Post
Topic
Board Announcements (Altcoins)
Re: 🔴🚀♦️ [ANN] DIAM - Consistent Coin 100% Backed by Redeemable Diamonds! ♦️♦️♦️
by
Sincere_
on 18/06/2019, 03:05:05 UTC
That's a ingenious concept, but how to make sure of Diam will keep 1$ value ? and what's the total amount of Diam ?
Thanks to all community


Well, the coin is backed by $150,000,000 worth of diamonds, and we're issuing $150,000,000 tokens. We've also set an interesting smart-vault smart contract that makes sure things stay 1:1 as you can see at https://www.diamdexx.com/ under 'Our Vault'

Definitely an interesting concept will read up on this coin as the diamond industry is very lucrative and this seems like a solid investment will look into it more!