Long-Term Renting is Changing…and It Could Revolutionize the Way We Live

Over the past few months, there has been a huge surge in blockchain startups trying to revolutionize the way we live our lives – from changing the way we play games and use social media, to the way we work and structure our careers.

Now we’re about to witness the launch of something completely new – and it could completely transform the way the long-term rental system works.

The Issues with Long-Term Rentals

Right now there are more people renting than any time since 1965. Combine this with the fact that the number of US households grew by 7.6 million over the past decade, and we have more people renting than ever before.

The problem is, renting comes with some significant drawbacks for both tenants and landlords.

The process of renting is long and arduous. Unresolved maintenance requests, long and arduous application processes, and missed rent payments are common. In popular areas, high-security deposits are common. For many, these are unaffordable and thus lock tenants out of potential housing opportunities, leaving them with a little option about where to live.

Not to mention, many of the rental platforms available today are vastly outdated. Many listings are merely simple classified ads that provide a very limited experience and little value. Often, the information in rental listings does not accurately reflect the property.

Most notably perhaps, is the fact that there are billions of dollars frozen in rental security deposits worldwide belonging to people who desperately need access to this money and can’t afford to have their access blocked.

Meanwhile, US checking account interest rates are plummeting faster than ever.

Solving the Problem

One startup that is already taking steps towards revolutionizing the entire process is Rentberry – the long-term apartment rental platform.

rentberry, rent

The US-based startup has an extensive list of thousands of houses and apartments for tenants to choose from. It’s available in several different states all across the US and is designed to standardize the apartment rental industry across all states in America.

It provides a completely transparent application process that allows all prospective tenants to negotiate their rental offers with landlords. Tenants can now customize their offers based on their surrounding competition. It is hoped that this change will enable tenants to rent long-term at a fair and accurate price.

The platform has already established itself in the US and has been running smoothly since 2015. But now the team behind Rentberry are pushing to take it yet another step further through the use of blockchain technology.

There is Currently Over $500 Billion USD Locked Away in Rental Security Deposits

The addition of blockchain to this fast-growing platform is designed to increase the social-mindedness of the community.

There is over $500 billion USD currently locked away in rental security deposits, rendering it completely inaccessible to those who need it the most. Rentberry plans to solve this problem.

The platform update now presents tenants with the option of paying only 10% of their security deposit. They can then utilize Rentberry’s community to crowdsource the rest of what they need. In return for their assistance, the community will receive interest from the tenant as a reward.

For example, if a tenant is required to raise $3,000 for a security deposit, they will now have the option of instead only having to raise an upfront payment of $300 and paying an estimated $7 per month to the community members who backed them to raise the remaining $2,700.

Investors are backing the idea with force. They have already provided the team with  $4 million USD in seed funding.

Future Plans

As the platform takes off, the team behind Rentberry have plans to incorporate even more new features in the future. This includes an option that will allow tenants to pay their utility bills online along with their rent, and also a scoring system for both tenants and landlords.

The Rentberry team also have plans to expand the platform to become available in Europe and Asia in the near future.

Rentberry’s public ICO commences on the 5th December 2017. There will be a fixed limit of 30,000,000 BERRY tokens, created, which users can purchase with ETH. 1 ETH is equivalent to 2,500 BERRY tokens. The sale will run until 28th February 2017.

Image Credit: DepositPhotos

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A unique and promising ICO in December. December 5th marks the start of an ICO by Ntok.io – a global decentralized learning ecosystem based on the interaction of tutors and students through an online platform using smart contracts.

The distinguishing feature of Ntok.io is that the platform makes it easy to move from the offline world, where the student must not only agree with the tutor on the lesson but also visit them in a specific place at a specific time, to an online platform without intermediaries. In other words, students can find a tutor in any subject with literally a couple of clicks and can take lessons from them at any time and in any place, with no geographical restrictions, time zones, or travel time to worry about.

