THE DETAILED EVALUATION OF THE DOMINIUM PROJECT

in dominiumreview •  6 years ago  (edited)

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What is Dominium?

Dominium is a company registered in the Netherlands since 2016. The company acts as a decentralized asset, regulatory asset, asset list, and asset management platform that uses blockchain to operate.

This company can be used as a tool to improve the services being provided by members of the real estate market. The company uses the latest technology, blockchain, to find solutions that make life easier for customers when they are looking for real estate services.

The problem that Dominium needs to solve

While the real estate market has a market capitalization of $ 217 trillion, it does not have the technology to become a truly lucrative and intuitive market for users in 2018. There are many important emerging technologies. It can reduce the concentration and financial hurdles that affect the market. Solutions can be seen on the blockchain platform that this company has decided to create

Dominant platform based on Blockchain technology

This platform is built on top of the Ardor blockchain. In case you do not know this particular blockchain, you probably know that it was an evolution from the previous Nxt blockchain. The Dominion Platform can be used to decentralize asset transactions and lease agreements, as well as other real estates actions such as asset management and purchase agreements.

The company will work in a perfectly legal manner in accordance with the laws of the countries in which the company will act. The assets that the company will create on the Ardor blockchain will be completely transparent and they will be easy to trade, as a way to increase the liquidity of the property, something that is hard on the real estate market.

The main goal of the Dominion platform is a great option for users who want to use multiple currencies and will offer a wide variety of options for real estate investments that can be made in a non-focused manner. Medium.

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The DOM platform's DOM token details

The DOM token that will support the Dominium platform can be used for a variety of operations. They can be used in the creation of new tokenized assets, to transact these properties, to list properties for rent or for sale on platforms, subscriptions, purchases and more.

All actions are set up in Euro. For example, you have to pay EUR 1 to buy or sell an asset and EUR 5 to register a purchase agreement on this platform.

The company has come up with a plan to increase the value of the tokens: recording DOM tags over time, which will reduce the total number of tokens and thus make them rarer in the market.

Dominium will announce the date and details of the token sale (before the ICO and the main ICO). If you sign up for an account and participate in company promotional events, you will be able to receive the DOM token on-air droplets. Check out the company's website for more information on this.

Team and project partners

The company was developed by a group of real estate professionals whose industry, according to the company's website, dates back to 1833 (it looked like a typing error in 1933). This group has experience running the electronic money portfolio, managing and managing millions of dollars and euros each year. The group has been interested in the blockchain since 2012 and has funded its own foundation.

The directors of the company were Sven Thomas Munte, Mark Lloyd, Marco Reimann, and Esther Dekker. Munte served as president of the Dominium and has been in asset management since the 1990s, as Lloyd's managing director and has developed six successful businesses; Reimann has been the chief financial officer and tax advisor since 2014 while working in auditions since 1996. Finally, Dekker is a wealth manager with more than 10 years in the real estate industry.

The company's main advisors are Jacco van Herwaarden (compliance advisor), Maarten Dirks (advisor), Paula Ruffel (legal adviser) and Gudo Thijssen (marketing consultant). The company is supported by Ardor platform and Auxesis Infotech design. The main partners are Confidon, Acarius, John Savva and Adpublisher.

Conclude

Dominium is a real estate platform that has realized the value of encrypting assets in this industry. Being a token, they can be easily liquidated and easy to sell. The staff involved in the company seems to be very experienced so we have good expectations about this company.

You can take a closer to Dominium by a look at the following links:

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