Metaverse Bound: Exploring Dominica's Digital Identity Program

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16 Jul 2023

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This token on Tron is certainly a unique use of the Blockchain

During the June Crypto windup, we briefly spoke about how we’ve participated in the Huboi/Dominica promotion where you’re able to obtain a digital Metaverse token simply by completing KYC and minting an NFT for the cost of 1 USDT. In today’s article, we’ll be exploring this a little deeper.
Dominca Digital Identity. A world first from Huboi and Dominica on the Tron blockchain which is the official cryptocurrency of Dominica. Source: Author

The Country:
Dominica, officially known as the Commonwealth of Dominica, is a small island country located in the Caribbean Sea. It is situated between the French overseas territories of Guadeloupe and Martinique.
Dominica, like many other Caribbean locations has had an active invest to earn citizenship program for some time, allowing individuals outside the country the chance to become citizens via various investment pipelines designed to elicit growth within the country. This program has been supercharged in the past few years, with particular attention paid to the digital arena, startups and cryptocurrencies in general.
Reaching independence in 1978, the country is quite young by all standards and had a particularly rough time in 2017 when Hurricane Maria visited the island. A category 5 storm, Maria caused extensive damage to agricultural assets as well as property and infrastructure across the island. Since then, Dominica has been rebuilding which includes a significant effort to strengthen assets against storms and other adverse weather that many of the Caribbean islands face during the winter season.

The Program:
Launched in 2022, the program was a world first providing a digital Metaverse token and full digital identity validation, removing much of the restrictions around trading on Huboi. The program also provides a DDID token which is minted in an NFT format on the tron blockchain and has 3 levels of verification which must be achieved prior to minting your NFT.
Paired with this program is the adoption by Dominica of the Tron blockchain as their official digital blockchain. This is the first steps taken in implementing their own digital currency which is known as the Dominica Coin or DMC. This TRC-20 based token appears to be integral in bringing Dominica into the digital world, and provides a secondary form of currency should the country face further issues into the future.
It’s worth mentioning though, the program is based around completion of various levels of KYC through Huboi, meaning to participate you’ll need to complete the KYC process. While this may be a deal breaker for some, we’ll be participating regardless. Let’s check it out.
Completing LV 3 gives full access and the ability to trade up to 3000 BTC. Source: Author

Joining the Metaverse:
Firstly you’ll need to join Huboi’s exchange. If you aren’t a member you can join by following our referral link here. Huboi are currently running a number of membership programs throughout July, so now is a great time to join if you aren’t already a member.
Once you’re in you’ll need to complete the KYC process. This is pretty well known by those who’ve dealt with exchanges before so we won’t go to far into this. Upon completion, it may take some time for you to be verified but the process was pretty quick for us.
After you’ve completed your KYC you’ll need to sort yourself some tokens so you’re able to mint your NFT. You have two options for this. Send USDT directly, or send a coin with cheaper gas fees and convert it at the exchange. The minimum transaction amount post verification is $10, so regardless of your decision you’ll need to ensure you have $10 to play with. There is no requirement to hold funds in Huboi once your token is minted so you’ll be able to transfer them along when you’re complete should you chose so.
When your funds are sorted, you’ll need to set up a Tron wallet to hold your digital identity token. You can use TronLink wallet which can be downloaded via this link.

Mint your NFT. Tron is reasonably speedy so this shouldn’t take you too long. When completed, your new Dominica Digital Identity will be in your wallet waiting for you. While it’s still in the early stages meaning it isn’t yet available, Huboi are showing that soon you’ll also be able to order a physical card to accompany your NFT identity.

The end goal. Source: Author

In Closing:
Congratulations! If you’ve made it this far you’re officially a Dominican Digital Citizen like the rest of us.
While there’s no indication that simply participating will give an advantage in regards to obtaining actual citizenship with an accompanying passport, simply completing the process and obtaining your token can still be a fun project. And if nothing else, our 1 USDT fee goes to a good cause. If you follow the process and obtain your own NFT, be sure to leave a message in the comments with your thoughts on the process.
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