Bitcoin Forum

Shall one pass KYC/AML/etc. procedures to partisipate in the ICO?

Do you have news channel?

When tokens will be listed on the exchanges?

Do you have bonus for the presale period?

Where do you see the project in 2 years? What are your expectations?

This project is soooo good, the team and all, starting to get traction!

Very good project and team, something new!

What is the total supply of tokens?

As they say, diamonds are eternal. Now the Chinese are very rich, so I am not surprised that this project is mainly aimed at China. Chinese tourists take the first place in number. The Chinese have bought up Africa, dominate as trading partners in America.

Is there a max number of people who can register on the whitelist?

I think this project has a great purpose, want to create a strong currency based on blockchain, so someone who has the token, will hold full rights to the token.

Yes! Finally a team with experience!

How does your project earn money?

What are the competitors of the project at the moment?

Please, tell us about the main idea of your project

Delivering is the most important thing now, these guys CAN DO IT!

Will there be a vesting period for team tokens?

What is the jurisdiction of your business?

Diamonds only have value because people say they have value, lobster used to be cheap as they were considered like the rat of the sea. If only I could go back in time and but all them cheap cheap lobsters I'd be lamboing for sure right now

Can investors from China participate in your ICO?

Can US citizens participate in your ICO?

Is it possible to pay with fiat currencies?

Yes, you should pass KYC.


Of course! Please join our Twitter (https://twitter.com/D1coin/), Facebook (https://www.facebook.com/D1coin/) and Medium (https://medium.com/d1coin)


We're sorry, but no  :(


Current D1 coin rate:
0.0986 ETH | 0.002575 BTC | 8.5 USD

No, we don't throw diamonds around  :D

No. Restricted countries: China, Singapore and the United States of America


You can pay in ETH, BTC, USDT.


Only in ETH, BTC, USDT.

What are the dates of your ICO?

From what is such conclusion?

From 11/01/2018 midnight to 03/31/2019 midnight

When will we get tokens to our wallets?

Tokens will be locked up until the end of the sale. D1 Coins will be distributed to purchasers' wallets within 1 month from the date the Crowd-sale ends.

In fact, they are pretty valuable. First of all, they are extremely rare, and many stones are truly unique. Jewelry made of diamonds often shows examples of craftsmanship of real artists. We're sure there can't be any discussion about the value of all painting masterpieces which trade for hundreds of USD mln. This case is far wider that the precious metals and gems; we draw parallels with all collectibles.

Ok, so let's be clear: you are making an asset backed token which will have its value linked to the global diamond market. Can you please elaborate on potential benchmarks. Are there any?

Well, the market is pretty well measured. You might have seen in our starting entry that there is an industry indicator called Rapaport Diamond Price Index. It has been calculated since 1976 and serves the sector well. Some details are here: https://www.diamonds.net/Prices/RAPIDiamondIndex.aspx

Yes, I know RAPI for some time. Actually, it is a good move to give the market some alternative. Hopehully, D1 token will get liquid enough to serve as a new benchy, ha?

Diamonds are nothing like lobsters. Seafood is very widely spread and lobsters and crawfish do reproduce fast enough. Precious metals are way more rare and have limited deposits.

Let me add some questions too. How about those rules/legislation you are bound to? How are you supposed to deal with that? Diamonds are really rare you know, and we all know they value more than crypto. Why not invest in diamond itself then rather than starting up something in crypto?

What diamonds are in D1 reserve?

D1 diamonds range from 0.3 to 6 carats or higher, Clarity VS1 or higher, Color F or higher, Very Good and Excellent Cut. D1 diamonds strictly comply with GIA Diamond Reports for every single diamond in our reserve.

What is D1 coin?

The D1 Coin is a virtual currency built on the Ethereum blockchain. A fractional value of investment grade diamonds backs D1 Coins. With the value of the D1 Coin being a function of not just market forces but also the importance of natural diamonds, owners of D1 Coins benefit from enhanced downside protection as they can exchange their D1 Coins for investment grade diamonds at any time. Also, D1 Coins are a perfect counter-cyclical asset offering contributors to the crypto universe protection against adverse market movements, similar to gold or US Government bonds in traditional markets.

