Coinciding with Kuningan Day and the day Bitcoin rose again to $21,000, at the Kimaya Braga Hotel, Bandung, the Digital Asset Academy (DAC), a digital asset education institute of 130,000 students, launched CoinRealtor.ID, a property asset tokenization platform with DCGT digital assets.
Dr. Sulistya Putra as Ambassador of CoinRealtor Indonesia stated that this is DAC’s concrete solution to overcome the threat of a global economic recession in 2023 including the property market crisis.
“This launch is very important in the midst of the crypto winter period which made the prices of thousands of crypto assets drop very low due to not having any collateral for physical assets. Meanwhile CoinRealtor.ID provides digital asset or cryptocurrency solutions that are secured with high value physical property assets,” said DR. . Son.
CoinRealtor.ID is a solution to improve people’s welfare, especially to have paid off houses and raise property with affordable capital, without years of installments, without usury, without the risk of foreclosure, free to choose the location of the house anywhere.
Digital Asset Academy provides a solution for owning a house of Rp. 1 billion and above with a down payment starting from Rp. 8,750,000, pay only 1 time and get DCGT digital assets immediately.
DCGT owners can acquire property passively by increasing the price of tokens according to property prices or by actively educating the public about the CoinRealtor.ID solution. This property token platform will contribute to stimulating the property market.
Asset tokenization technology is a way to convert the value of physical assets into digital tokens using blockchain technology. In general, physical assets such as gold bars, diamonds, minerals, maestro paintings, and property are stated in paper certificates that have been known for a long time.
Currently in the digital era, a blockchain-based digital certificate is required. In the digital world, the value of physical assets is converted into smart contracts into digital tokens on the blockchain network. Blockchain technology is used to store token values and transfer ownership of tokens.
CoinRealtor.ID is a platform for property asset tokenization around the world. This platform is useful for increasing liquidity and accessibility of property assets, transaction automation and efficiency, as well as transparency for better, safer, more reliable asset management, maintaining privacy, instant payments, and more cost-effective.
The CoinRealtor.ID platform combines global trends in digital assets and property assets as solid fundamentals. CoinRealtor.ID is not a conventional property agent that sells physical buildings but rather presents cryptocurrency secured with property assets.
Property tokens are more reliable and stable than traditional cryptocurrencies, as they have the security of real assets, their value is backed by the property market, and are less affected by the volatile crypto market.
CoinRealtor.ID’s inaugural project is the tokenization of Grove Apartments in Dubai Creek Beach by issuing DCGT (Dubai Creek Grove Token). It’s the only apartment complex with a 700 meter private beach on Dubai Creek Harbour.
Dubai’s new city center covering an area of 5.5 million hectares was developed by EMAAR, one of the world’s largest property developers who built the world’s tallest building Burj Khalifa and will now build Dubai Creek Tower as the world’s tallest tower 1345 meters near Grove apartments.
CoinRealtor issued a total of 38,003,000 DCGT issues with 38,003 square feet of tokenized assets. So 1 DCGT is equivalent to 0.001 square feet of Grove Apartments in Dubai. The first stage emission token is 8,540,000 DCGT. After entering the 2025-2026 buyback period, DCGT owners can exchange their tokens for Grove apartment units if the value is sufficient. You can also exchange DCGT for U$CR or USDT which can be disbursed in cash.
CoinRealtor participants get the following DCGT privileges:
1. Store values
DCGT property token prices will increase as property prices increase. The token minimum price is guaranteed by the property price so it will never lose value.
2. Fractional ownership of property
Anyone can purchase property-backed DCGT tokens from as little as 0.001 square feet. In traditional property, it is not possible to buy fractional parts of an apartment or house. DCGT tokens can also be exchanged for Grove apartment units if the value is sufficient to match the property price.
3. Hedging
The DCGT property token price will rise higher than bank interest so it is a good hedging solution to overcome inflation.
4. More liquid
Selling physical property takes longer. But selling property tokens is faster and easier.
5. Zero maintenance costs
You do not need to pay utility bills, security and other maintenance costs to own property tokens.
DAC’s mission in presenting the CoinRealtor.ID platform is to open opportunities for the wider community to benefit from tokenized properties. In addition, it also provides a solution for the community to own a paid off house or raise property without debt in a way that is better, faster, more halal and more profitable than KPR.
The CoinRealtor.ID launch event was marked by DR. Sulistya Putra as the Founder of the Digital Asset Academy to the Regional Directors of DAC, namely Lola Haryanti (RD Java 1), Frans Limbong (RD Java 2, Kalimantan, Sulawesi), Gede Fedry Mahendranata (RD Jakarta, Sumatra, Bali), Piter Pello (RD NTT, Maluku, Papua), as well as DAC Branch Managers, namely Jason Gultom (BM DAC Bandung), Yanto Heriyanto (BM DAC Karawang), and Agus Nugraha (BM DAC Depok).
After the launch of CoinRealtor.ID the event was continued with Mind Power Revolution super training to tune up the brain, program a money magnet mindset, and activate beneficial mind power to improve the quality of life of Digital Asset Academy partners so they can live healthier, more harmonious, more successful lives , happier, and achieve targets according to the goal setting of 2023.
Digital Asset Academy would like to thank the government of the Republic of Indonesia, the Association of Indonesian Real Estate Companies (REI), the Indonesian Blockchain Association, CoinRealtor management, Agents, VIP Agents of InfluenceClub.One, digital asset investors who own DCGT, owners and management of crypto exchanges in Indonesia, crypto and web3 educators, all crypto communities, and the big Digital Asset Academy family around the world.
