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.
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.
DIM Weekly Update
While we prepare for the weeks to come, we look forward to showing the community the hard work and unyielding
perseverance demonstrated by the DIM Team this past year. The community can expect such major updates in the
In the meantime, we have the following to report: The DIMPAY mobile app is in it’s final development phases and
moving forward. The first stage of the back end, internal testing has begun with the second stage starting towards
the end of the week.
The DIM Team welcomes two new development interns to the ever expanding development team. These junior
developers have completed their studies at top universities and are excited to be involved in this new, thrilling
The quest for listing on new exchanges is always ongoing. News includes BTC-Alpha creating an LTC pairing option
to increase its overall trade volume, as well as improving their design and image. This will benefit DIMCOIN as it
exposes us to more Altcoin investors and eliminates the delay of converting LTC to BTC, to DIM.
Lastly, we are pleased with the progress of our back-end administration structure for HYBSE. This is on track and
going according to plan. DIMCOIN thanks its investors for their continued support as we continue our journey. For
more information about DIMCOIN, visit www.dimcoin.io
DIM Weekly Update
DIMCOIN welcomes everyone back from the festive holidays, and would like to prepare for an exciting month
ahead. Some of our long running developments are being finalized in the weeks to come, and the community can
expect to hear this great news soon.
Regarding the exchanges, we are continually working on getting the DIM onto trusted platforms. The exchange
mentioned in last week’s update has been delayed and we will release information about this as the news unfolds.
DIMCOIN continually encourages community participation, which makes us very pleased to mention that one of
the NEM and DIMCOIN supporters has created an exchange for NEM mosaics. This kind of community support is
acknowledged and rewarded by the DIMCOIN Team, and encourage members of the community who go beyond
and show their passion. See the exchange here: nemchange.com/Login/index
As per last week’s announcement, Trezor has been fully implemented into DEPOTWALLET. Find another guide,
created by the DIM Community here: forum.dim.foundation/showthread.php
We look forward to an exhilarating month ahead, with many great announcements to come. We thank the
community for it’s continued support and involvement.
DIM Weekly Update
As we continue to work towards our vision, here are this week’s updates:
The first phase of due diligence has been completed for the Ambassadors’ position. There are 30 potential
Ambassadors selected from various countries around the globe who are now in the final phase of selection. Once
the final phase is completed, the official DIMCOIN Ambassadors will be selected.
Furthermore, our development team is in the final stage of implementing the hardware wallet, Trezor, into
Depotwallet. Final testing has begun and the community can expect it to be done this week with the official release
being next week. Security is very important to us so we will urge DIMCOIN holders with a large amount to
eventually use this, pre-orders for branded Trezor wallets will be opened next week.
On that point of security, we again urge Basic Wallet holders to create and use the Premium Wallet instead of the
Basic Wallet for increased protection. If you require assistance with this, kindly email [email protected]
Lastly, we plan to be listed on a new exchange this Friday. More information will follow.
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.
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Take the opportunity to earn DIMCOIN.
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