THE FUTURE OF REAL ESTATE LIES WITH HOM TOKENIZATION
HOMT Ltd. is a real estate firm that aims to create a marketplace so that properties will be rented out to students around the world. These properties will be rented out at an affordable rate and in premium regions, making studies and life easier for them.
HOMT Ltd uses Blockchain technology to manage transactions on its interface. They generate HOM Tokens issued to students and property investors, that give them some benefits. Using the Blockchain technology helps to digitalize the HOMT activities. It keeps records of transactions and payments made by HOMT clients. Students who use the HOM Token are eligible for a 10% discount. It encourages transparency during transactions and reduces the probability of fraud. It also helps students save the cost of paying agents or intermediaries to help them search for a property to rent. And lastly, the Blockchain technology is in a decentralized system, it is not controlled by any third-party organization like the government.
HOMT Ltd. properties are located in Europe, North America, and America. International students are also encouraged to join their platforms as the same benefits also apply to them.
ADVANTAGES OF BEING A TOKEN HOLDER
HOM Token appreciates if the property market appreciates too
Token holders can redeem their various utility services through digital points that are connected to the system for token holding investment.
Investors can gain some benefits by supporting a single property. These benefits are accrued from a few thousand units after some growth period.
The token holder does not hold any equity in the organization, no rights to dividends, no ownership entitlements, therefore, has no risks in the property
The token holder is not liable to any financing cost or any expenses related to the property.
These privileges are only restricted to the sum paid for the token.
HOW DOES HOMT ….WORK?
STEP 1: The investors participate in the project by purchasing HOM Tokens. There are offers and discounts attached to it especially for first investors.
STEP 2: The initial amount needed to begin the project is 1 million USD. HOMT LTD is registered under the Organization for Economic Co-operation and Development (OECD) guideline. The guideline is responsible for auditing and checking that HOMT Ltd is going by the EU bookkeeping standard. Also, HOMT Ltd. makes refunds if there is a failure in developing their projects.
STEP 3: 75% of funds from public support will be used to acquire the properties with a focus on financial income. Investors have visual confirmation of the activities through the Blockchain.
STEP 4: Rentals will begin 7months, from the ending of the fundraising. And incomes will be generated from the first rental.
STEP 5: The company will use the Ethereum phase to help allocate funds for public support. The fundraising process and will move towards releasing tokens to some important decentralized transactions.
ACQUIRING THE PHYSICAL PROPERTY
After paying for the property, acquiring it will happen off the Ethereum network/physically. The amount will be put into an account and exchanged to EUR, that is, the local currency of the physical property, in order to complete the transaction. An account (reserve fund) will be created solely for that purpose. The transactions (sales and purchase), will be drawn out with all the important paper works done.
The reserve funds will be used to clear all property management expenses or other necessary costs that will follow, like, routine maintenance costs, etc.
POINT-BASED SERVICE BENEFIT
HOMT has planned for all stakeholders whether the holder is a student, a third party property owner or businessman/investor/Venture capital organization, unique
Points-based loyalty and utility services plan, to develop the entire ecology system of HOM token holders of utility holdings owned by respective owners token. Then these points can be redeemed at various third parties merchant points related to HOMT.
Basic terms and conditions of use should imply a token holder at the time of purchase HOM token use according to terms and qualifications.
GENERAL EVALUATION
HOMT Ltd. is a leading, legitimate real estate organization with a focus on global asset management.
Identifiable objectives are clear and measurable.
Except for the feasibility study, the business model is sound and fully supported by the accompanying goods of the real estate.
Investors/students' investment is guaranteed the most reliable because it is supported by the most reliable real estate.
Open distributed ledger using Blockchain and smart contracts can ensure complete transparency
The estimated cash flow calculated according to the business plan is sufficient.
Analyze high-profit levels through business plans
Creators and developers have a deep understanding of the market.
HOMT APP
HOMT provides students with a dedicated application, which provides students with a smarter way to access the HOMT ecosystem, products, and services. In addition, they can rent any room of their choice directly from their smart phones.
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