Problems
Real estate transactions are one of the riskiest and blockchain technology can reduce the risk of fraud to zero. Transaction records cannot be destroyed or forged, so all parties to the contract are protected. At the same time, you don't have to spend money on attorney services and filling out lots of documents.
The gap between supply and demand in the student housing market is constantly growing. Currently, two-thirds of undergraduates cannot find a suitable room to live alone without receiving help from universities. Student dissatisfied with the proposed housing conditions, dissatisfied with help from educational institutions in finding housing, or completely lacking such assistance. It took them months to find an apartment and pay high rents in the long run until they found the right option. This is a waste of student time and a financial cost for parents.
More than 5.3 million seniors in 2017 decided to study in another country and moved there during their studies, in 2000 no more than 2 million people. In 2017, 40% of high school graduates worldwide went to the US, UK, Canada and Australia. By 2023, the number of foreign students is expected to increase to 6.4 million.
Smart Contract technology eliminates intermediaries between sellers and buyers. Blockchain makes it easy to verify real estate processes and transactions. HOMT LTD PLATFORM is a decentralized platform where all transactions are controlled by a community of participants. Dispute resolution is also done by Smart Contract. HOMT LTD will help to eliminate a number of problems associated with overseas real estate leasing.
Advantages of HOMT
With the difference between the final rent at the conclusion of the contract and the originally agreed payments. In the HOMT LTD PLATFORM app, students can easily find homes for rent at transparent prices, with no hidden fees, and to choose from necessary utilities.
Students looking for and renting a room in a convenient location are an extremely busy process. At HOMT LTD PLATFORM, students have online access to the consolidated housing market, and room rental becomes a simple matter without the involvement of any middlemen.
When students want to rent a room alone and do not want to co-own a room with many people, this can become extremely difficult. Dividing assets into owned parts is difficult to control and expensive, and hard to build trust among strangers. HOMT will solve these problems using blockchain technology and transparent smart contracts system. All money movements are registered online and can be monitored by interested parties. HOMT LTD takes on this role by expanding the exchange opportunities between the parties. HOMT LTD improves these indicators and empowers common investors to make a profit when trading HOMT tokens.
To use blockchain technology and the system of smart contracts HOMT LTD has released their utility token, HOMT Token.
HOMT Token
Students will receive a discount on rental housing when paying with digital HOMT money will support and increase the value of this cryptocurrency. For example, a student buys HOMT tokens with a 20% discount, that is, instead of 1 euro, he will pay 80 cents.
This token will be accepted for payment for the rent of the apartment of 1 euro. And also, when calculating with HOMT tokens, he gets a 10% discount. All coin holders enjoy this discount. But such a computational model and the exact real value of the HOMT token will depend on the state of the market after the ICO.
HOMT LTD invites investors and financial professionals to invest in rental housing for student token holders. With the help of blockchain, physical assets will be "encrypted" into digital currencies that anyone can own, anywhere on the planet. With these tokens, students can pay rental fees.
The tokenization of student real estate will take place in a number of stages. Initially, investors participated in the project by buying HOMT tokens. Some bonuses and discounts are offered to early adopters. If you do not collect the required amount to get started, all money will be returned.
During the fundraising process, HOMT digital tokens, created on an ERC 20 basis, will be distributed to community members. The company uses the Ethereum blockchain for the collection process. The cost of 1 token is $ 0.25. After the end of the fundraising, token holders will be able to sell them and make a profit or use them to pay for the services of HOMT LTD partner companies.
Token details
Roadmap
Team
Conclusion
Once the terms of the ICO offer are fulfilled, the real estate acquisition takes place outside of the blockchain. The accumulated amount will be transferred to the account and converted to the euro or other local currency of the country where the property will be purchased. For this, a separate account will be opened with a local bank (reserve fund account).
HOMT owners such as: students, real estate owners, organizations, traders and investors, etc. have a unique loyalty program as well as point-based access to utilities. . Thus, HOMT will become the leading partner in finding homes for millions of students not only in the learning process but also in the future.
Follow link
🌐 Official Website (https://homt.net/)
📑 Whitepaper (https://homt.net/Whitepaper.pdf)
📃 Presentation (https://homt.net/Executive-summary.pdf)
📧 Telegram Group (https://t.me/homtokenofficial)
🔈 Telegram Channel (https://t.me/homtoken)
🕊 Twitter (https://twitter.com/homtoken)
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📝 Medium (https://medium.com/@homtoken)
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🔗 LinkedIn (https://www.linkedin.com/company/homtoken/)
📖 Github (https://github.com/HOMToken)
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ETH: 0x7036e550c77958bcBd62946b6Ee5d68876FAacbE