Down Payment

Purchasing A House Easier And Faster By Viva Network

Purchasing A House Easier And Faster By Viva Network

House is an ever-increasing need of humanity since all humans need shelter to house their family and fulfill the needs of them such as resting, relaxing, and so forth. But the housing industry is threatened by the skyrocketing prices since more and more people are being born and fewer lands are available for the housing. This makes the house has a very high price and requires a huge amount of money to even pay the Down Payment. This is indeed very frustrating to all middle classman people since they don’t have that money to purchase the house, and in the end, they have no house and forced to live with their relatives for the rest of their lives. There is actually one practical solution to this circle, which is having a loan to purchase a house but to are possess the threat that could ruin someone financially and lead to a disaster in the market if the loan is not done properly.

We are all too familiar with the failure of the banking industry in the mortgage crisis of 2008. The problem is actually very simple since it just covers up the failure of the people to pay their debts to the bank at that time, leading to a very serious economic disaster that almost ruins America and Europe back in that time. Even though having a loan could become a huge help in having a house, the centralized system with a huge interest that imposed by the banks are making the people very difficult to pay their loans to the banks. This is indeed very counterproductive since the banks live on the loan, and the people simply can’t pay the loan since it has a huge interest with years to complete the payment period. This is the major issue why people are becoming more and harder to obtain their house.

In the world alone, the housing industry, along with the property industry has made trillions of dollar per year, and that will keep going on since the value of a house will steadily increase and more and more people are less able to purchase a house. Housing is usually divided by its type, and the bigger the type, and more expensive than the house will be. But the problem here is, even we are about to purchase the smallest type of a house, the amount of money that is required to purchase a house is still astronomical and making it more inconceivable by all the people that want to have a house. Even though the government are already providing the solution such providing the house with the zero payment system, reducing the value of a house, but that is not tacking down the most basic issue that is now happening In the world, which is the inability of a person to purchase a house due to its astronomical price. This circle needs to be broken down as soon as possible since more and more people are greatly in need of a house.

For further information you can visit one of the links below:

http://www.vivanetwork.org/

https://www.facebook.com/VivaNetworkOfficial/

 

The risks of the platforms and platform mechanism

When we are talking about the housing industries, how little it is, it will contain the risk that needs to be recognized and addressed. The housing industries are a huge market with trillion of dollars that circulated per year. That sum of money is the backbone of the housing industries and thus it posse a high level of risk. Here are several issues that the user needs to be aware of before buying the token or joining in the platform.

There are a lot of reasons why this kind of mechanism will be favored by the people, and thus making this platform healthier and more reliable, which is:

  1. Fast and reliable

First is, all the procedures mostly conducted online, and it means that you don’t have to follow a series of very long and complex procedures that are usually imposed by the banks or the third party which is very inconvenient and tiring. The documentation that is required for the platform is online which mean the applicant will just need to upload their document in an instant without even be needing to go to certain places.

  1. Protected by cutting edge blockchain environment

And as for the security issue, the team has been equipped with the most talented and experienced group of assessor that is capable of determining someone’s ability in real time. They are able to determine and foresee the risk that exists in the certain people, and as well as distinguishing the real documents and the fake one. This is crucial since a lot of banking institutions are failing due to the fact that they are giving the money to the wrong person who is not able to pay for the money they owed to the banks. The team will also provide the advice for the applicant on how to pay and manage their money to reduce the risk of the applicant not being able to pay for their debt.

  1. crowd funding

The third is the funding mechanism. The funding mechanism that is imposed by the platform here is crowdfunding, meaning that there will be a lot of people are investing in this platform by purchasing the token of the platform and thus the money will be used to fund for the applicants and the mortgage. The applicant then will need to pay for a certain amount of money, and then the money will enter the crowdfunding market and becomes more money to fund even more applicant and so forth. This mechanism means that the platform will lose nothing and benefit nothing unlike the banking mortgage system and so on. The platform Is also not giving the extreme amount of interest since the money is sourced on crowdfunding, not the typical money that is provided by the banks.

