Diamond (DMD)

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Description

Diamond (DMD) cryptocurrency coin is specifically designed to invest in and benefit from real world physical assets such as diamonds. Its core functionality is to give investors the right to control ownership of a portion of a diamond, in the same way that a contact note might confer an amount of units in a first-time sale. Diamond (DMD) was founded by Daniel M. Guptail and Andrea Masari, with the original idea of developing a stablecoin (a cryptocurrency with a finite supply and with a fixed exchange rate with the US Dollar). The project was later expanded to incorporate real-world diamond transactions into the entire DMD ecosystem. What makes DMD unique is its ability to offer the security associated with executing diamond transactions on a blockchain-based platform, without the need for customers to physically own or hold any diamonds. By delivering smart contract solutions, DMD ensures that diamond transactions are authenticated, recorded and securely conducted without any risk or threat of fraud or theft. DMD is mainly used for securely buying and holding diamonds as a form of long-term investment, with the DMD token being used as a store of value. DMD tokens can be used to purchase real-world diamonds such as 0.25 carats and other sizes, as well as purchasing diamonds in bulk. You can buy and sell Diamond (DMD) through a variety of crypto exchanges, such as Bittrex, HitBTC, and Bit-Z. Additionally, you can also purchase DMD direct from diamond dealers and from certified brokerage companies. When selling, you can convert your DMD coins into a variety of different cryptocurrencies, such as BTC, ETH, LTC, and XRP. Overall, DMD is a great cryptocurrency for those looking to invest in real-world diamonds, as it offers a safe and secure way to purchase, hold and sell diamonds. With its great features, coupled with its easy availability and low transaction costs, it is definitely worth considering as a cryptocurrency investment.