Some in the cryptocurrency space are already proclaiming Domini.art ($DOMI) is one of the top crypto coins to invest in right now. Those who join the presale now get to grow their capital by 440% by the time tokens are available on major exchanges.
A $50 investment in $DOMI today could be worth well over $5,000 within a year thanks to the innovative way the platform makes it more affordable to invest in high-end art and enjoy the rewards that follow. It’s one of the best DeFi projects to be launched this year, with the potential to earn investors substantial profit.
Domini.art ($DOMI) poised to be a top crypto coin within a year
The success of cryptocurrency projects isn’t that much different than that of any other business. Those who provide solutions to existing problems are typically the most successful ones. Domini.art ingeniously merges the power of non-fungible tokens (NFTs), smart contracts, and blockchain technology to open up high-art investments.
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The world’s wealthiest people often use high-end art investments to stabilize and diversify their portfolios. These prestigious works appreciate at a 7.6% rate per year, outperforming market indexes like the FTSE 100. Unlike stocks and other more conventional investments, the value of art typically isn’t dependent on financial markets.
Some of the world’s richest people have walked away with substantial profits by buying and reselling famous works of art. For example, the last person to sell Pablo Picasso’s Les Femmes d’Alger earned over $140 million in profits, buying the painting for $31.9 million and selling it for $179.4 million in 2015.
Unfortunately, entry barriers like the price of these famous works have historically prevented most people from diversifying their portfolios and earning profits from high-end art.
Domini.art aims to knock down these barriers by allowing investors to buy fractions of digital representatives of famous, high-end artworks. Here’s what the process looks like:
- Domini.art sends its art experts out to search for blue-chip art with a history of consistent price appreciation. A diverse range of artworks are selected to cover different styles and periods
- Promising artworks are acquired and stored in insured vaults controlled by Domini.art
- Each piece stored in the vault has a non-fungible token made to be its digital representation. Each ERC20 coin shares the value of the original work it represents
- Each NFT is fractionalized so investors can buy small portions of it. This way, thousands of people combine their funds to buy shares of famous works that cost millions of dollars and earn proportional profits
- The NFTs appreciate with the original work and investors can monitor their value through their Domini.art accounts. Investors can sell their NFTs anytime they want on the marketplace
Exploring how much a $50 investment in $DOMI will be in a few years
$DOMI tokens were sold for $0.0021 during the beta stage of the presale and prices have jumped to $0.002625 as it moves into its first stage, giving early investors 25% profits. A $50 investment would get you 23,809 tokens at current prices and a 10% bonus if you use the “DOMI10” promo code.
The total supply of $DOMI is limited to a billion and burn taxes shorten the supply by removing tokens from circulation. $DOMI would be priced at around a dollar if the project’s market capitalization reaches $1 billion. That means a $50 investment today could be worth over $23,000 when that occurs.
Low-utility meme coins like Shiba Inu ($SHIB) have been able to surpass a $4 billion market cap so there’s a solid chance Domini.art’s market share will surpass that number in the next few years. If that happens, a $50 investment would be worth over $95,000,
Summary
Domini.art is one of the most promising new DeFi projects in the cryptocurrency sphere and prices are set to grow exponentially once tokens are released. Its creative way of opening up investments in high-end art gives it substantial long-term growth potential.
Learn more about $DOMI here:
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Source: https://www.analyticsinsight.net/could-putting-50-into-domi-yield-a-5k-return-post-debut/