Capitalizations Index – B ∞/21M
Crypto New Media Press
Two months ago we released Polymath Core v1.3.0 on Ethereum Mainnet. This release was met with great interest as issuers began signing up to use the dApp. To date, more than 100 token symbols have registered on the platform, with more than 40 Security Tokens being deployed to the network.Only $25.90 Lava the Original 14.5-Inch […]
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Tech startup has recently announced the dates for its upcoming pre-ICO and ICO crowdsale. The crowdsale will offer investors a chance to support a digital ecosystem that enables individuals and businesses to conduct encrypted transactions, including trading and management of company shares and assets through online wallets.
The allows altcoin stock trading and equity tokenization on all devices and/or password-encrypted paper certificates. The ecosystem also gives users a plethora of financial services and products for different types of digital transactions.
The platform utilizes two separate types of digital tokens viz., DIM Currencies and DIMCOIN. DIM Currencies are digital equivalents to fiat currencies, designed to mimic them in value. DIMCOIN, however, is more of a traditional cryptocurrency, an asset tradable against all other cryptocurrencies, with a more speculative value.
DIM TOKEN investors holding more than 50 DIM TOKENS will be entitled to voting rights and 30% of the fee’s collected by the ecosystem. Built with NEM blockchain technology, DIMCOIN employs a two-tier design, using spam protection, node reputation, and incentivized infrastructure through supernodes, all to ensure transparent and secure online trading and transactions. DIMCOIN is aiming to reinvent the blockchain financial services industry and deliver a cutting-edge platform for assets and services.
DIMCOIN has announced that its pre-ICO will begin from the 1st of July 2017 at 12:00 CET and go on until the 15th of July at 23:59 CET. The Pre-ICO will give early investors the chance to support the project. DIMCOIN will be rewarding early investors with a 30% bonus during the pre-ICO. Every 100 DIMCOIN purchased during the pre-ICO will receive 1 DIM TOKEN and 30 DIMCOINS BONUS. The pre-ICO price will be set at 100 DIMCOIN per $1.00.
The DIMCOIN ICO will run from the 16th of July at 00:00 CET until the 27th of August at 23:59 CET. The platform has announced a maximum cap of 10 million DIM TOKEN, and 1 billion DIMCOIN, which can be purchased during the ICO campaign.
The bonuses offered during the ICO will gradually decrease after the Pre-ICO starts on the 1st of July 2017. During the Pre-ICO (1 July – 15 July), a bonus of 30% will be offered for the purchase of DIM Tokens. After that, Phase 1 of the ICO (16 July – 29 July) will have 20% bonus, Phase 2 (29 July – 12 August) will offer 15% bonus followed by Phase 3(13 August – 19 August at 10% bonus. The final Phase 4 (20 August – 27 August), last week of the ICO will offer a 5% bonus.
After the first ICO target of $10 million is achieved the price will raise from $0.01 per DIMCOIN to between $0.02 and $0.12. Once it reaches the second goal of $30 million, the price per DIMCOIN will remain fixed at $0.12 until all tokens are sold. DIMCOIN is set to be listed on a few major exchanges shortly after the completion of the ICO.
Images courtesy of bitcoin PR Buzz
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Wall Street’s Crypto Caution Risks Coinbase Gaining ‘Unassailable’ Position Advertisement Cryptocurrency trading revenue is primed to explode within the near future, and Wall Street is running out of time if it hopes to stop industry […]
wolfstreet.com / by Don Quijones/ May 29, 2017
“This sales process is atypical, as the seller itself cannot at this point make a rough calculation of what the value of the entity is, and if they can’t, neither can we.”
By , Spain & Mexico, editor at .
The current share price of Spain’s sixth biggest bank, Banco Popular, at €0.67, is just pennies above its lowest point ever. According to analysts at 20 different investment banks by Bloomberg, the “objective” value of those shares could be anything from €1.50 (Oddo & Cie) to €0.25 (Kepler Cheuvreux).
There’s good reason for this uncertainty: Popular’s books are filled with impaired real estate assets that date back to before the collapse of Spain’s gargantuan real estate bubble. They are now in varying stages of decomposition. And the prices at which they’ve been valued on the bank’s books appear to have little relation with today’s reality.
It now turns out that not even Popular’s management knows what’s really going on on Popular’s books.
Representatives of Banco Santander and majority state-owned Bankia, the two banks studying Popular’s books to decide whether or not to submit a binding offer for the bank before the deadline of June 10, are having serious difficulties trying to understand Popular’s accounts, according to Spain’s financial daily . Although there is “total collaboration” from the struggling entity, Popular’s management has not yet completed its own review of the impaired assets on the bank’s balance sheets and therefore cannot offer a precise valuation of the bank.
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