What is diamond standard coin?

These diamonds are optimized into sets, and assembled into a physical, market-traded spot commodity. In Q1 2021, Diamond Standard Coin launched at $5,000 per coin. Investors can take delivery of the coin, but if the commodity sits safely in a custodian’s vault, it can be traded instantly and globally using a built-in blockchain token.

How does Diamond standard coin work?

Using automated market making and statistical sampling, their diamond purchasing forces the price-discovery of approximately 94 percent of the earthly yield curve of natural diamonds. These diamonds are optimized into sets, and assembled into a physical, market-traded spot commodity. In Q1 2021, Diamond Standard Coin launched at $5,000 per coin.

What is a diamond coin & bar?

The coin and bar are physical, and each contains a standardized set of diamonds, graded and certified by the GIA. The diamonds are acquired using an automated market-making and statistical sampling process. The geological details of the diamonds is stored on a public blockchain.

What is bitcoin Diamond coin?

Bitcoin Diamond coin could win over a lot of Bitcoin users with its faster transaction times, lower fees and easier access to new users. Bitcoin is a hugely popular coin but it can be quite difficult to use!