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July 24, 2018, 12:28:08 AM |
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What are Fractionalized Mortgage Shares? Fractionalized Mortgage Shares (FMS) are not VIVA Tokens. FMS are described as being collateralized fixed income investment products which operate using blockchain enabled smart contracts. At this time FMS are not available on any of the Viva Network Platform’s applications, by The Company, or by any related parties. The ability to invest in FMS is not and will never be guaranteed as all users who intend to invest in FMS will be required to comply with all applicable laws. These laws may include the requirement to perform a comprehensive Know Your Customer (KYC) approval process, taking into account all standard practices including but not limited to Anti Money Laundering (AML), Anti-Terrorist Financing (ATF), required investment licences and permits in accordance with all laws which govern the relevant jurisdictions. Otherwise, holders of VIVA tokens will not have access to or the ability to invest in any mortgage investment vehicles, any financial securities, or any other investment product involved with the Viva Network Platform.
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