Will i be able to get real diamond for my token?

Why as user i need to buy your token?

D1 Coin provides a safe alternative for individuals who are interested in cryptocurrencies, as it has actual intrinsic value, being backed by physical diamonds. Cryptocurrencies work as an investment when backed by demand from participants in the network. However, there are no safeguards for non-asset-backed cryptocurrencies to cushion against abrupt and drastic drops in prices. As D1 Coin is backed by physical diamonds which can be redeemed at any time, users are assured of stability and security. Therefore, D1 Coin is much less likely to be subject to the same degree of price volatility which characterizes much of the cryptocurrency market.

What benefits will i get as merchant?

Merchants benefit from D1 Coin being a more stable payment medium as compared to other non- asset-backed cryptocurrencies. Merchants can participate in the growth of cryptocurrency payments, enjoying the benefits of transacting with cryptocurrencies. These include cheaper processing fees, faster pay-outs, no chargebacks and feasible micro transactions, while avoiding the risk of large price fluctuations in some cryptocurrencies.

Why "digital" rights on diamond better than classic way?

With digital asset ownership there is an undeniable proof of ownership, which can’t be easily destroyed like a piece of paper. Ownership records cannot be altered by centralized authorities and a bank or government would not have the ability to seize digital ownership of an asset.

What is d1 coin?

How do you ensure 100% backing of every d1 coin by diamonds?

The D1 Coin is a virtual currency built on the Ethereum blockchain. A fractional value of investment grade diamonds backs D1 Coins. With the value of the D1 Coin being a function of not just market forces but also the importance of natural diamonds, owners of D1 Coins benefit from enhanced downside protection as they can exchange their D1 Coins for investment grade diamonds at any time. Also, D1 Coins are a perfect counter-cyclical asset offering contributors to the crypto universe protection against adverse market movements, similar to gold or US Government bonds in traditional markets. Every transaction (minting, transferring or burning of D1 Coins) is on the blockchain. As soon as D1 receives funds from the buyer of tokens, D1 procures diamonds from suppliers. After the verification of diamonds by GIA, D1 issues new tokens.

Sure. There are diversification and better medium of exchange

I wonder how true that this project is a diamond-backed one.
And if they will really deliver those diamonds upon client request.
Such transportation requires numerous documentation to fulfil.
This process is bit complicated though presented as simple one.

The D1 coin is an asset-backed token, which provides an opportunity to exchange X coins for diamonds from the safe storage facility, which underpin the cost of D1.

Each D1 Coin is backed by 1/1000th of a diamond of the following approximate parameters, as certified by the GIA: round brilliant shape, 1 carat, color D-F, EX - VG cut, IF-VS1 clarity.

There are three options: (1) Private sale for accredited early customers for large-scale subscriptions, (2) Public Pre-sale for general customers and (3) Crowd-sale for general customers. During the invoice creation process, a contributor will have to provide a PUBLIC key to his wallet. We produce diamonds exclusively from Alrosa, the largest diamond company in the World, and its downstream partners. Alrosa doesn't have operations in conflict areas. All the diamonds are verified by GIA Every diamond supplied by the Diamond Supplier will be checked by professionals for compliance with its characteristics as listed in the accompanying GIA certification. Generally, the range for the carats of diamonds sourced is 0.3 to 6.0. In addition, D1 Agent shall, in due time, establish a Unique Diamonds Acquisition (UDA) group, which will combine mathematical analytics and market intelligence to determine the appropriate acquisition price of unique diamonds. These diamonds will be quantified in D1 Coins on a cost-plus basis.

Our security standards are state-of-the-art. Cold wallets are stored offline and are safe from attacks multi-signature wallets regulate all spendings.

Can i change my real diiamonds to your digital tokens? :D

Diamonds are stored in secure vaults in Singapore (and Switzerland in the future), operated by industry leading safe storage operators Brinks and Malca-Amit.

