Dash Diamond

What is Dash Diamond (DASHD)?

Dash Diamond is the coin designed to incentivize social behavior within the DECENOMY ecosystem. At the heart of DECENOMY lies an ambitious mission to reshape conventional economic models, prioritizing real economic activities while employing advanced technologies for a more inclusive and harmonious global economy. The platform introduces industry-specific coins to enhance focus on various sectors, leveraging blockchain and artificial intelligence to realize a future marked by fairness, inclusivity, and connectivity.

Overview

According to its white paper, Dash Diamond is a cryptocurrency amalgamating features from two popular Proof-of-Stake and masternode cryptocurrencies, Dash and PIVX. DASHD aims for fast, secure, and cost-effective transactions, intending to address usability issues faced by many cryptocurrencies and become the native currency of the internet. Key features include proof-of-stake, masternode functionality, a secure network, instant send, and near-zero transaction fees.

Staking and Masternode

Staking DASHD is made simple through platforms like stackofstake, requiring users to deposit DASHD for automatic earnings. In contrast, masternodes, which yield higher returns but involve maintenance fees, can be easily set up through platforms like Gentarium.

DECENOMY's Vision and Innovation

DECENOMY envisions a future marked by decentralization, cutting-edge technologies, transparency, fairness, and sustainability. It uniquely adapts to different jurisdictions through transparent smart contracts, maintaining internal consistency while complying with local laws and regulations globally. DECENOMY strives to be a catalyst for positive change, addressing challenges like climate change and social inequality while harnessing technologies like blockchain, smart contracts, artificial intelligence, and collective intelligence.

Integration with Traditional Systems

While operating as a decentralized entity, DECENOMY recognizes the importance of connecting with traditional systems. Embracing interoperability, the platform integrates with existing financial infrastructures and various blockchain networks, ensuring it remains connected to traditional economic systems. DECENOMY's market integration extends beyond the digital realm, addressing challenges faced by traditional economies through industry-specific coins.

DECENOMY's Asset Provider Portal

DECENOMY stands as an innovative force, transforming traditional assets into digital assets through seamless tokenization. The Asset Provider Portal empowers users to tokenize a diverse range of assets, enhancing liquidity and accessibility in the market. Its innovative strategy in steering the money supply ensures stability, adaptability, and alignment with regulatory frameworks.

Connecting with National Law Enforcement Units

DECENOMY achieves integration with traditional systems and real-world impact through APIs and interfaces. These conduits connect the decentralized platform with local economies and national law enforcement institutions, enabling seamless communication and data exchange. DECENOMY actively engages in curating an extensive asset register, ensuring transparent and secure ownership records through NFTs.

Use Cases

Tokenization of Real Estate and Maritime Infrastructure

DECENOMY demonstrates its forward-thinking approach through use cases like the tokenization of real estate and maritime infrastructure. The tokenization of real estate introduces liquidity and divisibility, democratizing real estate investment. Similarly, the creation of a ship register through fractional ownership streamlines processes in the maritime industry, enhancing transparency and accountability.

Impact Token

DECENOMY introduces an impact token, emphasizing sustainability and positive global change. This token quantifies and measures the positive impact generated by economic activities within the ecosystem, creating a unique incentive mechanism. DECENOMY's incorporation of an impact token positions it as a platform transcending mere economic transactions, underlining the importance of contributing to a sustainable and socially responsible global economy.

Deconomy Project Development

DECENOMY has unveiled its ambitious roadmap for 2024 and early 2025, signaling a strategic plan for growth and development in the asset tokenization industry. The project's key objectives include expanding its network, fostering thought leadership, and solidifying its position as a prominent force in the decentralized economy.

• In Q1 2024, DECENOMY plans to evaluate potential Asset Providers, ensuring alignment with its vision. The initiation of the second phase of the Know-Your-Customer (KYC) process reflects the project's commitment to transparency and regulatory compliance.
• Q2 is marked by pivotal developments, including the establishment of a Think Tank for industry experts and formalizing agreements with new Asset Providers. The introduction of a listing mechanism aims to streamline onboarding and enhance transparency.
• Q3 emphasizes outreach and expansion, with Think Tank events and exploration of opportunities for growth through partnerships and market entry. Technical coin features are set to improve functionality, usability, and security.
• In Q4, DECENOMY will present its platform to the public, introduce new tokens, potentially develop unique coins, and launch a flagship project, showcasing its ecosystem's capabilities.
• Early 2025 will witness the official platform launch, enabling asset trading and marking a significant milestone in DECENOMY's development. The strategic approach to growth, quality partnerships, and thought leadership positions DECENOMY as a leader in the asset tokenization space, promising significant developments in the future.

Dash Diamond Price Analysis

As of December 21 2024 Dash Diamond has a marketcap of $1.1M. This is {{percentagefromath}} from its all time high of $54.70. In terms of its tokenomics, there's a total supply of 437M with 100% currently outstanding. Keep in mind Dash Diamond has a fully diluted value of $1.1M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.