Viaz ICO Review

Ever had that startup idea? Something that could transform the world into a better place? Something that could make you millions?

Well as a matter of fact each one of us have had those thoughts but a very few actually implement it into their work life. To put it in Robin Sharma’s way, “Ideation with execution is a mere delusion.”

What’s the one this startup guys hate? It’s the funding. When the talk is about money no investor would wanna lose. They squeeze out the hardest bargain. But what is we could cut through the whole cycle with decentralized funding?

Yeah we can do that with Viaz.

Token details

Token

VIAZ

Price

1 VIAZ = 0.065 USD

Bonus

Available

Bounty

Available

Platform

TEZOS

Accepting

ETH, BTC, XTZ

Soft cap

5000000 USD

Hard cap

30000000 USD

Country

Cayman Islands

Whitelist/KYC

KYC & Whitelist

Restricted areas

USA

What is Viaz?

VIAZ is a decentralized application bridging the gap between lenders and borrowers of fiat and digital currencies. VIAZ will employ VIAZ Smart Contracts for transactions initiated on the VIAZ Platform. Just as similarities and differences exist between digital and fiat currency, a closer examination of VIAZ compared to the traditional banking system reveals both converging and diverging characteristics. A notable similarity is that the VIAZ Platform, by putting potential borrowers in direct contact with potential lenders, empowers users to borrow, lend, and transfer currencies throughout a global network. But, unlike banks, the VIAZ Platform will provide a more efficient, cost effective and secure service for all users. The first DAPP to run on the Tezos blockchain, a elf-amending crypto-ledger, the VIAZ Platform has inherent advantages when compared to other competitors in the bazaar.

As mentioned, the VIAZ Platform is decentralized. Our aim is to make this market driven platform conducive for crypto and fiat loyalists alike. Billions of people globally do not have access to banks. The VIAZ Platform provides them with an opportunity to take advantage of this global network of lenders and borrowers from the convenience of their own desktop computer or smartphone.

A sound banking system mobilizes the small and scattered savings of the community and makes them available for investment in productive enterprises. The question of institutional accountability speaks directly to another promise of cryptocurrency. With its capacity for programmability, a blockchain can enforce smart financial contracts. Recently, and into the future, blockchain technology such as the VIAZ Platform will solve issues of collateral management and guarantee compliance with capital requirements.

The brain behind the game

The VIAZ Platform will connect digital assets, equity, and fiat in ways not previously possible due to boundaries inherent in the traditional centralized banking space. The VIAZ Platform will bring the world closer by dismantling these boundaries and empowering individuals to take control of their own financial destiny.

What makes this so awesome?

Viaz seeks to encourage its account holders to borrow fiat or crypto through using their tokens as collateral. Initially, Viaz tokens and Tezzies (“XTZ”), the native token of Tezos, will be the only accepted collateral. In the future, Bitcoin and various altcoins will be added to the platform.

Once a borrower posts a loan, a smart contract is created by the platform and the loan is recorded on the Tezos blockchain ledger. Lenders will then have the chance to bid on the different funding opportunities depending on the interest rates. In cases where the lender wants to fund the loan at higher interest rates, they can do so and earn higher interest rates. The loan repayment by the borrower will be through the Tokens of the Viaz platform.

VIAZ Benefits

Accessibility

The daily operations of the Viaz platform are more accessible compared to the traditional lending systems, as its features are compatible with IOS and Android operating systems. Therefore, users can use the Viaz mobile application from their devices free of charge.

Secure

The Viaz platform operates on the Tezos blockchain network that is financially secure, as it records all the transactions on its ledger that is not alterable or accessible by third parties. Similarly, Viaz provides users with a cryptocurrency and fiat wallet that makes it possible for them to securely store their funds, manage their portfolios, and transfer funds.

No Taxes

Compared to the current lending systems and institutions, Viaz will be less costly as borrowers will not have to pay taxes on the borrowed money.

Risk Free

For borrowers to post loan request on Viaz, they will have to pledge a certain amount of collateral. This protects the lenders from the risk of losing their money in case they default.

No Fees

Users are not required to pay any sign up, monthly or maintenance fees to Viaz. The platform will generate income for itself by deducting a small percentage from the interest on all loan repayments.

Important Links/ Documents
Official website : https://viaz.io/

Twitter : https://twitter.com/ViazOfficial

Facebook : https://www.facebook.com/viazofficial

Whitepaper: https://viaz.io/documents/Viaz-Whitepaper_EN.pdf

Yellowpaper: https://viaz.io/documents/Viaz-Yellowpaper.pdf

bounty0x username : vasilisc555