VIVA: Mortgage Financing Future

fredrickdrizzy (3)in #bitcoin • 6 years ago

Hi guys! By now you guys should no that I am a great crypto-curency bounty player. Now remember how I told you guys that the world is basically ruled by information in this generation, Truth is to who-ever that is going to read this blog now or later, this is one of among all vital information’s ya’ll gotta know about. Cause right now you guys should be aware that it only comes outta no other place than Ricky’s Outlook. Have always monitored crypto-currency news, and today I came across a very attractive project with good cryptopian future. Let me introduce you to one of cryptocurenccy finest project cause you know i always give you the best. VIVA Network http://www.vivanetwork.org/

Viva is a decentralized biological community that interfaces contract for borrowers with worldwide financial specialists inside a borderless, blockchain-anchored cloud stage. Viva's innovation utilizes Ethereum shrewd contracts to guarantee and securitize private home advances into Fractionalized Mortgage Shares (FMS) which can undoubtedly be purchased and sold on the Viva FMS Exchange (a Secondary Market Exchange) application. Presently in many creating nations , there is an issue of purchasing a home. For money, this is essentially impractical, and getting a home loan credit is an issue so hazardous that numerous individuals decline it totally. What's more, futile. As of late keen on this issue, I found an exit plan. Presently the Viva Network venture is quickly creating, which is the most ideal approach to get a home loan for various purposes. Using Fractionalized Mortgage Shares Viva enables financial specialists to crowdfund home loans of home purchasers from anyplace on the planet, making the procedure faster and less demanding for homebuyers. With the capacity to productively get to the free market, the two gatherings will now have the capacity to benefit from global loan fee arbitrage and get bring down financing cost contracts and higher profits for ventures.

Viva enables the free market to decide the loan cost on the borrower's home loan and wipes out the requirement for banks and other money related middle people. Barring wastefulness in the neighborhood money related framework, the home loan rate will be all the more reasonable and precise, mirroring the level of hazard related with the genuine estimation of the benefit. The disappointment of the saving money framework in 2008 prompted the principal cryptographic money on the planet and started the way toward decentralizing the forces of budgetary aggregates. Viva plans to finish the work - surrendering the inadequate hundreds of years old money related framework, in which it really has a place: before.

VISION
We trust that the best answer for the issue of worldwide imbalance of financial riches is innovative advance. Blockchain innovation is an advancement that has demonstrated its capacity to decentralize and devastate a portion of the world's biggest enterprises. Viva means to upset the old home loan loaning industry by diminishing middle people and decentralizing procedures, in this manner applying an all the more on a very basic level available and straightforward way to deal with financing. We trust that Viva innovation will expand the accessibility of credits for borrowers and out of the blue permit non-institutional speculators to partake in stable earnings, depending on resources identified with interests in contracts, an item that is generally held for extensive money related foundations. Besides, enabling the free market to manage the dangers and the relating estimation of each home loan - not at all like a bank - we hope to see a more pleasant cost for a home loan. The Viva stage will be utilized by them both in the created and in the creating scene.

MISSION
Our mission is to disrupt the global mortgage industry by 31 trillion dollars by introducing a faster, cheaper and more transparent way to buy a house. Viva has pioneered exclusive mortgage financing technology. Using a smart contract infrastructure, Viva's financing system connects home buyers directly with private lenders from anywhere in the world - eliminating the need to rely on banks to get a mortgage.
Viva Network Mobile Application
Alongside a modern electronic stage, we will create Android and Apple applications to associate clients with unmatched comfort and productivity. From ERC20 wallets to contract postings to portfolio constructing, The Viva Network grasps the main cell plan basic for creating nations with real versatile web get to.

Exchange Viva FMS Application
After the home loan credit effectively performs invert preparing utilizing the Fractionated Mortgage Shares, it will be accessible available to be purchased on the selective Viva FMS Application Exchange situated in Viva Network Peron. The application will work like a run of the mill online trade of cryptographic forms of money, and the FMS will exchange a path like any amended income ensure. Speculators will have the capacity to utilize this stage to purchase (offer) and offer (ask for) FMS
These applications incorporate information examination devices, graphs and functionalities that characterize all FMS securities in light of hazard evaluation, benefit, term, IRR, and so on with singular portfolio suggestions and mechanization accessible to the normal speculator. In the Viva FMS Exchange application, a financial specialist can basically tap on FMS and view singular data about

Exchange Viva FMS Application

All the terms of the mortgage agreement include: duration, yield, interest rate (and the VIVA / USD exchange rate date for that date), the cost of the loan at the base facility, and so on.
All asset data includes: cost, address / location, size, age and quality of the physical structure, insurance level of homeowners, etc.
Two standard risk algorithms based on ranking (classification system 1 and 2)
Information about the borrower's creditworthiness includes: age, employment status, payment history, credit rating, income, other relevant financial liabilities, ability to repay debt (interest coverage ratio)
Credit rating of the lender;
Standard conditions of Viva recommendation;

VIVA TOKEN
VIVA Tokens ("VIVA") is an ERC20-based Ethereum blockchain token, intended to give utilities in the elite use of The Viva Network Platform. VIVA will at first be circulated, to early adopters of our vision for the Viva Network Platform, in acknowledgment of the commitments made amid the Token Generation Event.
TOKEN GENERATION

Hard Cap Event Token Generation: 3,000,000,000 VIVA tokens

Pre-sale: Hard-stamp ETH: 6,870 ETH
Pre-Sales Round 1:
Bonus token: 40%
ETH lifts hard-cap: 500 ETH
Pre-Sales Round 2
Bonus token: 35%
ETH raised the hard-stamp: 2,570 ETH
Pre-Sales Round 3
Bonus token: 30%
ETH lifted the hard-stamp: 6,870 ETH
Distribution Tokens
The total number of tokens that ever existed is 4 billion VIVA

75% - Distribution of Generation Token Events
7.5% - Team allocation
3.75% - Allocation of Advisors
10% - Allocation of the Reserve Fund
3.75% - Allocation of Marketing, Bounty and Private Contributions

ROADMAP