INTRODUCTION
One common thing among most wealthy men that I know is that they invest into projects which generates then passive income even whiles they sleep. There is this popular statement in the business industry that if you don’t find a job that can earn you money whiles you sleep then you will work till the day you die. That looks scary right? Yeah and that is the more reason why investment plans should be something that every individual should get into to secure themselves against any unforeseen financial circumstances. There are several investment opportunities around but one of the most popular investment platforms is Real Estate Investment.
Real Estate Investment is a business strategy that involves the purchasing of a physical asset and putting it up for rental services, managing and reselling it a higher price for profit. This field of investment requires huge start up capital and the income that is generated can be on a long term basis. Several people can testify to the benefits of real estate investments due to its nature of liquidity but others can also testify to how much they have loss in real estate investment due to poor planning and management. In as much as Real Estate Investment is very lucrative there are certain challenges that can stem out and collapse the dream that people might have investing into Real Estate Investment.
This is where Dominium comes in to make investing into Real Estate, managing your assets and putting them up to generate maximum amount of profits. This article seeks to illustrate how Dominium uses the blockchain technology specifically the Ardor Blockchain to allow users to list their assets on the decentralized blockchain for interested members on the platform to purchase.
THE RELEVANCE OF THE BLOCKCHAIN TECHNOLOGY IN REAL ESTATE INVESTMENT
Technology is one of the branches of science that grows rapidly and brings forth new products almost everyday and currently one of its latest technological products that has captured the attention of most people is the blockchain technology. The blockchain technology was first used by Satoshi Nakamoto to generate Bitcoin which was the first cryptocurrency and the vision for which Satoshi created bitcoin was to have a digital system of payment could be used as another mode of payment for transactions aside fiat currency. Even though cryptocurrencies are accepted by some online platforms like Amazon, Ebay etc. as a mode of payment the issue of volatility has always stand in its way as being accepted in the purchase of assets in Real Estate Investment.
However, the Real Estate Investment sees another opportunity in using the blockchain technology in the operating of its assets in terms of listing it for purchase, managing of properties, financing of properties etc. Dominium will run on the child chain of the Nxt blockchain network which is the Ardor blockchain. The Ardor chain will possess all the features of the blockchain technology hence, would serve as a platform which would decentralize assets for sale and takes control of all rental agreements. Also it would be responsible for managing of properties and any agreements regarding the sales of any of the assets listed on its network.
THE RELIEF DOMINIUM OFFERS TO REAL ESTATE INVESTORS.
The Decentralized platform of Dominium would make it possible for properties to be financed by members on the platform, making assets available for purchase and also members to manage their assets on the platform. It is popularly known that Real Estate investment is capital expensive and that scares so many people from investing into but the Dominium platform will make it possible for investors to get into the business of Real Estate Investment with an affordable start up capital. Specifically, a possession of just one Dom token opens the opportunity of real estate investment to members on the platform.
Dominium platform seeks to make real estate investment affordable to the average crypto enthusiasts and cryptopreneur. The beauty behind the strategy of making real estate investment affordable to the average cryptopreneur will go a long way to increase the overall market income generated into real estate investments. As the overall market income is increasing then we can be sure that the annual income of real estate investors would also increase.
Real Estate involves huge funds hence the need to provide absolute security for members on its platform. Dominium platform has placed in several security measures to make sure that members deal with legitimate people and not any scammers or hackers that may plan to outsmart people on the platform. To do this the platform ensures that users need to clear themselves of security levels that involves Know Your Customer process and adhering to all the Anti-Money Laundering Laws. There are about three clearance levels on the dominium platform that users have to get it approved before they can even stand the chance of making any form of transactions on the platform. Users are to note that all the information that are collected are not going to be used for any public gains but will forever remain on the system of Dominium platform.
TOKEN AND TOKEN SALES
ROADMAP
TEAM MEMBERS
CONCLUSION
Dominium is a decentralized platform that operates on the Ardor Blockchain to enable members list their assets on the blockchain for purchase.Due to the decentralized nature of the platform, members would be able to have access to it wherever that they are. Dominium also guards the assets of its members by ensuring that the members on the platform undergo several security checks to ensure their authenticity. When it comes to Real Estate Investment, look no further than Dominium.
Connect with the team of this project on the following lines:
Website: https://dominium.me/
Whitepaper: https://dominium.me/sites/default/files/Dominium%20White%20Paper%2020180710_0.pdf
Telegram: https://t.me/DominiumPlatform
Facebook: https://www.facebook.com/Dominium.me/
Twitter: https://twitter.com/Dominium_me
Medium: https://medium.com/dominium
Linkedin: https://www.linkedin.com/company/dominium.me/
Bitcointalk thread: https://bitcointalk.org/index.php?topic=4686685.0
Authorship
Bitcointalk username: Aponkye1
My Bitcointalk profile link is https://bitcointalk.org/index.php?action=profile;u=2216761