MIX.RENT - The Decentralized Platform To Rent and Share Vehicles

INTRODUCTION

Since the emergence of blockchain technology in 2008 when Satoshi Nakamoto introduced bitcoin, there have been rigorous efforts to apply the blockchain to several aspects of the global business process, Blockchain technology has been described as having the potential to disrupt many industries with a low-cost transaction, immutability, and enhanced security. In the years that have followed, many other blockchain implementations have been developed with each one exhibiting unique features tailored to specific use-cases.

Blockchain has made it possible to issue just about any asset via a distributed ledger framework. With the aid of cryptocurrency tokens, these assets can be given economic value in order to initiate and validate several transactional processes. Several on-chain protocols have been developed by a number of startups and established companies alike in order to create blockchain-based solutions.

ADVANTAGES OF BLOCKCHAIN IMPLEMENTATION

Decentralized Payment Processing

The payment processing framework for global commerce is based on a centralized system which requires the services of third-party authenticators. These third-party agents are responsible for ensuring the fidelity of the global payments system and they charge fees for their services. One of the fundamental philosophies behind the operation of the blockchain is the removal of these third-party agents and their associated cost of trust and replacing them with a robust, functioning distributed ledger payment framework.

Creating an Immutable System of Record

The blockchain is the first successful implementation of the distributed ledger framework. On public blockchains, the distributed ledger constitutes an immutable system of records that is available to all participants. The immutability of a blockchain ensures that it is tamper-proof.

Reducing Cost of Transaction

Payment processing remains the basic level of commerce but it is one that has not seen much in the way of evolution since the emergence of fintech protocols. Blockchain technology has the potential to disrupt commerce by causing a paradigm shift in the mechanism by which transactions are carried out. The fees charged by third-party actors and middlemen in the payment chain constitute a considerable portion of the cost of transactions. By eliminating the middlemen, the cost of transaction is materially diminished.

Enhanced Security

Operating on a multinational scale opens up any enterprise to the activities of hackers looking to breach the structural and functional integrity of the platform. Blockchain technology offers a robust security framework that makes it difficult for hackers to make an incursion into the platform. There is no central point of failure and hence no single point of entry for malicious digital attacks. This ensures the safety and security of the data collected by field agents and the payment processing network. that provides an accurate accounting for the entire platform.

ABOUT MIX.RENT

Mixrent is a blockchain-based ecosystem that connects travelers, transport owners, and assistants worldwide. Find your new favorite destinations across the globe and let Mixrent get you there. Mixrent creates a global ecosystem that discovers a new format of traveling. The renter experiences only positive emotions while traveling. The service community will take care of the rest.

FIND BELOW A VIDEO PRESENTATION ON MIX.RENT

Mix. Rent supplies customers with a platform that is user friendly to lease vehicles. Since 2017, the support assisting them rent kinds of vehicles and has been uniting individuals. So far, over 11,000 users who have recorded over 7,000 vehicles have been enrolled by the system. These include bikes, bikes, powerboats, building equipment, yachts, automobiles and gear. Into the markets, the system will be introduced in the future. Blockchain technology and our very own tokens will significantly boost the reliability of trades, simplify payment between trade parties and will surpass the trust between owners and tenants. They are not likely to be another normal job within this area. Mix.Rent's task would be to be a worldwide leader in the permits for the unlimited increase of MIX Token. They proceed to ICO with the objective of altering the transportation rental marketplace, to produce an excellent service to our clients and also to conduct a business design that company to a decentralized system and decreasing temporary expenses and expenses on leasing vehicles for many customers, that will enable us to quickly scale the company.

The Mission

By uniting private owners and rental companies offering transport services regionally, nationally and internationally, and by using blockchain technology, we create a new market that offers you communication, earnings and a great experience while you travel in comfort to your destination.

The Problems

Lack of trust

Renters and owners do not trust each other. It is difficult to find reliable information about each user since ratings are not available yet.

No single global rental platform

There is no opportunity to choose different types of transport on a single platform.

Big deposit

Renters are often discouraged from booking a vehicle due to a high deposit.

No payment with cryptocurrency

Owners cannot receive cryptocurrencies as a mean of payment. A renter cannot rent transport anonymously.

Underdeveloped service

Transport rent requires performance of related services (washing, repair, delivery, etc.), and these obligations place a heavy burden on a renter or are fulfilled by the vehicle owner at an exaggerated rate.

Hidden commissions

Frequently, users find out about hidden commissions and additional payments after the deal is completed. As a result, they overpay for the rent.

Missing disputes settlement transparency

Settlement of disputes is protracted for a long time and users waste a lot of time and effort to protect their interests.

Transport is entrusted to an unknown person

On traditional sharing platforms an owner meets a renter only at the time of deal. It is unsettling.

The Solutions

Reliability and security

Blockchain in Mixrent solves the issue of trust in P2P deals: renter, owner, and vehicle rating and history are reflected in distributed ledger.

Single rental platform

Make any routes and rent different types of transport on a single platform to travel by land, water, or air.

P2P lending

In Mixrent, a renter can raise necessary funds for a deposit from the project community (P2P lending).

Payment in cryptocurrencies and fiat

Mixrent accepts payments in fiat and main cryptocurrencies. Save up to 30% selecting payment in MIX tokens due to reduced conversion commission fee.

Service community

The Mixrent community takes upon itself the routine part of the process of transport use and takes care of all service tasks. They are paid in in the project tokens.

Transparency and openness

All transactions are recorded in public blockchain. Users see detailed information for each transaction.

Decentralized arbitrage

Disputes are regulated by independent referees who are randomly selected from the project community. We patent this method of referee selection.

