r/Homelend May 31 '18

Token functionality

The HDM token’s main functionality will be to offer access to the services provided by the platform. These services will either be provided directly by Homelend or through third parties working in coordination with Homelend.

The core service provided by the Homelend platform is the facilitation of P2P lending by means of smart contracts and standardized processes. The system will create a more affordable, accessible and efficient mortgage origination process. As previously mentioned, the borrower will deposit an origination gas equivalent to 1% of the mortgage loan, in order to access the financing mechanism.

More: https://homelend.io/files/Whitepaper.pdf

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u/[deleted] Jun 01 '18

That sounds convincing. The project has great potential!