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Wednesday, 14 November 2018

Dominium Project Review - global decentralized property management & real estate platform

Dominium Project Review, Blockchain, Cryptocurrency

Introduction:



Dominium is a global, decentralized and regulated real estate and property management platform. The platform provides real estate investors to take part in the industry without having a very big initial investment and provides real estate companies or parties to put sales or rentals up on the platform to be taken while asking for any kind of verification they might require. The users would also be subjected to comply with KYC and AML regulations in order to use the full functionalities of the platform.

The platform is built on a Child Chain of Nxt blockchain technology's Ardor platform which makes the trading of assets and all property transactions decentralized and transparent.

The platform will operate two tokens, one of which will be a utility token while the other one would be called the security token. The utility token, called DOM, will be used to pay transaction fees on the platform, while the security token will represent property funds and project finances etc.


The problem of the global real estate market:



The global real estate market is extremely huge, covering over 217 trillion worth of USD, but it still has some flaws in it. Lack of technology, complex regulations, centralization from authorities or agents, and language and financial barriers are making it less accessible for a vast majority who are interested to be a part of the industry.

Solution by Dominium Platform:



Dominium platform performs property management, finances, and listings on the blockchain thus making them completely transparent clearing any risks for both of the parties involved in a trade. The platform is multi-lingual and provides standard regulatory compliant documentation which makes the market open for multiple nationalities. It also increases affordability which means that any individual without having any big or identical initial investment can also afford to invest in real estate. The platform thus facilitates and simplifies real estate finances and management to a large extent.

Token Information:


Details:

Symbol: DOM
Price: 0.25 EURO
Soft cap: 2,500,000 EURO
Hard cap: 17,500,000 EURO

Distribution:

Total Supply: 1,000,000,000 DOM


Seed Round: 100,000,000 DOM

Pre-ITO: 100,000,000 DOM

ITO: 500,000,000 DOM

Referral Program: 40,000,000 DOM

Airdrop: 40,000,000 DOM

Bounty: 20,000,000 DOM

Founders: 100,000,000 DOM

Directors: 25,000,000 DOM

Advisors: 25,000,000 DOM

Reserves: 50,000,000 DOM

Project Links:


Author's Details:

Bitcointalk Username:
Raihan Shakeel

Profile Link:

Eth Address:
0x3c811A667C9A129911c7dad7238194C5F49b5cB5
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Item Reviewed: Dominium Project Review - global decentralized property management & real estate platform Description: A Review About Dominium is a global, decentralized and regulated real estate and property management platform. Rating: 5 Reviewed By: Faheem Ahmed
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