Well, you're wrong by assuming:

1. We don't own our assets.
2. We're trying to scam anyone.

In fact, the first audit of our project, before issuing and burning, was published on our site. You can see it in diamdexx.com!

Thanks Maria! We hope to keep growing our channel. Our new video is almost out!

Every diamond has a unique price, which is set and certified by the manufacturer. Our diamond vaults are worth $250 million USD, and are set in Antwerp, Belgium primarily, but also in 4 other Top Free Trade Zones. We don't have a limited user number... DIAM is for everyone to use!

Want to DOUBLE your money's value in crypto? 😮
Until June 30th, you can buy up to 10 DIAM at our wallet, and get a 100% bonus! 💎💎💎
You can do this up to 5 times... that's FIFTY free DIAM! 😉
No KYC is required!
To do it, just register an account at: https://www.diamdexx.com/

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'

The new video from The COINsistent Show guys is LIVE! 😱
GlobalCoin? 🤔 PAXOS used for Real Estate? 🏚 BNB at ATH? 👏
All that, and more, on their newest video! 👇

Have you subscribed yet? If you haven't, do it on their Youtube channel!
Go to https://youtu.be/Kh_24htRBW8

More than anything, being backed by a redeemable asset. For example, until lately, you couldn't go to PAXOS and demand them to give you USD in exchange for your coin. Now you can, but that's still not true for Tether, which is not even audited.

When it comes to competing with PAXOS, then, the main difference is that we're backed by an asset. You can exchange your DIAM for physical diamonds at a discount... which means that you get more than your currency's worth in physical stones.

Stay tuned to our Telegram channel! There's a lot cooking at the moment. Did you know about our random token distribution?

Not miners, since our currency won't be mineable. However, we do provide an incentive for users (discounts) and adopt it as a solution (reduced costs).

We hope it was, at least, cheaper 

Almost got it 100% right, but missed a small detail... we're launching our platform DiamDrop.com which will allow users to exchange their DiamCoin for real diamonds... at prices way lower than the market! This way, your coin is always worth more than it's dollar value in Diamonds.

It's a win win!

That's correct, yes!

This is so that we can simplify the experience for our users. We want them to be able to use DiamCoin as a safe storage of value, without them having to get confused or worried about what the price of one carat of a diamond is today, even if it doesn’t vary that much.

Also, determining what the price of one carat of diamond is right now is not as straightforward as for an ounce of gold, since there are many factors that come at play when determining the value of every individual diamond. At Hello Diamonds we have extensive experience in dealing with diamonds, so we can use these assets to ensure the value of our token to keep the 1:1 proportion.

The benefit of such a system is that, in the case of a financial crisis, diamonds are one of the most crisis resistant-assets.

[/quote]Now in light of the approaching depletion of the diamond mines, it's a great idea to use diamonds for the underlying asset.But what kind of diamonds are you talking about? Are  a diamond as  a raw material or a jewelery-cut diamond? Do your diamonds have a certificate and in which center was it obtained?
[/quote]

Thank you for this remarks, i ll clarify this point!
We are dealing only with certified polished Diamonds GIA.

So, for our future we envision three main things: Listings, Partnerships, and Ecosystem growth.

We understand that the convenience factor for investors is really important, so we want our users to be able to get us through most exchanges, in convenient pairings. We're in talks with medium and major exchanges at the moment to achieve this.

Second, if we want to successfully become the first stablecoin to be adopted as a mainstream means of payment, we need to create valuable partnerships, both in retail and specific to the diamantaire industry. In this regard, we already have an advantage - Hello Diamonds is already connecting thousands of diamond manufacturers that offer hundreds of thousands of stones with purchasers. We also have specific team members dedicated 100% to this task to achieve swift and important partnerships that push our project forwards.

Third, but not least, our ecosystem is really important for us. We want DiamDrop (our retail diamond platform that will be powered by DiamCoin) to achieve as much exposure as possible, and continue to create incentives for brands to adopt DiamCoin.

I hope this answer has been satisfying!

-Carlos, Social Media Manager of DiamCoin.

P.S. We want to apologize for the lack of answers in this thread. We'll make sure every question gets its answer today - and that every question gets answered within 24 hours from now on. Please keep the questions coming, and don't hesitate to add follow-ups if you need them!

We build a digital currency where you can store your value and keep it between generation. Using Diamcoin, you ll participate to build a stable network where can be use by others projects (Stable coin as a service) or as collateral/reserve for cross chain project.
We believe in a future the need of stable coin in the blockchain will be a big part of our economy.


We have our own wallet where you convert your btc/eth/usdt/pax/usdc/bnb


DiamCoin is ERC20

Exactly we build different mechanism to keep the price as 1
Dont forget we have a economist nobel price in our team!

this coin is for holder not speculator!

Next year i hope! But with Diamcoin we have the luxury to choose the Diamonds and send back any time to our partner website Diamdrop.com

yes we have 3 mid size exchange
and we are working for a launchpad also