Abstract

The housing market is changing quickly, owning a home for our current youth generation is going to be unlikely. We need to do something to improve the rental housing stock. Blockrent.club uses a blockchain technology to solve this challenge. Using the blockchain smart contracts system tenants will be able to see how landlords have responded in the past, whether they have made deposit deductions for repairs and if they feel they are fair. No more £20 deductions for a faded lampshade! Tenants will be able to view how the property has been managed and maintained before walking through the front door. Nobody wants another Grenfell Tower incident in the twenty-first century. Landlords will be able to review and approve a tenant, viewing their payment history, any upheld complaints or damages before letting them move in. Improving the vetting process for both parties, building a fairer and smarter contract.

Problem

It is an accepted fact the current youth generation will struggle with home ownership. In many cities around the world, tenants are often forced to move on because of short tenancies, rental and property price increases. The current situation makes it very difficult for a young couple to start a family, increasing the age of a couple having a baby and reducing the numbers of children they have. An unstable rental market is creating many society based issues and an ageing population.

The other side of the coin (or token) is the landlord often finds their property has been sublet or added to Airbnb without their knowledge. Some tenants struggling to pay rents turn to illegal subletting to help make ends meet.

Solution

Blockrent.club offers smart contracts and tokens to Landlords and tenants.

Landlords will have smart contracts issued for every property they own. If the landlord has multiple properties every smart contract will be added as a subcontract to an umbrella smart contract. The smart contracts will contain the property information and be transferable with the sale of the property. Meaning that any future owner will have a fuller understanding of how the property has been managed and maintained.

Tenants receive token credits monthly (0.83), these can be transferred or sold via the blockrent.club platform. The token credits show the payment history of the tenant, replacing the need for costly credit checks and referencing.

Tokens may be purchased via the blockrent.club platform or in future from any supported exchange. Tenants may use fractions of received tokens to append repair requests and information to the smart contract. Assuming a tenant pays their rent on time they would be able to add c.80 amendments to the smart contract.

These do not affect the tenant as it’s the received balance that counts towards their smart contract history.

Additionally we will add a token and smart contract look up service to our website to ensure full visibility of the tenant, the landlord and the property history.

Project The core project has multiple parts that are responsible for:

▫ issuing the smart contracts;
▫ collection property data;
▫ analyzing and processing the property data;
▫ collection landlord information;
▫ processing landlord information;
▫ collection tenant information;
▫ creation of tenant wallet IDs;
▫ creation of landlord wallet IDs;
▫ UI development.

The current proposed project roadmap is as follows;

screenshot-www.blockrent.club-2017-07-11-10-15-52.png

We plan to have a limited service available for use by December 2017 and a full version available for subscription by late 2019. Tokens In the future we see our

Tokens

In the future we see our blockrent.club (BRCL) tokens being used for home rentals worldwide, allowing tenants to ensure the property they are renting has been properly maintained. Landlords will be able to check any materials used. There will be no need for building surveys, we will enable the full history of a property and the people who have lived there instantly available.

Token Blockrent.club Ticker BRCL Number issued: 194,560 We have chosen WAVES as they are currently very welcoming to new users of

Ticker BRCL Number issued: 194,560 We have chosen WAVES as they are currently very welcoming to new users of

Number issued: 194,560 We have chosen WAVES as they are currently very welcoming to new users of

We have chosen WAVES as they are currently very welcoming to new users of crypto currency and tokens. We believe it is important to choose a community that will support our growing userbase, rather than trying to be on the coolest blockchain. After ICO ends we will burn all the unclaimed tokens (they will be sent to an address without

After ICO ends we will burn all the unclaimed tokens (they will be sent to an address without private key, rendering them unusable). We will work towards adding the token to several exchanges and introduce subscription-based access to Blockrent.club after the token is added to any of the exchanges. Subscriptions will be paid in BRCL tokens. We will burn 75% of subscription fees during 6 months after

Subscriptions will be paid in BRCL tokens. We will burn 75% of subscription fees during 6 months after subscription is introduced, and 25% of fees for a year after that.

Investing

We will share with you 25% of the pre-mine of BRCL these coins will be valued at $545.66. This valuation is based upon the current mean of the tenancy check-in and check-out fees.

Post pre-mine we will discard any coins mined via Blockrent.club severs to ensure scarcity within the market place, thus helping to form a line of resistance within the BRCL value.

The total minable number of BRCL will be one million units (1/21 of Bitcoin) again helping to support the value of BRCL.

The ICO will begin on July 10th 2017 at 00:00UTC. The sale will continue for 90 days or until all initial tokens are sold. The maximum total investment is 8847 ETH. Tokens can be purchased for BTC or ETH. All unclaimed tokens will be burned, and a full report on investments and resulting supply of tokens will be released.

EARLY BIRD DISCOUNT

Any token purchased made within JULY 2017 will receive an additional 50% BRCL tokens. Any token purchased made within AUGUST 2017 will receive an additional 25% BRCL tokens. Any token purchased made within SEPTEMBER 2017 will receive an additional 5% BRCL tokens.

For investments over 200ETH (20 BTC) we offer a 15% discount (in addition to any early bird discount), this will result in receiving 15% more BRCL tokens for the same investment amount.

We will be assessing and verifying ICO results for a week after it ends. After that, all investors will be able to withdraw their tokens to Waves wallets. We will seek to add BRCL tokens to other exchanges once the FIAT currency subscription model is released. The buybacks and token burning will begin at the same time.

Please ensure you use the recommended GAS when making Ethereum investment using the following ID: 0xc3b308e3dd84fe9297200f91fdfdc7c971190ebf If you make additional investment please send tokens from the same wallet.

If you wish to invest using Bitcoin please ensure you use the priority transaction fee setting to ensure success. All Bitcoin investment should be sent to 15kNKXu7xJzkA6nGUFs8fy162ZsSF7re4Z additional investment should be made using the same wallet.