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Topic: 💎💎A Diamond-backed blockchain token with downside protection – D1 coin💎💎 - page 5. (Read 31474 times)

newbie
Activity: 42
Merit: 0
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.
newbie
Activity: 42
Merit: 0
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.
newbie
Activity: 42
Merit: 0
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.
hero member
Activity: 2744
Merit: 588
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.
newbie
Activity: 42
Merit: 0
Can you describe use cases for crypto users?
Sure. There are diversification and better medium of exchange
newbie
Activity: 42
Merit: 0
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.
newbie
Activity: 3
Merit: 0
How do you ensure 100% backing of every d1 coin by diamonds?
newbie
Activity: 5
Merit: 0
newbie
Activity: 42
Merit: 0
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.
newbie
Activity: 5
Merit: 0
Why "digital" rights on diamond better than classic way?
newbie
Activity: 42
Merit: 0
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.
newbie
Activity: 6
Merit: 0
What benefits will i get as merchant?
newbie
Activity: 42
Merit: 0
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.
newbie
Activity: 2
Merit: 0
Why as user i need to buy your token?
newbie
Activity: 2
Merit: 0
Will i be able to get real diamond for my token?
newbie
Activity: 42
Merit: 0
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.
newbie
Activity: 6
Merit: 0
newbie
Activity: 42
Merit: 0
What diamonds are in D1 reserve?
D1 diamonds range from 0.3 to 6 carats or higher, Clarity VS1 or higher, Color F or higher, Very Good and Excellent Cut. D1 diamonds strictly comply with GIA Diamond Reports for every single diamond in our reserve.
newbie
Activity: 5
Merit: 0
What diamonds are in D1 reserve?
full member
Activity: 700
Merit: 100
Ok, so let's be clear: you are making an asset backed token which will have its value linked to the global diamond market. Can you please elaborate on potential benchmarks. Are there any?

Let me add some questions too. How about those rules/legislation you are bound to? How are you supposed to deal with that? Diamonds are really rare you know, and we all know they value more than crypto. Why not invest in diamond itself then rather than starting up something in crypto?
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