What is Diamond Reserve?

Diamond Reserve (DMDR) is an ERC20 utility token built on the Ethereum blockchain. By owning one DMDR Token, you will also own a 1-Carat Lab Grown Round Diamond. For each DMDR bought from us, we buy one High-quality European 1 Carat Lab Grown Round Diamond that we store across Europe using safety deposit banks from Switzerland, France, Italy, Germany, and others. All Diamonds are of similar quality, only Excellent and Rare Round cut, with dimensions starting from 0.96 Carats and up to 1.05 Carats. It is impossible to have identical Diamonds. The price of each DMDR Token is 15 to 25% lower than the minimum Retail Market Value of a European 1-carat grown Round Diamond. The Retail market value of a High-Quality European 1 Carat Lab Grown Round Diamond starts from $1200, which can go up to $5000 when attached to High-End Jewelry. You can use your DMDR tokens as a payment method, hold them as an investment, send them as gifts, stake them, and any other utility that crypto offers, or you can Redeem the physical 1 Carat Diamonds that are backing them. You will have to send the DMDR back to us, and we will send one Diamond for each Token to any name and address you request. DMDR is by far one of the most stable coins in the world, being pegged 1-to-1 with real Diamonds you own by owning the token. The Diamonds Retail Market Price has been extremely stable and will remain so for generations. DMDR doesn't promise you 10,000 its value, but it offers extreme price stability compared to 99% of the tokens that are not physically backed by anything. DMDR offers you the possibility of owning as many High-Quality Diamonds as you wish at a price below the Retail Market Price by a Huge Margin.

• Name: Diamond Reserve.
• Symbol: DMDR
• Total supply: 10,000,000.
• Contract address: 0xC427f19DeA9e7C967fb3c49bFb4f3D8A8CDcd2Ea.

How does Diamond Reserve operate?

We buy our Diamonds from several grown diamond producers and Distributors from all across Europe. We only buy 1 Carat Excellent or Rare Cut Round Diamonds that are 100% Authentic have been certified by the IGI (International Geological Institute), and have an engraved serial number. This makes every single one of our Diamonds certified and highly valuable. IGI certification involves thoroughly examining and evaluating a gemstone to determine its quality and authenticity. The grading process considers several factors, including the stone’s color, clarity, cut, carat weight, and any treatments or enhancements that may have been applied. We store all our Diamonds all across Europe in security Banks. When a Diamond is redeemed, we extract it from the bank and send it to your requested location using DHL courier services. Because of the complexity of operating with Diamonds, the shipping can only be done starting in around 5 to 30 days from the initial day of redeeming your Diamonds and can take anywhere from 2 up to 45 Days to reach your location.

• Market to trade the $DMDR tokens on CEX: DMDR/USDT.
• Check the DMDR's rank on the Popular Altcoins DAPP. 

Roadmap of Diamond Reserve

Stage 1: January 1st, 2024 - April 15, 2024

Deploying the Token Contract on the ETH Network. Creating the Website and Media Network for the DMDR Token Launching. Developing the necessary infrastructure for the Diamond's mass Purchase, storage, and shipping.

Stage 2: April 15, 2024 - July 15, 2024

Initial Coin Offering at a discounted price of $500 / Token for a limited supply of 500,000 DMDR. If all 500,000 tokens are sold prior to July 15, 2024, we will start selling the Token at full price ($850) 1 week after the last ICO token is sold. If not all Tokens will be sold until July 15, 2024, we will start selling at the total price ($850) one week after the ICO ends. You can redeem your Diamonds starting from July 15, 2024.

Stage 3: July 15, 2024 to Ongoing

We will start selling at a total price of $850+ for 1 DMDR Token. Redeeming your Diamonds for the Tokens will continue.

Meet the Team

I want to take this opportunity to thank you all for your interest in our project. It took us almost one year to organize all the logistics running in Diamond Reserve's background. It is a project full of passion as it is full of tech. It is impossible to list the full team here since it goes well into the dozens, so we will gladly take credit for their hard work and call them our faceless heroes! Also, the team and I promise to all of you to make Diamond Reserve a tier-one token. My Warm Regards, "Dan Burcut."

