D1 Coin

D1 Coin

Created using Figma
Created using Figma
The underlying blockchain technology for D1 Coin is built on the Ethereum blockchain. Transactions made using D1 Coins will be validated using the Proof of Work algorithm, in which miners are rewarded with coins and/or transaction fees. Understanding the security risks of blockchain technology, the D1 Mint complements the in-house team of software engineers with multiple third-party cybersecurity firms to seek to maintain a spotless track record on security.
PRIVATE SALE
Oct, 2018
Nov, 2018
100% completed
Raised funds - no Data
past
Company Details
Registered Country
Singapore
Additional Details
KYC
Yes
Categories
Platform

About D1 Coin

D1 is named after M1, a term from economics, which refers to the base monetary supply, i.e. all the cash and equivalent circulating in the economy. D1 represents the diamonds circulating in the economy, which have an estimated market value of USD 1 trillion. In one US Dollar you own a small fraction of the total M1 of USD 3.62 trillion; in the D1 Coin you own a fraction of institutionally-certified, securely vaulted stock of high-grade diamonds.

The D1 Coin is a diamond-backed token, with each D1 Coin pegged to the value of a fraction of an authentic, natural diamond, a proxy for ownership of a share of the world’s diamond reserve that has proven to be 100x more resilient to devaluation than US Dollar. The fundamentals of the diamond market are impressive. According to Bain & Co, within the next decade a supply gap will emerge that is larger than today’s total global production of diamonds. Diamonds also have the potentioal to become more sophisticated too. A diamond will carry a lot of precious information about its provenance on the blockchain. Imagine you are a loving father and you’d like to offer your daughter a diamond. What would you say if that were not just any diamond, but a gem that after billions of years underground saw the light of the day exactly on her birthday? This additional information will differentiate individual stones one from another, make possible collections, auctions, emphasise rarity, enrich numerology and astrology, and open up whole new aspects of diamonds resulting in growing demand for natural diamonds. Last but not the least, demand is set to explode

. In the 60-ies Japanese were buying any diamonds; in the 70-ies they acquired the Western practice of buying engagement rings with diamonds and within a decade Japan had become the second biggest diamond market in the world after the US. What is currently happening in China and India is history repeating itself, but on a scale that is 10 times larger. D1 is using modern technology to make ownership of diamonds easier, faster, and a lot more fun. And it opens the world of diamonds not only to those with USD 10,000 or more to spare, but also to those with USD 10. An important difference between dollars and diamonds is that Governments can’t print diamonds when they need to. D1 Coin is a digital reflection of a brilliant, valuable and treasured natural wonder – the polished diamond.

D1 Coin Roadmap

  • August 2017

  • Project Idea Soft Market Test
    D1 Project has its first media response.
  • September 2017

  • Diamond Procurement Confirmation
    Initial volume of diamonds for tokenization are secured with leading Diamond producers (Alrosa, KGK, Kristall).
  • October 2017

  • Smart Contract Deployment
    Smart-contract developed by the team and passed two independent audits.
  • March 2017

  • Advisory Board Establishment
    Leaders of Dismond industry and seasoned international professionals from the financial and fintech are engaged as advisory board members.
  • Read More
  • May 2018

  • Approval of the project's documentation
    During the June, lawyers approved and verified the whole project's documentation.
  • June 2018

  • Diamond Reserve Procurement for Pre-sale Customers Completed.
  • July-August 2018

  • Closed Pre-Sale for Accredited Customers
    Subscription by accredited large-scale customers.
  • September 2018

  • Discussing the listing conditions with crypto-exchanges
    D1 team contacts representative of the top 10 exchanges to get additional information about the terms and conditions of the listing.
  • October 2018

  • Opening of the White List
    Subscription by general customers.
  • November-December 2018

  • Awareness campaign
    During 2 mmonths, D1 will be gathering a community among the innovative idea of Diamonds tokenization.
  • Q1 2019

  • Token Generation Event
    The opening of smart-contract, accepting payments of the White-List subscribers, issuing and distributing D1Coins to Customers.

Activity

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Likes:
25
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Followers:
32
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Tweets:
99
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30 Days Growth:

D1 Coin Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Hogi Hyun
Founder & Director
unverified
Jeff Wentworth
Technical Director
unverified
Bill Claxton
Operations Director
unverified
William Metcalfe
Technical Director
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Sandeep Kothari
Advisor
unverified
Alexei Chekunkov
Advisor
unverified
Bernard Lunn
Advisor
unverified

D1 Coin Last News

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