Since the creation of Bitcoin back in 2008, the digital currency industry has evolved extensively, inspiring the birth of new cryptocurrencies (often called altcoins) such as DIMCOIN, or Data Interchange Module Coin.
DIMCOIN and DIM Currencies
This one is available in two versions: DIMCOIN and DIM Currencies.
The first one, DIMCOIN, is a speculative virtual currency that can be exchanged against other cryptocurrencies, while the value of the DIM Currency is equivalent to the fiat currency that it is exchanged from.
Also, only the DIM Currency can be used as a method of payment within the DIM ecosystem that offers services including cryptonisation (virtualisation) of equity, trading in “cryptonised” shares and assets, cryptocurrency exchanges, crypto-fiat currency exchanges, e-commerce, debit card purchases, business transactions, and commodity trading.
All of these functions and services can be accessed through any computer and mobile device.
Who runs DIM?
The DIM ecosystem is created and operated by the DIMCOIN Foundation, and it is based on the NEM blockchain technology that provides a two-tier design using node reputation, spam protection, and incentivized infrastructure through supernodes to ensure safe and secure online trading and transactions.
How to store and sell DIM?
In order to access to the DIM Ecosystem, users can use the so-called Depotwallet which will be distributed by the DIMCOIN Foundation.
The DIMCOIN Foundation is a non-profit organization that is responsible for the creation, management, and distribution of the DIM and is a central production hub of the DIM Currencies. Its functions will also include cryptonising assets and creating future products or services under the DIM copyrights. All the profits received by the foundation will be utilized to further improve the DIM in order to increase its value.
Also, to change the DIM coins, users will be able to use the Hybrid Stock Exchange (HYBSE), an online trading platform for global issuers and investors that provides a range of cryptonised assets such as: Shares, ETC (Exchange-Traded Commodities), ETF (Exchange-Traded Fund), ETN (Exchange-Traded Note), Crypto-Forex Exchange, Index, Startups – IPO, Startups – ICO and Pirate Market.
The DIM cryptocurrency exploits the NEM blockchain, which works thanks to a consensus mechanism called Proof-of-Importance (POI).
The POI works in a way similar to Proof-of-Stake (POS), but the main difference is that it integrates behavior trusted to be positive for the entire economy, while POS derives importance from the user‘s account balance.
Also, POI has an advantage over the Proof-of-Work (POW) because it does not require large scale computing resources for maintaining the blockchain. The NEM network emphasizes security and trust-less computing.
The NEM platform is run by a network of nodes operating together in a p2p configuration. These nodes are able to record and verify transactions that are transmitted on the network.
At block time, these transactions are grouped together and then go through a hashing process that connects them to previous blocks. The network’s participants are anonymous and there is no restriction on their caliber, which exposes the network to bad-intended users who can build hostile nodes and distribute invalid information or disrupt the network.
To avoid this mechanism, the network deploys the EigenTrust ++ reputation system to identify hostile nodes and reduce the communication with them.
If you want to invest in this project, DIMCoin has launched an ICO (Initial Coin Offering).
The minimum value of the DIMCOIN is $0.01. It has no ceiling, making the price increase in value to unprecedented levels.
To invest in DIM, you only need a cryptocurrency wallet to purchase DIMCOIN, and you need to have a Depotwallet / Nanowallet in order to receive DIMCOIN.
The process to invest is very simple, because you just have to fill the required fields you can find on the official website dimcoin.io
The ICO is already live and the total supply is 10,000,000 tokens with a price of 1$ per token.
Investors with +50 DIM tokens will receive 30% of the net fees earned on the DIM digital currency transactions within the DIM ecosystem according to the percentage of tokens owned.
You can buy DIM tokens paying with bitcoin, ethereum, litecoin, dash, NEM and tether.
Right now it is available a 10% bonus that will end on the 19th of August 2017 (23:59 CET).