FAQ

Find the answers to popular questions:

What is Diamond Reserve?

Diamond Reserve (DMDR) is a pioneering utility token built on the Ethereum blockchain, backed by a real 1-carat lab-grown diamond. The project aims to offer investors and users a stable and secure digital asset, providing a unique opportunity to participate in the crypto space with the stability of tangible assets.

This project sounds too good to be true! Are you legit?

We know that the crypto world has had its fair amount of rug pulls and that there will be many to come, but not with us. We are committed to becoming one of the most respected tokens in the crypto space. We have the right ingredients for that: diamonds, and they are forever, just like us!

How does Diamond Reserve work?

Diamond Reserve backs each DMDR token with a 1-carat lab-grown diamond stored in secure European facilities. Investors can purchase tokens and redeem them for physical diamonds.

How many diamonds can I redeem?

There is a limitation of 10 diamonds per redemption request and 100 diamonds per day per individual. This limitation is in place due to the logistics of operating with diamonds. There is no maximum redemption limit overall; you can redeem as many.

Are the diamonds certified?

All diamonds are certified and have an embedded serial number registered with the International Gemological Institute (IGI) for verification. You can verify all our diamonds in any certified jewelry store using a high-resolution microscope to reveal the serial numbers from the IGI certificate.

How do I redeem my diamonds?

To redeem diamonds, investors need to send their DMDR tokens back to the project team and provide their name and address for shipping. Please go to the Redeem page for the full instructions on proceeding.

Do you store my shipping information?

Yes, we store all shipping details. We are legally obligated to keep a clear record of all our Diamonds shipping and beneficiaries.

Are there any restrictions on shipping locations?

Diamonds are shipped only to locations that DHL can reach. We also do not ship to any restricted country. The investor is responsible for ensuring diamonds are legal in their country.

Can I redeem my diamonds for cash instead of physical diamonds?

No, diamond redemption is only available for physical diamonds. Cash redemptions are not offered as part of the Diamond Reserve project. However, you can sell your diamonds in many ways, including online or in person.

Can I send Diamonds to my loved ones or friends?

You can redeem your diamonds to any name and address without restrictions in the specific country. Ensure you provide valid contact information if you send the diamonds to a third party.

Is Diamond Reserve the first token backed by real diamonds?

Diamond Reserve is the first token to offer ownership of physical diamonds.

What sets Diamond Reserve apart from other crypto tokens?

Diamond Reserve stands out as the first token to offer fractional ownership of physical diamonds, combining the benefits of blockchain technology with the value of tangible assets.

Can I use DMDR tokens for payments or gifts?

Yes, DMDR tokens can be used for various purposes, including payments, gifts, and investments.

Are there any vesting periods for tokens purchased during the ICO?

There is a specific vesting period for tokens purchased during the ICO, from April 15, 2024, until July 15, 2024.

Can I visit the storage facilities to inspect the diamonds?

Unfortunately, storage facility visits are not permitted for security reasons. However, you can verify the authenticity of the diamonds through the provided certification and verification processes.

Can I sell my DMDR tokens on cryptocurrency exchanges?

Yes, DMDR tokens can be traded on cryptocurrency exchanges where they are listed, providing liquidity and accessibility to investors.

Are the Diamonds low quality?

No, all diamonds are high quality, 1 carat, excellent or rare cut, and round shape. We do not buy low or medium-quality diamonds.

What if the diamond's price goes to 0?

Diamonds have been around and holding their value for thousands and thousands of years. If the diamonds ever lose their value, then the world will be in a very bad place.

Diamonds are cool, but what can I do with them?

Diamonds are one of the best ways of holding wealth. You can use them for jewelry, store them, or use them as currency.

Disclaimer

This article is for informational purposes only and does not constitute financial advice. The content is based on current knowledge and may change over time. Readers should conduct their own research and seek advice from financial experts before making investment decisions involving the DMDR token or other digital currencies. In addition, the Tokpie does not give legal, tax, or financial advice or guarantee the coin's price performance.