About Rens Token (RENS)

Rens creates real estate in its Metaverse. It shares these properties with NFTs. Real estate shares are offered for sale in Rens’ Initial House Offering (IHO). Investors must deploy Rens Token to receive NFTs from the IHO. How many NFTs they can buy from a property is calculated based on the number of stakes. After all NFTs of a property are sold, Rens creates a real-world equivalent of that property in the Metaverse. The created property is offered for sale or rent. The rental status applies to commercial properties. For instance, many bungalows are created in the Metaverse for a bungalow village. The bungalows are divided into shares with NFTs. After the sale of NFTs is completed and all NFTs are sold, Rens contacts the partner companies to create the bungalow village in the real world.

Real properties are created by partner companies. Rental income from the trading cycle of these bungalows is distributed to people who own a bungalow NFT. Rens is constantly working and improving itself so that the rental cycle can be carried out for a lifetime.

Roadmap