Block66 View project
Block66 - a platform for mortgage lending P2P and debt in the amount of
Block66 is a platform where creditors can find trusted borrowers to provide loans for real estate.
Project Details
Block66 is a platform where creditors can find trusted borrowers to provide loans for real estate. This is a public and transparent space where most processes are automated, which reduces costs and risks.
Each loan is represented as a pool of chips with credit confirmation (PoL), that is, debts are labeled, and then resold to those who wish. In this respect, lenders get liquidity, and investors get more access to the market, that is:
1) Borrowers have access to a large base of lenders and can choose the best and suitable offer for a mortgage.
2) Creditors (investors) receive all necessary information about the borrower. When deciphering a mortgage agreement, lenders can sell loan agreements to other investors.
3) Brokers receive a convenient solution for assessing property, information about creditors, credit rating and other necessary information for working with creditors and debtors, which will allow brokers to simplify their work processes.
The Block66 infrastructure is a decentralized application running on Ethereum. Brokers replenish customers in the lists of creditors and borrowers after a thorough check. The platform checks the place of residence, credit history, licenses, criminal records and other documents. For this check, software developed by the launch command is used. The result is a risk / reward factor. In accordance with this indicator, lenders can choose whom to lend. Brokers receive compensation in the form of commissions and interest rates for transactions.
At the first stage of development, the project will become a relatively common platform for selecting parties: creditors and those wishing to obtain credit. At the second stage, at stage 66, mortgage loans can be defined as investment assets. The developers argue that with a combination of all the possibilities the platform will become a unique mortgage market.
Using the currency of the crypt, the project eliminates the need for bank accounts, as well as restrictions on the country of residence. Due to tokenization, lenders will be able to reduce potential losses.
ICO Details
Name of the token: B66
Type: utility token
Total tokens: 305,000,000
Tokens for ICO: 155 million (pre-trial 50 million, main round - 105 million tokens)
Cost: presail - 1 token for 0.10 USD, the main ICO token is 1 for 0.15 USD.
Softbank: 3 000 000 USD
Hardcap: $ 12,285,000
Accepted currency: ETH, BTC, BCH
Token distribution:
40% - 120 million - Block66;
10% - 30 million - a team, advisers, generosity;
50% - the public preliminary sail (50 million) and the main round (105 million).
Command:
The project team is represented by eight main participants and nine advisers (advisers). The team has good specialists from different areas with extensive experience in the field of mortgage lending. For more information on team members, see the project website. The team actively participates in various events, forums and conferences. At the very beginning of the trip, the team will focus on the markets of the US and Canada, but will quickly expand the reach of developed countries and open new channels for investment.
Joe Markham is the CEO and co-founder;
James Tackett is a CPO and co-founder;
Kamil Mechakovsky - Chief Operating Officer and Co-Founder;
Cody Lamson is a leading developer;
Vishal Karangutkar is the developer;
Gabriel Nicola is a senior developer;
Krysta Mccallum - Head of Human Resources;
Ryan Sanger is the CFO;
Anna De Grave is a designer and animator;
Henry Dow is a contract designer.
Road map
In the fourth quarter of 2018, an alpha testing platform will be conducted, which will receive feedback and reports from the first customers using the Block66 platform. In the first quarter of 2019, the MVP (minimum work product) of the Block66 platform will be released with the first loan on a blockbuster. In the third quarter of 2019, users will be able to partially trade the share of mortgage loans, and the owners of the tokens will receive dividends.
Website - https://block66.io
Whitepaper - https://drive.google.com/file/d/11ZevZaCwYSG_0iv8On810w3Sjj2E5FLq/view
Facebook - https://www.facebook.com/Block66Official
Twitter - https://twitter.com/Block66_io
LinkedIn - https://www.linkedin.com/company/block66/
Reddit - https://www.reddit.com/r/Block66/
YouTube - https://www.youtube.com/channel/UCHBDzsJ5aKcYr02lrDVxoag
Medium - https://medium.com/@block66
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eth 0x7b0C7F6CCDecf6f7f2557B8aFf2589cC707b9E85