The world is gradually becoming an open market for anyone everywhere. Truly change is inevitable in every aspect of life from what, where, when, and how of living. Due to technology, what we think impossible is now feasible. Human innovations allow us to create, develop, maintain, and sustain of what we believe an easy and convenient life. Every form of business either small or big is the lifeblood of the economy and from here is where an individual and nation survive. We can say that from the point of view of doing business, real estate is the most stable however it doesn't have a bigger market due to technicalities, policies and bureaucratic barriers.
True enough that the global real estate market holds trillion of assets but the sad thing is only a few can participate. It's like the resources are widely available but it's unreachable due to complexities of regulations, language differences, and centralization to name a few. Dominium creates a solution to abate the existing inconveniences; simplifying the process, managing assets through a blockchain, and placing multi-lingual function allowing other nationalities to trade.
Dominium is initiated by a set of individuals who are highly knowledgeable in real estate business. Since 2012 the group is eyeing and studying blockchain technology, as this technology reaches maturity, the founders us their money to fund the project starting with buying, renting, and renovating properties. In 2016, a website was developed with a multi-lingual function such as English, Dutch, and German.
Dominium is an international platform bringing global innovation on how you do conventional real estate business. Using the blockchain technology modernizing the industry, the platform will serve as a powerful tool to enhance the process thus giving potential clients the ease, safety, and profitability of doing business.
How do Dominium works?
Dominium is in partnership with Ardor Platform Technology and Auxesis Infotech PVT. LTD. It is built on an Ardor child chain which is responsible for decentralization. The platform holds asset trading, property management, rental and purchase agreements, property funding, project finance, and property sales. Dominium used secure blockchain to avoid fraudulent transactions and breach of data privacy.
Blockchains are usually a list of transactions or record of transactions collected and interconnected by a computer algorithm called cryptography. Ardor Platform is within Nxt blockchain which uses three-clearance level of a verification process. Ardor has two categories- main chain and child chain. Dominium uses child chain which specializes for business purposes. It will allow transparency in documentation such as records, listings, investment holdings, and agreements.
After the decentralization, the platform will obtain necessary regulatory licenses. This will enable users to produce a regulatory compliant asset. It can then be purchased by Dominium account holders substantiated with standardized documents. This promotes transparency and liquidity in the form of asset tokens.
Dominium is basically created to upgrade traditional real estate business giving it bigger market and wider perspective. Individuals are not limited by their location or status as long as they have a property. The mindset is not how many you already have but how you can multiply your assets.
In this era of fast-emerging technology, why choose Dominium? Dominium simplified everything. By having a multi-lingual function, an individual is not restricted to a certain place or nationality. Security is highly valued. Dominium adheres to government policies like Know-Your-Customer (KYC) and Anti-money Laundering (AML). It is secured by the strict verification process. And has two main services which benefit investors and middleman.
Technological advancement is a tight competition and mostly traditional way suffers. Middleman like brokers or agents lose their jobs because a platform adopts its function but not with Dominium. First, the platform is for investing. An investor can directly trade with another investor or client by using asset tokens through a decentralized asset exchange. An investor can enter the market for as low as one token. Second, utilizing the blockchain, an owner can get a managing individual like agents, property managers and individuals with real estate expertise. Minimizing the burden on the owner and creating jobs for people with real talent.
Through Dominium you can be a part of cashless society while securing your property and making the most out of it. However, Dominium does not offer equity token wherein you can be part of the ownership but you can purchase token through the initial token offering. When you purchased DOM Token you are able to create an asset through the platform, trade assets, support for charities, list a property for sale or for rent, register a rental agreement and purchase agreement to name a few. Other token information as follows:
Total Token Supply: 1 Billion DOM Tokens
Soft cap: 2.5 Million Euros
Hard cap: 92.5 Million Euros
Get more details on this ICO and project by reading through its whitepaper and visiting the website and their social media pages:
Website: https://dominium.me/
Whitepaper: https://dominium.me/sites/default/files/Dominium%20White%20Paper%2020180710_0.pdf
BTCT Thread: https://bitcointalk.org/index.php?topic=4686685.0
Telegram: https://t.me/DominiumPlatform
Twitter: https://twitter.com/Dominium_me
Facebook: https://www.facebook.com/Dominium.me/
Medium: https://medium.com/dominium
Made by: Armaden
BTCT Link: https://bitcointalk.org/index.php?action=profile;u=2081125