Each D1 Coin is backed by 1/1000th of a diamond of the following approximate parameters, as certified by the GIA: round brilliant shape, 1 carat, color D-F, EX - VG cut, IF-VS1 clarity.

One of the primary advantages of having real world assets on blockchain is to increase their liquidity in contrast to classic market where diamonds, real estate, or collectibles require more time due to the lower volume of secondary market trading activity

Can i buy with friends one diamond?

Can i buy with friends one diamond?

That's the point! Some assets require a primary owner of the underlying asset, for example, each individual diamond does not allow joint ownership. Tokens increase the potential for fractional and shared ownership because tokens are divisible. A tokenized diamond could be easily divided among the several owners. That's the point! Some assets require a primary owner of the underlying asset, for example, each individual diamond does not allow joint ownership. Tokens increase the potential for fractional and shared ownership because tokens are divisible. A tokenized diamond could be easily divided among the several owners.

how do you certify diamonds?

how can i redeem my d1 coins?

All diamonds have GIA Diamonds Reports. GIA is the golden standard of the diamond industry.

What blockchain do you use?

Customers can redeem their D1 for diamonds in three steps: One, select specific diamond(s) on the d1coin.io website and book these diamond(s) for redemption. Two, select a delivery option. The customer can choose global express delivery or pick up the diamond(s) personally at one of the D1 Vaults. Time of delivery may vary depending on availability of specific diamond(s) chosen by the customer. Three, pay for the diamond(s) in D1 Coins.

Who is auditing the value of the vault?

The D1 Coin is a virtual currency built on the Ethereum blockchain using the ERC-20 standard, which allows for the creation of customized digital assets and currencies.

Do you have a bounty program?

Why naming is D1?

We use a TOP-10 audit firm to audit the diamond reserve on a quarterly basis. The D1 Coin is a virtual currency built on the Ethereum blockchain using the ERC-20 standard, which allows for the creation of customized digital assets and currencies. Blockchain technology was chosen as the platform to digitize physical diamonds, because transactions through cryptocurrency are fast and divisible, presenting a solution to the issue of diamonds traditionally being an illiquid asset. Through D1 Coins, owners can effectively purchase fractional parts of a diamond. Furthermore, blockchain technology will grant D1 Coin users greater privacy, security and offer lower transaction fees.

D1 is named after M1, a term from economics, which refers to the base monetary supply, i.e. all the cash and equivalent circulating in the economy. D1 represents the diamonds circulating in the economy, which have an estimated market value of USD 1 trillion. In one US Dollar you own a small fraction of the total M1 of USD 3.62 trillion

how do you see your future development?

D1 Coin still needs more support from the community, visible in the lack of followers on their twitter, because it is important for a new project to get a lot of support first to reach the stage of success for the project

how do you see your future development?

 in the D1 Coin you own a fraction of institutionally-certified, securely vaulted stock of high-grade diamonds. The D1 Coin is a diamond-backed token, with each D1 Coin pegged to the value of a fraction of an authentic, natural diamond, a proxy for ownership of a share of the world’s diamond reserve that has proven to be 100x more resilient to devaluation than US Dollar.

Many future applications for D1 Coins are planned to enhance the minting, trading, storage and redemption of D1 Coins. Amongst the new developments will be: a high security coin vault for D1 Coins and other cryptocurrencies, providing individual offline servers for coins owners located geographically remote secured locations

how is the number of coins correlated to the number of diamonds?

why did you decide to make it on blockchain?

Many future applications for D1 Coins are planned to enhance the minting, trading, storage and redemption of D1 Coins. Amongst the new developments will be: a high security coin vault for D1 Coins and other cryptocurrencies, providing individual offline servers for coins owners located geographically remote secured locations; D1 Coin investment programs to enable saving for life events by investment in the diamonds as an asset class; Diamond-specific D1 Coins that represent ownership in individual single high value diamonds; Diamond Hearts, a diamond gifting program which enable D1 Coin owners to anonymously reward people and charities of their choice; Closed market currency for Casinos/Junket Operations, gaming and online betting; Gift coupons for the luxury retail market; etc.

