Quote from: rentberry on January 10, 2018, 06:42:08 PM

Quote from: gOhnIvxXIP on January 10, 2018, 04:17:47 PM

I was researching about this ICO and got few doubts that are stopping me to invest and I would like to try have more information that would help me for final decision about this ICO.

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2.4. Not an Investment. Purchaser should not participate in the BERRY Token Sale or Purchase BERRY Tokens for investment purposes. The Purchase of BERRY Tokens pursuant to this Agreement is not designed for investment purposes and should not be considered as a type of investment. BERRY Tokens may not be transferred until the end of the Sale Period and are subject to certain vesting periods as set forth below in Exhibit A. Purchaser acknowledges, understands and agrees that Purchaser should not expect, and there is no guarantee or representation or warranty by Rentberry, that (a) BERRY Tokens will be listed for trading on any exchange, or (b) the Rentberry Platform will be adopted as described in the White Paper and not in a different or modified form.

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it's not an investment - that's totally correct as BERRY is a utility token, not a security one. Token holder will not receive any profit sharing, dividends or equity in the company.

Source: https://www.reddit.com/r/Rentberry/comments/78n5s8/announcement_ico_rentberry_decentralized_home/

So if BERRY tokens not going to be listed on exchange what is the point to invest at all? What investors will get in return?

Hi gOhnIvxXIP,

Thanks for your comment. Utility tokens are designed to be used within token ecosystem. The purpose of the BERRY token is to make rental experience more efficient. The whole Rentberry platform will be tokenized. Tenants and landlords will be able to perform numerous transactions on the platform much faster, more secure and cheaper than before. For example, tenants will be able to pay for rental applications using BERRY tokens and landlords will be able to use BERRY tokens to promote their properties, etc. The payment in BERRY tokens will be much cheaper than the equivalent payment in fiat (for example, tenants can pay $9.99 for rental application in fiat or equivalent of $4.99 in BERRY tokens).
But the main purpose of BERRY token is helping tenants to save millions in rental deposits. Community members (can be anyone) can use tokens to back financially tenants and receive rewards in return (interest rate).

Thank you for such detailed asnwer, makes sense. How about "why I should invest and what I get in return" part? In case BERRY tokens will be not listed on exchanges what I suppose to do with them? Thank you!

gOhnIvxXIP

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