Diamond Coin
backed by diamonds of 0.05 carats or more
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Hunter's comment
This is ethereum based blockchain token. It's short name is DPT token. You can buy this token p2pb2b, Latoken, graviex and local trade. This is provide reliability, transparency and stability.
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I hope there is transparency. Because the concerns of Blood Diamonds are always there.
On the other hand it is good to see blockchain technology introduced into lucrative diamonds business.
Awesome Hunt :)
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very great hunt, backed by shavings obtained during the cutting and polishing of more valuable diamonds, these 0.05 carat diamonds will surely be good to provide stability. Diamonds have been a strong store of value since marketing was fine tuned in US, and guys were encouraged to buy diamond rings worth 3x their monthly paycheck. Hope the bid ask on this coin will not be as good as that in diamond retail.
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another token? huffs tired of them really :P XD now what is good about this token oops yea it's an Ethrium based well i don't have any experience of Ethrium wallet or tokens so not sure i should look into it further anyways cool hunt for others who might have an interest in it.
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I was expecting to eventually see someone actually do this. It is a very difficult task to execute. therefor I'm only cautiously optimistic about the project. The whitepaper had some nice points mentioned:
and quarterly audit of collateral
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This project is going to launch in 12 hours time from now it seems a promising project. Best of all I like that it offers physical storage of diamond which will keep it stable. Great one
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It is a great idea to invest in diamonds now instead of gold. It will be beneficial for those who invest in it. This is a great project. It provides diamond storage which will keep the diamond stable. Great hunt
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I have gone through the project and like the concept and its backing by 0.05 which gives the project strength. It's built on ethereum platform which is also a most popular smart contract platform. I will Keep an eye on the project and track its progress. Thanks for sharing.
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Very promising project, I will follow it very closely. Thanks for sharing my friend
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Pros.
Cons.
*non
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Looks like an amazing concept, a currency backed by a diamond, i am sure it will get attention of the people and will get succeed.
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A very novel idea to establish the stability of the coin,
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Wow amazing concept. The good thing is its stability idea
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Wow. Instead of gold now backing with diamond. Should be a very stable coin. Good hunting.
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Congratulations!
We have upvoted your post for your contribution within our community.
Thanks again and look forward to seeing your next hunt!
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looks like very innovative idea in the direction of stability of a coin. great hunt
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it's a great idea because people really do investments in diamonds and gold so this would be also benefitial for investors
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