Ocakypa (OP)
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December 10, 2018, 12:06:38 PM Last edit: December 10, 2018, 01:00:53 PM by Ocakypa |
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_______________________________________________________________________________ _______________________________________ Diamond-backed token with downside protection _______________________________________________________________________________ _______________________________________ Join our Social Networks for the latest updates! D1 COIN Overview: D1 Coin is a diamond-backed blockchain token built on the Ethereum blockchain according to the ERC-20 protocol
Backing: Each D1 Coin is pegged to 1/1000th the value of a D1 Standard Grade diamond, which are authentic and natural diamonds of the highest quality
Value: Each diamond is valued using a proprietary diamond pricing algorithm, the D1 Matrix, to obtain an unbiased and fair value of the underlying diamond inventory
KEY PRINCIPLES OF D1 COIN | BENEFITS OF D1 COIN | Transparency:.A.multi ledger.blockchain.system.is.utilized .to.store.all.token.and.diamond.information,.such.as .transaction.details.and.diamond provenance | Trading.Liquidity:.Asset Backed.Tokens.like.D1.coins.are .traded.more.frequently.than.conventional.cryptocurrencies, .ensuring.greater.liquidity | Verity:.D1.Mint.employs.trusted.third-party.accounting.firms.to.conduct.unbiased.audits.on.the.underlying.diamond.inventory | Physical.Liquidity:.D1.Coins.are.generally.freely.and.easily .redeemable.for.the.corresponding.underlying.diamonds,.ensuring.users .have.a.safe.exit.from.the.crypto.market | Custody:.Diamond.inventory.is.stored.in.secured.vaults.with.Brink’s.and.Malca-Amit.in.Singapore.and.Switzerland,.and.insured.by.Lloyd’s | Downside Protection: Holders of D1 coins can arbitrage by redeeming diamonds if prices of D1 Coins fall below the underlying value of diamonds, setting a price floor on D1 Coin prices | Convertibility: Each D1 Coin can be converted into the underlying diamonds any time and in any amount; the converted diamonds can be collected via pickup or international delivery | Investibility of Diamonds: Diamonds are made more investible as an investment class through investment and trading in D1 Coins |
D1 DIAMOND DELIVERY OR COLLECTION | D1 MATRIX – DIAMOND PRICING MODEL | Courier.Delivery:.Redeemed.diamonds.can.be.delivered.directly .to.the.buyer’s.desired.address.through.trusted.logistics.companies .such.as.FedEx,.UPS,.Brink’s.and.Malca-Amit | Artificial.Intelligence.(“A.I.”):.The.D1.Matrix.is.driven.by.A.I..and .machine.learning,.built.using.methods.such.as.Multiple.Linear .Regression,.Random.Forests.and.Neural.Networks | Airport Collection: D1 allows the collection of diamonds at the Singapore or Switzerland airports by arranging for a representative to meet and deliver the diamonds to the buyer | Analytical: The D1 Matrix analyses relationship between a diamond’s 4Cs (Carat, Cut, Clarity and Color) and 7 other characteristics with the corresponding current and historical prices | Collection from Vaults: Diamond buyers may pick up their redeemed diamonds directly from the secured storage partners in Singapore and Switzerland | Real-World Based: Data from Rapaport, which is the leading diamond pricing benchmark index, is used as the inputs for the D1 Matrix |
_______________________________________________________________________________ _______________________________________ DIAMONDS AS AN INVESTMENT CLASS _______________________________________________________________________________ _______________________________________ DIAMOND DEMAND-SUPPLY GAP Very Rare: Natural and authentic diamonds take billions of years to form and the average yield mining is 1 part diamond to 1,000,000 parts host-rocks
Limited Supply: Supply of natural diamonds are declining due to exhaustion of operating mines and the fact that a new diamond mine is discovered only once in a generation
Increasing Demand: Demand for diamonds is projected to grow c. 3% annually, driven by growing demand from India and China
Increasing Scarcity: Demand-supply gap of diamonds is expected to increase to 159 million carats by 2030
DIAMONDS AS A STORE OF WEALTH Strong store of value: Diamonds have shown consistent and stable inflation-beating appreciation, with a 5% CAGR from 2003 to 2017 after the end of the De Beers monopoly in 2003
Upward Price Pressure: Diamond prices are expected to increase in the coming decades due to the growing demand-supply gap, making them an ideal investment class
TOKENIZING DIAMONDS Tokenization solves many problems associated with investing in physical diamonds. Using diamonds as the underlying asset for an Asset-Backed Token provides solutions to problems associated with traditional cryptocurrencies and tokens
PROBLEMS WITH PHYSICAL DIAMOND INVESTMENT | SOLUTIONS PROVIDED THROUGH TOKENIZATION | Heterogeneous:.Each.diamond.is.unique.as.appraisals,.and .thus.valuation,.of.the.same.diamond.may.differ.across.dealers | Fungible:.Each.blockchain.token.is.identical,.making.them .an.easier.way.to.trade.the.underlying.asset | Illiquid: Diamond sales are cumbersome and often result is wide bid-offer spread | Liquid: Token transactions occur on crypto exchanges, are easy and have low fees | Expensive: The high price point of a diamond creates a high barrier for potential investors | Accessible: The denomination of tokens is very low, allowing a greater number of investors to participate in an asset pool | | | | | | | | | | | | | PROBLEMS WITH TRADITIONAL CRYPTOCURRENCIES AND TOKENS | SOLUTIONS PROVIDED THROUGH USING DIAMONDS AS AN UNDERLYING ASSET | Volatile: Most cryptocurrencies are valued purely on market sentiment, causing large price swings and high volatility | Stable: Diamonds have displayed price stability and long- term appreciation for decades |
