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.
ICO PASSES USD 10 MILLION THRESHOLD
SINGAPORE, 25th August 2017: DIMCOIN today announced that the amount raised from its ongoing Initial Coin Offering (ICO) has passed the USD 10 Million threshold. Currently, the ICO has sold 85% of TOKEN to over 9.000 participants, with only 15% of TOKEN remaining. The Initial Coin Offering (ICO) will end on 27 August.
Fabian Kippenberg, CEO of DIMCOIN says: “Our plans to create a sustainable ecosystem of comprehensive services covering real financial needs resonates well with investors. Their interest demonstrates the high demand for institutions which translate the compelling opportunities blockchain technology creates into concrete and useful applications and a revenue generating business, All the elements are in place and our main objective now is to utilise the funds to get the entire DIM Ecosystem functioning at peak performance.”
The DIMCOIN team is now focused on reprogramming its Hybrid Stock Exchange (HYBSE) into a blockchain platform and finalizing it’s state-of-the-art blockchain which permits users to buy, sell, manage and hold DIM cryptocurrencies and cryptonised assets.
Operated by the DIMCOIN Foundation, the DIM Ecosystem will provide its users with a single platform on which to conduct an inclusive array of activities and transactions such as trading in cryptonised shares and assets, cryptocurrency and crypto-fiat currency exchanges, e-commerce, business transactions, and commodity trading. DIMCOIN will use the NEM blockchain protocol, making the coins low-cost and transparent.
About the DIMCOIN Foundation
The DIM Foundation will develop and operate the blockchain-based DIM Ecosystem, which provides its users with a single platform on which to conduct a comprehensive array of activities and transactions, such as trading in cryptonised shares and assets, cryptocurrency and crypto-fiat currency exchanges, e-commerce, business transactions, and commodity trading. In order to provide all of these services, the DIM Ecosystem itself comprises of the Hybrid Stock Exchange (HYBSE), WISE Consulting and the DEPOTWALLET.
To fund activities such as the coding, development, promotion, marketing, and ecosystem building the DIM Foundation initiated the ICO Crowdsale campaign to raise funds from backers worldwide. In return, buying DIM TOKENs from the DIMCOIN ICO will permit token holders to receive commissions in the future.
DIMCOIN have released a comprehensive 80-page whitepaper which outlines it’s business objectives and provides further details on its ICO.
Subscribe for more information and register to learn more about DIMCOIN and its ecosystem at www.dimcoin.io.
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