🔴🚀♦️ [ANN] DIAM - Consistent Coin 100% Backed by Redeemable Diamonds! ♦️♦️♦️

[msap100]

DIAM was created with the idea of liquidising diamonds, the most crisis-resistant asset and one of the top-performing asset classes in the world. diamDEXX has stated that thanks to this, pegging their currency to $1, and establishing a redeeming system where users can get their currency’s worth in diamonds, they’re building a currency that rivals the stability and consistency of the Gold Standard Dollar. The company aims to create a borderless, low-fee platform for payments worldwide and is moving fast towards this goal, with several papers reporting on its partnership with tech giant Microsoft.

Taken from our article - diamDEXX Announces An EOS Sidechain For Its ERC-20, Diamond-Backed Token: DIAM.
Read the full article at - https://medium.com/@diamDEXX/diamdexx-announces-an-eos-sidechain-for-its-erc-20-diamond-backed-token-diam-c8b975d81c5a and follow us in social media to support our project!  🔷❤

[museakira78]

One of the qualities that make diamonds so widely desired –besides from their rarity — is the fact that they’re an incredible store of value: Over the last century, they’ve massively outperformed oil, gold, and pretty much every other asset in crisis resistance and stability. This is because of the regulatory standards imposed by IDEX, the world’s widest trading network and authority, which ensures the industry standards (such as socially-responsible mining and compliance with trademarks) are upheld.

Taken from our article - Why We Don’t Fear Criticism: Debunking the Most Common Diamonds and DIAM Misconceptions
Read the full article at - https://medium.com/@diamDEXX/why-we-dont-fear-criticism-debunking-the-most-common-diamonds-and-diam-misconceptions-exciting-d9c644b5ebb5 and follow us in social media to support our project!  🔷❤

[Hello Diamonds]

That's a ingenious concept, but how to make sure of Diam will keep 1$ value ? and what's the total amount of Diam ?
Thanks to all community

Well, the coin is backed by $150,000,000 worth of diamonds, and we're issuing $150,000,000 tokens. We've also set an interesting smart-vault smart contract that makes sure things stay 1:1 as you can see at https://www.diamdexx.com/ under 'Our Vault'

[Sincere_]

That's a ingenious concept, but how to make sure of Diam will keep 1$ value ? and what's the total amount of Diam ?
Thanks to all community

Well, the coin is backed by $150,000,000 worth of diamonds, and we're issuing $150,000,000 tokens. We've also set an interesting smart-vault smart contract that makes sure things stay 1:1 as you can see at https://www.diamdexx.com/ under 'Our Vault'

Definitely an interesting concept will read up on this coin as the diamond industry is very lucrative and this seems like a solid investment will look into it more!

[museakira78]

Providing a currency that’s backed by diamonds allows DiamCoin to be perfectly stable and, with the right mechanisms and smart contracts, remain at the mark of $1. It also allows our system to revolutionise payments and disrupt the diamantaire industry, creating a system where customers can redeem their DiamCoin’s worth of diamonds on a platform that interconnects thousands of manufacturers.

Taken from our article - ‘Stablecoining’ the Yen: How Groundbreaking Exactly Is the New J-Coin?
Read the full article at - https://medium.com/@diamDEXX/stablecoining-the-yen-how-groundbreaking-exactly-is-the-new-j-coin-881d0aae25d2 and follow us in social media to support our project!  🔷❤

[msap100]

Asset-backed currencies, on the other hand, are a clean, transparent, and verifiable method of issuing currencies, that might or might not be stable. In the case of our own, DIAM, we’ve stored $150 million worth of diamonds in a vault, and created a process to issue stablecoins that represent the value of these diamonds in US dollars. Furthermore, we’ve introduced a system of redeeming the value of said currencies for investors to be able to exchange their cryptocurrencies for their value worth of diamonds. A clean, transparent system.

Taken from our article - IBM’s Latest Blockchain Efforts Are Putting Cryptocurrencies On the Map
Read the full article at - https://medium.com/@diamDEXX/ibms-latest-blockchain-efforts-are-putting-cryptocurrencies-on-the-map-a9ed8b356968 and follow us in social media to support our project!  🔷❤

[museakira78]

Cryptocurrency trading can result risky when not taking the right precautions. Asset-backed currencies — especially when redeemable, such as our very own DIAM — offer a haven for investors in this sense, as users have a gateway to exit the cryptomarket without going through fiat money. In this sense, the tokenization of assets helps investors avoid intrinsically flawed money in favour of commodities and assets with a clear use and value, something that even the most popular cryptocurrencies tend to lack. In this system, the blockchain becomes the definitive vehicle for asset growth and creative investing.

