Innovative D¥NS cryptocurrency makes its debut at major exchanges worldwide
by: Dynasty GI2021-07-01
Dynasty Global Investments AG’s unique cryptocurrency, the D¥NS, made its debut on four major global exchanges on July 1st, trading on Exmarkets, Latoken, Probit and P2PB2B.
The release via global exchanges follows a successful round of private sales to investors that met the company’s targets.
In all, 21 million D¥NS tokens already issued will be released in the market in four yearly tranches of 5.25 million tokens each, the first one being made available now. Dynasty also expects to increase the number of participating exchanges, with six more being targeted for a roll out later in the year. A unique cryptocurrency, the D¥NS are designed to bring together the benefits of both the crypto and real estate worlds by using the very best of blockchain technology linked to ultra-premium, ‘Triple A’ property assets to be acquired by Dynasty in major cities around the world. The release of the first tranche of D¥NS coincides with Dynasty’s participation at this year’s Ritossa Family Office Investment Summit in Monte Carlo, due to end on Friday, July 2nd. There, co-founders Eduardo Carvalho and Fabio Asdurian are making presentations and holding meetings with potential investors at an event that is considered the largest and most influential gathering of family wealth, representing USD 4.5 trillion in global assets. “This is an important segment, as family offices may set aside 3 to 5% of their wealth to invest in cryptos”, said Carvalho at the meeting.
"“Considering the positive reception we are having here in Monaco and the success so far in our sales to private investors, we are confident that the D¥NS will be well received by those who will prefer to invest through crypto exchanges”, added Asdurian."
As the ERC-20 tokens are traded through the world’s major crypto exchanges, the funds generated will be used to acquire real estate assets worldwide. With the income generated from these assets, Dynasty will buy back tokens through the exchanges and "burn" them, i.e. destroy those tokens, leading to increased scarcity. The company started building its property portfolio even before the D¥NS’ IEO by acquiring nearly 1,000 sqm of high-end commercial real estate in Sao Paulo’s most prestigious financial avenue, for BRL 27,695,000 (USD 5,619,000). Additional properties are being assessed for acquisition in major cities like New York, London, Seoul and Singapore.