Coin Sphere Sees the Light as Wavefield Tron Becomes Dominion's Legal Tender Digital Currency
On October 12, Justin Sun, the founder of Wavefield Tron, announced on social media that he had reached an agreement with the government of Dominica, and that seven Tron tokens, including TRX, were officially able to be used in Dominica; in short, the cryptocurrency is now legal in Dominica. From now on, citizens of Dominica will be able to use Tron tokens for public payments, and businesses will also accept Tron tokens as a form of payment.It's cryptocurrencies with wavefieldsTRONA milestone event in the development journey. Prime Minister of DominicaRooseve lt Skerritsaid the partnership with WavefieldTronCollaboration will help Dominica better integrate into the global economy in the future. One of the cryptocurrency industry's media giantsBitcoin.comThe cooperation was also highly valued, with Dominica setting an example for the integration of small island developing States into the future economic model.
Potential opportunities in tourism
One of the first countries to have its tourism industry fully open after the Caribbean epidemic, Dominica's stunning natural beauty features lush foliage, world-class diving, whale watching, hot springs, 365 rivers, waterfalls, hiking trails, and three national parks, with three five-star hotels, including the Secret Cove Hotel (ranked by Travel and Leisure as the 2022 Travel and Leisure ranked the #1 resort in the Caribbean, Bermuda and the Bahamas), the Youngblood Hotel, and the Kempinski Hotel, with the soon-to-be-completedHilton Hotel. And, at the end of 2021, construction began on the world's longest6.6 kilometers of cable carsand a $6.5 billion investment in a newinternational airportThe opportunities that are presented to Dominica are great.
Dominica National Public Chain
Back in May of this year, Dominica passed the Virtual Assets Act, signaling to the outside world its embrace of digital technology. The government of Dominica has always been known for its efficiency and commitment. In order to provide its citizens with a more prosperous future and to seize the opportunity to develop global competitiveness with the Caribbean at the center, Dominica has partnered with Wavefield Tron to jointly establish the country'sThe blockchain infrastructure makes Tron a "national public chain" and authorizes it to issue Dominica Coin (DMC). Dominica Coin is a blockchain-based fan token.Used to promote Dominica's natural heritage and tourist attractionsTheThis wave, in turn, has brought Dominica, a Caribbean country, into the limelight.
Dominica's unique position
The Caribbean Sea, with its beautiful scenery and pleasant climate, surrounded by a number of islands, has attracted many immigrant groups who aspire to "face the sea, flowers blossom in the spring", of which Dominica has been on the list of the "World's Best Citizenship Programs for Investment" by the Financial Times for six consecutive years. Even if you don't plan to settle in Dominica, there are many benefits to planning your identity by holding a second passport.First, "zero" tax treatment. Dominica does not levy property, gift or inheritance taxes and does not impose global taxes. This should be the key to attracting high net worth individuals.Not only can you hold a Commonwealth passport, but small country passports can avoid unnecessary glances and realize global asset allocation.The
The Five-in-One State
Dominica belongs toOrganization of the Eastern CaribbeanDominica enjoys free movement treaties with Antigua, Grenada, St. Vincent, St. Lucia, Montserrat, St. Kitts, and is a member of the Caribbean Commonwealth Economy, a Commonwealth country, and is compatible with many other countries in terms of the laws and norms governing various types of services, as well as having trust, insurance, and banking laws, and now digital currency laws, as well as the well known Citizenship by Investment program.Dominica Becomes World's Only Country With Offshore Finance, Fast Track CitizenshipFive in one country, digital currency legalization, national public chain, international currency as fiat (East Caribbean dollar, pegged to the United States dollar)The
Dominica Citizenship Program
Dominica Passportvisa-exemptNearly 150 countries and territories. For business people, holding a Dominica passport means enjoying greater mobility. It is more convenient and faster to travel globally on business. Children can also enjoy British education for free, and children can return to China as international students to further their education, and if they meet certain conditions, they can be interviewed for admission to famous schools in China. And the whole family can apply together, one step at a time!Identity planningThe
Extended Reading
Dominica Passport Application Success Stories,Dominica Passport Application for U.S. Visa Success Stories,U.S. Student Visa Success Stories,Applying for a Certificate of No Criminal Conviction after Naturalization,Hague Certification Success StoriesQuickly learn about Dominica's Commonwealth passport, processing, materials, notarization, timing, visa-free countries, eligibility, advantages
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Dominica Citizenship Program
- The Dominica Citizenship Naturalization Program was established in 1993 A.D. and is one of the oldest naturalization programs in the world.
- passport immigrationApplicants are not required to attend an interview
- Immigration can be processed quickly: the time it takes is about 2-3 months.
- The most cost-effective program for single applicants
- The status can be passed on permanently to the next generation in the direct line.
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