The Didcoin (DID), also called ‘Digital Dinar,’ self-proclaims to be a financial instrument for regions in the Middle East. Didcoin as a platform aims to fill the void left by the lack of online financial systems by providing an ecosystem of tools and services based on blockchain technology. The Didcoin endeavors to be an all-in-one payment, trading, and purchasing solution that can also be accumulated to allow users to build their capital.
According to its whitepaper, technology is both a facilitator and a source of new opportunities. The platform seeks to address transaction-related difficulties, such as inflation, price volatility, gas and transaction costs, fund transfers, and many others utilizing the blockchain. The platform seeks to provide unique features through Didcoin, such as an easier payment method with near-zero gas fees, multi-cryptocurrency transfer, and act as an incentive to store and accumulate. Further, the token also seeks to poise as a convenient way for credit or borrowing connecting to the decentralized finance or DeFi.
Another vital feature that Didcoin seeks to offer is the token purchase process. By installing ATMs in and around specific locations and through plastic cards, the platform seeks to enable affordable acquisition of the tokens. Besides, through partnerships with private companies such as gas stations, hotels, stores, and cafes, the platform seeks to offer discounts and bonuses for Didcoin.
Represented by DID, Didcoin allocates 51 percent of the tokens for the foundation, according to the official document. Another 15 percent of the allocation is for the Didcoin team, and the balance is for listing purposes, marketing, and advertising.