Taken from our article - The Bear’s Bottom is Here: What does this mean for Stablecoins?
Read the full article at - https://medium.com/@diamDEXX/the-bears-bottom-is-here-what-does-this-mean-for-stablecoins-962f109b6f9d and follow us in social media to support our project!  🔷❤

[msap100]

Creating DIAM, we set ourselves in the path to create the most stable coin in the world. We’ve stored $150 million worth of physical, clean, audited, and certified diamonds in a vault in Antwerp, Belgium, and created a smart-contract based mechanism to ensure perfect stability. Our goal is to ensure investors that 1 DIAM will always be worth $1.

This back-and-forth convertibility offers the only option for BNB investors to safeguard their profits in an asset-backed, audited, stable currency. With diamonds being one of the most stable and crisis-resistant assets in history, we’ve made sure to create an option that, by itself, outperforms fiat-backed and unaudited projects.

Taken from our article - How to make the most out of your investment using BNB and diamDEXX
Read the full article at - https://medium.com/@diamDEXX/how-to-make-the-most-out-of-your-investment-using-bnb-and-diamdexx-a0198f55dbb9 and follow us in social media to support our project!  🔷❤

[museakira78]

"Over the last two years, the U.S. has upheld a series of controversial policies regarding crypto, with the infamous ‘ICO ban’ being one of the most popular. A news article featuring a company’s name next to the SEC’s, is, at its least, enough to make even the bravest CEOs break some sweat."

Taken from our article - Are the Winklevoss Twins the Leaders the Crypto World Needs Right Now?
Read the full article at - https://medium.com/@diamDEXX/are-the-winklevoss-twins-the-leaders-the-crypto-world-needs-right-now-3ad0c84c958a and follow us in social media to support our project!  🔷❤

[msap100]

"Cryptocurrencies first rose in value thanks to the unique advantages that electronic money and decentralisation brought to those on the shorter end of the financial system of which uber-wealthy individuals –such are yourself — are a symptom. From your position, it might be hard to imagine how someone can have trouble sending money to other countries, even to war zones, or to get away from out-of-control inflation. It might even be hard to imagine how decentralisation can change the lives of millions of people by setting them free from oppressive regulations."

Taken from our article - Dear Warren: You’re wrong. A cryptocurrency manifesto.
Read the full article at - https://medium.com/@diamDEXX/dear-warren-youre-wrong-a-cryptocurrency-manifesto-53fdc6fad523 and follow us in social media to support our project!  🔷❤

[Hello Diamonds]

Want to DOUBLE your money's value in crypto? 😮
Until June 30th, you can buy up to 10 DIAM at our wallet, and get a 100% bonus! 💎💎💎
You can do this up to 5 times... that's FIFTY free DIAM! 😉
No KYC is required!
To do it, just register an account at: https://www.diamdexx.com/

[museakira78]

"Understanding the stablecoin panorama as an ecosystem is important since those without experience in the crypto world might fall into the a-dollar-is-a-dollar-is-a-crypto-dollar trap. However, one could argue that leaving behind the speculative nature that comes along with ‘regular’ crypto assets is fundamentally good for the adoption and development of an electronic money culture."

Taken from our article - Crypto Dollars: Are stablecoins effectively marking the end of volatility?
Read the full article at - https://medium.com/@diamDEXX/crypto-dollars-are-stablecoins-effectively-marking-the-end-of-volatility-597b4823ab19 and follow us in social media to support our project!  🔷❤

[msap100]

"Sidechains are a specific mechanism that allows cryptocurrencies to interact with one another. They serve to add flexibility to systems, allowing for tracking and testing in-network, helping support their main chain. Through a sidechain, diamDEXX is allowing DIAM (an ERC-20 token) to freely interact with the EOS network, which supports bigger applications and doesn’t charge fees. An EOS sidechain also helps add security to the original chain, creating a perfect platform for micropayments and daily use."

Taken from our article - diamDEXX Announces An EOS Sidechain For Its ERC-20, Diamond-Backed Token: DIAM.
Read the full article at - https://medium.com/@diamDEXX/diamdexx-announces-an-eos-sidechain-for-its-erc-20-diamond-backed-token-diam-c8b975d81c5a and follow us in social media to support our project!  🔷❤

[museakira78]

Facebook’s shadow is hovering over the crypto world.

Cryptocurrency, at its core, is threatened again by the presence of the social media giant, which aims to build a monopoly over electronic payments to take the blockchain space by storm. And users –or at least those who know and have been in the space through thick and thin — start to fear the death of decentralization.

