INTERNET CITY, DUBAI, May. 30, 2022 – LBank Exchange, a global digital asset trading platform, will list Rens Token (RENS) on May 30, 2022. For all users of LBank Exchange, the RENS/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on May 30, 2022.
Utilizing the power of blockchain technology, Rens Project is here to integrate metaverse with real world. Through Rens, real world properties such as real estate can be sold as NFTs, allowing investors to receive rental income from these properties. Its native token Rens Token (RENS) will be listed on LBank Exchange at 18:00 (UTC+8) on May 31, 2022, to further expand its global reach and help it achieve its vision.
Introducing Rens Project
Rens Project is consist of several parts including Rens Metaverse and Rens VR. The metaverse created by the Rens project is based on real-world. Properties created in the metaverse are similar to real-world properties, so their prices are proportional to the price of real-world properties.
These properties are divided into NFTs. They are either built from scratch or similar one purchased by Rens’s partner companies in the real world. NFT holders will get accommodation right and rental income in proportion to the value of the NFT they own. And investors can claim their monthly rental income on RENS Application website via their Web3 wallet.
VR integration will be available for users to view and go over their properties in the metaverse in more detail, providing the opportunity of navigating the properties more vividly. It will also be a step for laying the groundwork for future game projects.
In addition, Rens also organizes IHOs for the properties it creates in the metaverse. Investors who want to buy NFTs from IHOs that will be organized for each property will have right to purchase these NFTs at a more affordable price (when compared to a liberal market model) and with priority by staking Rens Token. Users of Rens will be able to earn more by staking, and stakers will be approved a tier for IHO allocation based on the amount staked.
About RENS Token
Based on BEP-20, RENS has a total supply of 1 billion (i.e. 1,000,000,000) tokens, of which 18.4% is provided for pre-sale, 16.6% is provided for DEX, 20% is provided for CEX, 8% is allocated to the team, 3% is provided for partnership, 5% will be used for development, 10% will be used for marketing, 15% will be burned, and the rest 4% is provided for the community.
RENS will be listed on LBank Exchange at 18:00 (UTC+8) on May 31, 2022, investors who are interested in the Rens Project investment can easily buy and sell RENS token on LBank Exchange by then. The listing of RENS on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
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About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 7 million users from now more than 210 regions around the world.
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