What is DPT (Desert Peal Token)?
Within Dubai's visionary landscape, the Desert Pearl project emerges as an unparalleled masterpiece, a testament to grandeur and innovation. Spanning vast horizons, it solidifies its place as the largest and most ambitious singular real estate endeavor Dubai has ever embarked upon. The DPT token stands as a digital representation of every facet, aspiration, and value woven into this remarkable undertaking.
How can the token value increase? Do I need to wait until 2029?
The token's value can increase over time, similar to real estate projects. Dubai plans to sell apartments to major investors around 2023/2024, potentially increasing the token's value. The strategy involves having large investors buy 50% of the market, which raises the token's price. Does this mean the token will triple in value? The calculation is based on a total project cost of 10 billion dollars, and historical data suggests such projects increase values by a factor of 7. In summary: The token's value is backed by the project itself, making it asset-backed. However, while a guarantee isn't possible, historically, such tokens tend to maintain or increase in value.
What are the advantages of the DPT token?
The token represents an exceptional avenue for safeguarding against inflation, as it stands as an asset-backed token poised for remarkable growth within Dubai's thriving real estate sector. Dubai's pioneering role in the realm of tokenization contributes to rendering such endeavors more inclusive for a wider audience. Notably, the historical trend indicates a substantial 7 times appreciation in property value compared to construction costs in Dubai over a span of 5 years. By embracing this token, individuals have the opportunity to not only shield themselves from the adverse impacts of inflation but also to potentially enjoy secure and robust returns. This novel approach aligns with the vision of reaping rewards rather than succumbing to considerable losses that often accompany inflationary pressures.
Is the design of Desert Pearl final?
Not completely. Following the joint release event of Safir alongside key Dubai representatives, His Highness Sheikh Manaa Bin Hasher Al Maktoum has ordered a few additions and modifications that are currently being incorporated.
Why does a masternode cost around 15'000 EURO?
The Desert Pearl represents one of Dubai's most ambitious projects to date. And like a luxury sports car, this project embodies quality and excellence. This illustrates why participation doesn't come at a bargain. If owning a complete masternode is beyond your budget, you are still in luck. There is the option to purchase shares.
What factors can contribute to the increase in the token's value?
When purchasing an apartment, 50% of the price must be paid in tokens. This continual demand for tokens in the market is expected to contribute to a strong upward movement in the token's price. For instance, if an apartment is sold for an average of €15'000'000 - about triple its construction cost - this means the buyer must acquire €7'500'000 (50%) worth of tokens on the market for one apartment. With approximately 1600 apartments available, a very substantial influx of liquidity can be anticipated in the markets.
Can the token fall to zero ($0)
The value of the token cannot drop to zero, as is the case with other projects. It is asset-backed by the project itself. The key distinction that makes this attractive to affluent individuals is that while a regular token could potentially plummet to zero, an asset-backed token will always maintain a value equivalent to the total worth of the real estate divided by the number of tokens. Historical data from Dubai indicates a consistent sevenfold increase between construction costs and the property's value after five years. For instance, if the token begins at a value of $1, a sevenfold surge would elevate it to $7. Nevertheless, market conditions possess the potential to propel the token's value even further, surpassing this historical benchmark.
How long is the Desert Pearl minting expected to go on?
Technically the minting goes on for more than 60 years. However, caused by the time halving each minter will only generate significant amounts of token for about 10 years.
What will be the maximum number of masternodes?
As soon as the project development costs of $10 billion is reached the sale of minters will be stopped. It is expected that the final number will be approximate 650 thousand minters.
What will be the maximum supply?
The theoretical maximum supply is about 45 billion token.
How does the tokonomics work?
The tokonomics of DPT are easy to understand: The funds collected from selling the minters cover the project development costs. All the tokens generated by the minters represent the entire property market value. Historical data indicates that in Dubai's luxury segment, the ratio between construction costs and property value typically increases by about 7 times after 5 years. Therefore, a similar fundamental factor can reasonably be anticipated here. Considering the distinctiveness of the project and the 50% token payment requirement (for appartments), an even greater token value is highly plausible.
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