(ICO) DOMINIUM - Decentralised, Regulated, Property Financing, Prop...

Hi, everybody. Today's article will be about an interesting project Dominium.

Dominium is being developed by a group of real estate professionals with industry experience dating back to 1833. We run property portfolios, funds and developments and have hundreds of millions of euros of assets under management. We have been looking at blockchain technology since 2012 and have self-funded the initial development of the Dominium platform. We are committing our capital, expertise and property to Dominium with the transfer of several million euros worth of real estate assets from the founders' companies to Dominium.

Dominium is being developed by industry professionals as a tool to improve services to their existing and future clients, having identified weaknesses in their own market. Using third generation blockchain technology to modernise one of the most established yet antiquated industries in the world, Dominium is an international platform on which regulatory documentation for property funding is standardised, and assets are placed on the blockchain alongside property sales, rentals and management.

The Dominium platform is built on an Ardor childchain which evolved from the time-tested Nxt blockchain. The Dominium childchain decentralises 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 standardised 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 Solution
The global real estate market is worth 217 trillion USD but has antiquated technologies, is subject to complex regulation and limited by centralisation from authorities, agents and financial institutions. Languages and financial barriers also affect the market, making it a lucrative but often inaccessible space. By placing property finance, listings and property management on the blockchain and by providing a multi-lingual platform with standardised 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.

ROADMAP

Token Sale Details

Total Token Supply 1,000,000,000 DOM
Number of tokens for sale 700,000,000 DOM
Seed round (Sold out) 100,000,000 DOM
Pre-ITO / Private Sale - €0.05 per DOM (Whitelisting started on 01/07/2018) 100,000,000 DOM
Private Sale Bonus (from reserves) Up to 20% depending on contribution
Minimum purchase during pre-ITO / Private Sale 10,000 DOM
ITO Phase I - €0.10 per DOM (Starts at 03/09/2018 12:00 CET) 125,000,000 DOM
ITO Phase II - €0.15 per DOM (Starts as soon as Phase I is sold out) 125,000,000 DOM
ITO Phase III - €0.20 per DOM (Starts as soon as Phase II is sold out) 125,000,000 DOM
ITO Phase IV - €0.25 per DOM (Starts as soon as Phase III is sold out) 125,000,000 DOM
Minimum purchase during public sale 100 DOM
Founders / Team / Advisors (for this property assets have been transferred to Dominium B.V.) 200,000,000 DOM
Airdrop / Referral Program / Bounties / Bonuses 100,000,000 DOM
Soft cap €2,500,000
Hard cap €92,500,000

Whitelisting for Pre-ITO started 01/07/2018
Most of ITO money raised goes to buying property portfolios in the Netherlands, Germany and the UK
Currencies accepted EUR, BTC, ETH, BCH, LTC, NXT, ARDOR, IGNIS

Token Values

DOM tokens are used to pay for all activities on the platform, such as:

Creation of Assets
Trading of Assets
Creation of support tickets
Voting for charities
Listing a property for sale
Listing a property for rent
Registering a rental agreement
Registering a purchase agreement
Fees charged on DOMINIUM are charged in EURO, but can only be paid in DOM tokens:

€0,25 for each support ticket creation
€0,50 to vote for a charity
€1,00 to buy an Asset
€1,00 to sell an Asset
€1,00 to list a property
€2,50 to register a rental agreement
€5,00 to register a purchase agreement
€500 to create a non-regulated Asset (exempt)
€2,500 to create a regulated Asset
Token Burn Program

All DOM tokens collected on DOMINIUM and acquired via the buy-back program will be collected in a multi-signatory account, of which the company supervisor, Confidon, will be a signatory. These tokens will therefore be taken out of circulation upon deposit in the account and will be burned (destroyed) every year, or as required. Token burns will be audited and publicly announced.

This makes the DOM token one of the few tokens with a diminishing supply!!!

Buy-Back Program

Dominium’s token buy-back program ensures token value is maintained regardless of cryptocurrency market fluctuations or platform performance. This in turn will have a stabilising effect on the DOM token, much like gold backed tokens (DGD) or currency backed tokens (USDT).

The income generated by the platform and Dominium B.V. will be used to buy back the tokens regularly, which will ensure a steady demand for the token.