Taken from our article - An Oligopoly In the Making: Who’s David Marcus, Facebook’s ‘Libra’ Head of Blockchain?
Read the full article at - https://medium.com/@diamDEXX/an-oligopoly-in-the-making-whos-david-marcus-facebook-s-libra-head-of-blockchain-41a49ed902bd and follow us in social media to support our project!  🔷❤

[msap100]

"The launch of the newly confirmed stablecoin resulted in multiple personalities of the blockchain and finance industries publicly ripping Libra into pieces. To this, Facebook’s new Head of Blockchain, David Marcus, optimistically said: “To earn people’s trust, we are going to have to make a strong commitment on privacy.”

Taken from our article - An Oligopoly In the Making: Who’s David Marcus, Facebook’s ‘Libra’ Head of Blockchain?
Read the full article at - https://medium.com/@diamDEXX/an-oligopoly-in-the-making-whos-david-marcus-facebook-s-libra-head-of-blockchain-41a49ed902bd and follow us in social media to support our project!  🔷❤

[museakira78]

"JP Morgan is just one of the players that are joining the stablecoin game. Facebook and Twitter, for instance, have established clear positions regarding cryptocurrency, with the former focused on developing a stablecoin used within Whatsapp for remittance payments in India, a multi-billion dollar industry. Failed states such as Venezuela and Iran have also announced the development of stablecoins aimed at surpassing economic sanctions and re-taking asset-backing standards."

Taken from our article - Crypto Dollars: Are stablecoins effectively marking the end of volatility?
Read the full article at - https://medium.com/@diamDEXX/crypto-dollars-are-stablecoins-effectively-marking-the-end-of-volatility-597b4823ab19 and follow us in social media to support our project!  🔷❤

[msap100]

"The development and launch of Libra could either be the final slash to decentralization or the ultimate success that catapults it into the mainstream. For the good of crypto’s ultimate goal –to disrupt the current financial systems — we can only hope the latter, rather than the former, takes place before the currency’s launch in 2020."

Taken from our article - An Oligopoly In the Making: Who’s David Marcus, Facebook’s ‘Libra’ Head of Blockchain?
Read the full article at - https://medium.com/@diamDEXX/an-oligopoly-in-the-making-whos-david-marcus-facebook-s-libra-head-of-blockchain-41a49ed902bd and follow us in social media to support our project!  🔷❤

[museakira78]

"While a stablecoin can be COINsistent, it’s not by default. In fact, no currency it’s COINsistent by default. Consistency, on our vision, is about striving to always be great, not remain the same."

Taken from our article - Say Goodbye to the Stablecoin Fad… 2019 Is A COINsistent Year!
Read the full article at - https://medium.com/@diamDEXX/say-goodbye-to-the-stablecoin-fad-2019-is-a-coinsistent-year-70d6425e9566 and follow us in social media to support our project!  🔷❤

[msap100]

"However, people –especially in the Internet age — are no fools. Cryptocurrencies first rose in value thanks to the unique advantages that electronic money and decentralisation brought to those on the shorter end of the financial system of which uber-wealthy individuals –such are yourself — are a symptom. From your position, it might be hard to imagine how someone can have trouble sending money to other countries, even to war zones, or to get away from out-of-control inflation. It might even be hard to imagine how decentralisation can change the lives of millions of people by setting them free from oppressive regulations."

Taken from our article - Dear Warren: You’re wrong. A cryptocurrency manifesto.
Read the full article at - https://medium.com/@diamDEXX/dear-warren-youre-wrong-a-cryptocurrency-manifesto-53fdc6fad523 and follow us in social media to support our project!  🔷❤

[museakira78]

"The history of the diamantaire industry is not one without a stain. Mo’ money, mo’ problems, some might say. However, the implementation of several best practices –some of them recognized by the UN and NATO, such as the Kimberley Process adopted by 84 countries — have led to procedures oriented towards avoiding the financing of criminal groups, tax evasion, child labour, and other despicable practices.
At diamDEXX, we take these practices as a must-have and a token of social responsibility, and only back our stablecoin DIAM with certified, Kimberley Process and IDEX-compliant diamonds."

Taken from our article - Why We Don’t Fear Criticism: Debunking the Most Common Diamonds and DIAM Misconceptions
Read the full article at - https://medium.com/@diamDEXX/why-we-dont-fear-criticism-debunking-the-most-common-diamonds-and-diam-misconceptions-exciting-d9c644b5ebb5 and follow us in social media to support our project!  🔷❤