Well this is true, of course. But I'm starting to lose my faith in this coin, and here's why:
-DBIX is falling on coinmarketcap.com every day, whereas other altcoins such as Mooncoin have risen significantly. Position #200 is quite hopeless unless something big happens.
-A combination of BTC + ETH for the Arab world is a good idea, but it might not be necessary. Rich Arabs could just adopt BTC + ETH instead. Localization might be useless if Arabian big shots decide to hop on other trains.
-Transaction times are slow and the wallet is bad. Currently my DBIX on Livecoin are broken somehow.
-The official website doesn't say much and the twitter account has 230 followers, which is nothing.
The only thing going for DBIX is that it has doubled in value during the last month, and keeping in mind that this coin is just a few months old. Sometimes a coin can struggle for years until it makes it.
When I first got introduced to DBIX, it was at $2.50 or something. Now it's well over $4. That's not bad. But it needs more than the initial hype.
It's true that currently the officials in Dubai are implementing blockchain technology into their network, but I don't think they're even using ArabianChain but a private blockchain of their own. Correct me if I'm wrong.
DubaiCoin could be saved if Arabian businessmen indeed adopt the smart contract idea that Ethereum started, and absolutely want it to be localized in the Middle East.
its only 2 months old and at $5,,, Rome was not built in a day. But I understand your sentiments, hopefully you will not be dissappointed, just be patient.
All I can say is these boys are here to stay and do not play to lose, this project is much more than a crypto currency. There is sooooo much stuff that is going on behind the scenes and updates are given, roadmap has been shared.
We buy a few coins and we believe we done the project a big favour...NO ICO NO CROWDFUNDING AND WE ARE $5 IN 2 MONTHS!!! NEED I SAY MORE.
apologies for the caps ,,,, you do have valid concerns and have put them across well. You will not be let down.