Rentything

Summary

Mainly, RentyCoin is a platform that allows you to rent and lend almost any item to users participating on the platform. But, we’ll have to see how the ICO responds to illegal items before we can count it as a safe marketplace for users.

Positives
Tokenization: All of the rental items are tokenized. This prevents the waste of used items. Instead, every item will have a value based on RentyCoin. The RentyCoin will be used for the advertising cost, rental fee currency, and the amount it takes to deposit rental items.
Trustable Technology: Through the use of blockchain, RentyCoin records all of the information of each transaction through a distributed ledger.
First Decentralized Rental Platform: Currently, the project attracts a few thousands of users each month to receive a newsletter even if the website isn’t fully created.

Negatives
Rent Protection: How will its Smart Contracts protect owners from getting their rented items stolen from fraudulent users on the platform?
MVP Quality: Even though the product is in Alpha version, we would like to see more features out of the platform before seeing if its useful for the long term.
Illegal Items: How will RentyCoin prevent the renting of illegal items, drugs, and other materials through its network?