In 2015 the global car rental market was valued at $72.74 billion. This market is being driven by the strong growth in travel and tourism, alongside rising disposable income.
This billion market will soon see a new entrant in the form of Mix.Rent. Mix.Rent is a marketplace where anyone can list or borrow a vehicle.
Mix.Rent uses both blockchain and smart contracts in order to facilitate this decentralised marketplace. The end goal is to create a market for rental vehicles that can operate on a global scale and be truly trust-less.
Mix.Rent is already well underway with more than 12,000 people already using it’s services and 9,000 vehicles listed on the platform.
To fund the development and growth of the platform, Mix.Rent is running a token sale for it’s MiX utility token. Read on to learn more about MiX and the token sale.
The Role of MIX Tokens
MIX are a utility token which will be used to pay for services on the platform such as renting vehicles. Ownership of MIX tokens will also entitle the holder to discount, promotions and bonuses.
How Mix.Rent Plans To Grow The Value Of MIX Tokens
Firstly, MIx.Rent plans to cap the total number of MIX tokens at 100 million. The value therefore of MIX tokens should rise in relation to the use of the platform. The loyalty program will reward users who share their experience with Mix.Rent on social platforms. There will also be a bonus scheme which will encourage users to participate in contents and writing reviews.
MIX Token Sale
Mix.Rent will be holding a token sale divided into three stages: private sale, pre-ICO and ICO. The private sale for MIX tokens is set to begin on June 30th 2018. The pre-ICO has a planned start dat of July 30th and the main ICO is set to being on August 30, 2018.
During the main ICO 1200 MIX tokens are the equivalent of 1 ETH. In total there will be 52 million MiX tokens made available during the entire token sale. A hard cap has been set for the token sale of $30 million.
You can read more about the MiX token sale by visiting:
Mix.Rent Website: https://mixrent.io/
Mix.Rent Facebook: https://www.facebook.com/mix.rent.team/
Mix.Rent LinkedIn: https://www.linkedin.com/company/mixrent/
Mix.Rent Twitter: https://twitter.com/MixRent
Mix.Rent Medium: https://medium.com/@mixrent