Post
Topic
Board Tokens (Altcoins)
Re: 💎💎A Diamond-backed blockchain token with downside protection – D1 coin💎💎
by
Cryggdrasil
on 17/12/2018, 13:35:32 UTC
Ok, so let's be clear: you are making an asset backed token which will have its value linked to the global diamond market. Can you please elaborate on potential benchmarks. Are there any?

Well, the market is pretty well measured. You might have seen in our starting entry that there is an industry indicator called Rapaport Diamond Price Index. It has been calculated since 1976 and serves the sector well. Some details are here: https://www.diamonds.net/Prices/RAPIDiamondIndex.aspx

Yes, I know RAPI for some time. Actually, it is a good move to give the market some alternative. Hopehully, D1 token will get liquid enough to serve as a new benchy, ha?