Topic: [ANN] [ICO] (CED) CEDEX 1st Ever certified blockchain diamond exchange - page 37. (Read 79656 times)

I think this is a promising project. Investing in diamond using blockchain is very affordable and easy for me. I want to be updated with you, please include me in your newsletter. Thanks!

I also studied the white paper, and I like the idea of the project. With good implementation, you will achieve significant success.

Dear CEDEX Enthusiast,

Here at CEDEX, we’ve started 2018 at full speed, seeing increasing interest in our project in Korea and Japan as well as other major markets.

This week we have a lot of exciting news and important updates to share:

1. An Increase in the pre-sale token amount
2. A new opening date for the pre-sale

Just a quick reminder: the new Token Pre-Sale date is Friday March 16th, 2018 at 19:00 GMT. We have increased the amount of tokens to 25,000,000 which means that in the pre-sale we will be selling 50% of the CEDEX Coins.

We expect the new date to open the door for the Japanese market, enabling us to meet their specific needs.

Webinar
Due to the high demand and the flood of new requests we’ve received, this week our Co-founder Ronen Priewer will be presenting another webinar. This time it will be at a more convenient hour for our Asian followers so that they can also take part and join the discussion.

So, don’t miss out! To join the webinar on Thursday ,January 18th 13:00 (GMT+0) 2018, just click here

We also invite all of our CEDEX followers in Korea to enjoy the Korean video with our newest board member Jae Kim speaking about the CEDEX project click here

CEDEX - Technology
We wanted to share with you the latest progress that we had in the CEDEX techonlogy:

1. Back Office - We have built a new back office that will allow us to manage the ICO effectively and better monitor its progress. This advanced system will allow us to provide virtually instant support to our contributors so they receive the assistance they need, the moment they need it.
2. Smart Contract - We are consistently enhancing our smart contract capability, exploring new technological approaches for improving our CEDEX Coin token
3. Personal Zone - Soon we’ll release a new personal zone on our site, where you will be able to find data relevant to you, such as your tokens, invite a friend campaign results, and any newly earned bonus tokens.

Wishing you an excellent weekend

The CEDEX Team

CEDEX is listed on CryptoStills

Presently at the Bronze position

• Full project presentation
• Continuous Twitter news updates
• Website and Twitter linking
• Moderated discussions

There's well over 90 rating sites now, it's tough to stand out. That snazzy pseudo sig helps though   

When diamonds are sent to a custodian, they are authenticated to ensure no counterfeits are sold, and that the diamond is in fact the correct one. Once the diamond has been verified, the sender receives the token representing that particular diamond. 

Was going through the white paper and am impressed you already have some recognizable  Diamond Dealers already backing the project but are there measures to prevent people from buying or selling fake stones?

The presale starts  Friday March 16th, 2018 at 19:00 GMT.
The pre-sale offering will be conducted over a 10-day period beginning on March 16th, 2018 at 19:00 GMT. The main-sale start date will be dictated by the completion of the pre-sale. If the pre-sale is completed within 24, hours main-sale will open at 19:00 GMT on March 17th, 2018. If the pre-sale is not completed within 24 hours the main sale will commence at 19:00 GMT on April 13th, 2018. In either event the main sale will last 28 days or until the maximum cap is reached.

The min for the presale is 1 eth.  There is no limitation on contribution amounts for the main sale. 
1 eth currently = 500 tokens.
However, note that pricing will be updated prior to the presale opening on March 16th.

I also plan to invest in this project because they have strong growth strategies and are attracting more and more investors around the world. I think CEDEX will be the best ICO project in 2018 and could be listed on major exchanges in the future.

Great to see that there seems to be a lot of interest in Cedex, as this project has a real use case in my opinion it does deserve this kind of interest in it. Can you tell me when the whole ICO will be over? And will there be a minimum contribution amount for participating in the pre-sale? Thanks in advacne.

Very interesting project and great idea.
I'm planning to buy TOKENs.
I see good potential of this.
Thanks!

