How is the price of an ICO determined?
ICO prices are usually established by the creators of the economy, project or DAO. ICOs may have multiple rounds of fund raising, with coins or tokens on offer, increasing in value until the release date, with early investors likely to have greater rewards embedded within their tokens as an incentive.
Why are there so many crypto tokens?
Many cryptocurrencies, different functionalities The underlying blockchain technology is one reason we see so many cryptocurrencies. It provides developers an opportunity to create different cryptocurrencies for different functionalities. We have those cryptocurrencies that function as currencies.
What is Rentberry (Berry) token?
Rentberry is integrating blockchain technology with the majority of their platform. However, there are a couple unique features that help the company differentiate itself from the competition. All members of the Rentberry community can use the platform’s BERRY tokens to chip-in and help with someone’s security deposit – up to 90\% of it.
What is the current price of Rentberry?
Rentberry has a current supply of 301,473,027.68713224 with 301,431,306.9919926 in circulation. The last known price of Rentberry is 0.00127435 USD and is up 14.44 over the last 24 hours. It is currently trading on 3 active market (s) with $362.62 traded over the last 24 hours.
What is the smartrentberry blockchain rental platform?
Rentberry is a long-term rental platform that’s utilizing blockchain technology to streamline the rental process for tenants and landlords alike. Using smart contracts, they provide unique features to users such as crowdsourced rental deposits and auctioned rental prices.
Who is the CTO of Rentberry?
Perfilov, Rentberry CTO, has ample experience in software development but may still be working at Amazon, at least part-time, according to his LinkedIn profile. The blockchain developers on the team also seem to have little blockchain experience which may be worrisome.