HOW DOMINIUM WORKS
In order to engage in the real estate industry, Dominium must comply with basic governmental regulations. Specifically, it is necessary to comply with know-your-customer (KYC) and anti-money laundering (AML) laws. Consequently, participators in Dominium must register with the platform in order to unlock full platform functionality.
The verification process has three clearance levels and includes the providing of:
- Email address (CL1)
- Mobile phone (CL1)
- Valid ID (Passport, Photo ID, Driving license) (CL1)
- Recent proof of address (such as utility bill or bank statement) (CL2)
- Tax Identification Number (TIN) (CL2)
- Bank account details in the name of the account holder (CL2)
- Self-Certification of HNW status or Investor Type status (CL3)
Companies may also create a tokenised asset (or security) on the platform. Platform Administrators verify these companies after complying with a slightly different set of verifications, which vary somewhat by country.
Verified details will usually include:
- Country
- Company details (certificate of incorporation, memorandum of articles, etc)
- Company registration number
- Company registered address
- Contact person position at company
- Contact details of company (telephone, email, address, website)
- Contact details of the contact person
ICO DETAILS
Dominium does not and will not create equity tokens that represent ownership of an asset. Rather, the Company has decided to instead offer a utility token. This token is called the DOM token. DOM tokens will be used to pay for all activities on the Dominium platform, including:
- 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
While fees charged on Dominium will be charged in Euro, they can only be paid in DOM tokens, thereby insuring their continual use.
The SOFT CAP for the ITO will be €2,500,000
The HARD CAP for the ITO will be €17,500,000
The TOTAL SUPPLY for the ITO will be 1,000,000,000 (one billion) DOM tokens
- Currencies accepted: EUR, BTC, ETH, BCH, LTC, BNB, NXT, ARDR, IGNIS
- Seed round: 100,000,000 DOM tokens (SOLD OUT)
- Pre-ITO 100,000,000 DOM tokens at €0.05 per DOM token (CLOSED)
- ITO 500,000,000 DOM tokens at various prices as per the below table:
Phase I (starting 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 (once phase I has sold out and the funds have been invested in property) 125,000,001 to 250,000,000 DOM tokens at €0.15 per DOM token
Phase III (once phase II has sold out and the funds have been invested in property) 250,000,001 to 375,000,000 DOM tokens at €0.20 per DOM token
Phase IV (once phase III has sold out and the funds have been invested in property) 375,000,001 to 500,000,000 DOM tokens at €0.25 per DOM token
- Other Distributions
Referral Program - 40,000,000 DOM tokens
Airdrop - 40,000,000 DOM tokens
Bounty Program - 20,000,000 DOM tokens
- Remaining Tokens
Founders 100,000,000 DOM tokens
Directors 25,000,000 DOM tokens
Advisors 25,000,000 DOM tokens
The remaining 50,000,000 DOM tokens are kept for reserves for additions to the team and bonuses and marketing purposes.
ROADMAP
MEET THE TEAM
THANK YOU FOR READING
To know more about this project, you can visit:
- Website: https://dominium.me/
- Telegram: https://t.me/dominium_en
- Whitepaper:https://dominium.me/sites/default/files/Dominium%20White%20Paper%2020181001.pdf
- Facebook: https://www.facebook.com/Dominium.me/
- Twitter: https://twitter.com/Dominium_me
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1956531
ETH Address: 0xAb5501225C2E6c0500d6bc5Aaf419a9D34b40EB0