The crowd funding will be translated by the platform namely the fractionalized mortgage shares or FMS. This FMS will become the amount of money that is needed in order for someone to purchase a house. usually, there will be 100.000 FMS per house, and then the crowd fills fund those FMS per month. There are a lot of reasons why FMS is very prospective for all the people. First of all, it is investment mechanism, meaning that people will receive a certain amount of money as they invest in the FMS. but FMS itself is not the token of the platform since it just the integrated investment mechanism that will be enjoyed by the people who are willing to pay for the FMS and thus crowdfunding the platform. One FMS at a time will be equivalent to 10 dollars per month, so logically, the more FMS that one person has, the more investment they will receive per month. But you should notice that the amount of the investment is not fixated.

There are indeed several risks at play when it comes to the investment, such as:

  1. Inflation risk

The first is the inflation risk, as it plaguing all kind of investment in the world. The more in the inflation is, the lower the value of your investment, and vice versa. But naturally, if the inflation rises, then it is not just your investment is at risk, but a whole country economic too. Meaning that the government will try to hold and reduce the amount of inflation in that country to stabilize and strengthen the country economy. The second risk will be the market risk, where it is directly linked to the housing market. To put it simply, the more house sold in the housing market, the more money you can get per FMS since FMS is generated by the house that is sold to the applicants. Similarly that if the less house is sold, then the less amount of investment money can be made.

  1. Interest risk

Interest is also the risk that really needed to be accounted for. Simply, as the interest climbed up due to the global economy, the investment rate is dropping since the interest will take up several amounts of money. but up to this day, there is no sign of the interest rate being high drama in the short few days due to the market optimism. The interest rate is also steadily declining since more and more business field are opening up and the market is going at a high speed to recover and regenerate money.

For any further related information, you can visit one of the links below

https://t.me/wearethevivanetwork

http://www.vivanetwork.org/pdf/whitepaper.pdf


The sale and token generation event

Just like any other blockchain platform, this platform also has the token that could be used in various ways. The token is called the viva token, or the token for future statements. The token as we already stated before could be used for many things, but primarily is to use the facility of the platform such proposing the loan, paying the loan and so forth. the token is the ultimate form of payment where no other methods of payment are received by the platform. To get the token, the people are required to join the series of sales that is being conducted by the platform. Mainly the platform is holding two kinds of sale, which are the first stage which consisted of around 3 rounds, and the main sales which also have 3 rounds. Here is the more detailed information concerning the rounds of sales.

  1. The pre-sale or the first stage of the sale

The first stage of sale is the pre-sale, or as any other blockchain refers to. This is where you can get all sorts of bonuses that is very profitable for you. There are three rounds of the pre-sales, as the more rounds, the lesser bonus you can obtain. The first round has 40% purchase bonus, and the last round has around 30% bonus per transaction. The interval between the rounds is about 10 days, so you need to make sure what kind of rounds that you are following. As we speak, the first stage of sale is about to come to an end, since the first stage of the sale will end at 1st of July.

  1. The main sale

The main sale or the main contribution period is the where the majority of the token will be distributed. There are 4 billion of the token that is available for this platform, where 75% of them or about 3 billion of them are the hard caps of the main sale. The period of the sale is about 60 days and Main Sale Starts July 20th. The main sales also have the 3 rounds with their own bonus, ranging from 25% to regular sales with no bonus. As for the price, the price of the token depends on what kind of sales and how many bonuses you receive from the platform. The price is ranging from 50 thousand tokens per ETH to around 35 thousand tokens per ETH. And as the currency value, the token is worth roughly around 0.009 dollars per token.

  1. The token distribution

It is important to know the token distribution since the this is to show the integrity of the platform itself. Here is the token distribution as having been stated by the website.

  • 75% TGE or sale (3 billion)
  • 10% reserve (400 million)
  • 7.5% team allocation (300 million)
  • 3.75% advisor (150 million)
  • 3.75% marketing operations (150 million)
  • The whole quantity of the token: 4 billion
  1. Token usage

The token usage is primarily for the main transaction of whatever the transaction that occurred within the system, be it the payment of the loan, the proposals, and so forth. and as for the exchange, unfortunately, there is no information concerning the exchange that could be done using the VIVA token, but the website does promise there will be several practical usages of the token in the near future.

