Viva is a decentralized ecosystem that connects mortgage customers ...

About Viva

Viva is a decentralized ecosystem that connects mortgage customers with global investors in a blockchain-free cloud platform. Viva's advanced technology uses Ethereum smart contracts to guarantee and secure private mortgage loans into Collateral (FMS) that can be easily bought and sold on the Viva FMS Exchange application. secondary school). Using fractional mortgage stock, Viva allows investors to mobilize mortgages from home buyers from anywhere in the world, making this process faster and easier for home buyers. With effective free-market access, both sides will now be able to capitalize on international interest margins and receive lower mortgage rates and higher return on investment.

Home is where we forget all our worries and find peace. We search and buy a home we can live our whole life. It is an innate desire to own a home in all the people across the world. Well, the reality of owning a home is slightly different from the dream world. The process of buying a house begins with a search for the house. And, when we do find the house we love, the real problem begins. The home loan is the only option for most of us. Many home loan financing companies have different interest rates for the different categories.

Banks have been the source of all the inefficiencies in the financial world. They choose the rates depending on the various parameters. The high creditworthiness of an individual makes him more favorable than others. Lack of transparency and presence of third parties in the banking system are the two of the biggest challenges for the growth of the industry. There is a requirement of the new system of financial inclusion which must include everyone. Mortgage industry needs an innovative solution, which can bring all the stakeholders on a common ground.

Solution offered

VIVA NETWORK is building solutions for the mortgage industry with the help of blockchain technology. The team is creating a platform to connect the investors and the mortgage borrowers. Fractionalized Mortgage shares are created for the smooth trading of the mortgage loans among different investors depending upon the risk profiles of different projects.

Mortgage financing has found a new alternative which is powerful, transparent and efficient. Residential home buyers have the whole world to finance their home loans. No longer the buyer has to travel to the banks for the loans. The process of financing the loan begins with the evaluation of the home. The process of evaluating a home is done by the Real Value 2.0 application(RV2).

It is a software based on the artificial intelligence, predictive analytics, and machine learning. Different tools are available for the prospective home buyers on the platform, such as property compare and home search. Credit score of the users on the platform is made with the help of the V-score application. This is a transparent application which can be easily tracked across all the digital devices. VIVA hubs are offices created in the multiple countries to solve the challenges of regulatory requirements of different countries.

They will help in the wide-scale adoption of the VIVA NETWORK in many parts of the world. Standardized VIVA recommendation terms are the terms and conditions for the different borrowers based on their risk profiles. The terms & conditions are generated using data-driven machine learning system. Grading system on the platform is utilized for the mitigating the risk of incentive conflict. Grading score is based on the different metrics, such as credit information, asset value, and market conditions.

I will take you through the process of the crowd fundraising:

Total Token Supply: 4 billion
Ticker: VIVA
Type: ERC-20
Token sale: 3 billion available for sale only
Team: 7.5% (300 million)
Advisors: 3.75% (150 million)
Marketing: 3.75% (150 million)
Reserve: 10% (400 million)

The process of the fund raise range stages to stages with maximum bonus at every levels as follows:

Private Sale Round 1: 40% Bonus
Private Round 2 sale: 35% Bonus
Pre-Sales: 30% Bonus
Main Sales Round 1: 25% Bonus
Main Sales Round 2: 15% Bonus
Main Sales Round 3: Bonuses based on contribution size, as described below:
5% discount for contributions between 0.9–1.9 ETH
10% discount for contributions between 1.9–2.9 ETH
15% discount for contributions between 2.7-7 ETH

Conclusion

FMS Crowdfunding event will be held on the platform for financing different projects. The mortgage is fractionalized into 100,000 FMS shares. After the completion of the project's crowdfunding stage, the project is made available on the FMS exchange, where it can easily be traded like any other cryptocurrency exchange. Another major powerful player on the network is the investor, who can be from any part of the world. They have the opportunity to invest in the asset-backed returns, which will revolutionize the mortgage financing industry. Robot-assisted loan financing process will be the new normal in the future.

Decentralization is the future of the mortgage financing industry. The application developed by the team will help in the rapid generation of direct communication between investors and borrowers. Liquidity is a major problem in the industry. I think that they have tried to develop an innovative solution for the industry. What do you think about the future of the platform? Are we ready to buy our home?