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Topic: [ANN] [ICO] (CED) CEDEX 1st Ever certified blockchain diamond exchange - page 47. (Read 79627 times)

member
Activity: 177
Merit: 10
Waiting for the further updates CEDEX. There is no Telegram Group yet? How can I check your MVP?

No need to wait, updates are daily for this project. There is a telegram group, click on the icon in the first post in this thread. The MVP will be available to the public when it is ready. In the meantime, you can check the value of your diamond on the website, and you can attend the webinar in 2 hours with Ronen Priewer:

https://events.genndi.com/register/169105139238470040/9c79ce597c
newbie
Activity: 4
Merit: 0
Waiting for the further updates CEDEX. There is no Telegram Group yet? How can I check your MVP?
member
Activity: 177
Merit: 10
Investment Watch: Matt Morris's verdicts on recent developments
‘Promising lead’ or ‘Back to the lab’?

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https://www.professionaladviser.com/professional-adviser/news/3023259/investment-watch-matt-morriss-verdicts-on-recent-developments
member
Activity: 177
Merit: 10
great idea guys
i love this project
how much will be raised ?>

The cap is 100 million CEDEX Coins, of which 50 million will be offered during the crowd sale for about 100ETH/US$30million. We cannot predict how much of this we will raise, however.
newbie
Activity: 24
Merit: 0
great idea guys
i love this project
how much will be raised ?>
full member
Activity: 560
Merit: 100
Hello everybody. Very promising project I wish fast  success of your project,  I will support you! good of luck!
member
Activity: 177
Merit: 10
It's time to Spread The Word! - Get 50 FREE #CEDEX Coins when sharing our promotion to your friends! Click here to learn more! http://upvir.al/43069/cedex
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full member
Activity: 392
Merit: 100
As i know Cedex is the first mover of this area , I never trade diamond before but with Cedex i will have the chance of exchange diamonds and make money. I also joined bounty campaign because i believe in this project.
member
Activity: 177
Merit: 10
member
Activity: 177
Merit: 10
member
Activity: 177
Merit: 10
video of #Cedex webinar + #AMA with CEO Saar Levi: https://youtu.be/oHCNYY_8qW0
member
Activity: 177
Merit: 10
member
Activity: 177
Merit: 10
The diamonds? What are you talkink about? Are they just suporting by them or what?

From the whitepaper:

Quote
CEDEX is built on four pillars: The DEX proprietary technology, blockchain technology, diamond tokenization and the CEDEX Coin.
Section 3.1 presents the way the DEX establishes transparency and standardization in diamond trading. Section 3.2
discusses the tokenization of diamonds. Section 3.3 maps the CEDEX solution in the domain of blockchain-based
exchanges. Finally, Section 3.4 outlines the CEDEX Coin.

Please take a moment to read those sections, it explains the entire process in just 3 pages: https://cedex.com/img/Whitepaper.pdf

This really confused where to get complete information about the cedex to understand because you are mentioning diamonds and DEX, but how are these two different in real time environment.

The Dex: What determines the price of a diamond.
The DEX, our proprietary machine-learning algorithm, has been created to bring transparency and coherency to the diamond financial market. The DEX comprises three main elements: the gem composite, which represents a diamond’s gemological perfection; the parallel composite indicating the rarity of a diamond category and the indices composite, giving potential traders market directions for the diamond industry. Diamonds are onboarded to CEDEX and classified by categories. The DEX has been designed to incorporate artificial neural network technology using all available diamond data.

After a set value of a diamond has been determined, a diamond token is created.  All this is is a digital representation of that diamond on the Cedex platform.

Cedex Coin: The CEDEX Coin will be the only means of payment used on the CEDEX exchange.
The CEDEX Exchange will be powered by the CEDEX Coin. This ERC-20-compatible token will be traded over the public Ethereum blockchain and will allow users to purchase diamonds on CEDEX, transforming their assets into diamonds. Use of the CEDEX Coin will be driven by trading volumes generated on the CEDEX Exchange and the demand of the diamond ecosystem. The CEDEX Coin will be listed on major exchanges (to be announced) and will be transferable to other cryptocurrencies and fiat currencies.
member
Activity: 280
Merit: 11
The diamonds? What are you talkink about? Are they just suporting by them or what?