For any further information concerning the sales you can visit one of the pages below:

https://bitcointalk.org/index.php?topic=3430485.0

Introducing Viva, Solution For Your House Mortgage

Introducing Viva, Solution For Your House Mortgage

House mortgage industry is the most valuable industry in the world since the need of the house is ever increased. The issue here is the price that is also skyrocketing due to the imbalance of supply and demand in the global market. This is due to the several factors, such as the availability of the land, the global economy and politics situation, the profile of certain areas and so forth. As the result, billions people are having a very hard time acquiring a house, where certain individual groups are having multiple houses with a very high value. This is definitely creating an economic and social disparity as more and more people need the house, where fewer people are able to acquire the house with their own money alone.

There is also a practical solution to this issue, namely the mortgage loan that could be afforded in the bank or the third party such as the person or a loan providing group that is scattered across the globe. This indeed provides a very practical solution to those who do not own a very large amount of money to purchase the house since the house usually imposes the down payment system that is very hard to be accomplished without the proper financial preparations. The mortgage loan can be achieved in a various way, but the problem will soon follow, as the interest of such loans is steadily increasing and the people financial economy are more or less unstable do the global economic change that could change in any minute. This leading to a very complicated and centralized housing market and mortgaging system that is now run by the government or the banking institution.

This could prove to be disastrous since the centralized market, should it fail, will affect thousands of other aspects and thus endangering the global economy. This already happens in 2008, where the mortgage industry is falling down due to the inability of the people to pay for their loan, and thus destroying most of a high level American and European economy back then. This is a very serious issue that needs to be tackled since the demands of the house will always increase, but the system that is built upon it needed to be decentralized so it is safer, faster and more reliable in the term of the global market.

For any further information you can access several links below:

http://www.vivanetwork.org/

https://www.facebook.com/VivaNetworkOfficial/

Viva as the solution for your housing needs

But the cycle could be ended with the rise of the blockchain lately. Viva network is a solution for the ever problematic housing industry that is now affecting billion of people. There is a lot of issue to the housing problem such as:

  1. The skyrocketing price

Prices in the most essential in the house as it become the major consideration of every person who is about to purchase a house. The price of a house is usually affected by several factors such as the land value, the availability of the public facility, the type or the size of the house and lands, and other myriad factors that are too much to be mentioned. But even the smallest and most undesired land still possesses a very high amount of money and that is very hard to come by. The platform provides the crowdfunding platform to the person who needs a fast and saves money to purchase a house, and thus the crowdfund will provide the money on certain conditions. This will disrupt the common business style where the banks and the third parties intermediaries are in play.

  1. The difficulty in obtaining the loan

Even if the person is able to purchase the house via a loan that is provided with the banks, the access to such a loan is very difficult and complex. More and more people are less able to have a loan to pay for the house, and thus making the people less able to have the house. This is due to the fact that the banking system is interconnected and centralized making it very fragile should the people are failing to pay for the loans of their house. Countless evidence has already emerged to show how fragile the banking institution is, and thus making it a less reliable source of money to have. For your house mortgage.

  1. The house appraisal

As the beginner buyer, they usually don’t understand whether a very specific type of house is worth their money and effort so that they end up purchasing a house that is too pricey and disrupting their financial capabilities. This is very problematic indeed as the housing industries are not providing the tips or the review of their economic situations, as their concerns are just to conclude a sell. The viva platform provides the very practical solution which is the counseling or the advice of the buyer of a house before buying a certain type of the house. They also review the economic impact of a family so that the family can own a house without any clear risk at their mind.

Those issues above are the most impending issues that are haunting the global housing market. This is counterproductive since the housing industries need to sell their houses as fast as possible where the people are less able to purchase the house day by day. This cycle needs to be disrupted, and that is just what this platform do, to disrupt the status quo and giving ease for the buyer of the house to gain their money so that they can have a house.

For further information related to the platform you can access the documents or the site below:

https://twitter.com/TheVivaNetwork

http://www.vivanetwork.org/pdf/whitepaper.pdf

 How VIVA works

 

We have already seen the intro of the platform, but we will then as ourselves, how this solution is really working. This is the most natural responses to any kind of disruptive business type that happens globally. First of all, the main difference between the platform of the banking system are the terms of coverage. The banking system is a web of interconnected monetary agencies that is affecting one after another, and thus making it very fragile since the disruption in one side could have a significant impact on the other side, whether it is good or bad influences. Here are the procedures of the application at the first glance.

