CEDEX.com is a global exchange that focuses on bridging the gap between the traditional diamond industry and the innovative financial markets. With its extensive industry knowledge, CEDEX wants to engineer a ground-breaking change – enabling people to liquidate and invest in diamonds like any other financial asset, in a transparent and secure way. The CEDEX exchange enables anyone to invest in individual diamonds, shares of a high- value stone or shares in a basket of diamonds (ETF). Investors, buyers and sellers have full confidense because the diamond value is transparent, using the DEX, our machine learning algorithm and blockchain technology that rates a diamond’s asking price; liquid because it creates a two- sided market by enhancing both the supply and demand, and standardization because CEDEX creates a unique benchmark value, rate and contract for every stone.
The CEDEX Exchange enables to invest in individual diamonds, shares of a high-value stone or shares in a basket of diamonds (ETF).
Ethereum ERC20 standard token.
Attention. There is a risk that unverified members are not actually members of the team
$74 456 092
This is a certified block chain based diamond exchange platform that focuses on bridging the gap between the traditional diamond industry and the innovative financial markets
The diamond industry has faced different challenges due constant price variation. The use of this platform through the DEX token pillar enables the platform to rank each diamond with their respective prices making it viable to the current economy. I would invest in the platform
The world of diamond trading is a rather obscure and remote concept for most people, and what we do know stems from James Bond movies or murder mystery serials. In reality, only those who own substantial wealth and have significant financial clout have hopes of getting involved in owning or trading precious stones. CEDEX offers a novel idea, a marketplace where more regular people can buy or trade in diamonds. The concept is neat, yet many might be afraid to dip their toes into a market traditionally considered as elitist. This ICO deserves a chance, if only to prove once and for all that diamonds are in fact forever, this time perpetuated by the blockchain.
Recently in the market with an enviable regularity projects offering investments into gold, diamonds, bananas etc. are appearing based on the blockchain technology. Each project guarantees reliability, liquidity, profitability, etc. The last example has become rather sad for 3,200 investors in the Bitcoin Gold project. They lost literally in one night from November 13 to 14 2017, more than $2.5 million due to the scammers. The initiative group of investors accused the authors of the project in complicity with the scammers, believing that it was the authors of the project who provided scammers with all the data to withdraw funds from the project. But when the project was advertised the main message was that the project's tokens are guaranteed by gold and this as you know is very reliable. But as it turned out, is not so reliable compared to the usual investment in gold using traditional investment channels for example hedge funds. Certainly the authors of the Cedex project are respected people and qualified specialists. In this regard you do not have to worry. But on the other hand investments in diamonds on the Cedex exchange suggest using surrogates of fiat money - CEDEX Coin tokens. And what will prevent intruders from withdrawing investors' assets when an appropriate case occurs? Nothing will stand in the way. Thus, it is not important what the authors of the project offer for investing - gold, diamonds, furs, black caviar or bananas. In any case, investments will be risky because there is nothing eternal in this world.
Cedex wants to transform diamonds into a new asset class built on blockchain technology. You can use Cedex to view ratings information for diamonds, then invest in diamonds in a transparent way. Cedex opens up new investment opportunities, like the ability to invest in diamond-based ETF-style investment vehicles, or the ability to buy shares in high-value diamonds.
Are diamonds a girls best friend? How do we avoid blood diamond? These are all questions and challenges that this ICO could help to solve - it is potentially a good example of a use case where blockchain is an ideal partner. Team looks good - though listing the same advisor twice seems a little over enthusiastic? Overall will be an interesting one to watch.
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