Topic: Diamond Backed Stablecoin - page 2. (Read 256 times)
does their project have diamond to build the project or is this just a project with a diamoned theme without any real diamon? because I have participated in gold stable too and they have gold for investors if they want to exchange it
I sense another ICO that want to take our BTC and ETH and give us some shit and will never amount to anything but will only blame the bad market for failure. If you are truly ready for your project, go secure loan from your country's science and technological ministry or get your family and friends who know you to get started we will see your progress and readiness and be motivated.
Diamonds are "measured" in CARATS first of all. Usually 1 gram is equivalent to 5 carats. And a 5 carat diamond can be worth between $100 - $100k depending on color, quality, clarity etc.
I really don't see how you can call this "STABLE".
Talking about "backed by diamonds" ... how many grams do you have to back your coin?
Value is that of a 1 gram (5 carat), UNCUT diamond, which is around 100$. So far i have 50 grams of diamond.I really don't see how you can call this "STABLE".
Talking about "backed by diamonds" ... how many grams do you have to back your coin?
Thank you for your opinion.
I guess it's not yet clear about how you can say if that will be going to the stable coin consider diamond has various types and then how can you sure if it will be stable? The guy above you said the correct thing about the diamond and how can you handle this problem? It's okay, you said you have some carats but the price for your 1-carat diamond doesn't make sense. The price of 1 carat J color diamond certified GIA laboratorium is much more expensive than what you have mentioned (the cheapest type).
Quote from: bitmover link=topic=5245808.msg54361850#msg54361850 date=1588616643
There are no diamond etfs.
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There are no diamond etfs.
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Yes. Thats why i came up with it
How do you plan to store it?
Gold and silver stable coins are much to be backed by and audited as there are many ETFs around. Those coins are like a crypto paper gold backed.
There are no diamond etfs. I don't think you plan storing your coins back up in your house.
Why do you think some investor would sponsor your project? Shouldn't you try to go to big diamond holders(like etf admins, such as sprott) and present your project to them?
It is much more interesting for an investor to buy a diamond directly and cut off you, the intermediary
https://www.thewealthadvisor.com/article/diamond-etf-gem-trading-opportunity
Gold and silver stable coins are much to be backed by and audited as there are many ETFs around. Those coins are like a crypto paper gold backed.
There are no diamond etfs. I don't think you plan storing your coins back up in your house.
Why do you think some investor would sponsor your project? Shouldn't you try to go to big diamond holders(like etf admins, such as sprott) and present your project to them?
It is much more interesting for an investor to buy a diamond directly and cut off you, the intermediary
https://www.thewealthadvisor.com/article/diamond-etf-gem-trading-opportunity
Noted.
Thank you for your honest opinion.
How do you plan to store it?
Gold and silver stable coins are much to be backed by and audited as there are many ETFs around. Those coins are like a crypto paper gold backed.
There are no diamond etfs. I don't think you plan storing your coins back up in your house.
Why do you think some investor would sponsor your project? Shouldn't you try to go to big diamond holders(like etf admins, such as sprott) and present your project to them?
It is much more interesting for an investor to buy a diamond directly and cut off you, the intermediary
https://www.thewealthadvisor.com/article/diamond-etf-gem-trading-opportunity
Gold and silver stable coins are much to be backed by and audited as there are many ETFs around. Those coins are like a crypto paper gold backed.
There are no diamond etfs. I don't think you plan storing your coins back up in your house.
Why do you think some investor would sponsor your project? Shouldn't you try to go to big diamond holders(like etf admins, such as sprott) and present your project to them?
It is much more interesting for an investor to buy a diamond directly and cut off you, the intermediary
https://www.thewealthadvisor.com/article/diamond-etf-gem-trading-opportunity
Diamonds are "measured" in CARATS first of all. Usually 1 gram is equivalent to 5 carats. And a 5 carat diamond can be worth between $100 - $100k depending on color, quality, clarity etc.
I really don't see how you can call this "STABLE".
Talking about "backed by diamonds" ... how many grams do you have to back your coin?
Value is that of a 1 gram (5 carat), UNCUT diamond, which is around 100$. So far i have 50 grams of diamond.I really don't see how you can call this "STABLE".
Talking about "backed by diamonds" ... how many grams do you have to back your coin?
Thank you for your opinion.
Diamonds are "measured" in CARATS first of all. Usually 1 gram is equivalent to 5 carats. And a 5 carat diamond can be worth between $100 - $100k depending on color, quality, clarity etc.
I really don't see how you can call this "STABLE".
Talking about "backed by diamonds" ... how many grams do you have to back your coin?
I really don't see how you can call this "STABLE".
Talking about "backed by diamonds" ... how many grams do you have to back your coin?
Hello,
I present to you my project DigitalDiamond,
A diamond backed stablecoin. 1 digitalDiamond will be equal to the price of 1g of diamonds.
Currently in development phase and actively looking for sponsors/investors.
Please present your reviews and ideas about this project. Looking for
C-O-N-S-T-R-U-C-T-I-V-E C-R-I-T-I-S-M.
Investors/sponsors will get return from the ICO, and will be featured on our website, and will be allowed to advertise their product.
I present to you my project DigitalDiamond,
A diamond backed stablecoin. 1 digitalDiamond will be equal to the price of 1g of diamonds.
Currently in development phase and actively looking for sponsors/investors.
Please present your reviews and ideas about this project. Looking for
C-O-N-S-T-R-U-C-T-I-V-E C-R-I-T-I-S-M.
Investors/sponsors will get return from the ICO, and will be featured on our website, and will be allowed to advertise their product.
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