Cedex: A Revolutionary Global Diamond Exchange on the Blockchain

CEDEX is a revolutionary new Blockchain-based global diamond exchange with an official launch planned in the third quarter of 2018. The innovative concept of CEDEX brings together crypto- financial markets and the diamond industry, opening up an exciting new channel of investment for the public. CEDEX was founded by an innovative team of specialists across many disciplines, including technology, finance and diamond trading. Together they have created the world’s first transparent and secure public trading platform for diamonds.

cedex icoThe promise of this venture was quickly noticed by TechFinancials who became a 90% majority shareholder. TechFinancials is a public company listed on the London Stock Exchange. Apart from financing CEDEX, TechFinancials resources, workforce and experience are at the disposal of CEDEX.

Throughout history, diamonds have not only been a symbol of wealth, but they have increased in value, withstanding any outside economic influences. To the public at large, diamonds have primarily been a retail item, bought as accessories and signs of affection. In fact, over 95% of the global diamond trade is consumer retail-based, with investment largely overlooked. There have been many obstacles in the way of public trading of diamonds, namely:
-Differing individual values of each diamond. Much like a fingerprint, each diamond has unique characteristics making bulk pricing impossible.
– Current diamond exchanges are business to business (B2B), purposely excluding the public.
– There has been no platform made available to the public with enough liquidity to sell diamond assets at a reasonable price.

A recent advancement in the CEDEX development has been the powerful partnership formed with IDEX (International Diamond Exchange), the world’s premier online diamond exchange. ()
No other online diamond exchange has both the wealth of experience and widespread acceptance of the industry. IDEX boasts over 7000 professional diamond traders as regular users and an enormous supply chain inventory. Furthermore, they have set the industry standards in regard to pricing of diamonds.
Founder and Chairman of IDEX online, Ehub Cohen commented: “We believe that the diamond industry stands to gain by connecting with CEDEX B2C offerings, vision and trading models’”.
Methodological advice, together with inventory and diamond suppliers’ data will be shared, ensuring liquidity in the CEDEX market from the first day of trading.

For the first time, CEDEX will empower the public and enable them to invest safely and transparently in diamonds. With a precise valuation of the assets in place, no previous experience in diamond trading is even needed. Furthermore, the investment potential is clearly evident:

Already the global demand for diamonds is predicted to outstrip the supply by over 40 million carats by the year 2022.
A whole new influx of investors will be able to trade in diamonds transparently with CEDEX which should ensure the price of diamonds remains on an upward trajectory.
The emerging middle-class markets in both India and China will continue to drive demand.
The proprietary technology behind CEDEX is a self-learning algorithm called DEX which is designed to combine both the diamond trading and crypto-financial markets.
The primary functions of DEX include the Gemmological composition of each diamond listed on CEDEX, together with global inventory data and the financial indices of the Diamond Market.

DEX’s artificial neural network technology makes full use of all given diamond data. A beta version of DEX can be found on their website – here you can even get an immediate theoretical price for any GIA Certified diamond. DEX is able to rank diamonds according to investment value, which will be an invaluable tool for new traders.

The actual process of either purchasing or liquidating diamond assets will be a user-friendly one with CEDEX. The initial languages supported will be English, Russian and Japanese. For an individual or diamond dealer wishing to sell their diamond assets, the first step is to create a smart contract. This is done using the simple CEDEX tokenization onboarding process. The sale can be of one diamond, a diamond bundle or a shared investment of diamond assets. Only GIA (Gemmological Institute of America) certified diamonds are permitted to be traded on CEDEX, thereby ensuring the valuation is correct.
After an online valuation, the diamonds are physically compared to their GIA certificate, then validated and stored. All diamonds are kept safely by a custodian. After the approval process, a Diamond Token is generated using blockchain technology and the owner’s wallet is credited with the token. The seller can then either list his diamond token on CEDEX or sell to another user directly. A purchaser of diamonds will need to stock their wallet with enough CEDEX Coins to purchase their diamond of choice. Following purchase, the assets can be delivered or stored for them if they wish to trade further. There are nominal charges for listing a diamond and a small transaction fee per trade. Only CEDEX Coins can be used to purchase the diamonds on offer.

