About Homelend(HMD)

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that problem does Homelend solve? (or: what human need does it satisfy?) and how exactly does it do so?

The company target from the beginning was to focus on the company's founders generation need (Y generation) and that is why the product was designed to enable people to help other people (p2p) to achieve one of the most basic need for a young couple which is to be able to own an home. We wanted to create a mission-driven business because we felt we are living in a period which create a housing crises for the young generation. Our main goals are:

1. Modernize the mortgage lending system that’s definitely in need of an update

2. Expand opportunities for a new generation of borrowers that have either been denied access to financing or find the entire system too complicated

How is the idea monetized? How do the token holders profit?

All the activation of Homelend platform is done using the HMD token which will be sold only through an initial coin offering for early adopters and supporters. Access to the mortgage loan crowdfunding platform will be enabled through Homelend tokens (HMD). If the mortgage loan is successfully closed, the borrower will deposit a number of HMD tokens with a value equal to 1% of the approved mortgage loan.The use of a native token, in this case the HMD token, standardizes the access to services provided through the platform, regardless of the cryptocurrency in which the loan is extended or the country where it takes place. It also hedges the Homelend platform against volatility from cryptocurrencies.

Team

Homelend's team members.

Itai Cohen

Itai Cohen

CO founder & CEO

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Netanel Bitan

Netanel Bitan

CO fonder & CTO

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Ricardo Henriquez

Ricardo Henriquez

Chief Innovation Officer

Linkedin
Amir Nahmias

Amir Nahmias

Chief Business Officer

Linkedin
Michael Tanfilov

Michael Tanfilov

Strategic Planning Director

Linkedin
Kanat Tulbassiyev

Kanat Tulbassiyev

BLOCKCHAIN DIRECTOR

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Vinod Morkile

Vinod Morkile

Blockchain Developer

Linkedin
Sol Alvarado Quijano

Sol Alvarado Quijano

Graphic Designer / Community Assistant

Linkedin
Eliran Madar

Eliran Madar

Business Development & Investors Relationship

Linkedin

Roadmap


 
2016 The Homelend founders launch the project with the incorporation of a new company
2017 The founders bootstrap the project with $1 million USD in contributions
2017 The founders bootstrap the project with $1 million USD in contributions
2017 A team of experts in technology and finance join the company. Design of the platform's concept and architecture begins
2017 A first MVP is completed, based on client-server infrastructure
2017 A second MVP is released, based on distributed ledger technology
2018 DMC Homelend AG is incorporated in Zug, Switzerland (aka 'Crypto Valley') Business and technical whitepapers are completed Token Generation Event (TGE) pre-sale phase begins
2018 TGE Public crowdfunding will be conducted and completed Additional technology and finance experts will join the company
2018 Homelend's beta version will be completed and the token's basic functionalities will be operational for early adopters, under the pure crowdfunding lending mechanism
2018 Development of beta versions for pooling and auction lending mechanisms will begin
2019 Homelend's platform 1.0 version will be tested on the testnet-feedback with Quality assurance (QA) team
2019 Development of smart agent for investment abilities in Homelend's platform will begin
2019 Homelend's platform will expand to new markets
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Quick notes

Tokenomics

Token Info

Available tokens: 64% Price: 1ETH = 2300 Soft Cap: 7000 ETH Hard Cap: 42000ETH Buy with: BTC, ETH, USD, LTC Platform: Ethereum Location: SWITZERLAND, ISRAEL

Other Info

MVP/Prototype: Yes Escrow: No Category: Financial Services

User ratings

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that problem does Homelend solve? (or: what human need does it satisfy?) and how exactly does it do so?

The company target from the beginning was to focus on the company's founders generation need (Y generation) and that is why the product was designed to enable people to help other people (p2p) to achieve one of the most basic need for a young couple which is to be able to own an home. We wanted to create a mission-driven business because we felt we are living in a period which create a housing crises for the young generation. Our main goals are:

1. Modernize the mortgage lending system that’s definitely in need of an update

2. Expand opportunities for a new generation of borrowers that have either been denied access to financing or find the entire system too complicated

How is the idea monetized? How do the token holders profit?

All the activation of Homelend platform is done using the HMD token which will be sold only through an initial coin offering for early adopters and supporters. Access to the mortgage loan crowdfunding platform will be enabled through Homelend tokens (HMD). If the mortgage loan is successfully closed, the borrower will deposit a number of HMD tokens with a value equal to 1% of the approved mortgage loan.The use of a native token, in this case the HMD token, standardizes the access to services provided through the platform, regardless of the cryptocurrency in which the loan is extended or the country where it takes place. It also hedges the Homelend platform against volatility from cryptocurrencies.

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Questions & Answers

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Q: How much we will buy the tokens sale ?

 

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Q: How much we will buy the tokens sale ?

 

A: Curabitur tincidunt vulputate tortor, in varius quam congue ut. Sed elit turpis, pulvinar ut viverra in, auctor vitae lorem.

ICO Champs investors rating

Overall Rating

 
4

Hype

Medium+

Profit Potential

High

Risk

Minimized