THE HOMELEND ADVANTAGE TO HOUSING MARKET

cryptosignal2 (38)in #ethereum • 6 years ago (edited)

Homelend is a decentralized ecosystem platform that empowers the up and coming age of homebuyer mortgage financing. Homelend makes an interface for coordinate communication between borrowers, loan specialists,and stakeholders in the mortgage value chain. Thusly, it empowers contract crowdfunding utilizing a shared model with the security, straightforwardness and computerization given by dispersed record innovation (DLT) and shrewd contracts.

MORTGAGE FINANCING ARE AT THE CORE OF SOCIETY

Having a house is one of the fundamental human needs – a need the vast majority are just ready to manage the cost of by taking out a mortgage advance from the bank. In the U.S. alone, in excess of 8 million mortgage credits are conceded each year.

AN ARCHAIC $31 TRILLION INDUSTRY YEARNING FOR DISRUPTION

The U.S. contract advertise is esteemed at $14 trillion, and the worldwide market is relied upon to reach $31 trillion before the finish of 2018. However, regardless of how focal this market is both socially and monetarily, the customary mortgage loaning framework remains unfathomably primitive. The framework depends on extensive and complex paper-based procedures including different middle people—forms that are loaded down with wasteful aspects and overhead expenses for the two borrowers and banks. In addition, contract advances are generally unattainable for the new age of youthful borrowers, barring a large number of reliable people from acquiring home advances because of obsolete appraisal criteria.

THE HOMELEND ADVANTAGE

From manual and extensive, to Streamlined and Efficient and incorporate pre-define business rationale into smart contracts, digitizing documentation and taking out superfluously forms, Homelend will naturally execute a conclusion to-end beginning procedure, chopping it down from 50 days to under 20.From Costly Intermediation to Cost-Effective and Middleman-Free The permanence, security and straightforwardness given by DLT makes it conceivable to record exchanges, including credits, without banks going about as brokers. This will decrease costs for the two borrowers and moneylenders, while limiting the separation between them.From Ambiguous and Clunky to Transparent and User-Friendly Homelend means to make a loaning procedure that isn't just savvy, yet in addition basic and reasonable. It will empower borrowers will have the capacity to effectively apply for a credit, track their application status consistently and interface specifically with contract lenders.From Vulnerable and Unreliable to Trusted and Secure Centralization and paper-based procedures are the key factors behind the weakness and defenselessness that portray the customary mortgage industry. The one of a kind qualities of DLT and shrewd contracts empower Homelend to give a stage to individuals to execute a lot of cash in a trusted, straightforward, and secure way.

THE HOMELEND TOKEN (HMD)

The HMD token is the fuel driving the Homelend shared loaning stage. Its primary usefulness is to give access to the Homelend platform.This utility token likewise assumes an instrumental part in empowering a quick, smooth and easy to understand work process that is brought together and secure.

All tokens can be changed over to and from HMD.

Determinations

Image… … ..HMD

Add up to Supply… … .250,000,000

Standard… … ERC-20

Face Value… … ..1 ETH= 1,600 HMD

Acknowledged Currencies… BTC, ETH, USD

Softcap… … ..US$ 5,000,000

Hardcap… … US$ 30,000,000

TOKEN ALLOCATION

28% Pre-sale36% Public sale20% Reserve Fund8% Advisors and Bounty Program8% Founders

Utilization OF PROCEED