Turn your rental lease into a crypto asset and start earning Rentsback tokens today.
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Real estate is the most important budget item for a household.
As an owner, your payments contribute to an investment—your property. As a tenant, all the money paid for rent is spent without return. Rentsback will offer the opportunity to earn rewards by tokenizing rental leases information.
Rentsback allows you to passively earn Rcoins (REC), the native token of the Rentsback ecosystem.
The primary purpose of Rcoins is to serve as payment for future services offered by the Rentsback platform, including real estate services and, eventually, access to the Liquid Property Program.
In the 20 largest countries by population and GDP, more than 307 million households rent their homes, spending over $3 trillion annually. This figure excludes Africa, where obtaining accurate data is challenging. The rent-to-income ratio varies between 20% and 50%. On average, 26% of households own their homes, with this percentage ranging from 6% to 56%, depending on real estate market pressures.
Rentsback estimates that agency fees amount to approximately $125 billion (equivalent to 0.5 months of rent). This is the fuel for the Rcoin token.
| Country | % of real estate households dedicated to rent | In millions units | Rental market size |
|---|---|---|---|
| China | 22% | 72 | $B838 |
| India | 36% | 64 | $B691 |
| United States | 36% | 44 | $B530 |
| Germany | 47% | 21 | $B252 |
| Japan | 35% | 16.5 | $B119 |
| Indonesia | 14% | 14.4 | $B57 |
| Brazil | 20% | 11 | $B54 |
| France | 33% | 10.5 | $B56 |
| Mexico | 22% | 6.6 | $B24 |
| Poland | 46% | 5.8 | $B20 |
| Canada | 32% | 4.7 | $B64 |
| United Kingdom | 19% | 4.5 | $B83 |
| Spain | 21% | 4.5 | $B38 |
| Russia | 6% | 4.2 | $B8 |
| Italy | 18% | 3.9 | $B33 |
| Australia | 30% | 3.9 | $B37 |
| Colombia | 24% | 3.8 | $B11 |
| Turkey | 20% | 3.6 | $B21 |
| Netherlands | 36% | 2.9 | $B34 |
| Switzerland | 56% | 2.9 | $B53 |
| Belgium | 33% | 2.6 | $B22 |
| Total | 307 | $B3,000 |
Here are the most common questions about Rentsback.
