RxEAL

Platform for trustless and safe security deposit storage

RxEAL 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.

Ended

2018/01/15 - 2018/02/05
ICO
RxEAL
Token
RXL
PreICO Price
1 RXL = 1/2,400 ETH
Price
1 RXL = 1/1,200 ETH
Platform
Ethereum
Accepting
ETH
Bounties
Available
Bonus
Available
Soft Cap
800 ETH
Hard cap
26,975 ETH
Country
Seychelles

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.

Team Members

Dmitrijs Orlovs
Co-founder/ Business strategy & Marketing
MBS
 

Aleksandrs Puzdrans
Co-founder/ Technology & operations
BsI
 

Janis Dabols
Co-founder/ Legal & Finance
MBL
 

Boris Koziorov
Development Lead

 

Janis Egle
Janis Egle Design, UX & UI

Liene Abola
Real Estate & Legal
MBL
 

Mindaugas Peciokas
Finance & Technology
BsC
 

Dmitrijs Orlovs
Co-founder/ Business strategy & Marketing
MBS
 

Aleksandrs Puzdrans
Co-founder/ Technology & operations
BsI
 

Janis Dabols
Co-founder/ Legal & Finance
MBL
 

Boris Koziorov
Development Lead

 

Janis Egle
Janis Egle Design, UX & UI

Liene Abola
Real Estate & Legal
MBL
 

Mindaugas Peciokas
Finance & Technology
BsC
 

Advisors

Ainis Dabols
Tax & Legal Advisor
BsE
 

Gunita Kulikovska
Business Development Advisor
MBA
 

Andrew Johansson
Economic Development & Real Estate Advisor In US
BsE
 

Kristaps Silins
Strategy Advisor
BsC
 

Ainis Dabols
Tax & Legal Advisor
BsE
 

Gunita Kulikovska
Business Development Advisor
MBA
 

Andrew Johansson
Economic Development & Real Estate Advisor In US
BsE
 

Kristaps Silins
Strategy Advisor
BsC
 

February 2, 2014

The birth of mankind

Something really big happened around this period of time. It affected all of humanity. That explains everything.

February 2, 2014
May 10, 2015

The birth of mankind

Something really big happened around this period of time. It affected all of humanity. That explains everything.

May 10, 2015
June 21, 2016

The birth of mankind

Something really big happened around this period of time. It affected all of humanity. That explains everything.

June 21, 2016
Jun 2017
Company launch
Business idea and technological proposal for the platform
Key personnel and partners
Jun 2017
Sep 2017
Project details and roadmap
Legal framework set-up for token sale and business operation
Market research and industry feedback
Partnership agreements and ongoing discussions with companies and organizations for operations, finance, marketing and product development
Investor outreach and closed funding round
Sep 2017
Dec 2017
Agreements with business expansion partners in Unites States and United Kingdom
Business expansion discussions with partners in Europe, Asia and other markets
Development and presentation of the operating user interface
RXL token pre-sale (December 4th 2017 to December 31st 2017)
Dec 2017
Mar 2018
RXL token sale (January 31st 2018 to March 2nd 2018)
Talent outreach to gather the best team for further product development
Limited access beta version and testing with limited user base
Gathering, analysing data and client feedback Event marketing activities
Mar 2018
Jun 2018
Open beta/release candidate version available for all clients
Full scale marketing campaigns
Begin working with legal authorities in countries where security deposits are required to be held only by registered parties
Jun 2018
Sep 2018
Final release of the platform with already active client base
RXL token listing on exchanges, no longer than six months after the end of the initial token sale
Continued marketing and market expansion activities
Second token sale round of previously frozen tokens (Only in case if first token sale did not reach soft cap but min cap was reached)
Sep 2018