DIMCOIN DIM

$0.0019
Market Cap $ 3.931 MM (#496)
24h Volume $ 33.300 K
Chg. 24h: -10.39%
Algo. score 3.5/5  (#189)
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DIMCOIN project purpose and description

DIMCOIN clarity of purpose

DIMCOIN purpose and aspects

Speculative digital coin, high confirmation speeds, 99.99% immune to fraudulent activities.

DIMCOIN categories

Digital currencyTradingExchange

Short description

The DIM Ecosystem is a collective of financial and equity service providers that utilize the Data Interchange Module (DIM) cryptocurrencies a means of exchange. Built on the NEM blockchain, the currencies used in DIM come in two versions, the DIMCOIN and DIM Currencies. DIMCOIN is a tradable speculative cryptocurrency and DIM currencies are fiat-pegged digital currencies for the DIM-Ecosystem e-commerce and merchant purchasing. Users can exchange DIMCOIN for DIM Currencies in order to purchase assets in the DIM Ecosystem. Through Depotwallet debit cards users can perform online and walk-in merchant shopping.

Abstract

Since the introduction of Bitcoin, blockchain technology has grown in leaps and bounds. Blockchain has allowed not only cryptocurrencies to flourish, but has opened other traditional sectors such as financial services to exploit the technology. The problem with many of these blockchain oferings is that they ofer individualised or complimentary services, but not the entire package. This forces users to register and pay multiple fees to a plethora of service providers, increasing costs and inefciency for users and businesses involved. The solution to the afore-mentioned problem is a blockchain-based financial ecosystem– a financial ecosystem that ofers users a platform regardless of their financial standing. The Data Interchange Module (DIM) cryptocurrency is such a solution. The DIM comes in two versions; the DIMCOIN and DIM Currencies. It is more than just a cryptocurrency; it is a key to the DIM Ecosystem. The DIM Ecosystem comprises of the DIM, DEPOTWALLET, WISEConsulting and Hybrid Stock Exchange (HYBSE). It ofers blockchain wallets, crypto-fiat currency exchanges, cryptocurrency exchanges, digital equity trading & management, and commodity trading & management. All these services interact with each other and produce commissions as a result, which will be distributed to the token holders according to their token percentages. Buying DIM TOKENs from the DIMCOIN ICO will permit the holders to receive commissions. Token holders will receive the commissions as long as they are in possession of DIM TOKENs. The DIM Ecosystem, with its low fees and uncomplicated registration process, breaks the financial, administrative and geographical barriers that have separated potential issuers and investors in traditional financial systems. Less barriers will permit a large pool of users to use the ecosystem.

Link to Roadmap: https://dim.foundation/roadmap.html
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