Many people do not trust the cryptocurrency market. That happens because they can’t understand how the cryptocurrencies are valuable and why they have a certain price. As the financial market was mostly for the big players until recently, many are still afraid to invest. That is why some companies are starting to create strategies to change these views.
Many new companies are creating cryptocurrencies which are backed by real assets. The company that we will review in this article, DomusCoin, is one of them.
What is DomusCoin?
DomusCoin presents itself as the first guaranteed cryptocurrency in history. That is not really true, but it does say a lot about the goals and priorities of this company. The main difference that this company has too many of the other companies that say that you can trust in them is that DomusCoins is an actual bank. The company has offices in London and Dubai.
The company states that its tokens have “real value” because it has assets like properties in many prestigious cities around the globe. You will be able to see these assets when you buy the cryptocurrency. If fiat currency had its worth in gold in the past, DomusCoins will have their worth in assets.
How Does DomusCoin Work?
DomusCoins have three main uses: you can use them as any cryptocurrency, in which case you spend them to buy goods or you can sell them in the market for profit; you can hold them to receive profits from the rental and sales of the properties that the company has and you can use them to pay for rent in properties owned by the company.
This will mean that not only you can use these tokens to buy products, but you will also be a shareholder of real estate in Europe and in the Middle East if you hold them. Basically, by doing this, the company plans to bridge the gap between these markets and increase the number of people investing in cryptocurrencies all around the world.
The payment of the dividends by holding theDomusCoins tokens are made monthly via smart contracts.
How to Invest in DomusCoins?
If DomusCoins sounded like a nice investment for you, you should think about acquiring some of the tokens of this company. You will have a chance to do this is in the upcoming Initial Coin Offering (ICO). The sale will begin on March 1 and it will last during the whole month.
The price per token is $1 USD per 1 DOC token. You can purchase tokens from DomusCoins by using fiat currency and making a bank transfer (you do not even need a credit card) or using other popular cryptocurrencies like Bitcoin and Ethereum. If you register in the company’s whitelist, you will be able to get a discount of 10% when the sale starts.
The DomusCoin DOC ICO Verdict
Is this a good investment for you? Yes, we can say that DomusCoin seems to be a company in which you can actually invest without needing to be afraid that you might be making a bad investment by giving it a chance. That happens because real estate, which backs the tokens, is generally a very profitable investment that does not have much risk.
As the team of DomusCoins seems pretty experienced, there does not seem to be many risks involved in investing in DomusCoins right now. Also, your return on investment will probably be fast.
If you liked this company, there is no reason not to invest in it. DomusCoins seems like a very interesting company that might hold a good amount of profit for you. Obviously, we still do not know how much profitable it will be in the future, but we can guess that this might be a good investment for you.