Domini. art ($DOMI) is one of the best cryptos to invest in right now as its presale enters into its first stage. Early investors who acquired $DOMI during the event’s beta stage are up 20% and set to grow their holdings by 420% more by the time the event ends.
Stellar ($XLM) and Avalanche ($AVAX) investors haven’t been as fortunate they watched the value of their bags drop by over 11% and 17% respectively in the past month. Some of the people who backed these projects are now swapping their holdings for $DOMI since they can make back all their losses when its presale moves into its next stage.
Domini.art takes on blue-chip art markets by coming up with a protocol that allows investors who don’t have millions of dollars to spend on high-end art to buy shares or fractions of non-fungible tokens (commonly called NFTs or ERC20 coins) that represent original artworks stored in bonded vaults.
What you'll learn 👉
Domini.art’s ingenious solution makes it one of the best cryptos to invest in
Domini.art is one of the best DeFi projects to be launched this year thanks to the creative solution it offers those who have been traditionally shut out of high-end art markets due to not being able to afford the works sold at these events.
As a result, they miss out on all the benefits of investing in art like the 7.6% returns these investments bring annually, outpacing popular market indexes like the S&P 500 and the FTSE 100. Wealthy investors have historically used high-end art investment to diversify their portfolios and shield themselves against market forces. Art prices typically aren’t impacted by the condition of financial markets.
High-end art investments can also bring investors tremendous profits if they can afford their high price tags. One investor walked away with $52 million in profits after acquiring Leonardo da Vinci’s Salvatore Mundi for $75 million in 2013 and selling it for $127 million before the year was over.
Domini.art aims to make it possible for investors to buy shares of such prestigious works and enjoy the financial gains that often come with them.
Merging decentralized finance and high-end art markets
Domini.art uses NFTs to increase the affordability of high-end art. The ERC20 coins sold on Domini.art’s marketplace aren’t like most popular NFTs that are valued on speculation. Instead, their worth is based on the value of original artwork stored in an insured vault.
Domini.art’s team curates high-end art from all over and purchases the best pieces with histories of price appreciation. Once stored in a vault, a unique NFT is made for each work and fractionalized into thousands of pieces.
Investors can invest in blue-chip art by buying portions of these fractionalized NFTs with $DOMI and enjoying a proportional slice of any monetary gains made on the original. Investors also get lots of perks like access to exclusive art events, advice from the art team, and blue-chip art airdrops.
Avalanche ($AVAX) investors look for greener pastures
Avalanche investors have watched the value of their holdings shrink by over 46% in the past year and there are no signs prices are preparing to rebound. Bailing out and swapping tokens for more promising altcoins to invest in like TRON ($TRX) and $DOMI might be the prudent thing to do.
Stellar ($XLM) might be preparing for another bull run
Stellar prices have dropped by over 11% in the past month, but the project enjoyed 35% growth this year before markets crashed. Most of the project’s 2023 gains were powered by speculative fervor around improvements to its protocol and network upgrades.
Investing in $DOMI is one of the ways $AVAX and $XLM holders can recoup some of their losses. The presale offers them 340% profits and prices are projected to grow 30x once tokens are launched on exchanges.
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