“Our advantages include reliable teacher ratings built on blockchain. Thanks to this, students can be confident that there’s no option tutors’ ratings would be a fake. It is a qualitative increase in the level of trust and reliability of the service, which means a powerful competitive advantage over other online schools,” says Maxim Shekhovtsov, CFO and co-founder of Ntok.io. “It’s vital that we work without middlemen. In traditional schools a teacher receives perhaps $7 out of $20 payed per lesson, while a school keeps the rest. We paved a way to step higher efficiency: we don’t rent a classroom space, our platform has no sales managers, administrators, etc. That’s why we’re good with taking only a tiny commission, while students save money.”

The main means of payment and obtaining advantages in the platform will be NTOK tokens – all lesson payments will be made in these tokens exclusively. The cost of services on the platform will be set by the participants themselves, and thus, when the exchange rate for tokens rises, prices denominated in tokens will fall, but in fiat terms they will remain at the market level.

“We will make it possible pay in fiat money, because we realize that this may be necessary in a conservative community of students and teachers,” explains Mr. Shekhovtsov. “However, we will charge a small premium of 10% for doing so, but at the same time we will provide all participants with instructions on how to buy our tokens and avoid paying this premium.”

In addition to paying for the study sessions themselves, holders of NTOK tokens will also be able to use them to purchase additional educational content and equipment from the Ntok.io partners. Special privileges will also be available for holders of a large balance of tokens. For example, teachers will be able to additionally move up in the search results and gain a larger number of students, while students will have an opportunity to receive a 50% discount on the company’s commission and thus save a dollar on each lesson.

It is on the fixed commission that the project plans to make money: it will be only $2 per lesson in NTOK tokens. Part of the tokens will go to the platform’s operating costs, while the remainder of the commission will “burn up”.

The Pre-Sale of NTOK tokens start December 5th, with special terms for bulk purchasers, the entry threshold will be $25,000 and up. Purchasers will receive a 50% bonus. From January 15th, 2018 the ICO will proceed with no entry threshold. The ICO will then continue on until February 15, 2018. Market experts forecast that something on the order of $15 million will be collected during the ICO.

Ntok.io is not the only player in the field of online education; such platforms as Duolingo, Varsity Tutors and iTutorGroup operate along with it. However, the founders of Ntok.io say that their key competitor is in fact the offline market, where 95% of all teachers and tutors are currently concentrated. Ntok.io wants to fundamentally alter the existing situation and stimulate a mass migration of teachers and students to working online. Experts estimate that in the next few years the online segment of the tutor’s market will grow to account for at least 70% of the market.

To make these plans a reality, Ntok.io has the most important advantage: a very strong team, with enormous experience not just in the EdTech field (for example, the launch of the Tutor Ninja online school to study English online, which is successfully operating and developing), but also online-retail, media, iOT, artificial intelligence and robot technology. The core Ntok.io team includes Andrew Kravets (CEO and co-founder), Maxim Shekhovtsov (CFO and co-founder), Natalya Asenova (Director of Marketing and Sales), and Alexey Borisov (CTO). In addition, Ntok.io has brought together a no less stellar team of consultants from among the managers of major international companies, ICOBox advisors and leading representatives of the crypto-community, experienced entrepreneurs, and founders of major Internet services such as Auto.ru, HH.ru, and KinoPoisk.

The insurance industry is flooded with a lot of problems, right from issues of identification to poor segmentation, privacy invasion and filing false claims. But those issues will be a thing of the past soon. InsurePal is a new insurance platform, changing the tide with modern and affordable solutions by leveraging the blockchain technology. Apart from ensuring that the insurance of your car or your house is hassle-free, it also insures your blockchain business, to help maneuver your way through the turbulent new technology. The amazing part? The entire system makes use of social proof from your peers. See the Whitepaper.

Putting social proof to work

Who knows you best? For the first time, an insurance will rely on peer to peer assessments and will also give incentives for this kind of valuable information as they are difficult to determine just with research or intellect. Social proof is a psychological system being leveraged by InsurePal so that your guarantee for cheaper premium is done not by your insurer, but by your friend, your family member or your neighbor, etc. It reduces the identity verification time of the individual and helps fast track insurance claims for both businesses and individuals, but most of all, it promises to reduce insurance costs for all of you who behave responsibly.

