A new ITO (Initial Token Offering) is on the block that is leveraging the lucrative $217 trillion real estate market that is riddled with outdated technology, complicated regulations, and middlemen like financial institutions and agents. This ITO is Dominium platform, which is planning to remove the barriers of middlemen, lack of transparency and language by integrating the real estate sector with blockchain technology.
What Is Dominium?
Dominium is a company that is registered in the Netherlands since 2016. This company acts as a decentralized, regulated property financing, property listing, and property management platform that uses the blockchain to work.
This company can be used as a tool to improve the services that are being offered by members of the real estate market. The company uses the most modern technology, the blockchain, to find solutions that will make the life of the clients considerably easier when they are looking for services in the real estate industry.
How Dominium Blockchain Property Financing & Management Works
The Dominium platform is built on an Ardor child chain which evolved from the time-tested Nxt blockchain. The Dominium child chain decentralizes the trade of assets and places rental agreements, purchase agreements, property management tasks and more on the blockchain. Dominium will obtain the required regulatory licenses to allow standardized legal templates for property funding to be created. This allows companies to create regulatory-compliant assets, which can be purchased by the Dominium account holders. As the assets are created on the blockchain they will, of course, be 100% transparent and liquid. Moreover, Dominium is underwritten by a portfolio of property assets generating an income and ensuring the future development and maintenance of the platform.
The Problem
The global real estate market is worth 217 trillion USD but has antiquated technologies, is subject to complex regulation and limited by centralization from authorities, agents and financial institutions. Languages and financial barriers also affect the market, making it a lucrative but often inaccessible space.
The Solution
By placing property finance, listings and property management on the blockchain and by providing a multi-lingual platform with standardized regulatory compliant documentation, the market is opened to multiple nationalities, affordability levels, and listing agents. Real estate finance, management, and trade are thus facilitated and simplified.
Detail Dominium Token Sale
The DOM tokens that self-discipline the Dominium platform can be used for an extensive variety of different exercises. They can be used in the production of new tokenized resources, for trading these advantages, listing properties for lease or sale on the platform, enlistment, buys and some more.
Each activity has a set cost in Euro. for instance, you need to pay 1 EUR to buy or offer an advantage and 5 EUR to register a buy concurrence on the platform.
The company has concocted a plan to increase the estimation of its tokens: burning DOM tokens every now and then, which will diminish the general number of tokens and along these lines make them more uncommon in the market.
Dominium will declare the date and the subtle elements for its token sale (pre-ICO and main ICO) soon. If you register an account and partake in the special occasions of the company, you will have the capacity to get DOM tokens on the airdrops. Check the company’s site for more information about this.
Token: DOM
Platform: Ardor
Type: Utility
PreICO price 1 DOM = 0.05 EUR
Price in ICO 1 DOM = 0.25 EUR
Distributed in ICO 70%
Soft cap: 2,500,000 EUR
Hard cap: 17,500,000 USD
Tokens for sale: 1,000,000,000
Conclusion
Dominium is yet another real estate platform that has perceived the value of the tokenization of the assets in this industry. As tokens, they can easily have more liquidity and be easier to sell. The personnel involved in the company seems to also be very experienced so we have good expectations about this company.
For more information, please visit the link below:
Author: safazara
Website : https://dominium.me/
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
Telegram: https://t.me/dominium_en
Ann Thread : https://bitcointalk.org/index.php?topic=4989887
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1783327
mytherwallet: 0xb7cA53C6b42E6B8a5bEFA6d3C4B24Bf8ce6c82bD