Milestone — First TOKEN Payout Complete

DIMCOIN
DIMCOIN
2 min readFeb 6, 2018

--

The DIM TOKEN holders’ first payouts went smoothly last week as 6820 participants received their rewards which ended on Saturday, 3rd of February. A total of 1961699 DIMCOIN were successfully distributed.

As stated in our Whitepaper, 50+ TOKEN holders received their first monthly share of the 30% net transaction fees completed within the DIM Ecosystem. A vote amongst TOKEN holders is going to be undertaken as to whether this should be done monthly or quarterly once we have established the voting system. The next payout will be end of June.

The advantage of a quarterly payout are reduced transaction costs, i.e. greater returns. The TOKEN holders will have the opportunity to vote after the next payout. Low transaction volumes dictate low accumulated fees without HYBSE up and running. DIMCOIN has decided to allow optimisation of distribution to TOKEN holders by reducing the frequency of payouts until transactions in the DIM Ecosystem increase.

As the interest in DIMCOIN gains momentum, and the developments of the Hybrid Stock Exchange become acknowledged, the amount of transactions and general use of DIMCOIN will continue to increase accordingly — further rewarding TOKEN holders.

For now, we thank the DIM Community for the support and positivity you have shown through the development of our Ecosystem, and look forward to taking the first steps of this long journey with you.

--

--

DIMCOIN
DIMCOIN

The Data Interchange Module cryptocurrency is a peer-to-peer, quantity committed, secure, private and robust digital medium of exchange. https://www.dimcoin.io/