🔶 [ANN] Block66 - The Future of Mortgages on the Blockchain 🔶

[pask777]

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   What is Block66?   

Block66 introduces the first platform where lenders can access a marketplace of vetted borrowers looking for mortgage finance. This marketplace is public, transparent, and highly automated, so lending is streamlined, with lower costs, and lower risks. Each loan is represented as a pool of "proof of loan" (PoL) tokens that can be individually resold to investors, providing lenders with liquidity, and empowering a diverse pool of investors.

Block66 is building a new blockchain-enabled marketplace for mortgages. Institutional and private lenders can use the service to offer loans to a wide range of borrowers, introduced by Block66 broker partners. Through the practical use of smart contracts, loans can be taken from origination to facilitation, quickly and efficiently. All loans are also represented as tradable tokenized securities,providing a liquidity mechanism as standard. The ability to trade fractions of loans, and reduced order and issuing fees makes investing more inclusive, providing an attractive investment vehicle for all manner of investors. Thanks to the use of cryptocurrency, Block66 eliminates the need for a bank account, overcomes geographical lending restrictions and reduces counterparty risk to mere minutes. For borrowers, the transparent and competitive nature of the marketplace will benefit the consumer and give them confidence that they’re getting near enough the best offer achievable.

   The Problem   

The mortgage market in the USA is $9.9 trillion dollars, $32.9 trillion worldwide, and growing but risk averse institutions are reluctant to lend to many creditworthy consumers. Willing small lenders struggle to enter the space at scale. Existing processes and technology are cumbersome and siloed, compounding the problem for borrowers.

   The Solution 

Block66 streamlines the entire mortgage software and operations stack. For brokers, a one-stop-shop, including credit scoring, property appraisals and lender matching. For lenders of all sizes, a sustainable loan pipeline, auditing tool and mortgage securitization platform. For borrowers, a quick, hassle-free way to access the best credit opportunities.

   Token Information   

   Roadmap   

   FAQ   

Q: When is the B66 token sale?
A: The Block66 pre-sale is being held on soon with the main-sale being held two weeks later after. Stay tuned for updates.

Q: When should I register?
A: As soon as possible and as soon as registration opens. Better to be safe in case you have any KYC / AML issues which need ironing out. Keep checking back to see when registration comes online.

Q: What is the pre-sale discount?
A: The pre-sale discount is 33%.

Q: Which cryptocurrencies are supported?
A: You can buy B66 tokens with Ethereum (ETH), Bitcoin (BTC), and Bitcoin Cash (BCH). You will be asked to provide a contribution address so we know who has transferred funds and also an address where you wish to receive your B66. When we receive payment from you we will swiftly follow up by transfering you your B66 tokens to the address you provided.

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Bounty0x - Rewarding the Token Economy

[dddudidd]

this is a very remarkable marketplace motivation and can be an interesting thing for some big investors and big traders, I'm very interested to see the development of the thread, good luck in the future

[bongbong2014]

Block66 announced a strategic partnership with Civic Technologies Inc. Civic will enable Block66 to enhance efficiency, privacy, and security for their trusted mortgage lending platform. Civic’s easy-to-use Know Your Customer (KYC) solution will be integrated with Block66’s existing framework. This partnership will further reduce the manual underwriting process, increasing convenience for platform users across the mortgage industry while maintaining user privacy. 

[thedarknight789]

Habito, a 200 million pound valued company in the UK. The product is being built by developers with experience building products for Lloyd's of London

[Eliza beth]

Does this token apply to investors worldwide or only to investors in certain countries?

[sshiddiq67]

Habito, a 200 million pound valued company in the UK. The product is being built by developers with experience building products for Lloyd's of London

By utilizing blockchain technology, the Block66 platform offers mortgage loans. this technology is used to increase transparency, streamline the distribution of capital and overcome geographical loan restrictions

[Salesin]

The product is being built by developers with experience building products for Lloyd's of London. The team has a vision to be involved with every single real estate blockchain purchase. It's a big goal, with a team ready to do it.

[ibiznes]

Genial idea, tokenizing mortgages and facilitating the purchase of real estate for the everyday person with blockchain.

[chon0783]

I like Block66 because yes, it's cool that you can buy a house with crypto through its competitors, but in reality - Block66 is a platform that people can and will actually use.

[dudman8]

Teamwork here is very good to be involved with every blockchain purchase on this project has a very big goal to.

[oioioi]

even though, according to the pressures of many people, this will be one of the highest interested projects, but giving loans to institutions and the private sector has different levels of risk, seeing from the solutions that this project thinks, that does not mean it can be the best solution, so I hope, this project has a sophisticated and accountable audit system

[l10no]

what is the interest rate in the loan period, because what I see about loan companies, interest rates are very burdensome to borrowers

[duniakripto96]

the project with the concept that is very good for the block66 project
plus the bounty program has been bounty in this way, I am sure that the development of this project network will quickly develop

[chon0783]

The team is filled with people from the mortgage industry, people who have successfully exited FinTech companies, and people with prior crypto experience. This project is a shoe-in in my opinion.

[SmartBounty]

Solid team, experience with Habito, a 200 million pound valued company in the UK. The product is being built by developers with experience building products for Lloyd's of London.

[wgd]

what is the guarantee of the return of such a loan, when the crypto in many countries is unregulated. knows someone loan project that has achieved a significant success hmm, I remember that there were several of them 

[Anycrypt]

The team has a vision to be involved with every single real estate blockchain purchase. It's a big goal, with a team ready to do it.

The very idea of such a project also seemed very interesting to me, and I think this idea is quite possible to implement.After all, the platform simplifies the workflow of mortgage software and all related operations.Personally, the team and its idea inspires confidence in me, so I will monitor the development of the platform.

[Johj]

Block66 presale just went live! https://twitter.com/Block66_io/status/1037704504337203200

[meongoan]

One of the most promising and successful projects to date! I advise everyone to join and keep track of developments!

[ICOshock]

Block66 is shaking up the mortgage industry by providing a fully transparent and comprehensive lending experience.

The upcoming network is a matchmaker connecting borrowers with lenders. No longer will prospective homeowners be solely reliant upon local banks and credit unions.

The mortgage industry has been ripe for disruption for years. After all, there’s been very little change in the industry for years, even with the financial crisis a decade ago. However, that’s set to change with the Block66 a project that is currently in its ICO phase.

Learn more by reading ICOshock's overview of the project here: https://icoshock.com/block66-ico/