Dominium ICO Details
Learn all there is to know about the Dominium initial coin offering.
Dominium is building a decentralized platform for everything to do with a property, from property financing (funds, bonds, loan notes, REIT’s, etc.) to property maintenance, but also property rentals and...
Dominium is building a decentralized platform for everything to do with a property, from property financing (funds, bonds, loan notes, REIT’s, etc.) to property maintenance, but also property rentals and sales. Essentially Dominium aims to be the de-facto property portal in the world.
The platform 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. By using Ardor's blockchain technology, they plan to modernize one of the most established yet antiquated industries in the world.
Dominium is an international platform (already in 15+ languages) on which regulatory documentation for property funding will be standardized and controlled tokenized assets are placed on the blockchain alongside property sales, rentals, and management. Users can register property transactions on the blockchain, leveraging the ledger’s characteristics of immutability and transparency that is much required in the real state market. It enables users to sell or buy a property without a middleman and for low fees.
How does the project plan to add value to the ecosystem:
- The Dominium platform will be regulated, which ensures that the controlled tokenized assets will also be regulated.
- Dominium will be an all-encompassing platform for property where you can literally rent, buy and sell a property, but also record all property management actions (repairs, etc.) and make investments in regulated property funds.
- Dominium will add standardized legal documentation for property funds, so people interested in setting up property funds can do so in days, rather than months, and for a fraction of what it costs now.
- Investors can look through standardized documents, thus saving them a tremendous amount of time and as Dominium will be providing an umbrella license, the funds will all abide by the appropriate regulations. The investors will also be able to invest from as little as €1.
- Dominium is underwritten by a portfolio of property assets generating an income and ensuring the future development and maintenance of the platform.
- Sven-Thomas Munte: Chairman.
- Mark Lloyd: Managing Director.
- Marco Reimann: Finance Director.
- Drs. Esther Dekker: Property Director.
The Dominium Pre-ITO started on the 15th of August, 2018 and is expected to end on the 31st of August, 2018. The pre-ITO token supply represents 10% of the total token supply, so there is a total of 100,000,000 DOM tokens available, for 0.05 EUR each.
The Dominium ITO will begin on the 3rd of September, 2018. The ITO token supply represents 70% of the total token supply, so there is a total of 700,000,000 DOM tokens available, for 0.10 EUR each. The ITO funding target is 2,500,000 EUR, the funding cap is 17,500,000 EUR and is expected to end on the 31st of December, 2018 or when the funding cap is reached.
Token Reserve Split (30%):
- 20% Founders / Team / Advisors;
- 10% Airdrop / Referral Program / Bounties / Bonuses
Dominium ICO features a bounty campaign as well as the following bonus structure.
- Pre-ITO: 5% 1,000,000+ DOM;
- 10% 2,500,000+ DOM;
- 15% 5,000,000+ DOM;
- 20% 7,500,000+ DOM;
- 25% 10,000,000+ DOM
- ITO: €0.10 up to 125,000,000 tokens sold;
- €0.15 up to 250,000,000 tokens sold;
- €0.20 up to 375,000,000 tokens sold;
- €0.25 up to 500,000,000 tokens sold