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Topic: 💎💎A Diamond-backed blockchain token with downside protection – D1 coin💎💎 - page 6. (Read 31473 times)

newbie
Activity: 42
Merit: 0
Diamonds only have value because people say they have value, lobster used to be cheap as they were considered like the rat of the sea. If only I could go back in time and but all them cheap cheap lobsters I'd be lamboing for sure right now

Diamonds are nothing like lobsters. Seafood is very widely spread and lobsters and crawfish do reproduce fast enough. Precious metals are way more rare and have limited deposits.
newbie
Activity: 24
Merit: 0
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?

Well, the market is pretty well measured. You might have seen in our starting entry that there is an industry indicator called Rapaport Diamond Price Index. It has been calculated since 1976 and serves the sector well. Some details are here: https://www.diamonds.net/Prices/RAPIDiamondIndex.aspx

Yes, I know RAPI for some time. Actually, it is a good move to give the market some alternative. Hopehully, D1 token will get liquid enough to serve as a new benchy, ha?
newbie
Activity: 1
Merit: 0
Do you have free tokens for the registration?
newbie
Activity: 42
Merit: 0
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?

Well, the market is pretty well measured. You might have seen in our starting entry that there is an industry indicator called Rapaport Diamond Price Index. It has been calculated since 1976 and serves the sector well. Some details are here: https://www.diamonds.net/Prices/RAPIDiamondIndex.aspx
newbie
Activity: 3
Merit: 0
Yeah let's pretend like diamonds are not glorified pieces of charcoal with no intrinsic value.
newbie
Activity: 24
Merit: 0
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?
newbie
Activity: 6
Merit: 0
Team is world-class! These guys can deliver!
newbie
Activity: 42
Merit: 0
Yeah let's pretend like diamonds are not glorified pieces of charcoal with no intrinsic value.

In fact, they are pretty valuable. First of all, they are extremely rare, and many stones are truly unique. Jewelry made of diamonds often shows examples of craftsmanship of real artists. We're sure there can't be any discussion about the value of all painting masterpieces which trade for hundreds of USD mln. This case is far wider that the precious metals and gems; we draw parallels with all collectibles.
newbie
Activity: 2
Merit: 0
What currency can I pay for D1 with?
newbie
Activity: 42
Merit: 0
When will we get tokens to our wallets?

Tokens will be locked up until the end of the sale. D1 Coins will be distributed to purchasers' wallets within 1 month from the date the Crowd-sale ends.
newbie
Activity: 3
Merit: 0
It isn't anything like it at all.
newbie
Activity: 6
Merit: 0
When will we get tokens to our wallets?
newbie
Activity: 3
Merit: 0
Shall one pass KYC/AML/etc. procedures to partisipate in the ICO?
newbie
Activity: 42
Merit: 0
What are the dates of your ICO?

From 11/01/2018 midnight to 03/31/2019 midnight
newbie
Activity: 5
Merit: 0
What is the price of one token?
newbie
Activity: 42
Merit: 0
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.

From what is such conclusion?
newbie
Activity: 6
Merit: 0
What are the competitors of the project at the moment?
newbie
Activity: 2
Merit: 0
What are the dates of your ICO?
newbie
Activity: 6
Merit: 0
Do you have a bounty program?
newbie
Activity: 42
Merit: 0
Can US citizens participate in your ICO?

No. Restricted countries: China, Singapore and the United States of America

What currency can I pay for D1 with?

You can pay in ETH, BTC, USDT.

Is it possible to pay with fiat currencies?

Only in ETH, BTC, USDT.
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