What is Mix.Rent?
Mix.Rent is a decentralized rent-a-car and sharing service. Through the use of blockchain technology and smart contracts, the platform will provide its customers with the largest and most convenient base of all modes of transport, which is updated on a real-time basis. The decentralized platform model provides direct cooperation with a large number of renters and vehicle owners around the world.
HOW THE MIX.RENT PLATFORM WORKS
To date, Mix.Rent as a vehicle rental platform unites owners and renters, helping to rent vehicles and saving time and money.
The platform offers vehicle owners the following options:
-quick and easy listing
-calculation of the expected profit
-renting out most profitable vehicles
-building the company’s reputation and brand
-helping to drum up business quickly and easily
-assessing risks for each customer
To date, the service is available both with desktop and mobile versions. In the near future, the platform will have iOS-based and Android-based mobile applications.
Every day the platform lists new vehicles, applications and bookings.
MIR.RENT IS COMPLETELY DIFFERENT
Mix.Rent is not an intermediary, but a unique marketplace that unites renters and vehicle owners.
On average, a city-based vehicle owner uses his/her vehicle up to 25% of the time. This opens up the possibility to turn a vehicle into a profitable investment. For renters, Mix.Rent gives the option to save up to 35% by doing business directly with vehicle owners.
Mix.Rent makes 80% of its revenue by providing owners such options as:
*Search Promotion
*Listing additional vehicles in different categories
*Potential rental service on a turn-key basis via business partners network
Finally, owners will be provided with a renter rating based on certain parameters, such as driving habits, cleanliness and other factors.
As of now, our team has a totally functioning marketplace. About half of the proceeds will be used for marketing purposes; about 30% will go towards developing the marketplace in the following directions:
*Creating an ecosystem of digital products
*Mobile Applications
*Cross-platform access
*Multilingual support
*API development for partners
The chosen directions in which to develop the marketplace will become the foundation of the project’s scalability and commercial viability.
Mix Rent LP plans to hold up to 4% of the world vehicle rental market a year after its ICO is complete, and 3 years after that, we intend to hold up to 10% of the world market. The platform will make money on rental fees. The size of the fee will vary from 5% to 10% depending on the vehicle category.
ECONOMIC OUTLOOK
As the platform grows and the number of users increases, the demand for tokens will only escalate. This means that the value of the token will increase significantly. Moreover, the rental market for vehicles is generally developing very rapidly. And most importantly, the popularity of cryptocurrencies and their use in daily payments increases every day. These three factors fully describe the mechanism for creating the internal value of the MIX tokens.
Mix.Rent increases trust between contractors
The platform dramatically increases the efficiency of the market and removes the main obstacle for its development, low trust between contractors. Increasing the number of owners would be impossible without a clear rating and reputation system on a trusted platform. It is our platform that will solve the main problem in the market–participants barely trust each other.
Mix.Rent lowers market entry barriers
A lower rental market entry threshold will allow more and more companies to enter.
Moreover, for many years, vehicle owners have waited for the moment when they would be able to start making additional money on vehicles they own, but temporarily are not using.
High barriers to the traditional rental market prevent them from getting there. However, the Mix.Rent platform ensures this market is open to all owners. In addition, by integrating smart contracts and Tokens into the platform, Mix.Rent guarantees its users will meet contract obligations and make payments in a timely manner. Without blockchain technology, this task could not be implemented.
Mix.Rent builds a global vehicle rental platform
Due to the market dynamics, a vehicle rental platform should have the widest possible coverage. The market features network effects that increase the value of companies that work with a large number of users and owners. Mix.Rent has all the pre-conditions to become such a global platform. Even now the company is targeting several markets. When the ICO is complete Mix.Rent will be available in more countries and will manage to significantly speed up its development. Thus, Mix.Rent will be able to make the vehicle rental market fundamentally bigger and add a huge number of new owners. When this happens, because the total number of Tokens will be unchanged as the popularity of the platform and cryptocurrencies grows, the internal value of the Tokens would increase significantly.
MIX UTILITY TOKEN
The functions, properties and capabilities of the token will be available on a functional platform with updated functionality after the token sale.
1. The token enables platform users to earn and save money.
2. Some options will only be available to Token holders.
3. The policy of Mix Rent LP (Ireland), the Token issuing company, is to make Token the main payment instrument with the functionality of the internal currency.
4. Tokens sell rental services.
5. Tokens buy rental services.
6. The platform lets MIX Token owners create a new product herein.
7. Tokens are blocked as deposits if required in rental smart contracts.
8. Tokens give access to the exclusive options of the platform.
9. Tokens shall not provide the right to vote, and shall not be considered an ownership stake or share issued by Mix Rent LP.
10. Tokens are issued to users as a reward for actions performed on the platform.
11. MIX Token will be a stable coin to pay for advertising on the platform.
12. The blockchain of the Mix.rent platform does not prevent the distribution of profit between owners and Token holders.
13. MIX Token users will benefit by not having to use cross-border payments in order to rent a vehicle from different countries.
14. The Token connects and unites people, owners and renters, all who use MIX Tokens in different countries across the world.
ICO DETAILS
The private sale of MIX Token starts June 30, 2018 at 10:00 Eastern Standard Time and ends July 30, 2018 at 10:00 Eastern Standard Time.
The pre-ICO begins July 30, 2018, at 10:00 EST and ends August 30, 2018 at 10:00 EST.
The ICO begins August 30, 2018, at 10:00 EST and ends September 30 at 10:00 EST, or until the amount of contributions received reaches $30 million, provided that Mix.Rent can extend the date of closure, at its discretion, not more than twice, with each prolongation lasting 50 days.
If on the specified closing day or the last time Mix.Rent extends the closing date (depending on the current circumstances), if the project does not receive a total amount of at least $1million, the company shall return the deposits to the investors.
Bonus tokens distributed in accordance with the day of investment, are to work as follows:
June 30, 2018 to July 30, 2018:
1 mix = $0.40, 1 mix = 0.00057 ETH + 25% Bonus
July 30, 2018 to August 30, 2018:
1 mix = $0.50, 1 mix = 0.00071 ETH + 15% Bonus
August 30, 2018 to September 30, 2018:
1 mix = $0.60, 1 mix = 0.00085 ETH + 10% Bonus
For more information about Mix.Rent,visit:
Website: https://mixrent.io/
Whitepaper: https://mixrent.io/documents/wp_en.pdf
Facebook: https://www.facebook.com/mix.rent.team/
Telegram: https://t.me/mixrent
Twitter: https://twitter.com/MixRent
AUTHOR:Kofafrik1010
kofafrik1010 