VIVA

Solving Mortgaging Issue With VIVA

Solving Mortgaging Issue With VIVA

Housing or property industry is one of the leading sectors of the business in the world. It contributes around 31 trillion dollars per year and thus affecting the world’s economy and its components. The most vital housing industry elements are the capacity of the industry to sell the house to every component of the society. This is one of the biggest ironies since the main focus of the success rate is to increase the sale, whereas the capacity of the people to purchase the house is steadily declining due to the increase of the price of the market. Nowadays, even the smallest and cheapest houses are still expensive and still out of the reach of every middle-class man. The people are having several problems as follow.

  1. Mortgage procedure issue

The main critical issue of the buyer is the mortgage procedures that is very complicated and hindering more house to be sold and leave billion people homeless. The mortgage is the process of gaining the house via loans, and this is the only viable solution if you are the middle-class man and facing the Down Payment worth thousand dollars. You just cannot pay it directly in a single payment, and thus mortgaging is the only way that could effectively solve your financial issue in order to obtain the house that you want.

  1. Down Payment issue

The Down Payment or the DP is the second most important thing, and that can be said as the DP are the sole factors that hindering every potential buyer to purchase a new house. the DP usually comes with 30 or 20% prices of the whole house prices. That is actually still very expensive and simply out of reach by the single payment method. The most effective way to solve this issue is to have the loan. And this is where things get more and more complicated, which leads us to the next issue of the housing industries.

  1. Loan issue

Having or taking a loan is actually the ever practical solution for the middle-class man to obtain the house. the loan is usually provided by the banking institution or the third party such as the loan provider, person to person loan and so forth. But there is one impending problem concerning the loan, which is the extremely centralized nature of global banking. The global banking is a  series of a very complex and deep monetary system which will have disrupt everything in the chain if one sector is damaged. The gravity of such a disruption could be very catastrophic and leads to the failing of global economics. Such occurrence has occurred in 2008 where the mortgage and housing industries are failing and thus destroying the global economic recess that is very destructive in nature.

Based on several issues that have been mentioned above, then we need a very fast and precise solution where we can have a house with a very simple mortgage process, low DP and also decentralized.

For any further information concerning the housing industries background, you can visit one if the link below:

http://www.vivanetwork.org/

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

Introducing The Viva Network: A Simple Solution

The rise of the digital age is bringing more and more fundamental changes in every aspect. The way we are doing business, communicate, and information sharing has been simplified to the point of the instantaneous form of communication across the globe via the internet. But it is not just the communication methods that have been revolutionized by the internet, but also the business forms has been impacted and now undergoing very fast fundamental changes within. One of the most influential impacts is the trend of decentralizing the business forms, and digitalization of the business sectors that happen all across the globe. The birth of the startup or the internet based business is on the rise, and thus VIVA emerges.

VIVA, to put it simply is a power to be reckoned with, in the term of the housing industries. It visions, just like any other contemporary business is to disrupt the existing business forms so that this new form of the business could become the new mainstream and thus replacing the obsolete kind of business that is now exist. The VIVA is the solution for those who are in need of the house but yet hindered by the complexity of its process and procedures. There are several reasons why we need to employ the VIVA services to obtain the house that we love.

  1. Decentralized system

As we have stated above, a centralized monetary system will be prone to every kind of damage such the financial instability, global economic collapse, and so forth. Therefore the platform is implementing the decentralized business system where this system is not connected fundamentally to the global business schematic making this business is stronger and more independent towards the global market system.

  1. Reducing the cost and time to undergo the mortgage and loan procedures

Obtaining loan and mortgage is very difficult these days, due to the nature of skepticism of the housing market. This is worsened by the complexity of the procedures that need to be undergone by the applicants, making the process is tedious and time-consuming. So far, there is no kind of any practical alternatives to having a huge amount of loan except in the bank or any intermediaries. VIVA is based on crowdfunding, which the crowd will happily provide the funds since the money that they send to a platform is comes in the form of investment that will benefit them.

  1. Providing the expert housing consultant

Why is it even matter? Why do we even need the housing consultant? here is the problem. For the beginner, the house is a very complicated matter to purchase since there is the myriad consideration that needs to be processed. This could lead to a wrong investment, in the form of purchasing a house that is out of your financial league, or any other issue. The expert team that exists in the team will help you to enlighten the financial situation that you are in, and thus helping you to pick a house that is affordable an viable for your financial capacity.

