Habibi Coin - Real estate asset-backed cryptocurrency

  • Introduction

    Let's go to continue this blog with another project. First of all, for who missed previous entries, what's a crypto money? To be fast and concise, it is a digital medium of exchange. And the next question would be... What's your use? It is also easy to guarantee the security, integrity and balance of your financial statements by means of a network of agents (segmented file transfer or multisource file transfer) that verify (untrust) each other called miners, which are, for the most part, general public and actively protect the network (the web) by maintaining a high rate of algorithm processing, in order to have the opportunity to receive a small tip, which is distributed randomly.

    Today there are thousands of coins on the market, already in operation, such as Bitcoin, Ethereum, Ripple, etc., but there are many thousands more that are about to leave. The former are called cryptocurrencies and can be purchased on many websites such as Coinbase, Localbitcoins, Kraken, etc. The others are the so-called ICO's (Initial Coin Offering), which can be obtained with significant discounts and price runs through small contracts and transfers through Ethereum. But there exist others those that have just been born, which are not even in the ICO phase, which launches campaigns to attract the public attention, these are the Airdrops. With this, we can get thousands of coins for free. I emphasize these because it's a way to win crypto coins even if the market is as it is. In this way, you never lose money.
    However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As we all know, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been agiler in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account. For this reason, that is why I choose the best of them through an exhaustive study of the main characteristics.

    For this reason, I want to introduce you HabibiCoin, an asset backed token (a far more stable investment compared to others), all the proceeds are invested into real estate to back the coin providing stability compared to non asset backed tokens.

    Definition and goals

    Habibi Currency (HBB) (https://habibicoin.io/) is a community solution to help its members participate in fractional real estate property without having high income, credit scores or co-signers. The average person can never be a real estate owner or investor due to the strict prerequisites of the lenders. A significant part of the market is underserved. Habibi aims to create equal opportunities for anyone to participate in real estate. 
    The project is focused on government backed projects, developments with large scale reputable developers with extensive track records, housing societies, new towers and multiple other areas like commercial, flipping, fixing, leasing, pre sales, Airbnb’s and so on. In order to success, Habibi Team has to develop more customized, fintech solutions that address the faith first, the economics second, and the end user value and protection third in order to meet the growing needs of their community. Through the creation of Habibi coin, the main objective of Habibi is to help break down barriers to entry in the market, address the high fee structures, and reduce risks for investors and individuals. They aim to create diversification, reduce intermediaries in the processes, create opportunities for multiple owner structures, and reduce foreign ownership barriers. 

    How it works?

    Habibi Coin works with homeowners to assess their situation, mortgage product and circumstances. Once approved, then buy the mortgage in full, becoming essentially the lender. All interest is completely eliminated from the equation. The owner of the house ends up paying 80% of each monthly payment directly towards the principal debt. This helps homeowners pay off the debt in less than half the time, in addition to reducing worry, stress, fear, uncertainty and doubt. Habibi currency also protects the homeowner from foreclosure. With the Habibi Coin system, if the owner fails for a certain period of time the property is put on sale and the owner receives a check for the capital that has accumulated on his property for years of making payments. This ensures that your hard work is never lost, that your asset is protected and that it is fully owned in half the time. A true community solution for its members to create economic prosperity and security for themselves and their families. 
    HabibiCoin is divided into a few sectors that influence the price of the currency. Being a token backed by assets, the price of the currency can not go below a certain threshold. The following image shows the main characteristics of the HabibiCoin currency.

    Captura de pantalla 2018-07-16 a les 19.46.51.png

    • Global real estate portfolio: The realization of real estate gains and cash flows creates value for the symbolic holders without the risk of devaluation, volatility or speculation.
    • Eliminates the debts that accrue interest: Purchase of mortgages for our community, completely eliminating the interest in the home purchase process.
    • Best Homeowner: Reduce the useful life of the mortgage, payments directly to the main equity of the home is protected from foreclosure
    • Social Philanthropic Model: A global community solution for the community by the community to preserve economic prosperity within the community.


    The project gives the opportunity to earn HabibiCoin (HBB) tokensperforming some social media tasks and doing simple steps from the bounty program explained into the Bitcointalk Platform. Here (https://bitcointalk.org/index.php?topic=3278343.msg34177361#msg34177361) you can access the link in order to see what are the conditions to become an early HBB contributor and start acquiring tokens.

    Doesn't that sound interesting? If you are interested in this airdrop or basically in the ICO, you can read their Whitepaper here (https://habibicoin.io/White-Paper.pdf). You can also stay tuned in their official Telegram group (https://t.me/HabibiCoinIO). I hope you liked the post and soon I'll send you new ones.


    July - August 2017Project Concept Development.
    September - November 2017Legal Structure Development.
    November - December 2017Team creation.
    January - July 2018Marketing / Project Publications.
    January - February 2018Preparation for Pre-ICO.
    February - April 2018Project Publication.
    30th April - 17th June 2018Holding of Pre-ICO.
    18th June - 18th July 2018Holding of ICO.
    August - October 2018Property Investment Phase 1 begins.
    August - October 2018Mortgages buyout phase 1 begins.

    Token details
    Token: HBB
    Platform: Ethereum
    Type: ERC-20
    PreICO price: 1 HBB = 0.03 USD
    Price in ICO: 1 HBB = 0.05 USD

    Token Distribution
    Captura de pantalla 2018-07-16 a les 19.47.05.png

    Extra details

    PRE-IСO [30 April 2018 - 17 JUNE 2018]
    ICO[18 JUNE 2018 - 18 JULY 2018]

    Twitter: http://bit.ly/TwitterHabibiCoinIO
    Facebook: http://bit.ly/fbHabibiCoin
    Telegram: http://bit.ly/TelegramHabibicoinIO
    YouTube: http://bit.ly/HabibiCoinYTB
    Instagram: http://bit.ly/InstaHabibiCoinIO
    Medium: http://bit.ly/MediumHCio
    Slack: http://bit.ly/HabibiCoinSlack
    Quora: http://bit.ly/HabibiCoinQuora
    Whitepaper: https://habibicoin.io/White-Paper.pdf

    Author Details

    Email: [email protected]

    Telegram username: @clauming

    BTT profile link: https://bitcointalk.org/index.php?action=profile;u=1870482

    Ethereum address: 0xC6AB45541006D53D31E25b41c7d245c5Ad99BF71

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