Post
Topic
Board Announcements (Altcoins)
Re: 📢📢 [ANN]CARATS.IO: World's First Financial Diamond Market ✅✅
by
caratsio
on 23/06/2018, 16:32:02 UTC
Still unclear about how this can be a great investment vehicle. How are you going to attach the value of each token proportionately to the price of diamond?

The CARAT token will be valued at $1 at it’s generation (The exact ETH value will be determined a few days prior to the launch). Additionally, each CARAT token is at least 50% backed by the Carats.io real, certified diamond reserves (Note: each token is backed not by a single stone, but by a portion of the total reserve - providing an additional stability and backing).  Carats.io has a permanent token-to-diamond conversion system, allowing token holders to redeem 100% of their tokens’ value in diamonds and cash.