It all started in 2016 when the Homelend founders launched their project with the incorporation of a new company. The founders bootstraped the project with $1 million USD in contributions. And a team of experts joined the company. Since then all is flowing! (See more: https://homelend.io/)

Homelend is at the moment fully busy in promoting its HMD token; Homelend is also creating a bounty program for others to easily receive free HMD Tokens by joining and participating in the campaign.

What is Homelend?

Homelend is an Israeli startup that uses the power of Blockchain technology to disrupt the $ 31 trillion global mortgage industry. Our company is developing a P2P lending platform for mortgage loans, under a crowdfunding mechanism that will enable individuals to fund/invest in mortgage loans, using smart contracts and fully automated Blockchain protocols. In the next months, we will launch an ICO which shall be conducted from Zug, Switzerland (a.k.a. Crypto-Valley), under the highest standards of security and trust.

What Problems Does Homelend Seek to Solve?

Applying for a mortgage in the traditional way is a complex endeavor. At the same time, with shelter being such an important element to humankind and survival, the increasing complications in the approval of a mortgage acquisition are quite ironical. Acquiring one’s own home through a mortgage loan involves a legal agreement by which a bank lends money at interest, and guarantees the loan with a lien over the purchased property (mortgage). This lien is present until the total payment of the debt.

Implementing the above system requires many processes that determine the security of the loans involved. Therefore, a lot of paperwork comes into play, involving a network of several different actors and platforms. These practices all boil down to gathering provable information about the parties involved, most especially the borrower and all connected intermediaries. Hence, a lot of investigation and data analyses are usually involved, claiming significant duration of time and other resources, as the case may be.

The Wall Street Journal is declaring a new housing crisis: a shortage of homes and loans for first-time buyers. Homelend can address half of this problem, and it’s essential that they do.

How does Homelend work?

Homelend is developing a Decentralized, Peer-To-Peer Mortgage Lending Platform to modernize the age-old mortgage lending system in order to make it efficient, cost-effective and customercentric, and also to expand home ownership opportunities for a new generation of borrowers, meeting their distinct lifestyle and needs.

By leveraging distributed ledger technology (DLT) and smart contracts, Homelend brings together individual borrowers and lenders on an end-to-end platform that streamlines and automates the entire mortgage origination process.

HMD token

HMD tokens will be used for purchasing services and paying fees within the Homelend platform. This token is based on the ERC-20 Ethereum standard. DMC Homelend AG was incorporated in Zug, Switzerland, aka ‘Crypto Valley’. The Initial Coin Offering (ICO) will be conducted based on the guidelines and publication of the Swiss regulators.

Homelend’s ICO pre-sale is on the go!

Token Symbol: HMD

Pre-ICO Start Date: March 1, 2018

Pre-ICO Conversion: 1 ETH = 1600 HMD

Hard Cap: $30 million USD

Total Supply: 250 million HMD tokens

Supply Distribution

36% Crowdsale

20% To the team, early buyers and project advisors.

8% Advisor+Bounty rewards

8% Founders

Looking forward to seeing you join us in one of the hottest ICO’s of 2018!

Join now!

Telegram: https://t.me/HomelendPlatform

Twitter: https://twitter.com/HomelendHMD

Facebook: https://www.facebook.com/HMDHomelend/

Reddit: https://www.reddit.com/r/Homelend/