Zug, Switzerland, June 10, 2021 / PRNewswire / – A new and unique cryptocurrency, the DNS, designed to link the advantages of the crypto and real estate worlds, is announced by the Swiss company Dynasty Global Investments SA. D ¥ NS will be linked to ultra-premium real estate assets acquired by Dynasty in major centers around the world.
“By linking D ¥ NS to real estate, we want to bring more strength and credibility to the market,” said Dynasty co-founder and CEO, Eduardo Carvalho. In total, 21 million D ¥ NS tokens will be issued in four tranches, starting from July 01 through major crypto exchanges. As the tokens are sold, the funds will be used to acquire more ultra-premium real estate. With the income from the properties, Dynasty will buy back D ¥ NS from the market to be burnt, increasing their scarcity.
The company is already building its real estate portfolio with the purchase of nearly 1,000 m² of high-end commercial offices in that of Sao Paulo prestigious avenue Faria Lima, worth 27,695,000 BRL ($ 5.48 million). Additional properties being assessed for acquisition can be found in cities such as new York, London, Hong Kong and Singapore.
It is no coincidence that successful Brazilian entrepreneurs Eduardo Carvalho and Fabio Asdurien chose the Swiss canton of Zug as the headquarters of Dynasty when they created the company in 2016. The region, known as Crypto Valley, is home to a number of cryptocurrency-related businesses committed to the region’s globally recognized rules, set up to regulate the use of blockchain technology. Dynasty also follows strict rules to prevent money laundering, including the Know Your Client Principles of 1988, developed in Basel, with a careful process to identify buyers of its DNS tokens.
Carvalho started his entrepreneurial career very early, dropping out of college to start his first business venture at the age of 19. He has developed experience in the high-end real estate market as COO of Imovel A, a real estate company specializing in the sale of luxury real estate. Co-founder Asdurian is also a seasoned retail entrepreneur, with a number of innovative e-commerce concepts in Latin America involving major global brands, launched from his homeland. Brazil.
The launch of the D ¥ NS coincides with Carvalho’s participation in this year’s Ritossa Family Office Investment Summit in Monte Carlo, from June 30th. He will make presentations and hold meetings at the event, considered the largest and most influential gathering of family wealth, representing 4.5 trillion USD in assets.
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SOURCE Dynasty Global Investments AG