Diem (DIEM) - Abandoned or No Volume | Coinopsy
Diem (DIEM) - Dead Coins

Diem (DIEM) - Abandoned or No Volume | Coinopsy

Diem was founded in 2014, it is not trading on any exchanges. Diem was added to the dead coins list due to being Abandoned or No Volume. Founder/CEO is Unknown.

Summary

  • Main reasons for dead coin listing Abandoned or No Volume.
  • Started 2014, Ended 2017.
  • Social media ended 2017.
  • Trading ticker (DIEM).
  • 21,739,971,929 Coins total.
  • Not available to trade on any exchanges.
  • Was built on standalone blockchain.
  • Website is down.
  • The Founder/SEO is Unknown.

Further Details

Notes

Some would call us a ninja mined coin. In the original specs for Carpe Diem Coin the block rewards halved daily so if you weren’t mining in the first couple days it wasn’t worth mining. Unfortunately our original dev didn’t have a plan for what would happen once the block reward got so low no one would mine it. Once DIEM got a little traction and rose in value he disappeared, after I would assume he sold off his coins. We haven’t heard for him since. It took a while for the community to realise what had happened and as the fact that he was gone became obvious we got worried. However that didn’t last long, we went through our panic stage and quickly went into fix it mode. Tripppn (me) and apmapm12 (neither of us are “devs” in the technical sense) took the reigns with the support of a small group of core DIEM believers and after many rough patches got DIEM into a stable place. DIEM’s blockchain was slowly dying even with a couple people mining for nothing there was no stopping the bleeding. Our only choice was to create a whole new coin from scratch and have a trade in of the old DIEM for the new DIEM. This was not an easy choice but the only choice from what we were told after talking to many devs of other coins. So we did a trade in that lasted about a month at which time the old blockchain eventually withered and died. Because of the trade in we were left with what we call the “Unclaimed Fund” holding a large number of coins that went unclaimed. We thought about what we could do with this fund and put it up for a vote on the Bitcoin Talk thread. Option 1: Destroy the unclaimed coins. Option 2: Put it to use much like a pre mine would be used. The vote went heavily in favor of putting it to good use. The plan with the fund will be talked about later on. So out of the chaos of our dev leaving us our community was given a gift of a large amount of coins to do rebuild with.

Links

https://coinmarketcap.com/currencies/diem/ https://bitcointalk.org/index.php?topic=588310.0

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