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LeslieJones
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December 13, 2018, 02:24:12 PM |
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Shall one pass KYC/AML/etc. procedures to partisipate in the ICO?
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LynnKennedy
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December 13, 2018, 02:30:21 PM |
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Do you have news channel?
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LorrainePetit
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December 13, 2018, 02:31:15 PM |
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When tokens will be listed on the exchanges?
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JennThompson
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December 13, 2018, 03:05:12 PM |
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Do you have bonus for the presale period?
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LorrainePetit
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December 13, 2018, 03:25:10 PM |
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Where do you see the project in 2 years? What are your expectations?
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DanielleMarshall
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December 13, 2018, 03:49:41 PM |
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This project is soooo good, the team and all, starting to get traction!
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AnaGrant
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December 13, 2018, 04:07:52 PM |
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Very good project and team, something new!
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MatthewCounts
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December 13, 2018, 04:35:55 PM |
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What is the total supply of tokens?
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LoveCryptoAll
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December 13, 2018, 04:42:20 PM |
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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.
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MatthewCounts
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December 13, 2018, 04:56:11 PM |
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Is there a max number of people who can register on the whitelist?
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LynnKennedy
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December 13, 2018, 05:17:49 PM |
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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.
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EbonyFleming
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December 13, 2018, 05:47:34 PM |
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Yes! Finally a team with experience!
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DanielleMarshall
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December 13, 2018, 06:11:12 PM |
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How does your project earn money?
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BradBee
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December 13, 2018, 06:34:24 PM |
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What are the competitors of the project at the moment?
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AnaGrant
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December 13, 2018, 06:56:53 PM |
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Please, tell us about the main idea of your project
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ShannonParadelas
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December 13, 2018, 07:41:27 PM |
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Delivering is the most important thing now, these guys CAN DO IT!
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AshleyLiu
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December 13, 2018, 07:59:23 PM |
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Will there be a vesting period for team tokens?
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BradBee
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December 13, 2018, 08:20:21 PM |
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What is the jurisdiction of your business?
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SusanBullock
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December 13, 2018, 08:47:15 PM |
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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
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