💎💎A Diamond-backed blockchain token with downside protection – D1 coin💎💎

[D1coin_team]

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.

[ToddBouchard]

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

[JessicaThao]

Why as user i need to buy your token?

[D1coin_team]

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.

[LynnKennedy]

What benefits will i get as merchant?

[D1coin_team]

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.

[DanielleMarshall]

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

[D1coin_team]

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.

[LeslieJones]

What is d1 coin?

[BradBee]

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

[D1coin_team]

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.

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

Every transaction (minting, transferring or burning of D1 Coins) is on the blockchain.

How do you issue new D1 coins?

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.

[D1coin_team]

Can you describe use cases for crypto users?

Sure. There are diversification and better medium of exchange

[TimeTeller]

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.

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.

[D1coin_team]

what is the type of D1 coin?

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.

[D1coin_team]

How is backed token?

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.

[D1coin_team]

How can I buy D1 coin?

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.

when will it be necessary to link a wallet to a personal account?

During the invoice creation process, a contributor will have to provide a PUBLIC key to his wallet.

How do we trace origin of diamonds?

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

What about the proccess of getting diamonds?

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.

[D1coin_team]

How do you ensure security of assets?

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

[ShannonParadelas]

Can i change my real diiamonds to your digital tokens?

[D1coin_team]

Where does D1 store the diamonds?

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

[D1coin_team]

How is backed token?

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.