Over the year’s acquisition of a comfortable accommodation, which can temporarily serve as a home for tourists and individuals alike has always been a struggle as the process is very tedious for most persons. However, this shouldn’t be the case, due to the pace at which our world is moving towards a digital era, with continuous development of great tools and technology. Therefore, it is safe to admit that the property rental system has a pressing need for a digital tool that would make the processes in this department as seamless as possible. The impact of technological tools in the medical industry cannot be overemphasized as it has helped this field to attain greater heights. The same can be achieved by the property rental system if appropriate tools are developed for it and the real estate industry at large. A tool that will enable tourists, international students, together with businessmen and other individuals, search and acquire a comfortable accommodation for themselves whenever they visit foreign countries. Moreover, certain times the acquisition of a comfortable accommodation is also very expensive as most persons find it hard to afford. What system will be able to fill the need of giving users a hassle free process for a comfortable property acquisition at an affordable cost?
INTRODUCTION TO HOMT
This is a unique platform that was created with the sole aim of aiding students and other travelers gain comfort, even when they are far from home. In essence making student property acquisition hassle free.The implementation of advanced technology (HOMT), into the field of property rental system will help in unlocking more values for all involved in this field, ranging from those who arein need of a property to lease, to individuals who are property owners and are ready to give out their properties on rent. The platform is aimed at solving the issues faced by students worldwide which are difficulty in securing an accommodation that is less expensive.
In most countries, several students end up in shared apartments and in run down condominiums which are not beneficial for a student’s academic life. HOMT will resolve these by its unique platform that will ensure quality comfort in high standards and well located flats. The rental process will be leveraged to only qualified students who can effortlessly gain access to information on available lodging from any internet ready gadgets. This will consist of checking availability, apartment’s room facilities, direct reservations and the payment explanations. These will be made available for students who leave their home country and at a very affordable rate.
HOMT is a timely platform due to the fact that most persons are very much attracted to the experience of an international education, and the platform was designed to make such an experience as seamless as possible. The HOMT ecosystem has a very simple cycle. When students or other third parties put cash into HOMT token they will be leveraged various utilities in the platform that will enable them take away some fractional burden of expenses in securing a property. Being a decentralized marketplace, HOMT at its initial stage will invite existing property owners and showcase the properties acquired with the funds raised and the financial utilities availed and offered by high street banks. At the other stage through a different interface HOMT will provide opportunity to these to buy, rent and sell non-student rental properties, making it long term for international students or third parties.
FEATURES OF HOMT
• Trusted and Regulated: HOMT is a trusted platform since it is legalized by provincial & worldwide commercial experts, its parent organization HOMT LTD is a prominent property acquisition, development & distribution organization with an attention on universal asset management.
• Utility Services: the platform users will be granted assess to points allocated, together with other utility services that are available from other third party merchant points on holding their token. Moreover, all business transactions carried out on the platform are audited by third parties and evaluators & auditors, which will guarantee absolute transparency.
• Asset Creation: apart from being a payment medium HOMT will also act as a tokenized commodity.
• Inclusive for All: most industries are very unlikely to accept low package investments for new entries especially the real estate market, but the HOMT platform will offer lower investment through its tokenization of assets and business models.
• Date Transparency:all transactionson the platform are deployed on a transparent blockchain network which will ensure transparency, immutability and trust.
• Liquidity & Accessibility: the platform empowers tokenized possession and allocation of cost which in the long run inspires a consistent trade of basic housing estate. Thereby, leveraging users with access to sell and secure convenient properties internationally.
BLOCKCHAIN IMPLEMENTATION
There is a need for purchases and investments to become much more liquid, available, easily documented & managed in the real estate industry. The blockchain technology will make all these possible by leveraging decentralization and immutable transaction ledgers, asset tokenization, owner entity and land title registries. HOMT token is based on the Ethereum ERC20 protocol, which will help for the development of turning complete smart contracts. The funding for the development of the project and the realization of the platform through which it will be possible to execute the transactions of Rental for students and acquisition of properties across the subject market, will take place by issuing token called HOME OWNERSHIP TOKENS (HOM TOKENS) through an integrated platform and verifiable public smart contracts.
WHY CHOOSE HOMT PLATFORM
For all the different users of its ecosystem HOMT will offer a one-stop application where students can easily lease properties with complete transparency and no hidden cost with an opportunity to receive many utility services. The platform will eliminate the existence of intermediaries, thereby making the process of property acquisition smooth and transparent. HOMT will dispose trust issues by inspiring trustless deeds and transparent operation through blockchain-based Smart agreements. Value based exercises and income sharing will be recorded on an auditable blockchain network. HOMT will equally empower consistent trade in other wallet and trades, which will promote its liquidity of tokens.
• Students: being the future of tomorrow, this platform and its proficient team will constantly endeavor to improve students stay byhelping these ones secure a property with just a few clicks, and making the living condition of students peaceful and less expensive.
• Investors: working with the healthy property business model of this platform will yield real appreciation in their token value as the system experiences increase in the tokenized property prices.
TOKEN DETAILS
Token Name: HOM TOKEN
Token Type: ERC20
Token Supply: 125 TOKENS
Token Distribution:
Seed Investors = 0.62M (0.50%)
Main Sale Event = 60.00M (48%)
Bounty & Promotion = 3.75M (3%)
Founding Team & Management = 12.50M (10%)
Legal = 6.25M (5%)
Reserve = 41.88M (33.5%)
CONCLUSION
With the implementation of blockchain, HOMT aims at improving the education and real estate industry by digitizing student housing property, together with offering investors the chance to invest in digital tokens that represents a tokenized Students Rental Accommodation for college student rentals. However, the digitizing of the real estate venture resolves the issue of less cash flow in the business. Users who possess digital tokens of the platform that are tokenized for undergrad’s property, will get to see firsthand how these tokens will feasibly make understudy lodging venture and asset for the first hand. Moreover, through HOMT marketplace, individuals who own properties will make their property available for student rental while students who possess the tokens on the platform will seamlessly secure accommodation with just a few clicks at a discounted rate without high cost. This program will definitely change the Rental marketplace for good, allowing low startup investment in its tokenized commodities for as low as 0.25USD while also enhancing the value of properties. This project is worth consideration.
For more information visit:
https://homt.net/
https://homt.net/whitepaper.pdf
https://t.me/homtokenofficial
https://twitter.com/homtoken
https://www.facebook.com/homtoken/
Author Information.
Bitcoin username: Cryptocome
Bitcoin profile link: https://bitcointalk.org/index.php?action=profile;u=2690033