With social proof, your best friends will be able to confirm you are a safe driver and your potential business partners will be able to know for sure whether you can be trusted or not by relying on your Social Proof Trustscore rating. The fact is we use social proof in different situations every day: but now, our own diligence when assessing our social network will be used to give a more objective insight into one`s character and the best part, it will also be rewarded.

Insurance of tomorrow by harnessing the power of blockchain technology

In addition to the already known segments of insurance, InsurePal aims to intervene into a completely new insurance segments of life and business. The traditional insurance sector usually doesn’t offer niece coverage as it represents too big of a risk for their cumbersome structure. On the contrary, InsurePal is building a blockchain-based self-adjusting agile platform that will be able to use the mechanics of social proof for different segments of the already existing and also completely newly created insurance products.

So, how can you get a cheaper car insurance? Your friend Mary knows you are a safe driver who hasn`t had an accident in years. She can help you lower your costs by making a social proof guarantee for you. That means she will also be financially responsible in case you make at fault claim. InsurePal will give her an immediate incentive, and you will end up with a much cheaper insurance. Now you are all set and if you really are a responsible driver, neither of you has nothing to worry about!

What about securing blockchain transactions? This is a part when it gets really interesting! There are plenty of you out there who already do business online, trade in crypto or are at the moment seriously thinking about it. Now, you can make sure your business arrangements are secure. You and your business partner can sign up a smart contract in which you define the key parameters you have to abide prior making the transaction. So, if the other person breaches the agreement or something goes fishy, you still receive a financial compensation, collected from InsurePal and the other person`s social network. And the other side? Their Social Proof Trustscore reduces significantly and is visible to all the InsurePal network, clearly signalizing they are not trustworthy business partners.

InsurePal’s to launch pilot insurance in the UK

Historically, Great Britain is a cradle of insurance, making it one of the most challenging markets to penetrate. It is also a country where people, especially the young, pay enormous prices for car insurance. In fact, their insurance is usually more expensive than the price of their car.  All in all, a total of 30 million personal cars were insured, which saw 3 million qualified drivers getting peer-to-peer insurance. InsurePal is certain that if their platform works there, it can pretty much work anywhere!

InsurePal’s primacy with patented solution and tokenization

So instead of going around gathering data from unreliable (yet extremely expensive) sources, InsurePal’s platform leverages the social proof data without aggressively invading one`s privacy. Even more, the platform is to store an individual`s social proof on the distributed ledger, giving the users plenty of possibilities to receive additional benefits, incentivize their activities and transfer the social proof information to other entities. It is expected the insurance economy on blockchain will rapidly grow. For that, InsurePal is already making strategic partnerships for arbitrage and identity protection to make this a reality without ever compromising individual`s privacy.

Even more, insurance is one of the most tightly regulated industries. That is why not many businesses cannot practice it. Insurance companies need a legal approval that their insurance model withholds even the darkest possible predictions so they can be able to pay out all the premiums and claims. And, InsurePal is planning to obtain all the necessary licenses in UK and Europe or make important strategic partnerships that will enable the social proof insurance be used anywhere in the world. Even more, the social proof in insurance is so innovative that they have filed for a patent protection in the US and worldwide.

The ICO that will change the way you insure

Since InsurePal is revolutionizing the entire insurance industry with the blockchain technology, participating in the crowdsale will put you in a position to being part of the system that will help individuals and businesses use the blockchain to insure themselves and their businesses.

Become a member of InsurePal to build the blockchain-based, peer-to-peer insurance market.

Participate in the crowdsale here.

Or become social with us: Twitter, Facebook, Telegram, YouTube, BitcoinTalk.

In a surprising development for the international holding company, JP Morgan have announced that Bitcoin could be on the verge of turning into a more traditional asset class. Analyst Nikolaos Panigirtzoglou at the financial powerhouse told the Telegraph that the CBOE Global Markets and CME Group proposals to offer Bitcoin futures

 … has the potential to elevate cryptocurrencies to an emerging asset class.

