Quote from: Zylon on July 03, 2017, 12:51:17 PM

Quote from: DIMCOIN on July 03, 2017, 12:20:35 PM

Quote from: Zylon on July 03, 2017, 12:01:58 PM

Quote from: whoeier on July 03, 2017, 11:41:04 AM

Quote from: Zylon on July 03, 2017, 10:48:49 AM

Did you change something about your total supply?
As I remember at the beginng the total supply of your DimCoins was 9 billion!?
Now it is 1 billion, right?

A ICO price of 0,01$/Coin with a supply of 9 Billion would be quite expensive.....

Its currently 1b for the ico, the rest is currently locked and/or used for bounty's and other incentive's
Its all written out in te whitepaper, page 38 if i recall correctly

Oh man, this is quite complicated!
I just read the whitepaper and it seems like all the 9 Billion Coins will be tradeable in the market at the end, right?

If this is true, then the price of 0,01$ / Coin is ridiculous expensive !
Why are you doing this?

You would need a market cap of 90 million $ to justify your price.
I can't really see that your project is 90 million $ worth right now!

DIMCoin will be dumped very hard when it is tradeable, I will wait for that instead of joining the ICO, unfortunately!

Hi, we have not changed anything of our total supply. It is still 9 billion with 1 billion reserved for Tokens. 1 TOKEN = 100 DIMCOIN so our supply of 10 million TOKENS = 1 billion DIMCOIN.

"I just read the whitepaper and it seems like all the 9 Billion Coins will be tradeable in the market at the end, right?" No, some will be given to the DIM Foundation as reserves and not all will be made available.
Some DIMCOIN will be kept for future developmental needs for the DIM Ecosystem. The price of the DIMCOIN will be determined by market forces.

I hope this clears it up, let me know if you have any further questions

Quote from: DIMCOIN on July 03, 2017, 12:20:35 PM

No, some will be given to the DIM Foundation as reserves and not all will be made available.

ok, then pls make it clear! You will still hold round about 90% of the Coins, this is not a trivial matter.
How much of the Coins will never be tradeable in the market?

Quote from: DIMCOIN on July 03, 2017, 12:20:35 PM

The price of the DIMCOIN will be determined by market forces.

Of course, you are right,:) but you cannot ignore the market cap by saying this!
This is just a simple mathimatic calculation.
if the total supply will be 9 billion, you need to collect 90 million $ to justify your price of 0,01$!

It is not our intention to hold 90% of the Coins, we plan to send out as much as possible while keeping a stable price. The more coins that go out, the more net transaction fees are available for the TOKEN holders in respect to the market price. The DIM Foundation will hold 1.5 billion in reserve and 500 million in pre-reserve.

We don't need $90 million to justify our price. We justify this with the shares market cap we expect to have in a short period. Currently, we have $263 million market cap shares waiting to be listed on HYBSE.