afdalah12: Review of ICO Viva Network - a platform for mortgage lending for the blockbuster

Hallo meet again with me sarta afdal, I will explain Blog I will introduce about VIVANETWORK project, and for more details let's go to the following discussion:

The conditions of the crisis force people to change their habitual conditions of life. Recall only 2008, when non-payment of wages and a significant reduction in jobs led to some changes in the psyche of the population. People began to understand and better understand the structural mechanisms that lead to the largest market in the world. However, even the realization of some levers did not bring peace to the peaceful population, and any deviation in the world economy entails certain consequences.

Viva introduces large-scale decentralized mortgage financing to our world. The platform intends to use the technology of smart contracts for the provision of home loans crowdamding, linking borrowers and investors within this ecosystem. Using highly reliable transactions on the blockroom, Viva masterfully eliminates intermediaries, as a result of which the lending process becomes more profitable and effective for interested parties.

Mortgage lending rates are almost entirely controlled by central banks, whose policies are affected by local currency and the economic landscape. Using the decentralized Viva platform, you can now get rid of middlemen forever, leaving inefficiency of the banking system in the past and thereby providing higher rates for borrowers with better returns for investors.

Principle of operation

To put it briefly, the mortgage process begins directly with the application and passes through such stages of verification as: conditional approval, valuation of assets, legal examination of the proposed conditions of the facility and, ultimately, if the scenario is positive, a final approval takes place.

The initial application includes the provision of full application documents and assistance to applicants for a mortgage in the filing process. At this stage, the applicant is only required to provide standard accompanying documentation regarding his level of income, debts and assets.

Viva's professional service will conduct an internal audit in order to identify confidence in the value of the asset, which will help to facilitate communication between the buyer and the seller of housing in order to identify potential problems with the home structure or surrounding property prematurely.

Further, the inspector assigned for the house will prepare a detailed report on the physical condition of the property and provide an expert opinion on the value proposed by the applicant.

Conditional approval includes the receipt of the initial approval from Viva Hub on the basis of the documentation provided. Any additional information required from this stage for final approval that can be added will be checked through hashes in the blockroom.

In order to obtain mortgage loans, Viva Hub professionals will conduct an independent evaluation in order to ascertain the cost of the purchased house and its compliance or exceeding the specified cost.

The costs for this process will be borne by the borrower, which will display all the movement of funds to close the case.

To ensure investors' confidence, all the proposed conditions must pass the minimum qualifying tests, which will be listed in Viva Network for viewing. These minimum qualification tests are designed to protect investors from FMS conditions that are too low to be considered a reasonable investment. If these tests are not performed, the mortgage will not be approved.

ICO Details

> Pre-sale start: May 29, 2018
> Symbol : VIVA
> Type : ERC 20
> Total number of tokens : 3,000,000,000
> Hard cap : 6,870 ETH (Advance sale);
> 68,770 (the main sale, which will last 60 days).

Distribution of funds

Distribution of tokens

75% Distribution The
maximum number of tokens that will circulate among participants at the time of the completion of TGE is 3 billion. This circulating source of VIVA will not be represented and can be indicated on regular exchange of crypto currency after TGE.

10% Reserve funds
The total number of tokens that will be distributed according to the functions of the reserve fund will be 400 million. These tokens are stored in reserve and used to provide and facilitate various functional applications of the Viva network, including: a backup pool for the Real Value 2.0 Home Valuation Application, FIAT / CRYPTO facilitator software, and other backup requirements.

7.5% Development team The
total number of tokens that are saved by members of the Viva Network team, which will be transferred within 1 year from the Token Generation event, will be 300 million.

3.75% Advisors Team The
total number of tokens that will be allocated to consultants is 150 million tokens. These tokens will be unavailable within 3 months of the completion of the TGE.

3.75% Marketing, Bounty and Private Deposit Distribution
The total number of tokens that will be saved for marketing operations, private contributions and a grant program will be 150 million. These tokens will be frozen until the completion of the token creation event and the completion of the Bounty program.

Bonus program

ROADMAP

May 2016 The
concept of Viva's decentralized platform originated and its primary development.

June 2017
Further study of the principle of the operation of modern blocking technology for its subsequent use.

July 2017
Purposeful, service-oriented architectural planning of the Viva platform.

August 2017
Consecutive market research services.

November 2017
The algorithm for estimating the real cost of the application 1.0 Home is developed.

Q1-Q2 2018
Launches the creation of tokens and the development of MVP. Conduct a large-scale marketing campaign.

Q3 2018
Development of Real Value 2.0 application. Obtaining legally certified licenses and other documents.

Q4 2018
First launch of the Real Value 2.0 application.
Completion of the ML algorithm.

Q1 2019
Gradual and confident launch of the decentralized Viva platform.

Q2 2019
Conducting the first mortgage on the platform and its further actions.

TEAM