The Diamond industry is massive, with roughly $13 Billion USD worth of diamonds being procured every year. These stones are utilized in many ways, including as abrasive and cutting materials, jewelry, and a store of value. Diamond Coin is aiming to create a platform that utilizes blockchain technology to make ownership and acquisition of these materials fast, easy, and anonymous.
In addition to a platform by which users can acquire diamonds, diamond coin also wants to make centralized vaults available to users for storing their precious gems. All of these applications will be done and tracked through a mobile app.
The Diamond Coin itself will be a 100% MN/POS token, which will run the Scrypt algorithm. Most Masternode projects experience a period of hyper-inflation in which the price is extremely volatile. Diamond Coin is attempting to create a long lasting, sustainable Masternode project through offering a reasonable reward of 10 DIAMOND per block, with a low max supply of 10,500,000. This will ensure that every DIAMOND is rare and valuable.
The premine for this coin is a low 5%, and will be utilized in the following way:
Exchange Listing: 23%
Platform Development: 32%
Marketing: 15%
Management Team: 10%
Other Team Members: 10%
Maintenance: 10%
Diamond Coin is in Pre-Sale, where 250 Masternodes are being sold for .05 BTC each. After this, the coin will be listed on CryptoBridge. To find more information on how to purchase DiamondCoin, please join the Discord server: https://discord.gg/bMtm5g
Always do your own research before making any investment
For More Information:
Website: https://diamond-coin.io/
WhitePaper: https://drive.google.com/file/d/1pkyg9C72-XgJUsdPFihNtGInJv9oOWOG/view
Discord: https://discord.gg/bMtm5g