Funds – In this segment we cover the uses of funds when you deposit your wealth in DirtiCoin.
Transparency
Transparency is important for everyone involved with DirtiCoin. When you store your wealth in DirtiCoin, you deserve to know what is being done with it.
Unfortunately for most of us, the traditional custodians of our wealth are not especially transparent. Banks, publicly traded companies, even our governments all tend to happily take our wealth in hand and then do their best to hide what they do with it from us.
When you store your wealth in DirtiCoin its value shows up on the public Asset Ledger (the Ledger) of DirtiCoinMinting, LLC (the Company). The Ledger is a subset of the Company’s balance sheet. Your wealth initially shows up in the Ledger as liquid assets.
Funds – 2 Primary Uses
As the Company builds it operation initially it uses a small portion of the funds you deposit to meet some immediate needs. This includes debts incurred as the Company created DirtiCoin. The remainder is used to back the value of DirtiCoin.
The Company commits 65% of your wealth to purchase real estate assets. The remaining 35% is a cash reserve which we refer to as Liquid Assets. While the liquid assets may be used in the short term to cover operational expenses, very quickly that usage goes away.
As the real estate portfolio grows, revenues generated by the real estate increase. As that happens the Company stops relying on your money to meet operational expenses. Instead, we use a portion of the income generated from real estate assets to meet operational expenses. This means the 35% liquid assets in the Ledger become a stronger protection for your DirtiCoin.
When the Company is functioning as designed, the appreciating value of real estate in the portfolio will increase your wealth. At the same time the liquid assets will be available to meet your routine liquidity needs.
Buying Real Estate Assets
Real estate assets have a wide variety of types, prices, risks, and returns. The Company diversifies its purchases both by geography and by these differing types.
Funds – Types of Real Estate
Many experts divide real estate into four asset classes.
- Residential
- Commercial
- Industrial
- Land
However, not only are there many variations within each of these classes, there are financial instruments which are directly tied to real estate ownership. Some of these are eligible for our investing as well.
Residential
The most common residential property is the single-family residence (SFR). This includes houses, condominiums, duplexes, triplexes, quadplexes, mobile homes on land, and vacation homes.
The second most common residential property is multi-family housing (MFH). Apartment buildings, mobile home parks, townhouses, and condominiums.
Commercial
There are a wide variety of commercial real estate sub-types. Shopping centers, standalone stores, strip malls, medical complexes, educational campuses, recreational facilities, hotels, and offices. Some even include apartment buildings and churches in this category.
Industrial
Some people lump commercial and industrial together. However, the risks, rewards, costs, and concerns are sufficiently different to break these into separate types.
Industrial properties include manufacturing facilities, warehouses, storage facilities, and distribution centers.
Land
The “Land” category often refers to vacant land. Meaning no one is living on it. This includes working farms, ranches, wilderness, recreational areas, and undeveloped vacant land.
Other Real Estate Assets
As we mentioned above, there are also financial instruments that qualify as real estate assets. Their direct ties to land ownership rights qualifies them.
- Tax liens
- Mortgages
- Mineral Rights
The Company invests in a wide variety of real estate assets. However, we always have direct participation of subject matter experts. No one person can be an expert in all these areas. Through our partnering approach we are able to benefit from experts who specialize in each of these different aspects of real estate. We apply strict guidelines to make sure the investment risks are well understood and managed before we commit any funding. If a deal doesn’t meet our guidelines, we walk away to keep your wealth safe. We know that many other opportunities are all around us.
Our Product
DirtiCoin is a virtual currency. It is the product of the Company in exactly the same way that US greenbacks are the product of the US Federal Reserve Bank.
We invested our intellectual and financial capital to create this virtual currency. We deliberately designed DirtiCoin to fill a major gap in your wealth protection. This gap feeds inflation as long as your wealth is held in fiat currencies. You need a commodity-backed currency to safely store your wealth. We have designed DirtiCoin to protect your wealth from both inflation and volatility. Additionally, we designed it to protect your wealth from the exploits of cyber pirates.
Additional Uses
Founders Cut
We set aside a minor portion of each DirtiCoin release as deferred Founders’ compensation. It is divided equally among all the Company founders. We keep this deferred compensation in the Ledger and use it for at least one year. After one year, if conditions allow, we start to pay it to the Founders. They only get this if there are profits to pay it. If there are no profits, then we keep the deferred compensation in the Ledger for the Company’s use until we can pay them. Because we only pay this from the profits it doesn’t affect the real estate appreciation that continues to increase the value of your DirtiDollars (DiD). It doesn’t come out of the wealth you have deposited in DirtiCoin.
Conclusions
Whenever any venture is started it begins with a backlog of debts to be paid. The Company is no exception. A portion of the initial sales of DirtiCoin will be used to pay off these debts and to fund short-term operational expenses. As the real estate begins to perform that will fund operational expenses.
The Asset Ledger will always show you the value of the assets backing your DiD.
