DOMINIUM’S DECENTRALISED REAL ESTATE PLATFORM

in #blockchain6 years ago

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One of the best and safest investment opportunities that people explore is the real estate investment. This is so because of its numerous advantages which include: it is a physical asset and allows for portfolio diversification, it is risk free over a long period of time, and it provides security to investors and many others. Real estate investment is growing worldwide due to these advantages and some other factors and it is evident from the most recent report from Morgan Stanley Capital International (MSCI) which states that the global real estate market grew 15% from $7.4 trillion in 2016 to $8.5 trillion in 2017. Despites these achievements by the real estate investment, there are some drawbacks that needs to be addressed in order to improve its ease of use. The major drawback to real estate investment is illiquidity and the other is high entry amount which make it accessible only to people with high-net-worth or less affluent individuals who combine their savings to invest in this real estate investment. There are some solutions to address these challenges but they are not sufficient and hence the inception of Dominium.

Dominium is a decentralised, international, regulated platform for property financing, property listing and property management. Dominium provides the platform where property financing, property listing and property management are put on the blockchain. It is a multi-language platform and hence people from different nations can access it. Dominium offers two main platforms or services with the first being for investing in real estate. With this, you only require as little as one share or token in order to open up a real estate investment through the decentralised asset exchange. This will allow investors to trade funds among themselves in a peer to peer manner without the need for a third party. The second platform is for the management of individual properties using the blockchain technology. With the use of the blockchain, property managers, agents, tenants and real estate professional can record information and the decentralized information system will bring transparency and smoothness into property management and renting business.
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In order to use this platform one has to be registered and pass know-your-customer and anti-money laundering laws to unlock the functions of the platform. There are three clearance levels for individual verifications. The first clearance level requires an email address, mobile phone and a valid ID (passport, driving license, Photo ID). The second requires current proof of address such as utility bill or bank statement, Tax Identification Number and Bank account details whilst the third clearance level requires Self-Certfication of High Net Worth status. Companies who wish to join the Dominium platform are verified by platform administrators. The details that are required for verification include country, company registration number, company registered address, company details (certificate of incorporation, memorandum of articles), contact details (telephone, email, website, address) and contact person at the company and his/her details.
In order to raise fund to support Dominium’s platform, Dominium has supplied a total of 1,000,000,000 DOM tokens for initial token offering with a soft cap of €2,500,000 and a hard cap of €92,500,000. The DOM token is a utility token that will be used for the activities of the platform. Pre-ITO has successfully ended and ITO is currently running. It is in four phases which are:
Phase I (started on the 3rd of September 2018 at 12:00 CET) 0 to 125,000,000 DOM tokens at €0.10 per DOM token
Phase II (start from the end of sale of the 125,000,000 DOM tokens from phase I) 125,000,001 to 250,000,000 DOM tokens at €0.15 per DOM token
Phase III (start from end of sale of the 125,000,000 DOM tokens from phase II) 250,000,001 to 375,000,000 DOM tokens at €0.20 per DOM token
Phase IV (start from end of sale of 125,000,000 DOM tokens from phase III ) 375,000,001 to 500,000,000 DOM tokens at €0.25 per DOM token.

Roadmap
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The Team
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Useful Links
Telegram: https://t.me/dominium_en
Website: https://dominium.me/
Bitcointalk thread: https://bitcointalk.org/index.php?topic=4989887.msg45009988#msg45009988

Author: Caxton10
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2070123

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Looks simple and appealing dude

Yeah man. It's a great project

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