To those who’ve been following the stance of the JP Morgan executive towards Bitcoin, the sentiment may come as a surprise. Earlier this year, the CEO of the international financial institution, Jamie Dimon, lambasted Bitcoin and cryptocurrencies with allegations that they were a “fraud” and they were destined to end up like the famous tulip bubble in 17th Century Holland in which many traders were burned. He even went as far as to say that any of his employees trading Bitcoin would be fired.

Thanks to recent positive developments, Mr Panigirtzoglou thinks the Bitcoin market might be maturing:

“The prospective launch of bitcoin futures contracts by established exchanges in particular has the potential to add legitimacy and thus increase the appeal of the cryptocurrency market to both retail and institutional investors.”

The analyst at JP Morgan likened Bitcoin to other stores of wealth such as gold. He went on to suggest that based on gold’s history, the world’s most famous cryptocurrency could see further growth.

Thanks to gold’s much greater market capitalisation and trading volume, Panigirtzoglou thinks there is plenty of room for Bitcoin to grow. He cited the total crypto market cap of $300 billion and compared this with the $1.5 trillion in gold outside of central banks control.

He did warn, however, that the rise was not guaranteed. When considering factors that could influence the price negatively, he cited other cryptocurrencies that might be more compliant with regulatory requirements:

“Any given cryptocurrency does face competition from other cryptocurrencies and this poses a risk to their individual valuation… The valuation of bitcoin for example is affected by other digital currencies that compete for acceptance, often claiming to offer better technical, security or transactional characteristics. Some of them could even gain advantage in the future by offering better compliance with regulatory requirements.”



We are now closing in on the end of the session on Monday and it’s time to take a look at what happened in the bitcoin price today and where we expect things to go overnight this evening. Anybody that caught this morning’s coverage will know that we were looking for a continuation of the upside momentum during the session and – as it turns out – we got pretty much exactly what we were looking for. The bitcoin price is currently trading up on its market open rates and we expect this trend to continue near term – albeit with the potential for some degree of correction as the shorter-term operators pull profits off the table.

So, with this noted, let’s get some levels in place that we can use to continue to execute on our intraday strategy during the forward session. As ever, take a quick look at the chart below before we get started so as to get an idea where things stand. It is a one-minute candlestick chart and it has our range overlaid in green.

As the chart shows, the range we are looking at for the session this evening comes in as defined by support to the downside at 11204 and resistance to the upside at 11351.

If we see price break through support, we will watch out for a close below that level to validate a downside entry towards a target of 11150. A stop loss on the position somewhere in the region of 11230 will take us out of the trade in the event that things turn against us.

Looking the other way, if we see price close above resistance, we will enter towards a long-term upside target of 11450.  Again we need a stop loss on the position and somewhere in the region of 11330 should do the job nicely.

Chart courtesy of Trading View

One of the world’s largest crypto exchanges, Coinbase, has been struggling to meet the demand of the flurry of activity on its servers as Bitcoin breaks more price barriers. In the last 24 hours, the daddy of all coins broke $11,000 and transactions were at their highest levels. Exchanges have been struggling to keep up and Coinbase went offline with a blue error screen for thousands of crypto traders wanting to get in or out of the action.

If that wasn’t bad enough the exchange faced a new challenge from the US government this week as a district judge ordered them to hand over thousands of user records to the Internal Revenue Service (IRS). Being one of the largest exchanges Coinbase has seen billions of dollars through its systems and the US government is not happy about it.

This week’s court order requires Coinbase to divulge details on all customers who made a transaction worth $20,000 or more between 2013 and 2015. The exchange has estimated that this request would total 8.9 million transactions between 14,355 different account holders, according to the court order.

Information requested includes names, birth dates, addresses, tax IDs, transaction logs, and account invoices of the Coinbase users. This is less information than was demanded by the IRS in a November 2016 summons that sought details on every single transaction on the exchange for the period. Coinbase argued that this was an invasion of its customer’s privacy and ignored the original request before the IRS filed a petition to enforce the summons in March 2017.

