The main idea of VIVA is to make use of the smart contracts offered by the Ethereum network (the VIVA project will work with tokens ERC20) to be able to make the mortgage payments on the homes.
Viva Network is a unique idea with a working platform and with a team of real experts,according to the motto of the representatives of the project, their main task is to destroy the global mortgage industry, which is morally obsolete and does not fulfill its functions. Specialists from Viva Network implement the fastest, least expensive, and most importantly transparent method of obtaining a mortgage. By using the intellectual infrastructure of smart contracts, the system directly connects people in need of mortgages to private creditors. And it works all over the world, that is, you can get a loan anywhere in the world. What does this promise us? We completely ignore the banks and their incredible interest.
High interest rates for buyers, low interest rates for investors
Getting a mortgage is challenging and frustrating, and for many creditworthy individuals around the world – is often impossible. Furthermore, the profit model behind mortgage loans and Mortgage Backed Securities is one of the most lucrative business models in existence.
Despite this, banking corporations around the world consistently exploit consumers with price gouging, collusion and even interest rate manipulation. This centralised authority is irresponsible, and we believe these profits belong to the consumers – the homebuyers and investors – instead of the middlemen (the banks).
Low interest rates for buyers, high interest rates for investors
Viva is a hybrid blockchain protocol that introduces a brand new option for consumers around the world to finance their homes – the free market.
Tearing down the decades-old barriers to entry in the securitization industry by introducing the world’s first Peer to Peer Mortgage Financing Platform & Tokenized Mortgage Exchange.
The Way Viva Network Works?
The system is worked on a borderless and decentralized funding Company for home loans that’s been developed to eliminate the necessity to rely on middlemen like financial institutions and banks also financial intermediaries.
Innovation is the key to Viva, the financial technology used on the System is intentionally utilized to attract larger decentralized mortgages to The folks of the planet. The platform initiates smart contracts for use Of funding mortgage loans during crowdsale. It connects the Investors with the borrowers p2p on the decentralized, trustless technician platform. Leveraging the blockchain unbeatable safety is your key to huge trades. And by cutting out the middleman like Viva does, the Lending procedure gets more profitable than before.
The modern banking system on its knees, gave impetus to the development of decentralization, blocking technology and the emergence of the first crypto currency in the world. Viva Network had a chance to complete the work, bringing to the logical conclusion of cryptotechnology, introducing them into the renewed financial sphere, which we, as I am sure, will use
the ICO project
Quantity: 3,000,000,000 VIVA
Price: 35,714 VIVA = 1 ETH
Hard cap: 3,000,000,000 VIVA
Up to 11,200 ETH – 25%
Up to 33,070 ETH – 15%
Up to 68,700 ETH-no