DOMINIUM - A Decentralized Blockchain Based On Real Estate Solutions.
ABOUT DOMINIUM
The Dominium platform is built on an Ardor child chain. This child chain decentralises the trade of assets and places rental agreements, purchase agreements, property management tasks, and more on the blockchain. After obtaining the required regulatory licenses, this will allow companies to create regulatory compliant assets, with standardised documentation (provided by Dominium's legal teams), which can be purchased by the Dominium account holders.
Assets created on the blockchain will be completely transparent and the asset tokens will be tradable on the Dominium platform thus making them liquid.
Dominium is underwritten by a portfolio of property assets generating an income and ensuring the future development and maintenance of the platform.
WHY DOMINIUM?
Dominium offers two main platforms as services. The first platform is for investing in real estate. Investors can participate in the market with as little as one share or token, opening up real estate investment to anyone through the decentralised Asset Exchange. This will allow fully liquid peer-to-peer fund trading between investors without the need of a fund manager or third party. Obviously, all users need to be identified and whitelisted to ensure adherence to jurisdictional regulation.
The second platform offered by Dominium is a utilisation of blockchain technology for managing individual properties. Property managers, tenants, agents, and real estate professionals can record information on the blockchain. As a result, this fully decentralised information is truly transparent, impenetrable, and unchangeable by parties interested in recording information to their benefit. Full property and renter transparency, with blockchain handling the bulk of the recording work, will make every part of the property management and rental business smoother and more advanced.
THE MARKET
Real Estate Investment: There are multiple ways to invest in real estate. The main investment type is the simple purchase of a house or condo to use as a rental property. However, there are additional types of real estate investments.
• Real estate exchange-traded fund (ETF) – Collection of stocks or bonds in a single fund specifically targeting real estate developments.
• Real estate mutual funds.
• Real estate investment trust (REIT) investment – REITs own and operate real estate; by investing in the company, you indirectly invest in the real estate as well.Cryptocurrency and Blockchain Real Estate: Blockchain technology streamlines the real estate ecosystem by enabling people to securely and efficiently share data and money. It makes information more accessible, cuts out middlemen and reduces the risk of fraud and theft. A more secure, speedier, trusted process for buying and selling property is good for everyone involved.
Unlike the modern housing market, which after a century of modern developments is a mature market, cryptocurrencies are a relatively new economic force. The first cryptocurrency, Bitcoin, began operation in 2009 during the throes of the global recession.Property Management, Administrative Support, Transparent Finance: Blockchain technology does not only impact the purchasing and selling of properties. Property management is not a simple task and involves responsibilities of marketing and finance, tenant and occupancy, facility, and risk management in addition to standard administrative tasks. Property managers must:
• Make marketing decisions
• Understand financial statements and profit/loss
• Respond to tenant requests, process rent, schedule maintenance
• Manage landscaping, electrical, plumbing, etc.
• Maintain records and comply with government filing requirements
FEATURES OF THE PLATFORM
Dominium does not and will not create equity tokens that represent ownership of an asset. Rather, the Company has decided to instead offer a utility token. This token is called the DOM token. DOM tokens will be used to pay for all activities on the Dominium platform, including:
- Creation of Assets.
- Trading of Assets.
- Creation of support tickets.
- Voting for charities.
- Listing a property for sale.
- Listing a property for rent.
- Registering a rental agreement.
- Registering a purchase agreement.
While fees charged on Dominium will be charged in Euro, they can only be paid in DOM tokens, thereby
insuring their continual use.
- The SOFT CAP for the ITO will be €2,500,000.
- The HARD CAP for the ITO will be €92,500,000.
- The TOTAL SUPPLY for the ITO will be 1,000,000,000 (one billion) DOM tokens.
TOKEN REVIEW
TOKEN ALLOCATION
ROADMAP
TEAM
PARTNERS
CONCLUSION
Through the power of the blockchain, Dominium will allow investors of all wealth levels to invest into a fully liquid marketplace and present a compelling, permanently transparent administrative solution for the property management industry.
For more information or questions as the case maybe, concerning the platform. Kindly click on the social links below:
Website: https://dominium.me/
ANN: https://bitcointalk.org/index.php?topic=4989887.msg45009988#msg45009988
Whitepaper: https://dominium.me/sites/default/files/Dominium%20White%20Paper%2020180710_0.pdf
Facebook: https://www.facebook.com/Dominium.me/
Twitter: https://twitter.com/Dominium_me
LinkedIn: https://www.linkedin.com/company/dominium.me/
Telegram: https://t.me/dominium_en
Authored By: misteroladipo
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=1781078