HOMT: A TOKENIZED REAL ESTATE PROPERTIES FOR STUDENTS

prettytaxi (26)in #homtoken • 4 years ago

INTRODUCTION

This platform uses the advancement of the blockchain to achieve a decentralized accommodation facilities for students. This project would be solely driven by the blockchain, making tokenization of the properties possible globally alongside transactions that are involved in the various processing of the transactions involved in the distribution of properties.

THE UNIQUENESS OF HOMT PROJECT

HOMT project exist as the future of real estate, a platform where the purchase of various housing properties can be achieved with perfect liquidity. Investors also have this project as a secure and sure Investments which can be managed as all the program can be documented and made available for to all the investors. The blockchain has been able to cause the change in the features of investment as the new technologies are adopted. Some technologies that are adopted are asset tokenization, decentralization and the immutable ledger. All these introduce new benefit to the cryptocurrency world that makes more investors troop into the market.

FEATURES OF HOMT LTD

HOMT hopes to make students independent and able to dwell comfortably in the real estate housing peacefully with reduced cost of rental. This will have a positive impact in their study and also make studying less burdensome to them.

The transactions that are done by the users in HOMT are carried out in the blockchain and are very transparent and easy to process as the platform also introduces the clarity of the stages of processing transactions even as the investors are encouraged.

The token appreciates as the price increases, this is also the case with the housing properties that are already tokenized. Students can easily find a good accommodation that suit their demands with just a few search in the platform unlike when so many agent would have been involved with so much extra cost to follow.

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USER'S GAIN FOR INVESTING IN HOMT

It is always a good idea to invest in platform that are established Marketplace on their own just like the way HOMT is a ready to use network that is integrated on the blockchain. Being integrated on the blockchain means it would be able to adopt other high technologies like AI to control its data and Investments.

Users will also have the advantage of the early bird in the market they are involved in to make the profit they make come timely and earlier than others. There is a limit to the Investments in this platform, once the target is reached, that means it is over and no more investors can be taken. The Investments in HOMT is enabled by IEO and forming a whole community makes a whole lot of difference. All tokenized commodities would be made available, security granted to invest and use the commodities paid for.
The Ethereum platform supports the HOM token which is an ERC 20 model token with a standard value. The token is also of technical standard and is now available in the market to be used or traded through simple interface with such technical support. This token is a way of using this network optimally, a sincere means of exploiting it and using technologies that are safe to build the community that is rule with smart contracts. Through the enaged ERC 20, some activities now become possible, activities like exchanging of assets, receiving and sending funds in the trustless community with low cost fee and peer to peer interaction between the users.
The funding of the project as seen as an important part of the development is now made possible through the token it issues. This is what will make transaction Processing possible as students are given the required property to rent and to stay comfortable. The tokens that would be issued to users or students this way is called the HOME OWNERSHIP TOKEN. This token is of a Verifiable source and can be verified through smart contracts in the decenralised system. Other additional features of this token is that it is very decentralized and can be used as payment for utilities. It is transparent when used and can easy be used to achieve interoperability and the security of the investor of user. It is very portable to use and cannot be disregarded as long as HOMT remains useful in the blockchain.

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CONCLUSION

All the issues that are in line with the renting of housings in real estates would be resolved into a unique way such that the standard it would set will remain and make students lives a lot more comfortable. Information concerning investing in this type of program would be passed to users to make then have continuous access to the platform and other features it has. As students browse, they can easily put everything they need in place on the HOMT platform and then move to their accommodations after all the reservations have been made. This is how easy and simple students' life globally would be as HOMT begins to gain prominence.

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