Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
by
Jiddu
on 05/07/2017, 15:50:52 UTC
...
DIMcoin is a service running on that platform
...

It is a good project, but the price is a joke 0.01 $ with a total supply of 10 billion Coins!? Cmon really?

Isn't it 1 billion?

1 DIM Token will be equivalent to 100 DIMCOIN, each DIMCOIN is worth $0.01.
Total supply   10,000,000 Tokens available
At the beginning I had same thought!
The ICO is limited by 1 billion coins.
But the total supply is 9 Billion,  8 Billion Coins will be managed by the DimCoin team!


Seem not right. Have you verified the information you read online?
 Of course the team knew it would be silly to have that 8 billion while the total max is 9 billion. Although most of the team these days looks like they will be scamming us, its going to be obvious scam if they do this.

Actually it seems right:

Quote from: DIM-crowdsale-prospectus.pdf
SUPPLY AND PLANNED ALLOCATION OF DIMCOINS

The total supply of DIMCOIN will be in the number of nine
billion (9,000,000,000) in total (including those available for sale
during the Campaign). It is planned that the initial supply of the
DIMCOIN will be allocated as follows:
• three billion coins will be allocated for ICOs. (1 billion
coins for each individual ICO).
• The DIMCOIN ICO will receive 1 billion coins.
• HYBSE ICO will receive 1 billion coins.
• The DEPOTWALLET ICO will receive 1 billion coins.
• 500 million coins will be given to associates, business
associates, ambassadors and employees.
• 500 million coins will be used for marketing and
development purposes.
• two billion will remain with the DIMCOIN Foundation as
coin reserves.
• three billion will be transferred to WISE Consulting for
exchange purposes.