HOMT LTD PLATFORM: A TOKENIZATION MODEL FOR HOUSING PROPERTIES

royalaim (25)in #homtoken • 4 years ago

INTRODUCTION

Having properties is one of the ways to acquire a sustainable wealth in our present world seeing the way they hold high asset value and the need housing properties satisfies in the life of man. Having properties like this is a very good form of Investment and what is better is to have this asset type tokenized. The HOMT foundation has embarked on a journey on the blockchain, all aiming towards the tokenization of real estate agent just to make students have a very standard form of housing while they seek to study in any part of the world. This is what brought about the HOMT LTD. With this project, any student will be free to study and enjoy full luxury with the type of housing that would be provided.

HOW HOMT SOLVES THE ISSUES ASSOCIATED WITH STUDENT'S RENTALS

This platform is a solution to the difficulty in the processing of housing for students. It is also a student property tokenization by which they use great services and also search for portable accommodations through the joint cooperation with the blockchain. It will resolve the problems that can come up as a result of joint ownership model especially when properties are involved and help prevent any form of complexities. Sometimes, there can be more than one proprietor involved in property deals, and when they have to be separated into part, that can be a problem which many parties find hard to solve. But as HOMT handles the program, it uses the progression of the blockchain together with specialist to provide solutions to such difficult financial situations. Withs the present issues being solved by HOMT, many investors will become interested in the properties in the HOMT marketplace and Investments can be done even as other financial specialist are involved. This program would be controlled or overseen by smart agreement and it would become profitable to invest in tokenized students properties. The blockchain is a technology that is capable of ensuring the TOKENIZATION of all forms of physical resources or properties and so it automatically makes people contribute to it as they have access to such properties. It can convert to tokens and make the tokens valuable assets that can also contribute to the blockchain. The process however, will include smart contracts which are controlled by the blockchain even as they can be maintained in the same way. This is how simple it is to tokenize any asset from the real world into the digital sphere and have them sustained by contracts.

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THE USE CASES OF HOMT LTD

There are serious ways this platform can find its applications and one of it is through the HOM token which serve as the property token and can be used to make transfers. If it is possible to convert a property into token, then it is also possible to buy them off with the token. Anyone on the block can pay the token fee for an asset and claim such assets or property. This platform gives owners the authority over the token they hold, increasing their capacity and making them able to acquire more possessions as they use the blockchain. Usually, the issues with an individual owner a property single-handedly is avoided as the token used is distributed. Those who are to inherit a property as heirs are also controlled and made to relate with others especially the parties they are involved with to avoid any conflict that can come as a result of the property ownership.

Another use of this HOM token is as collateral for loans and also for insurance. This is considered the security uses of the token that makes it so acceptable and useful to users.

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The various types of market can grow as they use this platform. The properties in HOMT are going to respond and grow in value, then benefits would be passed on and trade will become so possible to do physical properties in this platform can be sold conveniently for the profit to be earned and that can have a potential significance to the buyers. This platform would be able to build its own custom property token as enabled by the smart contract on the ethereum chain. This is a good feature that need be cherished by the owners of properties as well as the investors in it. Even though the HOM token is already listed in some decentralized exchanges to be traded there, it would be listed on some more other exchanges to become a common token that is very useful and available.

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TEAM

I believe in the team of the HOMT project, it is a good platform with wonderful talented team members that have a good practical idea for long-term and development plans. Below is the cross section of the intellectual team members of this great platform.

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CONCLUSION

This is a network where all a student ever needed as far as accommodation is concerned is settled with all the infrastructures provided and the way it ensures that students can possibly study outside their places of comfort to other new places that can be made comfortable with HOMT.

Check out these links below for more info on this remarkable project

🌐 Website: https://homt.net/

🗒️ Whitepaper: https://homt.net/Whitepaper.pdf

🎯 Telegram: https://t.me/homtokenofficial

🐦Twitter: https://twitter.com/homtoken

Facebook: https://www.facebook.com/homtoken/

Medium: https://medium.com/@homtoken

Linkedin: https://www.linkedin.com/company/homtoken/

Reddit: https://www.reddit.com/r/HOM_Token/

Youtube: https://www.youtube.com/channel/UCSB9YHUPVlJclwW3qow0NOw

Instagram: https://www.instagram.com/homtoken/

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