Saturn Network exchange has enabled automated token self listing across Ethereum & Ethereum Classic. Any ERC20 or ERC223 token can now list on our platform and provide their community with a decentralized peer-to-peer exchange, where users can trade safely and securely without ever giving up control of their funds!
Saturn Network is the first and only decentralized exchange that is able to operate on two blockchains simultaneously! We currently have over 126 tokens being actively traded.
We would love to see D1 token trading on our platform! Just follow this guide to set yourself up:
https://forum.saturn.network/t/saturn-protocol-token-self-listing-guide/2005
Topic: 💎💎A Diamond-backed blockchain token with downside protection – D1 coin💎💎 - page 8. (Read 31474 times)
December 13, 2018, 10:45:14 AM
December 13, 2018, 10:49:41 AM
This project is soooo good, the team and all, starting to get traction!
December 13, 2018, 10:25:10 AM
Where do you see the project in 2 years? What are your expectations?
December 13, 2018, 10:05:12 AM
Do you have bonus for the presale period?
December 13, 2018, 09:31:15 AM
When tokens will be listed on the exchanges?
December 13, 2018, 09:30:21 AM
Do you have news channel?
December 13, 2018, 09:24:12 AM
Shall one pass KYC/AML/etc. procedures to partisipate in the ICO?
December 10, 2018, 07:06:38 AM
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Diamond-backed token with downside protection
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Read the D1 White Paper ◈◈◈◈◈◈◈◈◈◈◈◈◈◈◈◈◈◈◈ Read the D1 Presentation ◈◈◈◈◈◈◈◈◈◈◈◈◈◈◈◈◈◈◈ Read the D1 Onepager
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D1 COIN
Overview: D1 Coin is a diamond-backed blockchain token built on the Ethereum blockchain according to the ERC-20 protocol
Backing: Each D1 Coin is pegged to 1/1000th the value of a D1 Standard Grade diamond, which are authentic and natural diamonds of the highest quality
Value: Each diamond is valued using a proprietary diamond pricing algorithm, the D1 Matrix, to obtain an unbiased and fair value of the underlying diamond inventory
| KEY PRINCIPLES OF D1 COIN | BENEFITS OF D1 COIN |
| Transparency:.A.multi ledger.blockchain.system.is.utilized .to.store.all.token.and.diamond.information,.such.as .transaction.details.and.diamond provenance | Trading.Liquidity:.Asset Backed.Tokens.like.D1.coins.are .traded.more.frequently.than.conventional.cryptocurrencies, .ensuring.greater.liquidity |
| Verity:.D1.Mint.employs.trusted.third-party.accounting.firms.to.conduct.unbiased.audits.on.the.underlying.diamond.inventory | Physical.Liquidity:.D1.Coins.are.generally.freely.and.easily .redeemable.for.the.corresponding.underlying.diamonds,.ensuring.users .have.a.safe.exit.from.the.crypto.market |
| Custody:.Diamond.inventory.is.stored.in.secured.vaults.with.Brink’s.and.Malca-Amit.in.Singapore.and.Switzerland,.and.insured.by.Lloyd’s | Downside Protection: Holders of D1 coins can arbitrage by redeeming diamonds if prices of D1 Coins fall below the underlying value of diamonds, setting a price floor on D1 Coin prices |
| Convertibility: Each D1 Coin can be converted into the underlying diamonds any time and in any amount; the converted diamonds can be collected via pickup or international delivery | Investibility of Diamonds: Diamonds are made more investible as an investment class through investment and trading in D1 Coins |
| D1 DIAMOND DELIVERY OR COLLECTION | D1 MATRIX – DIAMOND PRICING MODEL |
| Courier.Delivery:.Redeemed.diamonds.can.be.delivered.directly .to.the.buyer’s.desired.address.through.trusted.logistics.companies .such.as.FedEx,.UPS,.Brink’s.and.Malca-Amit | Artificial.Intelligence.(“A.I.”):.The.D1.Matrix.is.driven.by.A.I..and .machine.learning,.built.using.methods.such.as.Multiple.Linear .Regression,.Random.Forests.and.Neural.Networks |
| Airport Collection: D1 allows the collection of diamonds at the Singapore or Switzerland airports by arranging for a representative to meet and deliver the diamonds to the buyer | Analytical: The D1 Matrix analyses relationship between a diamond’s 4Cs (Carat, Cut, Clarity and Color) and 7 other characteristics with the corresponding current and historical prices |
| Collection from Vaults: Diamond buyers may pick up their redeemed diamonds directly from the secured storage partners in Singapore and Switzerland | Real-World Based: Data from Rapaport, which is the leading diamond pricing benchmark index, is used as the inputs for the D1 Matrix |
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DIAMONDS AS AN INVESTMENT CLASS
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DIAMOND DEMAND-SUPPLY GAP
Very Rare: Natural and authentic diamonds take billions of years to form and the average yield mining is 1 part diamond to 1,000,000 parts host-rocks
Limited Supply: Supply of natural diamonds are declining due to exhaustion of operating mines and the fact that a new diamond mine is discovered only once in a generation
Increasing Demand: Demand for diamonds is projected to grow c. 3% annually, driven by growing demand from India and China
Increasing Scarcity: Demand-supply gap of diamonds is expected to increase to 159 million carats by 2030
DIAMONDS AS A STORE OF WEALTH
Strong store of value: Diamonds have shown consistent and stable inflation-beating appreciation, with a 5% CAGR from 2003 to 2017 after the end of the De Beers monopoly in 2003
Upward Price Pressure: Diamond prices are expected to increase in the coming decades due to the growing demand-supply gap, making them an ideal investment class
TOKENIZING DIAMONDS
Tokenization solves many problems associated with investing in physical diamonds. Using diamonds as the underlying asset for an Asset-Backed Token provides solutions to problems associated with traditional cryptocurrencies and tokens
| PROBLEMS WITH PHYSICAL DIAMOND INVESTMENT | SOLUTIONS PROVIDED THROUGH TOKENIZATION | ||
| Heterogeneous:.Each.diamond.is.unique.as.appraisals,.and .thus.valuation,.of.the.same.diamond.may.differ.across.dealers | Fungible:.Each.blockchain.token.is.identical,.making.them .an.easier.way.to.trade.the.underlying.asset | ||
| Illiquid: Diamond sales are cumbersome and often result is wide bid-offer spread | Liquid: Token transactions occur on crypto exchanges, are easy and have low fees | ||
| Expensive: The high price point of a diamond creates a high barrier for potential investors | Accessible: The denomination of tokens is very low, allowing a greater number of investors to participate in an asset pool | ||
| PROBLEMS WITH TRADITIONAL CRYPTOCURRENCIES AND TOKENS | SOLUTIONS PROVIDED THROUGH USING DIAMONDS AS AN UNDERLYING ASSET | ||
| Volatile: Most cryptocurrencies are valued purely on market sentiment, causing large price swings and high volatility | Stable: Diamonds have displayed price stability and long- term appreciation for decades |
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