Homelend is an Ethereum-based home mortgage lending platform. Homelend created a decentralized ecosystem that connects borrowers, lenders and other parties involved in the mortgage value chain. By doing so, Homelend enables mortgage crowdfunding with the security, transparency, and automation provided by Blockchain technology and smart contracts.
HMD is an ERC20 utility token that serves as a currency on the Homelend ecoystem.
The Homelend ICO start date is yet to be announced. The ICO token supply represents 64% of the total token supply, so there is a total of 160,000,000 tokens available. The ICO funding target is 5,000,000 and the funding cap is 30,000,000.
Token Reserve Split (36%):
The Homelend ICO campaign features bonus and a bounty program, and the token will not be mineable.