The overview is good but I will not invest in something that can't even afford to buy a .com TLD domain names.
This will likely to go exit s c a m
Hi there,
Why don't you have a good look at the companies behind the project. Munte has been around since 1833 and all directors have successful businesses. We selected Dominium as it means something in Latin that is close to our hearts. The .com domain was already taken by a group of consultants, but that is not an issue to us. Just keep following our project, more we cannot ask, but do not make statements you cannot back up please.
Best regards,
The Dominium Team
Let's see if this project will stay longer as compared to other similar projects. Property business via blockchain is too complex. Simple as it seems, but there's a lot more to do here. That's why most of the real-estate projects ended up in trading and not really into their business.
Hi Twinkle,
That is actually incorrect. All the tools are already there and this is why we choose Ardor. They have controlled Assets and phased transactions, which are two important aspects to make this platform work in the regulatory world. We have not seen a project that is similar to Dominium, as most real estate projects either tokenise property (legal issues) or tokenise funds (no difference to non tokenised funds as regulation still applies).
We are first building the platform with our own property funds and our own properties and once fully funcional will apply for an umbrella license so others may create funds in a regulatory correct way and with standardised documentation. If there is a similar project out there, do let us know.
Once we connect to the testnet of Ardor it will all become a lot more clear to everyone where we are going with this, but rest assured we will stay for the course.
Best regards,
The Dominium Team