Viva Network

VIVA ICO


The conditions of the crisis force people to change their habitual conditions of life. Recall only 2008, when non-payment of wages and a significant reduction in jobs led to some changes in the psyche of the population. People began to understand and better understand the structural mechanisms that lead to the largest market in the world.However, even the realization of some levers did not bring peace to the peaceful population, and any deviation in the world economy entails certain consequences.

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Viva introduces large-scale decentralized mortgage financing to our world.The platform intends to use the technology of smart contracts for the provision of home loans crowundding, linking borrowers and investors within this ecosystem. Using highly reliable transactions on the blockroom, Viva masterfully eliminates intermediaries, as a result of which the lending process becomes more profitable and effective for interested parties.

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Principle of operation

The initial application includes the provision of full application documents and assistance to applicants for a mortgage in the filing process. At this stage, the applicant is only required to provide standard accompanying documentation regarding his level of income, debts and assets.

Viva's professional service will conduct an internal audit in order to identify confidence in the value of the asset, which will help to facilitate communication between the buyer and the seller of housing in order to identify potential problems with the home structure or surrounding property prematurely. 
Further, the inspector assigned for the house will prepare a detailed report on the physical condition of the property and provide an expert opinion on the value proposed by the applicant.

Conditional approval includes the receipt of the initial approval from Viva Hub on the basis of the documentation provided. Any additional information required from this stage for final approval that can be added will be checked through hashes in the blockroom.
In order to obtain mortgage loans, Viva Hub professionals will conduct an independent evaluation in order to ascertain the cost of the acquired house and its compliance or exceeding the specified cost. The costs for this process will be borne by the borrower, which will display all the movement of funds to close the case.

Watch the video below:
Viva 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, Viva 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.

ICO Details

Pre-sale start: May 29, 2018 
Symbol : VIVA 
Type : ERC 20 
Total number of tokens : 3,000,000,000 
Hard cap : 6,870 ETH (Advance sale); 
68,770 (the main sale, which will last 60 days).


Distribution of funds




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Distribution of tokens



75% Distribution The
maximum number of tokens that will circulate among participants at the time of the completion of TGE is 3 billion. This circulating source of VIVA will not be represented and can be indicated on regular exchange of crypto currency after TGE.

10% Reserve funds
The total number of tokens that will be distributed according to the functions of the reserve fund will be 400 million. These tokens are stored in reserve and used to provide and facilitate various functional applications of the Viva network, including: a backup pool for the Real Value 2.0 Home Valuation Application, FIAT / CRYPTO facilitator software, and other backup requirements.

7.5% Development team The
total number of tokens that are saved by members of the Viva Network team, which will be transferred within 1 year from the Token Generation event, will be 300 million.
3.75% Advisors Team The
total number of tokens that will be allocated to consultants is 150 million tokens. These tokens will be unavailable within 3 months of the completion of the TGE.
3.75% Marketing, Bounty and Private Deposit Distribution
The total number of tokens that will be saved for marketing operations, private contributions and a grant program will be 150 million. These tokens will be frozen until the completion of the token creation event and the completion of the Bounty program.

Road Map


May 2016 The
concept of Viva's decentralized platform originated and its primary development.June 2017Further study of the principle of the operation of modern blocking technology for its subsequent use.July 2017Purposeful, service-oriented architectural planning of the Viva platform.August 2017Consecutive market research services.November 2017The algorithm for estimating the real cost of the application 1.0 Home is developed.Q1-Q2 2018Launches the creation of tokens and the development of MVP. Conduct a large-scale marketing campaign.Q3 2018Development of Real Value 2.0 application. Obtaining legally certified licenses and other documents.Q4 2018First launch of the Real Value 2.0 application. Completion of the ML algorithm.Q1 2019Gradual and sure launch of Viva's decentralized platform.Q2 2019Conducting the first mortgage on the platform and its further actions.

TEAM

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Author : Marufmaulana
My Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2296608
ETH Address : 0x02b022279DF70F991F1D6e7E0a7a8faa37287DA1

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