From the whitepaper:

Quote
CEDEX is built on four pillars: The DEX proprietary technology, blockchain technology, diamond tokenization and the CEDEX Coin.
Section 3.1 presents the way the DEX establishes transparency and standardization in diamond trading. Section 3.2
discusses the tokenization of diamonds. Section 3.3 maps the CEDEX solution in the domain of blockchain-based
exchanges. Finally, Section 3.4 outlines the CEDEX Coin.

Please take a moment to read those sections, it explains the entire process in just 3 pages: https://cedex.com/img/Whitepaper.pdf

This really confused where to get complete information about the cedex to understand because you are mentioning diamonds and DEX, but how are these two different in real time environment.
member
Activity: 177
Merit: 10
The diamonds? What are you talkink about? Are they just suporting by them or what?

From the whitepaper:

Quote
CEDEX is built on four pillars: The DEX proprietary technology, blockchain technology, diamond tokenization and the CEDEX Coin.
Section 3.1 presents the way the DEX establishes transparency and standardization in diamond trading. Section 3.2
discusses the tokenization of diamonds. Section 3.3 maps the CEDEX solution in the domain of blockchain-based
exchanges. Finally, Section 3.4 outlines the CEDEX Coin.

Please take a moment to read those sections, it explains the entire process in just 3 pages: https://cedex.com/img/Whitepaper.pdf
full member
Activity: 476
Merit: 100
This looks very interesting. The option to trade coins for diamonds is incredible!
Following this..
member
Activity: 84
Merit: 10
I couldn't find anywhere if there is a soft cap or a hard cap or if the unsold tokens will be burned. Is there any information regarding this?

Originally the hard cap was set at 100,000 ETH.  With the rising cost of ETH it may be set lower by the time the sale begins.  We will keep you posted.   

From what I see this is a kind of asset backed token. Am I correctly understanding the cedex token?


No, the CEDEX token is not asset backed, that would be the D-Token which represents a diamond. The CEDEX token is used as currency on the platform to pay for services or diamonds.

I see, thanks for the clarification. Is the CEDEX token a exclusive currency to pay for these things, is it offered as an option alongside crypto or fiat?

It is the only currency you can buy the D tokens with, and they are the diamonds.
The diamonds? What are you talkink about? Are they just suporting by them or what?
member
Activity: 177
Merit: 10
Thank you for the kind words. Be sure to come to the webinar to ask your questions, and spread the word so more folks turn up to ask their questions too.
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Webinar – Monday December 11th
We know December is a busy month, but make time to attend our upcoming webinar with our CEO, Saar Levy. Saar will speak about the #CEDEX project and will answer all of your questions.
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If you are interested in participating, contact us at [email protected] or reserve a spot here:
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https://events.genndi.com/register/169105139238470040/e9a8cb87c7

full member
Activity: 238
Merit: 100
Cool project, Im really into precious minerals and I would love to own some diamonds some day. I wouldnt think of it as a financial asset though, Id rather have them right by my side. Will this also be a peer to peer marketplace to buy and sell physical diamonds?

Cool project, Im really into precious minerals and I would love to own some diamonds some day. I wouldnt think of it as a financial asset though, Id rather have them right by my side. Will this also be a peer to peer marketplace to buy and sell physical diamonds?
You mean you paid a crypto currency and you brought back the stones in a box with a ribbon? I think no. Though who knows. Can such an innovation when it becomes a feature of this project?)))

Peer to peer is possible on CEDEX, yes. Diamonds in the system are represented by DTokens and kept by a custodian. Peers can trade diamonds using the tokens, and request to have the diamond sent to them from the custodian should they decide they want the physical diamond. The process is detailed further in this video, at about the 9:30/10:00 mark: https://youtu.be/3E4puiR-5mQ

Great, thank you for the answer that was exactly what I was asking about! Good explanation in the video as well, diamonds will be tokenized on the blockchain and can therefore be freely traded as an digital asset, but as soon as we choose that we want to obtain the physical asset (diamond) that matches our cedex token, we can request this and it will be sent from the custodian. Thats great! Im looking forward to the cedex platform. Hopefully your ICO will be a big success!
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