Re: [ANN][ICO][Rentberry] – Decentralized Home Rental Platform
I was taking a look through Rentberry token sale terms and whitepaper. Big red flags (at least to me) appeared 
. Asking for wallet private key which I would never give out and would avoid anyone who would ask. I'll be giving this a pass.
Straight out of their token sale terms:
"Contributions to be made in ETH must be sent from an Ethereum wallet in
respect of which you can identify your private key. Your private key shall be
required to verify your ETH contribution to Rentberry and to enable Rentberry to
issue BERRY Tokens to you through the Smart Contract System."
-Similar in regards to bitcoin contributions.
"Risk of Losing Access to BERRY Tokens Due to Loss of Private Key(s).
BERRY Tokens purchased by you may be held in a digital wallet or vault, which requires a private
key or a combination of private keys for access. Accordingly, loss of requisite private key(s)
associated with your digital wallet or vault storing BERRY Tokens will result in loss of such BERRY
Tokens, as well as access to your BERRY Token balance. Moreover, any third party that gains
access to such private key(s), including by gaining access to login credentials of a hosted wallet or
vault service you use, may be able to misappropriate your BERRY Tokens. Rentberry is not
responsible for any such losses."
I would advise anyone to use Extreme Caution as we all should know to never trust anyone with our private keys.
You have been warn, but if you really want to participate even after reading this: the least you should do is set up and use a new secondary wallet. Then, deposit into the secondary wallet only the amount that you wish to contribute. Added protection to anyone participating, transfer tokens right away if distributed. Be safe and good luck.
Rentberry TS Terms: https://rentberry.cryptonomos.com/downloads/Rentberry_Terms_of_Token_Sale.pdf
. Asking for wallet private key which I would never give out and would avoid anyone who would ask. I'll be giving this a pass.Straight out of their token sale terms:
"Contributions to be made in ETH must be sent from an Ethereum wallet in
respect of which you can identify your private key. Your private key shall be
required to verify your ETH contribution to Rentberry and to enable Rentberry to
issue BERRY Tokens to you through the Smart Contract System."
-Similar in regards to bitcoin contributions.
"Risk of Losing Access to BERRY Tokens Due to Loss of Private Key(s).
BERRY Tokens purchased by you may be held in a digital wallet or vault, which requires a private
key or a combination of private keys for access. Accordingly, loss of requisite private key(s)
associated with your digital wallet or vault storing BERRY Tokens will result in loss of such BERRY
Tokens, as well as access to your BERRY Token balance. Moreover, any third party that gains
access to such private key(s), including by gaining access to login credentials of a hosted wallet or
vault service you use, may be able to misappropriate your BERRY Tokens. Rentberry is not
responsible for any such losses."
I would advise anyone to use Extreme Caution as we all should know to never trust anyone with our private keys.
You have been warn, but if you really want to participate even after reading this: the least you should do is set up and use a new secondary wallet. Then, deposit into the secondary wallet only the amount that you wish to contribute. Added protection to anyone participating, transfer tokens right away if distributed. Be safe and good luck.
Rentberry TS Terms: https://rentberry.cryptonomos.com/downloads/Rentberry_Terms_of_Token_Sale.pdf
Is there any administrator of this ICO that wants to say something regarding this issue? I think he's got a point...
This is actually quite an issue, I was just about to ask how can I get my rentberry tokens off of cryptonomos, but now I understand that it will ask for the private key of the wallet I used to buy them.. Definitely not the most ideal of procedures, but I guess anything can be moved out of that wallet before giving them the private key. Still would also love to hear from a team member on what this is all about.
I didn't read this and used an exchange to send to ICO sale and used BTC. It's expensive to send to my wallet and send to ICO sale. Also This is my first time supporting ICO sale... and I didn't read the Terms of Service that closely. Even if I used ether, I'd still have the same problem because I don't think I can access private keys from my Ledger Nano S. Is this standard of asking for private keys for ICO sale? Maybe a warning about having access to private keys before buying would be nice? Am I screwed? Can I get a refund so I can buy it correctly. Thanks!
Ummm....regarding the above point. My interpretation is all it saying is that you should make sure you hold onto the private keys of the ETH address that you sent Ether from- which of course you would always need to do. I don't think it saying that you will have to hand over your private keys.
The Tokens Sales PDF says:
Contributions to be made in ETH must be sent from an Ethereum wallet in
respect of which you can identify your private key. Your private key shall be
required to verify your ETH contribution to Rentberry and to enable Rentberry to
issue BERRY Tokens to you through the Smart Contract System. ETH
contributions shall be sent to the Ethereum wallet address specified on the
Token Launch website.
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d. Contributions to be made in BTC shall be sent from a Bitcoin wallet in respect of
which you can identify your private key. Your private key shall be required to
verify your Bitcoin contribution to Rentberry and to enable Rentberry to issue
BERRY Tokens to you through the Smart Contract System. BTC contributions
shall be sent to the Rentberry Bitcoin wallet address specified on the Rentberry
website.
I can't verify my private key. It was sent from an exchange. Why is not using my Cryptonomous account enough verification? They can't send my Berry tokens to my Cryptonoums account so I can withdraw them?