The IRS has noticed that the number of tax returns claiming gains from virtual currency did not line up with the emerging popularity of cryptocurrencies as an investment vehicle. The court documents noted that “only 800 to 900 taxpayers reported gains related to bitcoin in each of the relevant years and that more than 14,000 Coinbase users have either bought, sold, sent or received at least $20,000 worth of bitcoin in a given year suggests that many Coinbase users may not be reporting their bitcoin gains,”

Crypto aficionados and traders will not be happy with this outcome, especially if they are American. Several exchanges such as Bitfinex already limit or prohibit US citizens from opening accounts for fear of government intervention. It seems that those living in the “land of the free” are some of the most financially enslaved people in the world.



DASH continues to be choppy, hanging about the $750 region. At this point, it looks to me as if there is major support below at about $670, but we may not even get there. I do believe that a pullback is probably healthy, so I think that buying the dips makes sense. Watch the stochastic oscillator, if we get an oversold crossover, that could be further confirmation that we are ready to rally yet again.



Litecoin has found a bit of support near the $95 level, and I think currently we are trying to figure out whether the $100 barrier is something that we can overcome easily. We are getting ready to cross over in the stochastic oscillator oversold region, or at least close to it, and therefore I think we are going to find buyers soon. The slow grind higher continues.

Thanks for watching, I’ll be back tomorrow.



Ethereum has been a bit negative during the Monday trading session, but it appears that the $450 level should offer a bit of psychological support, extending down to at least the $420 level. Because of this, it’s likely that we will find a “buy on the dips” mentality, and therefore I am watching the stochastic oscillator underneath for a cross near the 20 level.



Ethereum continues to be a bit oversold against Bitcoin, but quite frankly neither currency looks overly bullish in the short term. If I had the place a trade, it would almost certainly be to the upside, as we are approaching significant support. However, I think that any upside momentum at this point is limited.

Thanks for watching, I’ll be back tomorrow.

Increasing local demand in the face of limited supply has prompted Bitcoin price to reach an all-time high on Indian exchanges – nearly 15-percent the going rate in global markets.

According to the statistics available on BitcoinRates.in, the current daily average Bitcoin buying and selling rate on all Indian exchanges are ₹ 834,812.90 (~ $12,951.87) and ₹ 820,489.20 (~ $12,729.64). In the international markets, the rate for the same Bitcoin unit is $11,246.

The event has two outcomes: good and bad. The good outcome is for the people who are accepting Bitcoins for goods and services from international clients. Due to the huge gap between the global and local rates, people can practically receive more money than they had invoiced. The flip side is for the locals who have no other mean to obtain Bitcoins than to buy it directly from the exchange – at skyrocketing prices.

Nonetheless, the demand for Bitcoin is increasing. ZebPay, one of India’s leading Bitcoin exchanges, has confirmed the surge by issuing an update on their support services. It reads:

“In the last two weeks, there’s been an unprecedented surge in new users. This has also led to a surge in calls and support tickets that we are getting. This is far higher than the capacity we had anticipated.”

[Author’s Note: ZebPay is successfully clearing the backlogs and the reference to their update is only to prove Bitcoin’s increasing demand in India.]

During the November 2016’s demonetization drive initiated by India’s Prime Minister Narendra Modi, Bitcoin price on Indian exchanges had similarly surpassed the global rates. Reason: Due to local laws, crypto-exchanges in India buy and sell Bitcoins only from Indian users. So, if demand increases, these exchanges cannot buy Bitcoins from international exchanges at cheaper rates.

In a similar event this year, the price of Bitcoin had touched $15,000 on a Zimbabwean exchange amidst a political turmoil and a feared coup.

News BTC Bitcoin Analysis December 5




Bitcoin has been relatively volatile over the last couple of sessions, but continues to grind to the upside. We currently find ourselves near the $11,000 level, and it looks as if the 20 SMA is trying to offer support. I believe there is obvious support underneath at the $10,000 level, and therefore there should be quite a bit of buyers in that area. I think that we probably need to pull back a little bit, but that should end up being a buying opportunity.



Bitcoin has pulled back slightly against the Japanese yen early on Monday, but we are still very much in an uptrend, and I believe that the buyers are coming back to take advantage of this pullback. I believe that the ¥1.2 million level is essentially where the buyers will make their stand, and very obviously at the ¥1 million level.

Thanks for watching, I’ll be back tomorrow.