What is DIMcoin All About?
DIMCoin seeks to create a platform based on cryptocurrency peer to peer trading and additional financial
services that more closely resembles and functions like a traditional financial market, integrating
different asset classes and traditional ‘stock’ securities for small and medium sized companies as well
as transactions and payments with substantially lower costs to end users. The DIM ecosystem will be
supported by two separate types of cryptocurrency - DIMCoins and DIM Currencies. DIMCoins behave
like many other speculative cryptocurrencies, entitling those holding above a certain threshold of coins
to receive 30% of the fees and payments on actions like asset transfers or cash payouts proportional to
their share of the total supply as well as voting rights on proposals to change the ecosystem and the use
of company funds. DIM Currencies are bought using their respective pegged currency and fluctuate with
the market rate for those currencies; they are used in all transactions in the DIM ecosystem and enable
secure trading of traditional financial ‘stock’ products using the HYBSE exchange
The Technical Breakdown
- TOKEN DISTRIBUTION: ERC-20 token sent to your Ethereum wallet, to be exchanged
at a rate of 1 token = 100 DIMCoin. - ALLOCATION & PRE-MINE
- 1 billion DIMCOIN ICO (11.11%)
1 billion HYBSE ICO (11.11%)
1 billion DEPOTWALLET ICO (11.11%)
500m team and advisors (5.56%)
500m marketing and development (5.56%)
2 billion reserve for DIMCoin foundation (22.22%)
3 billion to WISE Consulting for exchange services (Fiat to DIM Currencies) (33.33%)
- 1 billion DIMCOIN ICO (11.11%)
- TOTAL SUPPLY: 9 billion DIMCoins, 10 million DIM Tokens (entitled to fee payouts)
- GROWTH RATE: Fixed supply
- ICO PRICE: 1 token = $1 up to $10,000,000
- INVESTMENT TARGET: $10,000,000 for DIM Tokens, $30m+ for DIMCoins until end of crowdsale (900m DIMCoins available)
Source: ICOalert.com
Times Running Out..Literally
Unfortunately at the time of writing this article, DIMcoin is finishing up it's ICO with only minutes left to purchase but you may be able to purchase post-ICO. I am not sure which exchanges they will be traded on initial.
Questions/Feedback
- Did you invest into this Dimcoin?
- How is this token different than a Smart Token like Bancor?
- Are you investing in any ICOs in this current bloodbath?
Isn't dimcoin on the nem blockchain? You may need to update your post.
Yes I will fact check and update. Thx - upvoted
No problem. We all make a few mistakes.
The ICO runs until aug 27th with descending amounts of bonus percentages as time runs out. You can still gain an extra 10% of DIMCoin by investing using NEM's XEM.
ok got it thanks for catching this. I will update - upvoted
Ico still running, instead of 30 procent discount you only get 20 procent now.
Oh good to know!
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://www.icoalert.com/ICO-Alert-Report-DIMCOIN.pdf