• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news
Crypto.com Logo
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
  • Bitcoin Casino ReviewsTry
No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
  • Bitcoin Casino ReviewsTry
No Result
View All Result
NewsBTC
No Result
View All Result
darenta
Nexo Logo

Darenta Launches ICO, Plans to Capture Chinese Private Car Rentals

Aayush Jindal by Aayush Jindal
5 years ago
in Cryptocurrency news
Reading Time: 3 mins read
Advertisement

Darenta, an international decentralized IT platform for rental of private automobiles (carsharing), opens the public sale of its ProducTokens (PROD) on December 31. A successful P2P carsharing venture headquartered in Moscow, it currently has a fleet numbering around 1,000 cars and more than 5,000 registered users in 120 cities worldwide. The company plans to secure a foothold in the Chinese market by the end of 2018, scaling up its business by at least twofold. Darenta’s service is unique in that it creates a blockchain platform that allows users to find a source of extra income by renting out their private cars when they are not using them.

“So far, we are the second-largest blockchain-based P2P carsharing company in the world, but we are growing fast,” says company general director Oleg Gribanov. “Everyone who purchases 100,000 PROD tokens during our ICO will automatically receive the status of a franchise, which will ensure the vigorous ratcheting up of the project. We plan to double the number of cars, users, and transactions by the end of 2018, and to build our business on new European and Asian markets.”

Darenta is working with ICOBox, the leading supplier of boxed ICO solutions, to carry out the ICO and collect the funds necessary to develop its service and implement a global marketing strategy. During the ICO, which will run from December 31, 2017, through March 31, 2018, 67,250,000 PROD tokens will be offered for sale at a price of $1 per token.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

Tokens can be purchased using any of 63 popular cryptocurrencies. The project plans to bring in $67,250,000 through token sales. Darenta is tokenizing its services in order to transform them into an autonomous decentralized car rental service, allowing users to contact each other directly using the platform. The funds collected will be spent on a global marketing campaign and on attracting new car owners. The secure new system will be based on encrypted smart contracts, which will record user comments and recommendations, as well as vehicle accident histories. The blockchain platform rules out the possibility of manipulation of the rating. Users with a negative rating will be removed from the system, while those who receive positive comments will be eligible to participate in various bonus programs. The updated carsharing service is expected to be beneficial and interesting to both renters and car owners.

The services of the new platform will be aimed at promising markets such as China, India, and other countries with a steady stream of tourists, like Greece, Thailand, and Cyprus. In Western Europe, it is already not uncommon for several families to take turns using one car. The new platform will make this system more flexible and reliable.

According to Mr. Gribanov, Darenta may hold up to 50% of the entire Chinese private car rental market within one year after the ICO. “In 2013, less than 1% of all cars in China participated in carsharing. But the situation is rapidly changing, with this industry now receiving major support from the Chinese government. The average growth rate in the carsharing market is currently 83%, which shows the huge potential of our business. During the first year of our international expansion, we will seek to capture half of the Chinese private car rental market, which is up to 50,000 cars.”

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

Today the company is competing with both traditional carsharing companies that service retail customers, and with carsharing companies that work only with businesses. However, its business model sets it apart, as it does not involve the company having its own fleet of cars, leading to considerable savings on operating expenses. The ICO will make it possible for the team to bring a brand-new service to the international market, to expand its international activity, to exponentially increase the user base, to modernize its business, and to offer new economic opportunities to its token holders.

For more detailed information on the project, please see the project’s website at https://darenta.io.

Read our comparison of 50 different crypto casinos. Find out who has most generous bonuses, best UX, knowledgeable customer support and best provably fair games.
Tweet123Share196ShareSend
Win up to $1,000,000 in One Spin at CryptoSlots
Aayush Jindal

Aayush Jindal

Aayush is a Senior Forex, Cryptocurrencies and Financial Market Strategist with a background in IT and financial markets. He specialises in market strategies and technical analysis, and has spent over a DECADE as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the currency, commodities, Bitcoin and Ethereum markets.

Related Posts

How Gold Continues To Prove To Be A Hedge Against Inflation

How Gold Continues To Prove To Be A Hedge Against Inflation

15 mins ago
Has Mark Cuban Changed His Mind on Cardano?

Has Mark Cuban Changed His Mind on Cardano?

19 mins ago
AAVE

AAVE Slowly Climbs To $109, Resistance At $113 Looms

4 hours ago
SOL

SOL Makes Another Shot At $44, After Two Failed Attempts This Week

6 hours ago
Cosmos

Cosmos Hub Soars Over 5% Within 24 Hours – ATOM Up 13% In Last Week

9 hours ago
7 Best Altcoins Everyone is Talking About

7 Best Altcoins Everyone is Talking About

12 hours ago

Premium Partners

Top Brokers

PrimeXBT

PrimeXBT

Review · Visit

Top Casinos

BitStarz

BitStarz

Review · Visit
7BitCasino

7BitCasino

Review · Visit
Punt Casino

Punt Casino

Review · Visit
mBit

mBit

Review · Visit
CryptoGames

CryptoGames

Review · Visit
Bspin

Bspin

Review · Visit

Sportsbooks

1xBit

1xBit

Review · Visit

Dubai To Be the Web 3 & Metaverse Capital of The World

August 12, 2022

MEXC activated the “Investor Protection Fund” in response to the Dragoma (DMA) incident, and launched the “potion” airdrop compensation benefits

August 12, 2022

XT.com Lists IVAR Coin (IVAR) With USDT Trading Pair

August 12, 2022

WEB5 Inu ($WEB5) launches the next-generation Decentralized Finance (DeFi) cryptocurrency

August 12, 2022

GNOX (GNOX) Presale Sell-out Causing Dogecoin (DOGE) And Fantom (FTM) Holders To Flock In For Launch

August 12, 2022

ABOUT US

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

COMPANY

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

LINKS

Crypto Prices from Nomics

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

© 2021 NewsBTC. All Rights Reserved.

  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play Games
  • Bet & Win
  • Bitcoin Casino Reviews

© 2021 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.