As a diamond mining business, I quite like this idea. But I really wish I would receive financial reports every quarter. I want to review and refer to whether the business actually achieved the KPI set out in the whitepaper or not.
Will the team provide investors with quarterly financial reports?
I don't think diamond industry needs tokenization, as commodity it is based on can serve as the measure of value of all things available on Earth. Maybe I'm wrong but for me It is the same as try to tokenize the gold.
We require investments to fund operations. The token holders will be rewarded with a growth in token value on an open market
For more info on financials, please read the whitepaper on icoin.ws
You have to change your marketing strategy here. As many crypto users don't believe anymore in precious metals/gold/diamond/silver-backed project, it would be hard for you to sell this project. And with the negative trust you have, I don't think forum users here will invest on your platform. If you are truly sincere in developing this project, better look for options of private investors rather than rely on your IEO for funding.
Thank you for your comment!
We are not only "tokenizing diamonds". But rather we are trying to solve the problems that the diamond mining industry in Sierra Leone has not solved yet. Thanks to Blockchain, iCoin will give everyone the chance to profit fairly from diamond mining, transparently and without corruption. Even the miners themselves can profit from iCoin.
Our mining efforts will protect the environment as well!
We will be listing the coin soon (permanent listing, not IEO), so anyone can buy it. Especially once they see the profits being injected back into the market.
Also, we are indeed currently having talks with investors. We have already started our operations with our current funding and mining is already well underway.
The more funds come in from the ICO, the bigger the operation will become.
Please keep following us for exciting news coming soon!
