VIVA
B O R D E R L E S S H O M E L O A N F I N A N C I N G N E T W O R K
ABOUT VIVA NETWORK
Viva is a brand-new decentralized home loan financing platform. More specifically, the platform is designed as a mortgage and crowdlending platform that runs directly on blockchain technology. If you go to the company website, then you can contribute or learn more about the system through reading the whitepaper.
Viva’s platform will utilize smart contracts to crowdfund home loans, connecting borrowers and investors directly within a decentralized, trustless ecosystem. By leveraging ultra-secure blockchain transactions, Viva cuts out the middlemen, resulting in a lending process that is more profitable and efficient for all parties. Viva enables a free market to determine the rate of interest on a borrower’s mortgage and removes the need for banks and other financial intermediaries. By eliminating inefficiencies in local financial systems, mortgage rates will more fairly and accurately reflect the level of risk associated with the asset’s true value.
Viva aims to revolutionize the antiquated mortgage lending industry by cutting out the middlemen and decentralizing the process, thereby applying a fundamentally more accessible and transparent approach to financing. We believe that Viva’s technology will increase the availability of credit for borrowers and for the first time allow non-institutional investors to participate in the consistent, asset-backed returns associated with mortgage investments, a product that has traditionally been reserved solely for large financial institutions.
Furthermore, by allowing the free market to dictate the risk and associated value of each mortgage - as opposed to a bank - we expect to see more fairly priced mortgages. The Viva platform will be leveraged by those in the developed and developing worlds alike, thereby enabling the world to take a large step toward geographical wealth equality - by breaking down the barriers and leaving both parties better off.
Viva’s mission is to disrupt the mortgage industry by allowing home buyers and sellers to set the terms themselves. Any individual, from any country in the world, will have access to credit financing for home loans via a decentralized, open market network on the Viva Platform.
Additionally, Viva’s function as an investment and savings platform accessible with just a mobile phone means all users of Viva will have access to credit financing, a savings and investment account, and standard blockchain-backed secure transaction services - regardless of what country they live in.
HOW VIVA WORKS
The platform is operated on a borderless and decentralized financing company for home loans that has been developed to eliminate the need to rely on middlemen like financial institutions and banks as well financial intermediaries.
Viva will be used to create a brand-new market in the lending/mortgage industry. The purpose is to reduce the inefficiencies the industry has while making it more affordable to buy homes.
This is the fist time, Viva allows private investors who are accredited to purchase high-end profitable, asset orients FMS (Fractionalized Mortgage Shares). This also helps to innovate applications that have been designed to improve the current state and traditional credit scoring and appraisal procedures, often time outdated.
Viva is here to be part of the revolution of mortgage financing is finally here. You can contribute now at the company website. There is a wealth of different documents that are available for the platform, like the: whitepaper, token generation event, terms & conditions, privacy policy, and crowdlending code preview.
Innovation is the key to Viva, the financial technology used on the system is purposefully used to bring larger decentralized mortgages to the people of the world. The platform initiates smart contracts for use of funding home loans through crowdsales. And then it connects the investors with the borrowers p2p on the decentralized, trustless tech platform. Leveraging the blockchain’s unbeatable security is the key to large transactions. And by cutting out the middleman like Viva does, the lending process becomes more profitable than ever before.
The company enables the free market to pick the going rate of interest a mortgage carries for the borrower. The need to have a bank or other financial service middleman is eliminated through the process and so are local financial institutions. Rates on the mortgage loans will naturally become fairer, reflecting the risk associated with it accurately in accordance to the assets true value.
When the banks failed in 2008, they brought with them one of the world’s first cryptocurrencies and started the process of decentralizing financial conglomerates power. Viva is now looking for ways to finish the process, thereby taking all power from the older, traditional and completely outdated financing systems – to leave them in the past, where they have belonged for a very long time.
VIVA TOKEN ICO
VIVA Token Sale is divided into two stages, there are:
1. Early Contribution Stage
The stage is conducted in three rounds with difference amount of bonus.
2. Main Contribution Stage
The main stage is conducted in three rounds with a certain bonus each.
The current round is the third round (Pre-Sale) of the Early Contribution Stage. The pre-sale round in which contributors get a 35% bonus on tokens when they invest. The round will be conducted in 30 days or untill the total of 6,870 ETH has been contributed. The exchange rate will be 46,511 VIVA to one Ether.
The detail of the VIVA token generation event is as follow:
Token: VIVA
Platform: Ethereum
Type: ERC20
Price in ICO: 1 ETH = 35,714 VIVA
BONUS
Early Contribution,
Round 1: 40%
Round 2: 35%
Round 3: 30%
Main Contribution,
Round 1: 25%
Round 2: 15%
Round 3 (depend on the amount of investation):
1 to 1.9 ETH: 5%
1.9 to 2.9 ETH: 10%
2.9 to 7 ETH: 15%
Total Token Supply: 4,000,000,000 VIVA
Tokens for sale: 3,000,000,000 VIVA
Accepting: ETH
Distributed in ICO: 75%
VIVA TEAM
MILESTONE
May 2016
Inception of original idea.
June 2017
Exploration of blockchain ecosystem to identify suitable core technologies.
July 2017
High level, service-oriented architectural planning of the Viva Platform.
August 2017
Exploratory data and feasibility analysis.
November 2017
Developed the Real Value 1.0 Home Valuation Algorithm.
Q1 & Q2 - 2018
Launch of Token Generation Event and development of MVP. Initiate large-scale marketing campaign.
Q3 - 2018
Develop Real Value 2.0 Application. Obtain legal and regulatory licenses.
Q4 - 2018
Launch Real Value 2.0 application. Finalize proprietary ML algorithms.
Q1 - 2019
Begin incremental launch of the Viva Network Platform.
Q2 - 2019
Launch the Viva Network Platform and successfully crowdfund first home loan with Viva mortgage financing system.
To learn more please click on the link below :
Profile Bitcointolk : https://bitcointalk.org/index.php?action=profile;u=1912849
My Wallet : 0x49f7eb7afaC9d963066ee7e4A999d4A53Aa8A098
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