Initial Release – First Run of DirtiCoin
DirtiCoinMinting (the Company) determined projections for the release of DirtiCoin over the next five years based on market trends driving investors to seek hedges against volatility and inflation (See Initial Valuation). We have also factored in the size of the real estate market in the USA and our abilities to penetrate those markets.
Rather than simply amassing a “war chest” and rushing into the market, we have targeted specific markets and gauged how much inventory is available. We then measure this inventory against expert opinions on how much capital can be absorbed safely and quickly into those markets.
Our initial release (minting) of DirtiCoin will be 15,000,000 DirtiDollars (DiD). This is approximately $1.5 billion USD. About 65% of that, or about $1 billion USD is for real estate investing.
We will use this in six different markets across the USA. We will fully deploy this money within one year of the initial release.
The Coin Cap versus Circulation
DirtiCoin has a Coin Cap of 500 million DiD. This is an outer limit, set by DiD holders (the DirtiCoinDAO). Within that boundary, the Company can mint DirtiCoin as needed.
The amount of DirtiCoin which has been minted is the “Circulation.” Only the DirtiCoin in circulation affect the value of each DiD.
Some so-called experts will assert that the value of DiD is a factor of the Coin Cap. That is the same as saying that the value of gold is determined by how much gold might be discovered. Until gold is actually discovered, pulled out of the ground, and processed, it doesn’t really impact the price of gold. Coin Cap is a potential. Circulation is actual.
You don’t have to be an expert to calculate the value of a DiD. Jus do some simple division. Divide the value of the Asset Ledger by the number of DiD in Circulation and you have the value of each DiD. No college degree required. Heck, you don’t even need a High School Diploma or GED to be qualified to calculate that.
Initial Release – Beyond Year 1
In Year 2 we expect to mint another 50 million DiD to fund another 6 target markets and to expand the existing markets.
By Year 3 we plan to have stood up operations in a total of 24 markets and we will be minting another 50 million DiD to fund these efforts.
Year 4 we will mint another 75 million DiD while we increase to 36 markets.
In our 5th year we will expand to a total of 54 markets and add another 100 million DiD to bring our total DiD in circulation to 290 million.
Inflation versus More DiD
DirtiCoin fights inflation because it is backed by real estate. You determine the exact value of a DiD by dividing the value of the Ledger by the number of DiD in circulation. This means that, whenever we add DiD to circulation there is a brief period of inflation where the value of each DiD declines slightly.
DiD inflation is very temporary. We add newly minted DiD to the Ledger, increasing its value and increasing the amount in circulation. As 65% of the newly minted DiD is used to buy real estate, the value of each DiD comes up beyond the prior level. This wipes out the temporary inflation and replaces it with an increase in the purchasing power of the wealth you have stored in DiD.
Initial Release – Growing the Value of DiD
It should go without saying that we don’t pay market value for real estate. We are experts at acquiring real estate at below market values. Because of that, each real estate acquisition adds value to the Asset Ledger (the Ledger) beyond the amount invested. Furthermore, real estate values tend to go up (appreciate) over time. This is what helps make them a hedge against inflation.
Growing appreciation and the difference between our acquisition costs and the value of our portfolio contribute directly to the Real Estate Value entry in the Ledger. This, in turn, directly increases the value of each DiD.
Every month, we adjust the value of DiD based on the Ledger. We sell DiD, old or newly minted, at the new price. Over time, this means that each new minting is worth more both because of the increase in the number of DiD and because of the increased value of each DiD.
Who Can Buy DirtiCoin?
Who can buy a one hundred dollar bill of US currency? Because is a currency, anyone cany buy it. That is true for DirtiCoin.
A single DiD is worth about $100 USD, so anyone with a hundred bucks can buy it.
DirtiCoin isn’t a security, so you don’t have to be a “sophisticated investor” with a net worth of $500k to buy it.
Because DirtiCoin is a virtual currency, you must have a digital wallet to buy it. Your wallet has to be able to store DirtiCoin.
To buy DirtiCoin from us, you will need to do some of the same things necessary to get a bank account in the USA. Mostly, this means you have to prove you are who you say you are. You also need to tell us where you got the money you used to buy DirtiCoin. Even though that isn’t really any of our business, the US Government has passed some laws that require it.
If you are living in a country that is under certain international sanctions, you won’t be able to buy DirtiCoin from us. That list changes over time, so keep checking.
Initial Release – How Much DirtiCoin Can You Buy?
How much DirtiCoin do you want? Our initial release is 15 million DiD. Each DiD is worth about $100 USD. Buy as much as you can. It is the only currency that protects you from both inflation and volatility.
Conclusions
Anyone with a digital wallet can buy DirtiCoin, as long as they can pass the US government required verifications.
Based on current market conditions, the initial minting of 15 million DiD is a conservative amount.
Our Five Year Plan will see us in 54 markets across the USA with a market cap of more than 290 million DiD.
Plans change. If the circumstances warrant it, we may expand internationally during the next five years. If that happens, our Coin Cap of 500 million DiD may not be sufficient.