Reental

Halal Rating :
Comfortable
Last Price $0.23 Last updated:
Rank 6187
1D Change -0.21 %
Market Cap -
Circulating supply 0
Maximum supply 200,000,000

Crypto Overview

Categories
  • Polygon Ecosystem

Purpose and Utility

Reental (RNT) is a cryptocurrency designed to tokenize real estate investments and rental income streams. The project aims to make real estate investment more accessible by allowing fractional ownership of properties through blockchain technology.

Business Model

The platform allows users to invest in real estate properties using RNT tokens. Each property is tokenized, and token holders receive proportional rental income from these properties. The business model appears to be based on legitimate real estate transactions and rental income distribution.

Real-World Adoption

Current adoption appears to be in early stages. While the project has demonstrated some initial property tokenization, widespread adoption is still limited.

Platform Development

The project shows ongoing development activity, with regular updates to their smart contracts and platform infrastructure. The team maintains active communication through their official channels.

Token Distribution

Token distribution information shows a significant portion allocated for property acquisition and platform development. There are vesting periods in place for team tokens.

Crypto Impact

To assign a comfort level investing in Reental from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Reental.

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