  1. Buyer propose a loan for a house

The most critical thing about purchasing a house is the loan itself, without it, so many people will just lose the ability to have a house in the oncoming years. The buyer will start proposing for a loan that is followed by several documents that are needed by the system for the verification needs. The document will be the debt, the income, or any related financial situation of a person that could be useful for the verification process.

  1. Verification process

Verification is the most crucial steps, as it will determine whether or not the person will have their money for the mortgage.  The verification will include the professional assessment done by the team of the platform. The buyer will also directly redirected to the home seller, to provide any risk that could potentially reduce the value of the house. the home seller is also obliged to inform the buyer concerning the minor or major issues of the house such as reparations, damage, and so forth.

  1. Approval and appraisal

The approval of the platform is divided into two kinds, the conditional approval, and the final approval. The conditional approval is the first approval where the condition of the document have been met and the team is already approving the document to be further analyzed by the team in order to determine the fund that will be provided for the applicant. The final approval is where all kind of document is already assessed and all the condition has been met and thus making the applicant eligible to receive the fund from the platform. The appraisal is the process of appraising the true value of the house by the professional team of the platform. The appraisal process also includes the advice from the team concerning the house and so forth.

  1. Grading

After all sort of administration and assessment has been dealt with, the final process of the procedure is grading. Grading simply is the mechanism to grade someone financial capability that has been provided by the earlier documents. Grading will determine about the financial funds that will be provided by the platform by listing the applicants into the several grades that are available. within the system. There are ten grades from 1 to 10 and the applicants will enter one of the grades, and thus define any potential risk or changes in the term of the applicant capacity to pay the loan to the platform.

  1. Crowdfunding

After the grading process has occurred, the platform is now gathering the fund in order to give the applicants the money they need. After the money has been collected, the platform will receive a portion of the money where they can use it for paying the Down Payment that is required to purchase a house. the applicant then is responsible to pay the amount of money in a certain period of time, such 20 or 30 years according to their own grade. The money that has been paid by the applicants are becoming the crowdfund that will be used to fund more applicants, and thus the cycle continues.

The TGE and sales

the token that is recognized  by the platform is the viva token, where the platform will provide as much as 4 billion tokens where it will be distributed in the following:

  • 75% TGE
  • 7.5% team allocation
  • 3.75% advisors
  • 10% reserves
  • 3.75% marketing allocation

As for the sales of the token, typically there will be 2 main sales event that will be held by the platform, they are

  1. The pre-sales

The pre-sale is currently ongoing and will end in July 1st. The pre-sales or the first stage of sales will have the bonuses, just like any other platforms. The sales will be in 30 days, with ten days bonus bonuses changes interval. During the first ten days, the price will be 50 thousand tokens per one ethereum, meaning that the token will have around 40% bonus per sale. The second ten days will worth 35% bonus, meaning that the viva token will worth 48.309 tokens per one ethereum, and the last ten days will have 30% bonus, and the token is 46.511 worth per ethereum.

  1. Main sales

Main sales will occurs just after the pre-sales, the main sales will start at July 12th. And as for the main sales, there will be 60 days period or roughly two months of the main sales process. The main sales are also providing the bonus, though it is not larger than the early stage bonus. And unlike the first stage where the bonus is counted per 10 days, the bonus in the main sale is per quantity of the ethereal being sold. The first round of main sales will have 25% of the bonus after the 11.200 ETH has been contributed in the 20 days of the main sales. the second round will have 15% of the bonus, after the ETH that is sold reach about 33.070 ETH in the next 20 days.

To sum it up, here are the basic information concerning the sales.

  1. The cap of the first stage of the sales will be around 6.870 ETH. The first stage of the sales has occurred as we speak and will end on the 1st of July 2018.
  2. The main sales will be conducted just after the first stage of sales and will last 60 days.
  3. There are 4 billions of token that are being distributed to several parties, where the allocation has been covered above.
  4. The range of value is ranging from 50 thousand to the lowest around 35 thousand per one ethereum.

For further information, you can reach these following sites.

http://t.me/Wearethevivanetwork

https://bitcointalk.org/index.php?topic=3430485.0