Eduardo Carvalho, CEO
The cryptocurrency market is seen as highly speculative and volatile and is often compared to gambling. As such, the real benchmark of value for digital assets is missing. Keeping this in mind, Dynasty Global Investments AG has introduced that benchmark through an asset that is well known to most people—real estate. “It is relatively easy to understand the value of a real estate asset in a large financial centre or which location can generate good profitability,” says Eduardo Carvalho, CEO, Dynasty Global Investments AG. “Now bringing together cryptocurrency technology with real estate security, we have introduced our cryptocurrency, D¥NS.”
The whole idea is for D¥NS to be limited, therefore there are 21 million units of tokens that will be distributed in four tranches, one each year, starting in 2021. To maintain the scarcity of D¥NS, Dynasty Global leans on a procedure called buy-back and burn. To perform this procedure, the company receives a monthly income by the tenants of its real estate assets and, after paying operating expenses, uses the profit to repurchase the D¥NS in the market and burn them. This is done to reduce the total supply of D¥NS and establish a trend of appreciation for the token holders that held the D¥NS in their power.
Dynasty Global was the first company to acquire a premium asset prior to the D¥NS public offering. The entire product thesis was developed and delivered even before its launch, which proved the ability to execute a global project.
Bringing together cryptocurrency technology with real estate security, we have introduced our cryptocurrency
It is now focused on an expansion to other countries in Europe and Asia. “We were the first company in Brazil to provide 100 percent capital with the use of cryptocurrency, and in this case, we used D¥NS,” adds Carvalho. With this pioneering action, it is now possible for other companies to be established in Brazil by paying capital in cryptocurrencies. This makes it much easier for international entrepreneurs who wish to establish their companies in Brazil or for Brazilians who have cryptocurrencies in their portfolio and wish to establish their companies.
In fact, in June 2021, a residential apartment was acquired with full payment in D¥NS. This demonstrates that it is possible to use a cryptocurrency with reference in real estate to acquire real estate assets. More importantly, it provides the seller (who accepted the currency as a form of payment) with the capability of obtaining liquidity much faster than the traditional sale involving banks and real estate financing agents. Overall, the owner captures a fairer value for its real estate asset and still can gain profits in the medium and long term if the D¥NS are kept.
What keeps Dynasty Global always a step ahead of the competition is its indomitable zeal to keep abreast of the market trends and be resilient to any challenge. To elucidate, the pandemic has impelled organizations to transition to a hybrid model of working. Video conferences are here to stay, and offices should offer a hybrid work model. However, this trend does not reduce the need for companies to have physical spaces for their headquarters; they will only have to be adapted. The state of affairs for Dynasty Global was no different. In fact, it had to postpone the product launch several times—but when this happened, it was a success! “In several difficult moments we were tested and if we didn’t really believe in our product, we would have probably given up,” says Carvalho.
Having carved a unique niche, Dynasty Global is in the process of opening a new office in Dubai. This region has shown great interest in D¥NS and the Dynasty business model. The company is developing integrations with payment methods and ATMs to expand the use of D¥NS in people’s daily lives. “I always encourage entrepreneurs to be resilient and reach the stage of being able to offer their products to customers. When the product you idealised reaches your customers, even at an early stage, the experience in improving it is very enriching,” concludes Carvalho.