  1. Investing money

Investment is crucial these days since investment is the prospective long-term savings that could save your future. The crowdfunding in this platform system also comes in the term of the investment. This means that the crowdfunding is not just benefiting the applicants that are proposing the loan but also benefitting the crowd as well. This is actually a win-win solution where you can happily provide the fund that is needed for the applicant, and thus you are gaining the investment rate that will follow the market share. And as the member of the platform, you can also have the right to propose the application for the loan if you need it.

Learn More About Viva:

 

How the Platform Works

The platform’s website is giving you the comprehensive detail concerning the procedures that you are needed to complete before gaining the approval of the loan. Here is the quick glimpse of the procedures in the VIVA platform.

  1. Fulfill the documents requirement

The first basic requirement of the procedures of the platform is the documents. The basic documents that are needed for the process are the debt information and the income statement that is owned. You also will need the ID certificate and any other kind of document that is supporting the main document. Be advised that the document that only will be accepted as the valid and solid document is the real document that already passed the verification.

  1. The first approval

The first approval is the process after approving the document that has been sent by the applicants of the platform. This is not the whole approval, meaning that at this point, you can still fail to get the approval since there is the second approval or the final approval to conclude whether or not the applicants are able to gain the approval. The first approval is the sign that your document has been verified to be true and worth to continue on the process.

  1. Expert and house seller interviews

After you have already passed the first approval, there is the interview session in which you will be interviewed by the expert team of the platform concerning your financial capacity and the ability for you to pay the loan. After the interview with the expert, then you will be interviewed by the house seller. This session is aimed to share the information concerning the house minor and major problems, and also the miscellaneous treatment that needed to be done to the house such the reparation, improvement and etc. this is crucial since you need to know all kind of the information concerning the house.

  1. Second approval

After the interview session, the team and the platform will conclude the second approval, in which the applicant whether he passed the process or not. If the applicants have already passed the session, then they are positively gained the loan that is needed for them to purchase the house. After this session, the crowdfunding will then started and thus the applicant will start receiving money they need to pay the DP or the loan.

The crowdfunding will use the FMS or fractionalized mortgage share. The FMS is the way that the loan will be fractionalized and paid by the crowd. The FMS is actually the investment share that comes in the form of the fund that is distributed in the platform. The FMS is the quota that is needed to be fulfilled in order for the entire applicant to pay the loan of the house. The accumulated money will then be transferred to all the applicants and the crowd in the term of the investment rate so that the crowd will have the benefit of investing their money in the platform.

Learn More How Viva Works:

For any further information you can access the links below:

http://www.vivanetwork.org/

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

Twitter.com/thevivanetwork


The Sales of Token

As just any kind of the blockchain system that has the token, the VIVA network also has the token called the VIVA token or called the token to be simple. The token is mostly used by the member of the platform to conduct any kind of transaction that is occurred within the system. There are several transactions such as the application process and so forth to that is using the token and no other currencies.  But unfortunately there are no existing vendors or the merchant that is receiving the token for now, but the platform does promises to inform the member of the platform if there is an advancement or the changes in the future.

And as for the sales, the token is primarily gained by two kinds of sales, they are the first stage that consist of three rounds, and the main sale that is also consist of three rounds as well. There is also the private and individual contribution that is also allowed and accepted in the system, but they are excluded in the TGE or the token generation event and thus not explained here. Here is the further explanation regarding the sale.

  1. First stage

The first stage is the best way of acquiring the big bonus, as the bonus is ranging from the 40% worth per token to the 30% bonus per token. The nominal of the token is around 50 thousand per ethereum and that nominal is decreasing as the bonus is declining per 10 days. Unfortunately, the early sale is about to elapse, which will be in the 1st July 2018.

  1. The main stage

The main stage is where the most token is being generated. There are estimated around 3 billion tokens is being distributed via main sale event. The main sale is also comprised of 3 rounds by the bonus started from the 25% to 0% bonus every 20 days. the main sale will be conducted for about 60 days.

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

https://t.me/wearethevivanetwork

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

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