The DIM Foundation is the heart of the DIM Ecosystem. It is an organization that produces and creates two different kinds of cryptocurrencies, the DIMCOIN and the DIM Currencies (together: “DIM”). It initiates and launches Initial Coin Offerings (“ICOs”) and issues the DIM TOKENs. Furthermore, it also allocates DIM to the entities forming the DIM Ecosystem in accordance with the respective Whitepapers.
Its functions also include the digitization of assets and the creation of future products and services under the DIM copyrights. All profits received by the DIM Foundation will be utilized to further improve the DIM Ecosystem in order to increase the acceptance, use and value of the DIM on a global scale.
In the future, a progressively increasing number of people from all over the world are going to use digital-currencies as a means of payment. This is particularly true for countries where people do not even have bank accounts. But, even in the more developed world, the transfer of FIAT currencies is currently burdensome, time consuming and expensive. The DIM Currencies, however, facilitate a worldwide real-time transfer of payment means on a low cost basis. Since the DIM Currencies are linked to the value of the respective FIAT currencies which are mentioned in the denomination of the DIM Currencies, the exchange risk in case of acceptance is limited to that of the respective FIAT currencies.
The DIMCOIN, which is a speculative cryptocurrency, has the potential to increase its value and to substantially contribute to the wealth of its owners. The value of the DIMCOIN depends on the number of people investing in it. The more people purchase the DIMCOIN, in particular, in exchange for Bitcoin, Etherium or other tradable cryptocurrencies, the more the value of it increases.
In addition to traditional payment systems, the DIM Currencies may be used for trading in virtual shares, commodities and other assets. For the time being in the world of trading today, the buying and selling of listed shares in even strongly developing countries is limited. For example, buying shares in listed companies in India on an exchange outside India is restricted or even impossible, e.g. in Frankfurt. These restrictions will no longer exist as soon as stocks are virtualized and associated with digital currencies. The DIM Ecosystem facilitates the exchange of securities, commodities and other assets into digitalized assets, and provides for platforms which allow the trading in such digitalized assets.
Besides this, the DIM Foundation pays great importance and attention to transparency, usability and security (e.g. block chain technology) as well as the fulfilment of regulatory standards worldwide to the extent applicable.
The DIM Foundation is also engaged in charity. It invests mainly in the field of education of people from less developed countries.
The DIM Foundation’s vision is that the DIM becomes the pre-dominant payment means worldwide, accepted by a global and wide network of points-of-acceptance for all kinds of goods and services. Furthermore, nearly everybody shall have the chance to invest in intrinsic values like stocks, bonds, gold, diamonds and other commodities, but also in intellectual property rights, like soccer, football and other sport professionals, art and race horses, and to participate in the value increase of such assets to which currently only wealthy people have access to. The DIM Foundation and the DIM Ecosystem will provide for exchanges that facilitate the digitalization and, thereby, fractionalization of all of these assets in to pieces affordable for everybody. The digitalized assets will be made tradable globally at real-time and for affordable costs on platforms operated by companies belonging to the DIM Ecosystem. It is our vision to contribute to the worldwide welfare of mankind by offering these new facilities and systems.
This week’s update brings the release of DEPOTWALLET version 1.5.0. This new version includes bug fixes and
added features to our ever developing blockchain wallet.
Changed the NEM Explorer link to DIM Explorer for viewing transactions
Directing Mac OS users to Chrome or Firefox rather than Safarai
Placing the select bar on the bottom of the Transfer button rather than the top
“Account” and “Wallet Name” button has been combined into one “Account” button
Fixed the information dialog for password requirements
Users can no longer click on the “Create Premium Wallet” or “Continue” button without filling in the preceding
Added the correct password text on the password icon when creating an account
The “Purge” button has been added to the bottom right of the DEPOTWALLET homepage. Users can use this button
to delete the local storage of wallets. (Always back up before doing this!)
Mouse entropy integration for added security when creating a wallet
Others news includes:
The search for ambassadors has been successful and to continue that success, we have opened a Chief Ambassador
Officer (CAO) position for the region of South America. The community and members are encouraged to spread the
search of a new South American CAO. Apply by downloading the online form here: dim.foundation/media.
Lastly, the free, limited-time offer for companies registering to get their IBIN will be limited to 75 companies limited
to the 31st August. The quality and due diligence process can currently accept around 25 companies per month. We
look forward to increasing this number in the future as time as time goes on.
As always, we thank the community for their support and patience.
IBIN is now live
IBIN, International Blockshare Identification Number, is now available on www.ibin.io.
Free registration for companies until 31st August.