For every diamond deposited into the vault, a corresponding number of D1 Coins will be minted according to the D1 Matrix. The D1 Coins are then sold by the D1 Mint to buyers in the market, in exchange for either fiat currencies or cryptocurrencies.

Blockchain technology was chosen as the platform to digitize physical diamonds, because transactions through cryptocurrency are fast and divisible, presenting a solution to the issue of diamonds traditionally being an illiquid asset. Through D1 Coins, owners can effectively purchase fractional parts of a diamond. Furthermore, blockchain technology will grant D1 Coin users greater privacy, security and offer lower transaction fees.

There are three options: (1) Private sale for accredited early customers for large-scale subscriptions, (2) Public Pre-sale for general customers and (3) Crowd-sale for general customers. Each D1 Coin represents a 1/1000 fraction of a model 1 carat, F color, VS1 clarity Excellent Cut diamond.

Tokens will be locked up until the end of the sale. D1 Coins will be distributed to purchasers' wallets within 1 month from the date the Crowd-sale ends. D1 buys Diamonds from major integrated diamond producers and diamond polishing companies, including Alrosa, KGK Group, and Kristall Smolensk.

For every diamond deposited into the vault, a corresponding number of D1 Coins will be minted according to the D1 Matrix. The D1 Coins are then sold by the D1 Mint to buyers in the market, in exchange for either fiat currencies or cryptocurrencies.

what about liquidity?

  Diamond-specific D1 Coins that represent ownership in individual single high value diamonds

 Diamond Hearts, a diamond gifting program which enable D1 Coin owners to anonymously reward people and charities of their choice

  Closed market currency for Casinos/Junket Operations, gaming and online betting

What about the proccess of getting diamonds?

What about your Operations Director?

You do not think you have too many bots doing a bumping service? I do not think that any mod takes a long time to pass by here as you continue like this.

  etc.

Who is your technical director?

Any use cases for new crypto users?

One of the primary advantages of having real world assets on blockchain is to increase their liquidity in contrast to classic market where diamonds, real estate, or collectibles require more time due to the lower volume of secondary market trading activity Every diamond supplied by the Diamond Supplier will be checked by professionals for compliance with its characteristics as listed in the accompanying GIA certification. Generally, the range for the carats of diamonds sourced is 0.3 to 6.0. In addition, D1 Agent shall, in due time, establish a Unique Diamonds Acquisition (UDA) group, which will combine mathematical analytics and market intelligence to determine the appropriate acquisition price of unique diamonds. These diamonds will be quantified in D1 Coins on a cost-plus basis. Our operations director is Bill Claxton. He is a seasoned entrepreneur with more than 15 years of experience in the technology industry. He is currently the operations director at Ledgeris, a new partnership between himself and U-Zyn Chua. D1 Coins will be distributed to purchasers' wallets within 1 month from the date the Crowd-sale ends. GIA-certified investment grade diamonds back D1coin. We will take the time mentioned above to get your diamonds delivered to our Vault in Singapore, get checked for compliance and safely deposited in the vault. They are Jeff Wentworth and William Metcalfe. You can check out their LinkedIns (https://www.linkedin.com/in/wentworth/) and (https://www.linkedin.com/in/wmetcalfe/)

What do you mean under "safer option" at use cases?

D1 Coin provides a safer option to participate in the blockchain and cryptocurrency space, while protecting users’ wealth. Backed by diamonds, D1 Coins have a clear intrinsic value.

Thread reported.

It means that the price of diamonds have appreciated steadily over the past century, and users who seek to enjoy similar capital gains can now do so in a simple, private and secure way with D1 Coins.

Hello everyone!

Please read our new article about the Solution to the Biggest Problem in Diamond Investing!

https://www.livebitcoinnews.com/the-solution-to-the-biggest-problem-in-diamond-investing/ (https://www.livebitcoinnews.com/the-solution-to-the-biggest-problem-in-diamond-investing/)