There are basic problems in almost every aspect of standard living, and the banking sector cannot be left out, which led to the idea of having a digital currency which has brought to us Bitcoin and also digital payments currency opportunities. Keeping into account that banks are the major source of debt across different sectors (Home, office, e.t.c), borrowing from banks is not easy and it is not a quick process. Coupled with facts that weeks ago a certain bank in England refused its user a huge clear out from their account, it only highlights why digital currency will take over. In a bid to overcome the high charges by banks depending on how much you deposit, and that there are always problems with transfering money online with mobile apps, i introduce to us a blockchain platform in The VIAZ Platform, which is the First major decentralized peer to peer funding platform on Tezos.
What is VIAZ?
VIAZ is a decentralized platform for the introduction of prospective lenders to prospective borrowers, connect its users, and act as a conduit between the crypto sphere and fiat currency. The VIAZ Platform’s aim is to improve upon, and provide a multitude of utility and functionality under one platform, by creating an equal and transparent environment for everyone, thereby stopping banking insecurities. And on the VIAZ Platform, platform users will use their crypto currency as collateral to borrow fiat currency; when a loan is posted, a VIAZ Smart Contract is created by the VIAZ Platform and recorded in the Tezos blockchain ledger.
VIAZ is built on top of Tezos, and will provide the following collateralized lending options:
Crypto-backed loans – initially VIAZ will focus on crypto-backed loans, allowing borrowers to stake their crypto as collateral and receive a fiat loan (from one of our lenders).
Home-backed loans – we will be working toward providing a solution where users can purchase homes using VIAZ, with titles being managed on-chain. The home therefore becomes the collateral.
Unsecured loans – finally, we aim to provide regulated unsecured loans.
Why VIAZ?
It has to be Viaz platform because it offers wide range of benefits such as:
It is a transparent platform built on blockchain Tezos and it provides a safe and secure environment for users.
It allows savings how? Because you don't have to pay tax on borrowed money.
It is risk free due to its centralization. It also has a working app prototype.
You have the opportunity to sell tokens through the VIAZ Platform because the platform allows token holders to create sell offers, and you can sell at desired price.
And the sole purpose at least is to enable platform users to get, loans, give loans and exchange monetary forms all through a worldwide system on a single platform.
The mobile application is in progress and it would be for both Android and Apple users, with monthly airdrops and a year token lock, VIAZ is offering a very fantastic ecosystem.
TOKEN ECONOMICS
TOKEN NAME: VIAZ
TICKER: VIAZ
PRICE: $0.0652c
NETWORK: TEZOS COMPLIANT
TYPE: UTILITY TOKEN
TOTAL SUPPLY: 1.5 BILLION VIAZ
SOFT CAP: $5,000,000
HARD CAP: $30,000,000
KYC: MANDATORY
ACCEPTED CRYPTOCURRENCY: BITCOIN, TEZOS & ETHEREUM
TOKEN DISTRIBUTION
FOUNDERS: 5%
BOUNTY/MARKETING: 5%
TEAM: 15%
PRIVATE SALE: 15%
EARLY CONTRIBUTORS: 25%
PUBLIC SALE: 35%
FUNDS DISTRIBUTION
MISCELLANEOUS EXPENSES
LEGAL EXPENSES
MARKETING/GLOBAL EXPANSION
EMPLOYMENT
INFRASTRUCTURE DEVELOPMENT
SOFTWARE DEVELOPMENT
BUSINESS DEVELOPMENT
Conclusion: This strategy and mode of loan operations being suggested by the VIAZ team cannot be compared to others; By the time the main net launches (which will be after the launch of its beta net) you would understand the depths of VIAZ PLATFORM.
Get more information from the vital links below:
Important Links/ Documents
🔰 Official website : https://viaz.io/
🔰 Twitter : https://twitter.com/ViazOfficial
🔰 Facebook: https://www.facebook.com/viazofficial
🔰 Whitepaper: https://viaz.io/documents/Viaz-Whitepaper_EN.pdf
🔰 Yellowpaper: https://viaz.io/documents/Viaz-Yellowpaper.pdf
🔰 Medium: https://medium.com/@ViazOfficial
🔰 Reddit: https://www.reddit.com/user/ViazOfficial
🔰 Youtube: https://www.youtube.com/channel/UC0T2NqXgg8Tki9s0Osi2E3w
Bounty0x User-name: oluwani