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Topic: 💎💎A Diamond-backed blockchain token with downside protection – D1 coin💎💎 - page 3. (Read 31473 times)

newbie
Activity: 42
Merit: 0
how do you see your future development?
Many future applications for D1 Coins are planned to enhance the minting, trading, storage and redemption of D1 Coins. Amongst the new developments will be: a high security coin vault for D1 Coins and other cryptocurrencies, providing individual offline servers for coins owners located geographically remote secured locations; D1 Coin investment programs to enable saving for life events by investment in the diamonds as an asset class; Diamond-specific D1 Coins that represent ownership in individual single high value diamonds; Diamond Hearts, a diamond gifting program which enable D1 Coin owners to anonymously reward people and charities of their choice; Closed market currency for Casinos/Junket Operations, gaming and online betting; Gift coupons for the luxury retail market; etc.
newbie
Activity: 2
Merit: 0
why did you decide to make it on blockchain?
newbie
Activity: 3
Merit: 0
how is the number of coins correlated to the number of diamonds?
newbie
Activity: 42
Merit: 0
how do you see your future development?
Many future applications for D1 Coins are planned to enhance the minting, trading, storage and redemption of D1 Coins. Amongst the new developments will be: a high security coin vault for D1 Coins and other cryptocurrencies, providing individual offline servers for coins owners located geographically remote secured locations
in the D1 Coin you own a fraction of institutionally-certified, securely vaulted stock of high-grade diamonds. The D1 Coin is a diamond-backed token, with each D1 Coin pegged to the value of a fraction of an authentic, natural diamond, a proxy for ownership of a share of the world’s diamond reserve that has proven to be 100x more resilient to devaluation than US Dollar.
newbie
Activity: 2
Merit: 0
Where does D1 store the diamonds?
newbie
Activity: 2
Merit: 0
How do you ensure security of assets?
newbie
Activity: 3
Merit: 0
 in the D1 Coin you own a fraction of institutionally-certified, securely vaulted stock of high-grade diamonds. The D1 Coin is a diamond-backed token, with each D1 Coin pegged to the value of a fraction of an authentic, natural diamond, a proxy for ownership of a share of the world’s diamond reserve that has proven to be 100x more resilient to devaluation than US Dollar.
newbie
Activity: 42
Merit: 0
how do you see your future development?
full member
Activity: 1610
Merit: 103
The OGz Club
D1 Coin still needs more support from the community, visible in the lack of followers on their twitter, because it is important for a new project to get a lot of support first to reach the stage of success for the project
newbie
Activity: 5
Merit: 0
What about the proccess of getting diamonds?
newbie
Activity: 5
Merit: 0
how do you see your future development?
newbie
Activity: 2
Merit: 0
What are the competitors of the project at the moment?
newbie
Activity: 6
Merit: 0
What is the georgaphy of the team members and advisors?
newbie
Activity: 42
Merit: 0
Why naming is D1?
D1 is named after M1, a term from economics, which refers to the base monetary supply, i.e. all the cash and equivalent circulating in the economy. D1 represents the diamonds circulating in the economy, which have an estimated market value of USD 1 trillion. In one US Dollar you own a small fraction of the total M1 of USD 3.62 trillion
newbie
Activity: 42
Merit: 0
Who is auditing the value of the vault?
We use a TOP-10 audit firm to audit the diamond reserve on a quarterly basis.
What blockchain do you use?
The D1 Coin is a virtual currency built on the Ethereum blockchain using the ERC-20 standard, which allows for the creation of customized digital assets and currencies.
why did you decide to make it on blockchain?
Blockchain technology was chosen as the platform to digitize physical diamonds, because transactions through cryptocurrency are fast and divisible, presenting a solution to the issue of diamonds traditionally being an illiquid asset. Through D1 Coins, owners can effectively purchase fractional parts of a diamond. Furthermore, blockchain technology will grant D1 Coin users greater privacy, security and offer lower transaction fees.
newbie
Activity: 3
Merit: 0
newbie
Activity: 6
Merit: 0
Do you have a bounty program?
newbie
Activity: 6
Merit: 0
How do we trace origin of diamonds?
newbie
Activity: 2
Merit: 0
when will it be necessary to link a wallet to a personal account?
newbie
Activity: 42
Merit: 0
What blockchain do you use?
The D1 Coin is a virtual currency built on the Ethereum blockchain using the ERC-20 standard, which allows for the creation of customized digital assets and currencies.
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