The CEDEX Coin will be an ERC-20 compatible coin, which will be traded over the public Ethereum network. The CEDEX Coin will be listed on all major exchanges and transferable to any currencies listed on them (both crypto and fiat). CEDEX Coins can be stored in any ERC-20 compatible wallet, however, it is recommended they be stored in an offline cold storage solution.
Pre-sale of the CEDEX Coin begins on Friday, 12th January at 19:00 GMT. The minimum purchase is 1 coin (valued at 1ETH), while there is no maximum amount. Users will be able to buy CEDEX Coins with Bitcoin, Bitcoin Cash, Ether and many fiat currencies. Pre-sale registration is available on www.cedex.com. The amount of CEDEX Coins is limited to 100 million tokens of which half will be offered. Any offered tokens which are unsold will be destroyed.

With the support of both a publicly traded company and a premier diamond exchange, CEDEX is bound to hit the ground running. Not only is CEDEX an exciting prospect for those looking to trade in diamonds as an asset, but the CEDEX Coin itself may become a lucrative investment.

A solid foundation and tangible product are what so many Initial Coin offerings are lacking, but in the case of CEDEX, these are its strongest selling points.

https://urbancrypto.com/press-release-cedex-revolutionary-global-diamond-exchange-blockchain/

CEDEX com Live Stream -Webinar
https://www.youtube.com/watch?v=6Emixsliy6Q&feature=youtu.be&a=

You would use the Cedex coin to buy diamonds on the platform and to pay any fees.  After you have purchased any diamonds, you can either keep them on the platform, in the custodian's care, or have it delivered to you.

From page 12 of the whitepaper:
4.3 DELIVERY OF DIAMONDS
A trader who purchases a Diamond-Smart Contract will be able to request the delivery of a physical diamond. In
such cases, the delivery process will begin when the Diamond-Smart Contract status changes to In Delivery Process
and the diamond is sent to the owner. Once the owner receives the diamond, the Diamond-Smart Contract will be
marked as delisted by the smart contract.

You can read more on this here:
https://cedex.com/img/Whitepaper.pdf

This is interesting. I don't own any diamond but your project seems to provide me a way to get some diamonds.
Question is will real diamonds be delivered and how will it be delivered should I used the exchange and pay with CEDEX?

Quite right. Japan is the undisputed leader in applying crypto innovations and solving real-world problems using the  blockchain

good call the Japanese is a strong market and it will do good to the project

To all our CEDEX community! We have some exciting news to begin 2018!
As a result of high demand, new opportunities and regulatory developments, our pre-sale will be increased from 20% of total tokens offered to 50% and will be rescheduled. The new token pre-sale date is now: Friday March 16th, 2018 at 19:00 GMT.

There has been an extremely high level of interest in the CEDEX Coin on the token sale whitelist, and it has received substantial SAFT contributions, indicating that a 20% token pre-sale would likely fall well short of meeting the total demand. This has lead us to increase the sale amount to 50%, presenting a new opportunity for public investors, as 25,000,000 CEDEX Coins out of the 50,000,000 total publicly offered tokens will be available in the pre-sale. The remaining CEDEX coins will be made available through the public token sale.

Another significant benefit of the date change is that it allows for the Japanese market to participate in the token pre-sale. The Japanese Financial Services Agency (FSA) has recently decreed that tokens be registered on a Japanese regulated exchange prior to a token sale. Japan has long been a leader in cryptocurrency adoption and investment and represents a major potential market for CEDEX. As such, we felt obligated to our partners and participants to reschedule the pre-sale in order to accommodate the Japanese market. The extra time will be used to try and complete the regulation process and allow our Japanese contributors to participate in the token sale.

To read more see CEDEX website www.cedex.com or read more! https://cedex.com/img/CEDEX _PR.pdf

For any questions the team will be available to answer on our communities.

this kind of beautiful project for precious jewelry design items. it will be a high-volume project. the Diamond is nice because it is expensive as a high price. 

Watch our latest webinar: How would Diamond valuation full transparency impact the diamond industry?​​​​​​​ By Ronen Priewer, Founder
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https://www.youtube.com/watch?v=WDdq76mElxo&feature=youtu.be