Introduction
Dominium is a Blockchain based platform which is providing services such as property financing, property listing and property management with fully automated Customer Relationship Management (CRM) and Support Ticket System. This platform is developed by two companies named Munte Immobilien (MI) established in 1833 and Max Property Group (MPG) established in 2016. Both the companies are based on property financing and management services with hundreds of millions of Euros of real estate assets under ownership and management.
The Dominium platform is built on an Ardor Child Chain which was evolved from the Nxt Blockchain. This Child Chain system decentralizes the trade of assets and allow full transparency on property finance products, property listings and rental, investor holdings and sale agreements.
Problem
Currently, the global real estate market is worth $217 trillion USD but has adopted outdated technologies which is subject to complex regulations and limited by the centralisation from authorities, agents and financial institutions. Language and financial barriers also affect the market, but they are profit maker with having one issue of inaccessible space. For regulatory requirements, licensing and updating technologies, it is likely to be cost more and time consuming.
Solution
The solution where Dominium is come up by placing property finance, listings and property management on the blockchain. Through decentralized, they are providing multilingual platform with standardized regulatory documentation where market is open to multiple languages, more affordability and listing agents.
Ardor Child Chain
Ardor Blockchain service platform is built on Nxt Blockchain technology. The working of this Child Chain system is they allow you to utilize the advanced blockchain technology of Nxt for your business, organization, group or independent project. It is a multiple child chains which will be created under Ardor – the main blockchain where each will have its own unique features which is chosen at the time of creation or being added later. These child chains will be operated with their own native tokens.
The Team
Sven Thomas Munte – Chairman – He did MS in Biology from the University of Georgetown before continuing his development at the Department of Invertebrate Animals at the National Zoo, Washington, DC. Since 1991, he has been owner and Managing Director of property management company Munte Immobilien, which manages approx. 3000 rental apartments and around 70 homeowner communities.
Mark Llyod – Managing Director – He has grown 6 successful businesses with 2 of these having been sold on the open market. He’s having expertise in real estate sector. He has Property Mastery Academy which is a private training company that educates property investors across the UK.
Esther Dekker – Property Director – She has worked in the world of real estate for over 10 years. She is highly qualified to provide professional advice on many real estate issues and did a post graduate in social science specialized in real estate and as a member of the VBO (Real Estate Professionals Organization).
Token Matrix
Token – DOM
Total Supply – 1 Billion DOM
Soft Cap – 2.5M Euro
Hard Cap – 92.5M Euro
ICO Start Date – 3rd September 2018
Social Media Reach
Facebook – 1175+ Followers – https://www.facebook.com/Dominium.me/
Twitter – 8520+ Followers – https://twitter.com/Dominium_me
Telegram – 8690+ Members – https://t.me/dominium_en
Verdict
The Social Media hype is good, but they are not much active on their Telegram Group.
The Website and Whitepaper bot explained in detail and easy to understand.
There are 4 core members in the leadership team who are having expertise in Real Estate Industry and Property Management. They have 11 Country Ambassador on board are from Netherlands, Japan, Russia, Spain, Korea, Nigeria, France, Vietnam, Turkey, Indonesia and India.
They have 8 advisors on board who are having expertise in Blockchain, Finance, Banking, Investments, Law and Real Estate Industry.
The Roadmap is provided with their milestones till 2019 and MVP is available on the website.
They have partnered with Confidon, Acarius, John Savva and Ad Publisher.
For Detailed Information
Website – https://dominium.me/
Whitepaper – https://dominium.me/sites/default/files/Dominium%20White%20Paper%2020180710_0.pdf
ANN Thread – https://bitcointalk.org/index.php?topic=3903453.0
Bitcointalk Username – ritikagupta
Bitcointalk URL – https://bitcointalk.org/index.php?action=profile;u=1375471
ETH Address – 0xA6119b0AF2EC4A3e8A64f8ADA1dBF152f06eC392