DIAM
A consistent currency perfectly pegged to the price of 1 USD, backed by $150 million worth of diamonds.
A consistent currency perfectly pegged to the price of 1 USD, backed by $150 million worth of diamonds.
diamDEXX was created to establish a new standard of Value in the crypto world.
We believe in achieving great results by innovating and consistently doing what’s best for our users.
To do this, we’ve created the first 100% consistent coin; a stable asset backed by the most consistent assets in the world.
We call this concept ‘coinsistency’, and we proud ourselves on applying it to every aspect of our business!
In motion since 2018, we believe in borderless, truly valuable money, backed by redeemable assets.
A stablecoin 100% backed by physical, audited diamonds, listed on top exchanges and serving as a gateway between them.
The diamDEXX wallet, where users can exchange and purchase DIAM using cryptocurrencies.
Our diamantaire platform, where users will be able to redeem their DIAM in exchange for physical diamonds and enjoy manufacturer price.
We store our diamonds in 5 Tax-Free Zones, where they’re audited by IDEX, and regulated by local authorities. The diamDEXX platform then connects them to 7,000 different diamond manufacturers offering 800,000 fully-certified stones.
Through this ecosystem, we facilitate a system where diamonds are used as a collateral to make DIAM perfectly liquid. Our users then become free from external, systematic, or internal restrictions, allowing them to access financial freedom with ease.
One DIAM will always equal 1 US Dollar through our dynamic smart-vault system, and users will always be able to convert their DIAM back to USD. DIAM will also be used as a payment method both on our platform and our partners’, while accepting no intermediaries. DIAM will always be transacted from user to user only!
Thanks to our smart-vault system, we are able to keep 1 DIAM at $1. To do it, we’ve designed a smart-contract that automatically adjusts the number of diamonds in our vaults in the following situations:
-The market price of diamonds goes up, or
-The market price of diamonds goes down.
When diamonds’ price goes up, we will adjust our vaults by reducing the number of diamonds on them, and/or issuing more tokens.
And, when/if the price decreases, we will burn tokens and/or buy new diamonds to ensure our currency’s stability
Diamonds have proven their security aspect for investment purposes. They offer protection against credit risks of centralized financial institutions and banks, currency fluctuations, inflation and socio-economic variables.
Our platform is 100% dedicated to providing safe, and easy accessibility to DIAM to all our users, and offers any individual the ability to purchase DIAM at any time. Our user friendly interface will allow you to keep your DIAM on your auto-created web wallet or if you prefer, you can use your own already existing ERC-20 wallet.
diamDEXX was created to establish a new standard of Value in the crypto world.
We believe in achieving great results by innovating and consistently doing what’s best for our users.
To do this, we’ve created the first 100% consistent coin; a stable asset backed by the most consistent assets in the world.
We call this concept ‘coinsistency’, and we proud ourselves on applying it to every aspect of our business!
In motion since 2018, we believe in borderless, truly valuable money, backed by redeemable assets. To achieve this mission, we offer three products to the public:
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