WHAT IS VIVA ?
The Viva Network is a decentralized ecosystem that connects mortgage borrowers with global investors within a borderless, blockchain-secured cloud platform. Viva’s innovative technology uses Ethereum smart contracts to underwrite and securitize private home loans into Fractionalized Mortgage Shares (FMS) which can easily be bought and sold on the Viva FMS Exchange (a Secondary Market Exchange) application. Using Fractionalized Mortgage Shares, The Viva Network allows investors to crowdfund mortgages of home buyers from anywhere in the world, making the process quicker and easier for homebuyers. With the ability to efficiently access the free market, both parties will now be able to capitalize on international interest rate arbitrage and obtain lower interest rate mortgages and higher returns on investments. This will all take place seamlessly on the Viva Platform, an application providing access to exclusive, innovative and first-to-market network applications designed to improve and revolutionize the mortgage financing process.
The Viva platform will consist of applications that will be continually evolving, improving and updating to cater to end user’s needs and preferences over time. In addition to the proprietary mortgage financing system, the platform will include applications that provide artificially intelligent capabilities like the Real Value 2.0 Home Valuation App, and other applications that improve upon fundamental aspects of the borrowing/lending process. These range from decentralized property appraisal software, credit risk assessment systems, and macro-data analytical tools. The Viva Platform will run on an elastic cloud platform providing big data processing capabilities, resilience, and scalability
What value does Viva Network provide?
Viva Network enables the free market to determine the rate of interest on a borrower’s mortgage and removes the need for banks and other financial intermediaries. A massive $31Trillion global industry, the mortgage industry is outdated and ripe for a disruption. By eliminating inefficiencies in local financial systems, mortgage rates will more fairly and accurately reflect the level of risk associated with the asset’s true value.
What is the Viva (VIVA Token) ICO?
The current round is the private contribution round in which contributors get a 40% bonus on tokens when they invest. The round has a cap of 25,000,000 Viva/500 ETH. The exchange rate right now is 50,000 VIVA to one Ether. There are significantly more details on the token generation on the company website.Also, anyone who is looking to invest may want to take a look at the roadmap placed on the company website. It has a full list of the vision and goal of the company and how they plan on achieving it. Bby keeping track of their progress in relation to their predictions, you can more accurately gauge how on point and effective the team behind the company is.
Viva team
There is a big team on the platform of fourteen individuals from various spaces related to the platform’s needs. All of them have verified LinkedIn profiles where you can learn more about the individual in question. There isn’t much information on the website for each person, but the LinkedIn profile links are enough for me in most aspects.
If you intersted in VIVA NETWORK here is some usefull links
Links:
Website: http://www.vivanetwork.org/
WhitePaper: http://www.vivanetwork.org/pdf/whitepaper.pdf
Telegram: https://t.me/Wearethevivanetwork
Facebook: https://www.facebook.com/VivaNetworkOfficial/
Twitter: https://twitter.com/TheVivaNetwork
Medium: https://medium.com/@VivaNetwork
ANN: https://bitcointalk.org/index.php?topic=3602784.0
Author: Hirusha Perera