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DICE A NEW GENERATION SOSIAL CRYPTOCURRENCY


INTRODUCTION

The rise of the cryptocurrencies in the past few years led to increased freedom and new ways to trade, generate and hold equity, and raise funds for business. The last one in its ICO form is quickly becoming a popular choice for seed fundraising in hi-tech start-ups. only a few non-IT/non-Fintech companies have managed to adapt the cryptocurrency model and turn it into a successful ICO, while the traditional Angel/VC route is still more prevalent for such companies


WHAT IS DICE ?

DICE (DIgital Certificate ) is core element in the new mode. DICE is a sequence of 1024 bits which conform to a certain set of rules. Valid DICE units can be stored and later exchanged for physical goods, services, or digital content in a process called Trading. The process of creating new DICE units is called Mining, in which computing power is used to generate a block of 1024 bits which can be considered as a valid DICE. The DICE economy is not based on a blockchain. Instead, it consists of small clusters of Miners gathered around entities called Operators - IT hubs whose purpose is to perform validation of DICE units, and to maintain a database of DICE units associated with that particular operator. Any type of entity can be an operator in the global DICE economy




DICE CONCEPT A POST-BLOCKCHAIN REVOLUTION

 
 1. Dice has no Single Ledger

There is no single transaction public ledger, instead we introduce a new “cluster model” of unconnected peers  (called “operators”)  all working within a  singular more efficient global ecosystem. 
The global economy may consist of millions of unconnected ledgers, some public, others private, but none of them storing any transactions at all. Yet everything works in a perfectly synchronised way.


2. DICE is practically impossible to steal 
 Can the greatest ever hacker steal even a single physical atom? The answer is no. Hackers can only steal data, but DICE exist as objects in the real world.
In order to steal DICE, first you need to gain access to, you then need to hack, without any guarantee you can. As every DICE is unique, you would need to attempt a hack for every individual DICE making the effort outweigh the possible result. 


3. Unite around a common purpose 
One of the biggest problems of the today’s society is inequality. The 1% getting richer with the rest of us getting poorer.
DICE is an entirely new model of economy in which people have the power to create the tradeable assets themselves, and at the same time help building ventures in which they believe. Mining to support your close friend’s funky start-up, or for your local hospital, charity or school, or for a million other things – the power of choice is in everyone’s hands, with minimal costs.
Our “crowdmine funding” is one of the biggest advances in the modern financial world.


4. Absolutely free transactions 

Why would anyone agree to get charged for giving money to someone else ? 


5. DICE can be mined offline 

The ability for offline mining opens possibilities for some very interesting and advanced fintech products that we will see in the near future. 


6. Further DICE features 


  • Does not require a digital wallet or rely on an exchange

  • Enables anyone to become a socially significant entity
  • Not affected by blockchain hacking and clampdown 



SOME PROBLEMS IN DICE

1. The Weakness of Blockchain Technology
Blockchain technology presents certain key inherent problems for other crypto currencies. The time it takes to mine, the time it takes to process transactions, transactional cost and these factors create a major problem for the environment, with 35 TWh used to create bitcoin alone up-to Dec 2017- that's more electricity consumption than 60% of countries in the world.

Only 0 5%** of the population owns bitcoin, while a much larger percentage has heard of it and everyone is aware of the significant gains investors have been making to date. Existing crypto currencies are not accessible, party down to the complexity, price fluctuations and cost to either mine or purchase.

The average person/organisation is not able to access equity funding. Individuals often do not have enough disposable income in order to improve their circumstances by investing in companies.

It is now possible for transactions to be traced on the blockchain. The public ledger is not as secure as it was envisaged it would be.


The Solution

Replace the blockchain with a cluster model. A cluster model is an independent network of users revolving around a single point, usually an organisation (called an "operator") This drastically increases the speed, reduces the cost and energy consumption, as it eliminates the need for a single public ledger, removing a mountain of synchronization challenges associated with blockchain. Instead, there are as many different ledgers as there are operators.

Replace the blockchain with a cluster model. A cluster model is an independent network of users revolving around a single point, usually an organisation (called an "operator") This drastically increases the speed, reduces the cost and energy consumption, as it eliminates the need for a single public ledger, removing a mountain of synchronization challenges associated with blockchain. Instead, there are as many different ledgers as there are operators.

We bring you crowd mining. The principle of crowd mining is similar to crowd funding platforms (a $16* bn market), with the difference being that individuals do not invest capital, instead they download software that generates DICE locally. This process is called mining. The mined DICE are then converted into equity by the organisation at the end of the crowd mining round.

DICE is not susceptible to the weaknesses of the blockchain. Our cluster chains are completely unconnected. Even if one or more collapse, the remaining networks remain intact. Furthermore, DICE units cannot be faked nor stolen. They can only be used in a transaction if confirmed by their owner. No personal details are exchanged. Users only know what others choose to reveal. No one knows anything about anyone else's transactions or balances, in a similar way to cash.


The DICE Money ICO

DICE Money is a commercial entity focused on development and distribution of end-user products and solutions for the DICE ecosystem. The purpose of DICE Money’s ICO is to ensure initial market penetration of DICE through the use of already established Blockchain technology. A secondary goal is to raise funds for the business and further development of the DICE global ecosystem. The ICO for funding DICE Money will be in the form of a separate Ethereum-based ERC20 utility type token called “Dicet” (exchange symbol “CET”), which can be traded as separate asset on the blockchain market. DICE Money consists of 100,000,000 Dicets priced in Ethers and allocated to six stakeholder groups.

 
 

Pre-ICO Sale

5,000,000 Dicets at a discounted price of 0.0005 ETH per token. Available only until the quantity is sold out. Additional to this, for the first 100 transactions made the price will be further discounted at only 0.0003 ETH per token. Pre-ICO sale offers the opportunity to early adopters to acquire Dicet at the lowest cost.


DICE ROADMAP 




DICE TEAM



More information :

Website : https://www.dice.money/
Whitepaper : https://www.dice.money/white-paper/
Facebook : https://www.facebook.com/DICEsup/
Twitter : http://twitter.com/dicesup


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