Block66

Team - some good members, some good education but also some gaps in experience. Needs greater emphasis on legal hires due to the nature of the project. All core team members need to list project on LinkedIn, 3 for now.
UPDATE - as the retort clearly states the legal advice being given, more than happy to update to 4.

Vision - there seems to be a disconnect between the loan and its token securitisation. This seems a little like having you cake and eating it - a lender can create a mortgage, securitise it through a CDO or similar method and then further securitise it through tokens on this platform. Does the platform hold any rights in case of default on the loan? The problems that the project looks to solve don't appear to be problems, in my opinion. Stating that lower credit rated consumers struggle to get mortgage finance this side of the 2008 market crash doesn't strike me as a problem, it seems like prudence. The crash was a result of dodgy economic theory (only pockets of price decreases will be seen, so risk balances on a national/international scale) twinned with political pressure (blueprint for the American dream) which allowed for credit to become free and easy. This project seems to want to reinstigate the issues that caused a world economic crash.
No explanation of how funds raised will be spent. Essentially the first form the project will take is a matching service for lenders and borrowers. This doesn't seem so different to what happens now on comparison websites or through mortgage matching software. There are no competitors mentioned or overview of where or how the platform developed will disrupt the market.

UPDATE - I've been given guidance that there will be no conflicts of mortgages getting included in CDOs or MBSs if they have been tokenised. This calms a few nerves for the project vision for me. I disagree that listing how ICO funds will be spent could get the project into trouble. Being open and honest with your backers is never a bad thing in my opinion. The comments on mortgage matching software are news to me, as there are plenty of platforms that handle it here, but there must be a market for it on the other side of the Atlantic.

Product - pre-MVP, non functional and doesn't seem to fit the vision explained in WP. No MVP. More than happy to update once MVP is ready.

UPDATE - happy to score as a 2 for now as at least some effort to show what the platform will do has been made here.

Please note - the above changes to the review do not constitute financial advice. Be sure to complete your own thorough research of this and any project before you consider backing it.

Good team and good vision. Whitepaper needs some more details and info graphics. MVP is there but not fully functional. Token economics looks ok. Best of luck team.

Do a Google search for competitors to get a sense for how far ahead of the game Block66 is: https://www.google.com/search?q=blockchain+mortgages&source=lnms&tbm=nws&sa=X&ved=0ahUKEwipmKSFtqDdAhXTHDQIHS5YAVUQ_AUICigB&biw=2133&bih=1082

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.

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.

Joe has 5+ years as a mortgage CEO, James has sold a P2P lending business and their team and advisors combine just the right mix of technology, financial services and real estate.

Some advisors of note:

Hakim - ex-GS trader in mortgage backed securities, now at JP Morgan mortgages

Piper Moretti - first person to buy property with bitcoin. leading female entrepreneur.

Maurice Helirhy, PhD - grandfather of blockchain computing

Proven all star team with members that have extensive experience in the space, combined with people that are well versed in the blockchain technology. They are attacking a market that is ripe for disruption. I am honestly surprised that no one has done this yet.

I'm giving this 5's across the board because this is one of those projects that when I first heard about, I thought, "How is it possible that no one has thought of this already?!?"

Genius idea, tokenizing mortgages and facilitating the purchase of real estate for the everyday person with blockchain. Other real estate focused blockchain projects simply facilitate the purchase of property, with an upfront payment-- what percentage of the population of the world can pay $10million upfront in crypto to buy a house?

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.

Not to mention 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.