PlaceToRent ICO (PTRT)
Blockchain based platform for property rental
Start Date
04 Jun, 2018
End Date
26 Sep, 2018
PlaceToRent Score Analysis
Placetorent want to build a real estate platform for residential and commercial rental. Real estate is a very competitive market including on the blockchain but Placetorent hasn't done a competitor analysis. The team has experienced management and developers but the CTO is not particularly experienced and doesn't have the project on their Linkedin profile. Development on the actual platform is set to begin only in Q4 of this year. Placetorent has experienced marketers and its marketing is quite good but has only managed to get a mild response from the crypto community. Aside from other problems mentioned in this statement, Placetorent's hard cap is 30 times its soft cap.
PlaceToRent Use of Token
PTRT is PlaceToRent's native token. PTRT is an Ethereum based ERC20 token. 62 million PTRT tokens will be offered for sale via the ICO, which correspond to 62% of the total token supply. Users will have to pay 10 PTRT tokens for every lease executed on the platform. Also, a monthly fee of 30 PTRT tokens will be paid for listing more than three properties on the platform. PTRT tokens will be also used to reward landlords and property managers for using the platform.
Organization
PlaceToRent Inc.
Platform
Ethereum
Coin type
Utility Token
Category
Real estate
Soft cap
1,000,000 ETH
Max cap
30,000,000 ETH
Max supply
100,000,000 PTRT
Price
0.002 ETH
PlaceToRent Token Sale Stages
- Stage
- Start date
- End date
- Amount of Tokens
- Price
- Discount
PlaceToRent Distribution
PlaceToRent Use of Proceeds
PlaceToRent Team Members
PlaceToRent Advisors
PlaceToRent Past Events
- 31 March, 2019
Global rental market research and analysis
- 30 June, 2019
Interviews with industry professionals, investors and startups
- 30 September, 2019
Concept Design and technical specifications
- 31 December, 2019
Blockchain developers interviewed and platform prototype
- 31 March, 2019
Smart Contract prototype, legal framework for the project and, smart Lock market research.
- 30 June, 2019
Proof of concept, whitepaper creation and, token pre-sale event.
- 30 September, 2019
Token Sale and disbursement of tokens to contributors.
- 31 December, 2019
Development of PlaceToRent platform and partnerships with third-party service providers.
- 31 March, 2019
Alpha-testing of the platform an smart Lock technology specifications completed.
- 30 June, 2019
Beta-testing of the platform and marketing campaigns in key markets.
- 30 September, 2019
Platform fully developed and release of iOS and Android apps.
- 31 December, 2019
Official launch in North America, UK, Canada, New Zealand and Australia.
- 31 March, 2019
Tokenization of the platform and multilanguage support
- 30 June, 2019
Expansion to South America and EU. Marketing campaign in target markets
- 30 September, 2019
Marketing campaign in target markets
- 31 December, 2019
API integration with third-party providers
- 31 March, 2019
Integration of Smart Lock technology (for both commercial and residential application) with the platform
- 30 June, 2019
Expansion to Eastern Europe and Russian Federation. Marketing campaign in target markets.
- 30 September, 2019
Expansion to Asia and marketing campaign in target markets
- 31 December, 2019
Expansion to Middle East and marketing campaign in target markets.
- 31 March, 2019
Expansion to Africa and marketing campaign in target markets
- 30 June, 2019
Introduction of facial and/or fingerprint technology for data validation.
- 30 September, 2019
5% of global real rental market transactions
- 31 December, 2019
Partnerships with Governmental Blockchains and enabling data-driven utility service management and bill payment with tokens