Astana Expo. The ambition to build a global business on new technology has led to an acceleration in the Sauna Startup, Helsinki and Slush list of 100 companies. major operations based in London, UK.
Gunita's background lies in architecture, urbanism and urban strategies. He is a member of Forbes' 30 under 30 and TEDx speakers. Archipreneur has also given praise, as he proclaimed one of the seven most inspirational women entrepreneurs in the field of architecture. In 2016, he and his colleagues set up a startup company alive embracing the VR as a new medium for building a better city. Clearly this is also recognized on the VR world map with expertise in real-time VR web solutions. The company started as a frontier in the architectural design industry and empowerment projects such as NY Affordable Housing Challenge, Rail Riga Station Baltica and Astana Expo. The ambition to build a global business on new technology has led to an acceleration in the Sauna Startup, Helsinki and Slush list of 100 companies. major operations based in London, UK.
Kristaps Silins Strategy Advisor
Kristaps is one of the region's most well-known brand strategies, having worked with 75+ brands across Europe, with recent campaigns in Sweden, Germany and the Netherlands. His work has been featured in international media, including the New York Times. More than 20 award-winning advertising awards, including the
"Oscar Strategy" - Golden Euro Effie in 2014-make
Kristaps the most awarded strategist in the Baltic. Forbes magazine has also recognized Kristaps in its 30 Under 30 rankings in 2015.
Kristaps is one of the region's most well-known brand strategies, having worked with 75+ brands across Europe, with recent campaigns in Sweden, Germany and the Netherlands. His work has been featured in international media, including the New York Times. More than 20 award-winning advertising awards, including the
"Oscar Strategy" - Golden Euro Effie in 2014-make
Kristaps the most awarded strategist in the Baltic. Forbes magazine has also recognized Kristaps in its 30 Under 30 rankings in 2015.
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