[ANN] [ICO] DIMCOIN The Future Of Equity on the Blockchain

[David Horton]

This indeed is a very good project as an alternative for earning money! I really do hope that this project will be the next big thing! But as for my question, if DIMCOIN uses token as a payment, how can one convert it to cash or to bitcoin also?

Hello qwertyup23

In the DIM Ecosystem there is difference between the DIM Token and DIMCOIN.  The DIM Token are packages that give holders 100 DIMCOIN per token, they also give holders benefits such as suggestion and voting rights.  Lastly, token holders with +50 DIM Tokens will receive a portion of the 30% net fees earned on the transfer of DIMCOIN and DIM Currencies within the DIM Ecosystem.  The DIMCOIN will be listed on the cryptocurrency exchanges that trade XEM, traders will be able to convert it into cash and other cryptocurrencies. 

[DIMCOIN]

I'm putting my question here again to see if dev can answer me.

Hello dev, I have a question, the whitepaper mentions that there will be 10 000 000 DIM:Tokens, and that 1 token=100 DIMCOIN, so that means that there will be 1000 000 000(1 billion) of DIMCOIN, but also the whitepaper mentions in Fund-Keepers that it will be distributed 9 billion DIMCOINs, so I want to know where does all of this come from? how much DIMCOIN will be created in total? will DIMCOINS be able to be exchanged for tokens? if there are more DIMCOINS than Tokens, then that means that not everyone could get a token after the ICO. thanks in advance.

Hi, apologies for the delayed response. The DIMCOIN is built on the NEM blockchain which has limit of 9 billion XEM.  The total amount of DIMCOIN available is also 9 billion.  They have been created already and can not be mined like bitcoin.  They are stored in multisignature accounts under the care of the DIMCOIN Foundation.

You are correct that not all people will get DIM Tokens because only 10 million Tokens are available.  The tokens are limited because they have benefits to token holders such as: suggestions and voting on the destiny of the DIM Ecosystem, and holders with +50 DIM Tokens receive a percentage of the 30% net fee transfers from the DIMCOIN and DIM Currencies within the DIM Ecosystem according to the number of tokens they own. The system allows only allows for 10 million Tokens.

People who buy tokens but wish to trade them can do so using their Depotwallet.  They will be able to trade them peer-to-peer with other DIMCOIN users. The DIM Tokens are tradable for the majority of other cryptocurrencies.

[DIMCOIN]

Great, joined the bounty twitter and facebook. There are lists, to see that I participate in the company's bounty?

Thank you for joining the bounty campaign! The list will be up shortly

[DIMCOIN]

I would like to invest in this project. Is there a pre-ICO? I'll be happy to participate in this project.

Hi,

Yes, the pre-ICO starts on the 1st of July 2017 (12:00 CET)

[Janation]

I've joined the Signature Campaign and it seems to be an interesting digital currency. But what does it meant by a speculative coin? The description of Dimcoin is good but these just hit my curiosity.

[David Horton]

I've joined the Signature Campaign and it seems to be an interesting digital currency. But what does it meant by a speculative coin? The description of Dimcoin is good but these just hit my curiosity.

Thanks for your questions Janation. 

Most cryptocurrencies are speculative in nature, their prices go up and down according to market forces.  Speculation is an act of trading financial instruments that can bring great gain or great loss for people who buy those instruments. 
Most people trade speculative instruments because they believe the gains will be greater than the losses. 

Hope this helps.

[Inmydomain]

It looks to be a very interesting proposition, and also appears to offer up many more opportunities than pure speculation. I certainly will be going in on the ICO

[bitofc]

is DIMCOIN a mosaic issued on top of NEM?
is there a hard cap?

Thanks

[Kronos21]

I joined the company to collect signatures. I don't understand how cryptocurrency works and therefore I will closely monitor the project after its launch. If I'm totally into it then I should be a investor.

[Janation]

I've joined the Signature Campaign and it seems to be an interesting digital currency. But what does it meant by a speculative coin? The description of Dimcoin is good but these just hit my curiosity.

Thanks for your questions Janation. 

Most cryptocurrencies are speculative in nature, their prices go up and down according to market forces.  Speculation is an act of trading financial instruments that can bring great gain or great loss for people who buy those instruments. 
Most people trade speculative instruments because they believe the gains will be greater than the losses. 

Hope this helps.

Oh? Im sorry, it seems that it is synonymous to the word volatile which is the word I used to know. Thanks for responding sir, it seems the people in these project are very polite and so nice. I hope for the great success of these project and I will do my job as member of your Signature Campaign.

[hahay]

I was interested enough to join the social media bounty but after I downloaded nanowallet on android device I did not find the address to receive dimcoin. How do i get the dimcoin address in nanowallet?
Thanks before

[David Horton]

I've joined the Signature Campaign and it seems to be an interesting digital currency. But what does it meant by a speculative coin? The description of Dimcoin is good but these just hit my curiosity.

Thanks for your questions Janation. 

Most cryptocurrencies are speculative in nature, their prices go up and down according to market forces.  Speculation is an act of trading financial instruments that can bring great gain or great loss for people who buy those instruments. 
Most people trade speculative instruments because they believe the gains will be greater than the losses. 

Hope this helps.

Oh? Im sorry, it seems that it is synonymous to the word volatile which is the word I used to know. Thanks for responding sir, it seems the people in these project are very polite and so nice. I hope for the great success of these project and I will do my job as member of your Signature Campaign.

Yes, you are correct Janation.  You can use the word volatile or speculative to describe cryptocurrencies.  Speculation is the act of trading financial instruments and volatility is the amount of uncertainty or risk about the size of changes in a financial instrument's value, but both are correct.

[DIMCOIN]

is DIMCOIN a mosaic issued on top of NEM?
is there a hard cap?

Thanks

Yes, DIMCOIN is a mosaic on top of NEM and the DIMCOIN hard cap is 9 billion coins.

[David Horton]

I was interested enough to join the social media bounty but after I downloaded nanowallet on android device I did not find the address to receive dimcoin. How do i get the dimcoin address in nanowallet?
Thanks before

Hello hahay

The NEM nanowallet uses your android device's  internet browser to access your account, it should look the same on every device.  All you have to do is click on "account" and the address should be listed there.

Thanks for your inquiry.

[Proton2233]

The website is translated into several languages. Maybe it makes sense to have a discussion about the project in the language branches of the forum? 100 participants of the company for the collection of signatures is several dozen languages.

[Seeker01]

I joined signature campaign and im glad to be here to know more about the Dimcoin project. Investing on this project might be my option gonna make some research about this one. Hopefully ICO will be successful, im gonna invest on this one for sure.

[erikalui]

Hindi translation complete: https://bitcointalk.org/index.php?topic=1990376.new#new

[whoeier]

Dutch topic translation, to be found here: https://bitcointalk.org/index.php?topic=1990088.0

[wajik-tempe]

Can i use the existing Nem wallet in exchange???

[ankit10]

Is there was not any blog or article campaign ? And where is spreadsheet for facebook and twitter bounty?