Thursday, June 4, 2020

WHAT IS Homt TOKEN?

WHAT IS Homt TOKEN? 


HOMT, A PROJECT OF HOMT LTD. IS THE WORLD’S FIRST-EVER PLATFORM THAT STRIVES TO DEMOCRATIZE THE ACCESS TO AND OWNERSHIP OF STUDENT DEDICATED PROPERTIES.

It aims to create a dedicated marketplace whereby properties will be available on rent for students across the globe with a few clicks in the most cost-efficient manner. Properties are rented out to students on the most affordable terms making their study life convenient and without much load through long term lease.

Students are the future of tomorrow, HOMT team is constantly working hard to improve students living by making the living environment peaceful and cost-efficient.

One platform to help students find their home in few clicks
Contribute towards cost efficient living for students
Numerous additional utility services work on the point-based system for loyal token holders
Transparency in every transaction
World’s first ERC20 Token in the real-estate industry.

THE FUTURE OF REAL-ESTATE INVESTMENT
The HOMT Marketplace is a central place for the students to locate their convenient students’ rental accommodation from the properties listed by the third-party owners and the properties acquired by HOMT Ltd. and the token holders would be eligible to host of additional utility services of various 3rd party merchant points.

Vision
We envision to democratize the ownership and access to real-estate property assets of the company by utilizing the power of blockchain, cryptography, smart contracts, and tokenization. We aim to create an ecosystem whereby we make it easy for individuals—whether students, common man or HNIs— to invest in HOM Token to acquire properties for HOMT Ltd. – The company while also taking care of transparency, auditability, Living standards and liquidity.

Mission
We aim to create an ecosystem whereby everyone—whether individuals students with lower investment capital, high-net-worth individuals, or venture capital organizations can invest in HOM Token to acquire students rental properties by HOMT Ltd. while also taking care of transparency auditability and liquidity.

FEATURES OF HOM TOKEN
Asset Creation
Unlike traditional tokens and cryptocurrencies, which act either as a payment method or utility tokens only, HOM Token becomes instrumental in property acquisitions for and of the company.

Data Transparency
All transaction activities happening within the HOMT Ecosystem are deployed on a transparent blockchain network, ensuring transparency, auditability, and trust.

Trusted and Regulated
HOMT is regulated by regional and global financial authorities, and its parent company HOMT Ltd., is a leading property acquisition, development, and distribution company with a focus on international asset management.

Inclusive of all
Unlike the traditional venture capital industry, where the entry for a person with low investment is almost impossible, or the traditional real-estate market, HOMT through tokenization of commodities and its business models offers lower investment minimums.

Utility Services
All token holders are eligible to receive by way of points allocation host of other utility services which they can avail from our various third party merchant points on holding their tokens. All the transactions from the underlying business activities are monitored & audited by third party evaluators & auditors, ensuring that complete transparency is maintained at all levels

Liquidity and Accessibility
HOMT enables a seamless exchange of the underlying real-estate assets and transfer of value. It provides users with the opportunity to liquidate, access quickly, and exchange through HOM Token, which is exchangeable in a crypto trading exchange and can also be used for peer to peer exchange of value

DISTRIBUTION OF TOKENS
0.5% Seed investors
48% Main Sale Event
3% Bounty & Promotions
10% Founding Team & Management
5% Legal
33.50% Reserve

TOKENOMICS
70% Property Ownership
7% Development & Marketplace
3% Marketing Expenses
10% Founding Team & Management
5% Administrative Charges
5% Legal

ROADMAP
February 2019 > Brainstorming and Idea Generation
June 2019 > Initial Research
November 2019 > Initial Capital Raise
March 2020 > HOM Token Website
May 2020 > Fund Raising Process
June 2020 > Development of Student’s Rental Portal
July 2020 > Development of Mobile App of Students Rental Portal
December 2020 > Identification & Acquisition of Property
March 2021 > Business Plan Execution
June 2021 > Yield Generation

TEAM
Ivy Samboh > PR MANAGER & ADVISOR
Carstoiu Cosmin > LEGAL ADVISOR
Fatih Atalı > MARKETING & COMMUNITY
Michael J. Fiedler > CHIEF OPERATING OFFICER
CHRISTOF WATON > ADVISOR
Manish Rach > CO-FOUNDER
Saurabh Patil > CHIEF EXECUTIVE OFFICER

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