Be sure to join our social media platforms for discussions about the DIM Ecosystem and what’s to come:
Telegram Official Group: t.me/dimcoinICO
Telegram Newsfeed: t.me/dimcoin
Introducing DIM RPC and DIMPAY Update
From the time of last week’s update, the price of DIMCOIN has risen by 85%. We aim to keep this momentum going
with positive news and developments as we go forward and get closer to HYBSE. The community can look forward
to the pre-registration, which opens next week. This pre-registration will be on a landing page and will include an
impressive HYBSE trailer video.
While we wait for the landing page, here are this week’s update:
The DIMPAY Android mobile app has successfully completed its internal testing with the Ambassadors and
Promoters. We will have a public BETA test for the app soon with the community and will then begin the process of
making it available on the Android Playstore. The iOS version is currently in development.
This week we also introduce the DIM RPC, a new tool for exchanges to communicate with an RPC gateway
for DIMCOIN. With this innovation, we offer an RPC Protocol Connector that is 100% compatible with the NEM
Blockchain. This DIM tool has been open sourced and will be extended and optimized in the future by DIM
Developers around the globe. All developers are welcome to test and contribute to all our source code apps:
Listing on exchanges: unfortunately, the Korean exchange GOPAX has refunded us due to their company’s overload
of work as well as team member’s personal reasons. They have apologized profusely and hope to have us work
together in the future. We expect to have more news in the month of May and we believe the DIM RPC will help us
with this process.
The IBIN, International Blockshare Identification Number, website will be live on Wednesday. We are happy with
the community’s reaction to this innovative feature and look forward to companies applying for their IBIN.
IBIN Introduces Blockshares to the Blockchain
As we venture closer to the new Hybrid Stock Exchange, a trading platform based on blockchain technology, we
adopt innovative features to sustain the ever growing industry.
Most people that are familiar with the Stock Market are aware of the need of acquiring an ISIN. The International
Securities Identification Number (ISIN) is a 12 character code that uniquely identifies a specific security, such as
stocks. It is the most popular securities identifier and is used globally.
With the pre-registration for issuers and users soon to be opened, the inaugural DIM Ecosystem introduces the
International Blockshare Identification Number (IBIN), a 13 digit, unique serial number used to identify a
corporation or organisation for listing on the Hybrid Stock Exchange. It will be this unique IBIN that will be used as
a reference to buy, sell, trade and hold equity, with all details retained on the Blockchain.
In the coming weeks, issuers will be able to apply and register for their IBIN at no charge. This limited time offer is
available until the 31st August 2018 so be sure to check our DIMCOIN Social Media for the upcoming
For any questions and information, visit our DIMCOIN social platforms:
DIM Weekly Update
It is with great excitement that we announce and welcome our DIM Ambassadors.
It was a tough decision, as we received a large number of prospective resumes and application forms. The chosen
Ambassadors were selected for their several impressive achievements and skillset.
The role of a DIM Ambassador will be to promote the DIM Ecosystem to customers in their respective countries.
They will become the central figure in their regions. They also form part of our global ambassador network
becoming recognized figures in our crypto-financial industry.
Kimesha Naidoo, the DIM Foundation’s Relations Manager said, “The decision to finalize candidates just before the
launch of HYBSE was to enable the newly appointed ambassadors to assist companies and clients with listings on
HYBSE and market information.”
Listing news for DIMCOIN includes:
Australian exchange, Blockbid, who have have launched their QA beta testing today on testnet, are a secure and
speedy exchange to look forward to as they are affiliated with their countries government and insured by
GOPAX, a Korean exchange who had a slight delay last week are now confident to have us listed soon.
DIMCOIN has reached first place for Lescovex voting, we thank the community for their help to get us there.
Cryptaldash, a multi-access crypto exchange, also requires voting for coins to be listed. To quicken the process, we
have bought Tokens to get into the first phase. The last requirement is 100 registrations from the community, we will
share this link in the DIMCOIN Official Group on Telegram.
Furthermore, there was a bug on the DEPOTWALLET due to an internal software transfer which was located and
resolved — while additional developments for DEPOTWALLET are being worked on.
Lastly, the price of DIMCOIN shot up by 50% last week as the market recovered.
We continue to show that we value your trust, so our services have no hidden costs.
We believe that centralization of money supply leads to corruption and exploitation.
We offer security through the use of the blockchain protocol, ensuring safety of your data.
Participate in the annual planning process for DIM Foundation.
Receive access to exclusive discounts for foundation partner events and products.
Receive a yearly members-only operational update report.
Take the opportunity to earn DIMCOIN.
Become a recognised figure in the DIM Ecosystem.
Build and grow DIM Foundation's global community.