Choose whom you entrust your transport to

Renter reliability is evaluated by the platform using a unique scoring system.The owner can judge the renter’s reliability not only by system rating, but also by linked social media account.

The Features of Mixrent

Creating of a global sharing community

The Mixrent ecosystem does not only connect owners and renters, but also works with the project’s service community which performs services such as delivery and return, washing, repair, arbitrage, and P2P lending for both a deposit and an extended coverage in addition to other services.

Rent impressions, not transport

The platform’s users can not only choose any means of transport, but also turn their usual trips into real adventures. Even one’s hometown can be rediscovered if you look at it from a new perspective.

Client’s comfort comes first

The main goal is to create the most pleasant traveling experience. Mixrent, therefore, takes the hassle of organizing a trip into consideration, and does not only help one choose the location and transport type, but also helps with partial lending for a deposit or an extended coverage, use the services of delivery and return, repair, washing, and other related services.

Any transport monetization

Due to Mixrent, users can monetize any transport type. There are not any limits: cars, motorcycles, quadrocycles, yachts, and other transport types can be added to the platform. All transport which had not been used for a long time can be used to generate additional income for the owner.

Unique offer from owners

Exclusive offers from owners are available to renters including tuned cars and motorcycles, yachts made to measure edition, houses on wheels equipped with modern technical equipment, and rare bicycle models. Such offers are not available at other rental companies.

Profitable offer

With Mixrent, members can not only save time in the planning phase, but it is also possible to save money with discounts. Furthermore, due to complete openness an easy comparison of all offers, the prices on the platform are lower than in huge rental companies. Upon payment in MIX tokens, an additional discount is also provided.

How It Works?

Global platform

Mix. Rent is easy to list your vehicle in. Owners daily list their vehicles, and renters choose and book vehicles by price, category and location.

No need to make a website of your own if you want to share your vehicle

Options for owners

The owner needs to provide description of his vehicle, photo and the price to get customers on the platform and start earning. Once the listing is created the platform shows the average prices on the market.

21 vehicle categories

Users can rent/rent out cars, motorcycles, motor scooters, bicylces, snowmobiles, ATVs, limousines, helicopters, power boats, yachts, minibuses, jets, RVs, custom vehicles.

All kinds of vehicles gathered in one place to be used for work and entertainment.

User rating

Users can provide comments and feedback. The goal is to create a new blockchain-based rating system which will enable to quickly assess risks. Highly rated users get vehicles without security deposit.

More vehicles

In the future the platform will offer vehicles for tourists based on their preferences and location. The system will store data about the preferences and offer new options.

Very soon

Vehicle rental can be paid with tokens and cryptocurrencies.

Bonus prices to pay with the platform tokens.

Mixrent creates a global ecosystem that discovers a new format of traveling. The renter experiences only positive emotions while travelling. The service community will take care of the rest.

Service community

The community members provide services upon request (delivery/return of vehicle, washing, refueling, repair). They are rewarded in MIX tokens.

Creditors

Keep on enjoying traveling. The creditos community will bail you out crediting the necessary funds on P2P lending basis. Creditors are rewarded in MIX tokens with percentage of your deposit.

Arbitrage

The Mixrent arbitrage is convenient, impartial, and fair. The data are exported from blockchain and sent as an application to 300 referees who have passed KYC and qualification test. The first 10 referees who have responded are assigned to the application.

They are not just another big idea. They are changing rental market and provide you with reliability, additional earnings, and a great experience while you travel in comfort to your destination.

Every day travelers to many countries choose Mixrent and their number has only been growing.

The Advantages

Mix Rent Token Sale and ICO Details

Token Details

Ticker: MIX

Platform: Ethereum

Token Type: ERC20

Available for sale: 52,000,000 MIX (52%)

Distribution of Tokens

Use of assets

Platform Marketing and PR 30%

Web, mobile, API, partners network development 30%

Growing internationally - expansion in developed countries 20%

Insurance and legal funds of the platform 15%

Bounty program, which will continue after ICO 5%

RoadMap

Q4 2016

Creation of the idea, transport rental market research

Q2 2017

Development of a prototype for local market, the idea testing

Q3 2017

Autotransport rental applications number increase. New transport types addition to the platform (motorcycles, ATVs, boats)

Q4 2017

Transport types addition (special equipment, yachts, motorhomes).

Q1 2018

Research on global transport rental and sharing market. Mixrent international expansion launch, launch in the US and Canada

Q2-Q3 2018

Preparation to Tokensale. Implementation of international expansion strategy. Among achievements: over 8 thousand transport units are available on the platform, 585 cities, 12 000 users.

Q4 2018

Tokensale execution. Smart-contracts implementation on the platform, monetization setup. Launch of API and mobile apps on iOS, Android. Implementation of a payment system.

Q1 2019

Implementation of arbitrage. Office opening in the US. The development team augmentation, user ratings implementation. Addition of new types of transport.

Q2 2019

P2P lending implementation. Office opening in China. Expansion to markets of India, China, Brazil, and Australia. Multilanguage support implementation.

Q3 2019

Partnership with industry participants: tourism, airfare, rental property, organization of events. Implementation of the Mixrent widgets to partners.

Q1 2020

Expansion to markets of other countries. Launch of marketing campaigns in 120 countries of the world.

Meet The Amazing Team

Tim Kravtsov: CEO

Young Choe: Technical Advisor

Ismail Malik: Crypto-economics Advisor

Timur Malyshev: CTO

Alex Loktev: CMO

Paul Averkiev: CFO

John Manoogian: Business Development Director