Idoneus’ first principles – there are a significant number of luxury companies and HNWIs throughout the world that desire to receive full value for their luxury asset, good or service and they do not require traditional fiat cash to achieve this end. People desire a respective payment mechanism which provides them with a perceived number of satisfactory choices. Idoneus has built and continues to strengthen an online, digital economy which provides precisely this increased level of choice to some of the most discerning individuals and companies in the world.
At the most fundamental level, IDON provides individual companies and owners the ability to receive full value for their luxury asset, good or service and into a more preferred holding which provides them with more choices than their current asset offers. Many individuals who desire to extract maximum value via sale, rental, charter, etc. simply desire to receive an asset that they deem to have more value than their current holding. This more valuable asset takes many forms, from fiat currency, precious metals, precious stones and even IDON. Individuals desire to lateralize from a significant, though under-utilized holding, into another asset class which unlike their existing significant asset, is easily divisible, easily transferable, has no holding costs and no management oversight, which is precisely what IDON allows its holders to accomplish.
Until now (and still mostly so), cryptocurrency by and large has been a speculative industry offering little to no tangible value. IDON changes the industry by allowing individuals and companies to move from a luxury asset they no longer wish to have in their portfolio or would not be able to monetize during a specific moment in time through traditional sales channels, into a digital asset class and then back into a more desired physical asset as they deem fit.
At our core, Idoneus is not a cryptocurrency company; we are not a blockchain company. We are a tangible asset company with decades of leadership experience in this globally-connected space. We are a company which allows owners of luxury assets, goods and services the potential to receive full value; we have overlaid blockchain technology which allows for safe, secure, immutable transactions and integrated cryptocurrency which provides a globally deployable payment method that offers significantly faster settlement times and significantly lower transaction costs, especially when compared to completing traditional international transactions with fiat currencies.