D1 coin 白皮书.pdf

D1 COIN WHITEPAPER September 29, 2017 Ver. 0.9 For further ination, please contact Hogi Hyun 11 Beach Road, 06-01 Singapore 189675 Phone 65 9630 8459 E-mail infod1coin.io WHITE PAPER | D1 1 | P a g e This document does not constitute or part of any offer, invitation, or solicitation of any investment and does not pertain in any way to an offering, invitation, or purchase of securities in any jurisdiction. This document has not been or will be ted to, registered with, reviewed or verified by any regulatory authority in any jurisdiction 1. INTRODUCTION ................................................................................................................................ 3 2. D1 COIN D1 Coins give the owner equal rights to select diamonds and redeem for diamonds as priced by the D1 Matrix. Coin redemption may be done at any time. Upon a D1 Coin redemption, the D1 Coin owner selects diamonds with a price valued in D1 coins and the diamonds are moved out of the vault and delivered to the D1 Coin owner, while the corresponding D1 Coins are removed from the ecosystem “burnt”. Beyond the central concept of the D1 Coin as a store of value and a medium for transactions, a suite of applications will be created for the D1 ecosystem. WHITE PAPER | D1 6 | P a g e This document does not constitute or part of any offer, invitation, or solicitation of any investment and does not pertain in any way to an offering, invitation, or purchase of securities in any jurisdiction. This document has not been or will be ted to, registered with, reviewed or verified by any regulatory authority in any jurisdiction Technology Blockchain technology was chosen as the plat to digitize physical diamonds, because transactions through cryptocurrency are fast and divisible, presenting a solution to diamonds being an illiquid asset. Through D1 Coins owners can effectively purchase fractional parts of a diamond. Furthermore, blockchain technology will grant D1 Coin users’ greater privacy, security and offer lower transaction fees. D1 Coin is built on Ethereum blockchain ERC-20 standard, which allows for the creation of customized digital assets and currencies. WHITE PAPER | D1 7 | P a g e This document does not constitute or part of any offer, invitation, or solicitation of any investment and does not pertain in any way to an offering, invitation, or purchase of securities in any jurisdiction. This document has not been or will be ted to, registered with, reviewed or verified by any regulatory authority in any jurisdiction 3. D1 DIAMONDS Diamond Description Every diamond supplied by D1 Diamond Supplier will be checked by professionals for compliance with its characteristics as listed in the accompanying GIA certification. Generally, the range for the carats of diamonds sourced is 0.3 to 6.0. In addition, D1 Agent shall, in due time, establish a Unique Diamonds Acquisition UDA group, which will combine mathematical analytics and market intelligence to determine the appropriate acquisition price of unique diamonds. These diamonds will be quantified in D1 Coins on a cost-plus basis. Diamond Sourcing Diamonds will be sourced by D1 Agent from D1 Diamond Suppliers, who are subject to stringent requirements. A D1 Diamond Supplier must be an established party in the diamond industry with relevant credentials, and maintain this standing throughout its tenure as a D1 Diamond Supplier. All diamonds sourced, regardless of characteristics or supplier, must have accompanying GIA certification. There will be a clear protocol for the verification of every diamond, including laser marking, in order to eliminate the possibilit