The Commonwealth of Dominica government will partner with the Huobi exchange to issue Dominica Coin (DMC) and Digital Identity Documents (DID) for DMC holders to gain digital citizenship in the country.
DMCs and DIDs will work on the TRON network and will be issued on Huobi Prime. They will serve as credentials for Dominica’s future meta-universe platform.
The island nation is one of the first Caribbean countries to adopt an investment-based citizenship program. Dominica’s passports allow travel to over 130 countries, including mainland China, Hong Kong, the European Union, Switzerland, the United Kingdom and Singapore.
The government is eager to explore meta-universe and Web3 technology to encourage its development and attract talent from the cryptocurrency and blockchain ecosystem.