THE WORLD’S FIRST GLOBAL PROPERTY PLATFORM OF BLOCKCHAIN TECHNOLOGY
Hello everyone, I’m back with a new ITO (Initial Token Offering) review and if you’re interested in joining the Dominium Project, it’s good to read reviews that can help you get information that might help you to see her mission vision during The wonderful journey of the Dominium project:
Here is the review !!
ABOUT: Dominium is a decentralized, regulated real estate finance, real estate and property management platform. It is an international platform where regulatory documentation for real estate financing is standardized and assets are placed alongside block real estate sales, leases and management.
Dominion intends to use the innovative blockchain technology to destroy the trillions of dollars of real estate worldwide, slow to engage in new technological solutions and limited by the centralization of authorities, agents and financial institutions.
Dominium places real estate financing, listings and real estate management on Blockchain and also offers a multilingual platform with standardized, regulatory-compliant documentation that opens the real estate market to multiple nationalities, affordability levels and listing agents.
The platform is based on an Ardor-Child chain. The reason for using the Ardor child chain is the decentralization of asset trading and placing leases, sales contracts, property management tasks and more on the blockchain.
Dominium is backed by a portfolio of real estate assets that generates returns and ensures the future development and maintenance of the platform.
Dominium will operate two types of tokens. The child chain’s native token is called a DOM, and users pay transaction fees to Dominium through this token, making it a utility token.
The standardized prudential assets created on Dominium are the second type of tokens as they represent real estate funds, bonds, credit notes, project finance, etc., and as such are security tokens.
CHALLENGES TODAY: The global real estate market is worth $ 217 trillion, but it has outdated technologies, is subject to complex regulation and is limited by centralization by authorities, agents and financial institutions. Languages and financial barriers also affect the market, making it a lucrative but often inaccessible space.
SOLUTION :: DOMINIUM: Placing real estate finance, listings and real estate management on Blockchain and providing a multilingual platform with standardized, regulatory-compliant documentation opens the market to various nationalities, affordability levels and listing agents. Real estate financing, management and trading are thus facilitated and simplified.
VOR PROJECT: Dominium is being developed by a group of real estate professionals with industry experience dating back to 1833. The original idea in 2012 was to create a blockchain platform for real estate financing. The development of the project from 2016 is shown in the following diagram:
TOKEN USAGE AND VALUE: DOM Tokens is the payment unit on the platform. It is used for activities such as the creation and trading of assets, listing a property for sale and for renting, renting and buying a lease e.t.c.
Aside from tokens for payment in the platform, which will increase its value, how many people use the platform for real estate activities. The project also has two new ways to increase the value of the token. The first is the annual token burn, which is audited and publicly announced, and the second is its buyback program, which ensures that the token value is maintained regardless of the market fluctuations of the cryptocurrencies. Income generated by the platform is used to periodically buy back tokens, ensuring a steady demand for the token.
INITIAL TOKEN OFFERING(ITO): Dominium is not a equity token but an utility token. Token name is DOM and will be used to pay for all activities on the Dominium platform like Creation of Assets, Trading of Assets etc. Token burn will make the DOM token one of the few tokens with a steady demand and diminishing supply, ensuring the value of the tokens moving forward.
- Maximum Supply: 1,000,000,000 DOM tokens
- SEED Round: 100,000,000 DOM tokens (SOLD OUT)
- Pre-ITO: starts on 1st July, 2018. 100,000,000 DOM @ € 0.05 each.
Minimum purchase during Pre-ITO — 10,000 DOM
- ITO Phase I — €0.10 per DOM (Starts at 03/09/2018 12:00 CET)125,000,000 DOM
- ITO Phase II — €0.15 per DOM (Starts as soon as Phase I is sold out)125,000,000 DOM
- ITO Phase III — €0.20 per DOM (Starts as soon as Phase II is sold out)125,000,000 DOM
- ITO Phase IV — €0.25 per DOM (Starts as soon as Phase III is sold out)125,000,000 DOM
- Minimum purchase during public sale — 100 DOM
- Soft cap — €2,500,000
- Hard cap — €92,500,000
Whitelisting for Pre-ITO started 01/07/2018. Most of ITO money raised goes to buying property portfolios in the Netherlands, Germany and the UK. Currencies accepted EUR, BTC, ETH, BCH, LTC, BNB, NXT, ARDR, IGNIS.
OFFICIAL LINKS: Website: https://dominium.me/
AUTHOR DETAILS: Bitcointalk username: vikasdp47
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1960707