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Topic: [2016-01-05] Crowdsale Set Jan. 18 For PinkCoin, The First Diamond ...... (Read 238 times)

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Crowdsale Set Jan. 18 For PinkCoin, The First Diamond – Backed Cryptocurrency

BitGem Asset Management Ltd. (BAM) and its parent company, Precious Investments Inc., will launch a crowdsale for what they call the first diamond-backed cryptocurrency, PinkCoin, an Ethereum-based cryptocurrency backed by a pool of fixed-colored diamond assets. The crowd sale begins on Jan. 18, 2016 at 9 a.m. The escrowed diamonds are insured by Lloyds of London and have been independently appraised.

A PinkCoin token initially will represent a fraction of the diamond pool’s set valuation. The fraction will represent 1 USD of the initial set valuation.

The companies said the diamond pool will be valued on a regular basis.



https://www.cryptocoinsnews.com/crowdsale-set-jan-18-pinkcoin-first-diamond-backed-cryptocurrency/
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