HOMELEND

 

  • Homelend AG is a Swiss/Israeli startup that develops a Blockchain technology to disrupt USD 31 trillion global mortgage industry.

 

The company creates a decentralized platform enabling the next generation of homebuyer mortgage financing by establishing an interface for direct interaction between borrowers, lenders and other parties involved in the mortgage value chain, by doing so, it enables mortgage crowdfunding using a peer-to-peer model with the security, transparency and automation provided by DLT technology.

The company target from the beginning was to focus on the company's founders generation need (Y generation) and that way 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

The disruption that Blockchain technology could potentially bring to the mortgage industry is unprecedented. A Blockchain-based mortgage solution will drastically cut the volume of paperwork, bureaucracy, middleman and costs involved in the mortgage process and we believe our solutions could really make a different in the new world eco-system.

Homelend is currently launching an ICO for raising capital to support our project. Our offering is conducting from Zug, Switzerland (a.k.a. Crypto-Valley), under the highest standards of security and trust. The crowd sale is plan to take place on September 18 with a hard cap of $30 million. Early contributors will be able to join the presale of the HMD token, starting on March 15, 2018.

 

Technical Info

 

  • The Company token are Ethereum ERC20 standard token.


All the development of the company technology is currently done on the Ethereum Blockchain and the company already have a working prototype that managing the entire cycle of originating the mortgage using a smart contract and crowdfunding mechanism, everyone are able to take a look on it in the Github page of the company.

 

HOMELEND Roadmap
  • 2016 - The founders launch the Homelend project with the incorporation of a new company
  • 2017 - The founders bootstrap the project with 1 million USD of contribution.
  • 2017 -A team of experts in technology and finance joined 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
  • A) DMC Homelend AG is incorporated in Zug (Crypto-Valley).
    B) Business and technical whitepaper are completed.
    C) Token Generation Event (TGE) pre-sale phase begins.
  • 2018
  • A) TGE Public crowdfunding will be conducted and completed.
    B) Additional experts in technology and finance will join the company.
  • 2018 - Homelend’s platform Beta version is completed and token’s basic functionalities are operational for early adopters, under the pure crowdfunding lending mechanism.
  • 2018 - Development of Beta versions for pooling and auction lending mechanisms.
  • 2019 - Homelend’s platform 1.0 version to be tested on the testnet and go to air
  • 2019 - Development of additional functionalities to Homelend’s platform.
  • 2019 - Expansion of Homelend’s platform to new markets.
 
Token Details
 
Ticker
HMD
 
Additional Details
 
Platform
Ethereum
 
KYC
Yes
 
Company Details
 
Registered Country
Switzerland