CEDEX – The Only Certified Diamond Exchange on Blockchain
A certified blockchain-based diamond exchange, Cedex, brought a new concept to the cryptocoin world. Transforming diamonds into a completely new asset class, Cedex bridges the gap between modern financial market and traditional diamond industry. By enabling clients to not only liquidate, but also make an investment in diamonds in a secure, and transparent way.
Understanding how Cedex works
By offering new ways to treat diamonds as another financial asset, Cedex has certainly offered a new option for investors. Using Cedex, anyone is able to make an investment in individual diamonds. On top of that, people will also be able to purchase shares and buy shares of this highly valued stone. But how exactly does Cedex work?
Utilizing machine learning algorithms, the platform is capable of providing accurate ratings for the true asking price of a diamond. Thus, clients would be able to learn whether it’s an under-valued asset, or a rip-off. The diamond rating system used in Cedex environment is referred to as ‘DEX’. Promoting coherence and transparency to the diamond financial market, DEX is designed with the following core components in mind;
- Global inventory analysis
- Financial indexes of diamond market
- Individual diamonds’ gemological composition listed on Cedex
The diamonds will be separated into a few categories once they have been onboarded right onto Cedex. Investors will have the opportunity to access the aforementioned categories in order to find the best investment for themselves. The technology used by Cedex ensures that everyone can take advantage of this type of investment. Yes, even those without knowledge on the rate and quality of a diamond.
Those who wish to invest may purchase an ETF-based investment vehicle that is specifically built around diamonds. Investors may also purchase shares in a particular high-value diamond, and earn profits as its value continue rises over time. The DEX rating system has automatically rated the diamonds listed on the platform. This makes it easy for investors to check. By entering the GIA diamond certificate number along with the carat size, investors will receive information on their diamond value.
Understanding the benefits offered by Cedex
The certified blockchain-based diamond exchange offers investors a myriad of highly profitable benefits for those who invest through Cedex platform. Said benefits cover the following:
- Diamonds have the ability to maintain their value at an all-time high even during uncertain times.
- Diamonds are highly favored by people of all ages.
- Diamonds are incredibly easy to carry and transport.
- Diamonds are recognized as a luxurious item over the globe.
- Diamonds make the best financial asset, more so when coupled with market transparency.
- The value of diamonds are generally more stable than either bitcoin and gold or silver.
Furthermore, Cedex provides the fact that in the diamond trading industry, more than 90-billion U.S. dollars of annual turnover is recorded. Unlike that highly fluctuating gold and silver market, diamond is highly regarded as a well-established market due to its stability. Not only stable, the diamond market is predicted to continue its growth in the next following years. Starting January 12th, 50,000,000 of a total of 100,000,000 CEDEX currency tokens are on-sale. Take part in its ICO now!
Public Token Sale
|50%||Selling 25% of CEDEX coins in the pre-sale, and remaining amount up to 50% in the public sale.||CEDEX Coins will be distributed at the end of the sale period|
|Up to 15%||Bonuses for pre-sale and early bird sale participants||No vesting period|
Participants in the pre-sale and sale will receive special bonuses as indicated below:
- Pre-sale up to 25% of total CEDEX Coin – 0.3 CEDEX Coin for each CEDEX Coin purchased.
- First day of sale up to 25% of total CEDEX Coin – 0.15 CEDEX Coin for each CEDEX Coin purchased (ending at 24:00 GMT).
- Further information and updates will be posted ahead of time on cedex.com.
|Price||1 ETH = 500 CED|
|Accepting||ETH, BTC, Fiat|
|Minimum investment||1 ETH for pre-sale|
Team & Advisors
|Team||Saar Levi – CEO & Co-Founder
Ronen Priewer – Founder
Avner Lewenstein – CTO & Senior Blockchain Developer
Evgeni Kif – Head Of Product
Aviv Balassiano – Development Manager
Itay Regev – BI Developer
Kateryna Gordieieva – Senior QA Engineer
Aleksandr Rebenok – Database Administrator
Boaz Hilel – Business Development
Yael Eckstein – Marketing Manager
Gadi Hayat – Strategic Marketing
Masha Mahlinovski – Graphic Designer
Calvin Hau – Asia Business Development
Ehud D. Cohen
this original article was written by cryptosweet