VIVA NETWORK

After a mortgage has been successfully crowdfunded using Fractionalized Mortgage Shares, it will be available for sale on the proprietary Viva FMS Exchange application located on the Viva Network Platform. The application will operate similar to a typical online cryptocurrency exchange, and the FMS will trade in a similar fashion to that of any fixed income security. Investors will be able to use this platform to buy (bid) and sell (ask) FMS investments. The application include data analytic tools, graphs and functionalities that categorize all the FMS securities by risk ratings, yields, duration, IRR, etc. with customized portfolio recommendations and automation available for average investors.
1.Credit rating of borrower;

2.Credit-worthiness details of borrower including: Age, employment status, repayment history, credit score, income, other relevant financial obligations, ability to repay debt (interest coverage ratio);

3.Two standardized, algorithm-based risk ratings (Grading System 1 & 2);

All details of the asset including: Value, address / location, size, age and quality of physical structure, level of homeowner’s insurance, etc.;

5.Standardized Viva Recommended Terms;

6.All the terms of the mortgage contract including: Duration, yield, interest rate (and date of mortgage VIVA/USD FX rate at that date), loan-to-value on the underlying facility, etc.

VIVA TOKENS

VIVA Tokens (“VIVA”) are Ethereum blockchain based ERC20 tokens, designed to provide utility within The Viva Network Platform’s exclusive applications. VIVA will initially be distributed, to early believers of our vision for The Viva Network Platform, as recognition of contributions made during the Token Generation Event.

If we are successful in bringing our vision of The Viva Network Platform to fruition, we intend for VIVA to provide token holders with many valuable functionalities as described in the White Paper. Going forward, we intend to create an internal economy within The Viva Network and the platform’s continually-evolving applications, where VIVA will act as an “in-app currency” serving as an integral driving force for the incentive-based ecosystem.

Many countries have enjoyed historically low mortgage rates in the post-2008 environment of cheap money courtesy of the easing (making money available at lower interest rates) policies of central banks around the world. Even against the current backdrop of a now rising rate environment, mortgage rates remain pretty low relative to historical standards.

Not all nations got invitations to the low mortgage rate party, however. For a variety of reasons, there are many countries whose mortgage rates exceed 10% and even some that are up around 20%.

As you can see, the 25 countries with the highest mortgage rates are all at about 10% or higher. Of course, some of these countries might scare off potential lenders — instability in Ukraine, for instance, might be cause for concern. However, in all these countries, there are potential borrowers with assets, excellent credit, and good, long-standing jobs. They are nevertheless confined to the very unattractive lending options in their home country. Enter Viva. To demonstrate the power of what seems like a small change in interest rates, let’s use the 25th country on the list, Costa Rica, as an example. Let’s say a doctor who has practiced medicine for 10 years in Costa Rica has maintained an excellent credit rating and has significant money in savings and/or investments. Let’s also say that this solid mortgage candidate gets a better rate than the national average and is able to get a home loan from a Costa Rican bank at 9% for a 30 year fixed-rate, $300,000 mortgage. Here’s how that loan would work: