Democratizing investing

DICE Money
2 min readMay 9, 2018

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While there has been great breakthroughs in technologies and social change, there has been very little in funding them. Cumbersome restrictions allow only a privileged few, those who have the resources to circumvent them, to invest. Government corruption and bureaucratic inertia prevent both domestic and foreign investors from supporting businesses to bring much needed in the developing world. DICE is an innovative form of digital currency that united the benefits of funding with “hard” funds, such as physical notes or cash, with the advantages of online monies.

DICE alleviates traditional restrictions and regulations that stand in the way of raising money, and in turn empowers both the organization and funders. DICE democratizes investing by allowing anyone, even those in states with unstable monetary systems, to mine DICE, even offline, which in allows organizations to receive funding from an increased pool of backers. The offline framework of mining allows DICE to be mined to fund organization in areas with unreliable infrastructure or organized persecution by certain powerful groups.

DICE can neither be hacked nor can it be stolen in the physical world by a thief. DICE does not have a single global framework, which creates slow and cumbersome transaction, but rather a cluster model based around the organizations raising funds. This allows for fast but also free transactions, even when scaled up, something that has never been done before. Fast and free transactions bring e-money for everyday purchases, permitting local communities in underbanked areas to develop flourishing local economies. DICE doesn’t rely on exchanges or require a “wallet”, which further protects DICE from hacking and organized crackdowns. DICE thus combines the benefits of every major system of currency without the major pain points; fast, but free and decentralized and secure from criminals both online and in the physical world.

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