DIMCOIN, the Future of Equity on Blockchain, Proudly Announces ICO
https://coinidol.com/dimcoin-announces-ico/
https://coinidol.com/dimcoin-announces-ico/
"The DIM-COIN has a quantity commitment of 9 billion coins with the initial price starting at $0.01."
Good to see another NEM based ICO but an initial valuation of 90 million seems way too high. I haven't gone through the entire white paper but hard to justify that price IMO.
You are right, it is way too expensive!
Ecobit is even more expensive, it makes no sense at all.
ICO is not for collecting money to start a project anymore,
it is just for take the money from people who have no idea.
Status is also a good example for that!
0.01USD is expensive? I wonder what's cheap for you.
I haven't gone through the whitepaper too but this is a good start for NEM. NEM platform is already mature enough for some tokens to be created on its chain. We're all waiting for all these to happen.
Man, you have to keep the market cap in mind!
DIM has 9 billion Coins, with this price the market cap would be round about 90 million $!
Do you think DIM is 90 million worth right now!?
Then go and buy some...
NEM hast the same value of Coins, what was the price of XEM at the beginning?
Think about that...
We are in a new era now. ICOs are very valuable for the crypto market. ICOs are the main reason why the bull market is still sustained. We might not see a bear market at all this year if not next year either. Unfortunately more than 50% of the ICOs will fail. You've got to be too careful investing in any. I think 2018 will be the year for NEM ICOs. Perhaps all awaiting catapult.
It has nothing to do with the new era!
It is just a simple mathematic calculation!
I am not saying that these Coins are scam, but the price will not go up when they are tradeable on the market for a long time.
The price will even fall imo, just because the ICO was too expensive....
That is not the way ICO's should be,
because it is always a risky investion with the hope to get more money back and not less!
But it is the fault of the people to be stupid enough to pay mostly everything the investors ask for!
If the people won't do that, we would have fair ICO's again...
If you look into past ICO's that are now listed, almost all lost marketcap. ICO's are way overvalued right now. I bought my NEM stake at a 6 figure marketcap. It's hard to justify 90 million based only on a whitepaper. Best bet for these ICO's is to wait until they are listed and see what the market price is before investing. Chances are you'll get a better price than the ICO.
I will also wait and buy DIM when it is tradeable!
