[ICO] (CD) CEDEX 1st Ever certified blockchain diamond exchange
CEDEX is the First Certified Blockchain Based Diamond Exchange
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Visit the website and click the telegr*m link and join too~
CEDEX.com is a global exchange that focuses on bridging the gap between the traditional diamond industry and the innovative financial markets. With its extensive industry knowledge, CEDEX wants to engineer a ground-breaking change – enabling people to liquidate and invest in diamonds like any other financial asset, in a transparent and secure way.
The CEDEX exchange enables anyone to invest in individual diamonds, shares of a high- value stone or shares in a basket of diamonds (ETF). Investors, buyers and sellers have full confidense because the diamond value is transparent, using the DEX, our machine learning algorithm and blockchain technology that rates a diamond’s asking price; liquid because it creates a two- sided market by enhancing both the supply and demand, and fungible because CEDEX creates a unique benchmark value, rate and contract for every stone.
The Technology DEX – The Intelligence Behind CEDEX
DEX, our proprietary machine-learning algorithm has been created to bring transparency and coherency to the diamond financial market. The DEX comprises three main elements: gemological composition of individual diamonds listed on CEDEX, diamond market financial indices and global inventory analysis. Diamonds are onboarded to CEDEX and classified by categories. The DEX has been designed to incorporate artificial neural network technology using all available diamond data.
Try DEX for yourself!
See how easy, open and transparent it is to invest or trade in diamonds through CEDEX. Our DEX Beta version will give you a theoretical price for your diamond and rate it by its relative market value on the spot! (for round carat stones 0.3, 0.5 and 1.0 carats. Once the DEX is fully developed it will be able to provide all type/size diamonds)
CEDEX Coin – Powering CEDEX Exchange
The CEDEX Coin is an ERC-20-compatible token traded over the public Ethereum blockchain. It will enable our participants to purchase diamonds on the CEDEX, transforming their assets into diamonds. Use of the CEDEX Coin will be driven by trading volumes generated on the CEDEX.com exchange and the demand of the diamond ecosystem. The CEDEX Coin will be listed on all major exchanges and will be transferable to other cryptocurrencies and fiat currencies.
The CEDEX Coin will be the only means of payment used on the CEDEX exchange. The CEDEX Coin amount is limited and coins offered on the sale that will not be bought will be burned.
The Team
Saar Levi | Ronen Priewer | Boaz Hillel | Yael Eckstein | Gadi Hayat | Evgeni Kif | Avner Lewnstein | Aviv Balassiano | Itay Regev | Kateryna Gordieieva | Calvin Hau | Aleksandr Rebenok
Advisory Board
Alex Norta | Asaf Lahav | Christopher Bell | Eyal Rosenblum
CEDEX COIN TOKEN OFFERING
The CEDEX Coin offering is organized and executed by the Token Sale Company. The Token sale event will last up to 40 days, starting on January 12th, 2018 (19:00 GMT) and ending either on February 26th, 2018 (at 19:00 GMT) or when the maximum cap is reached.
- The maximum number of Tokens the Token Sale Company will issue is set at 100,000,000.
- In the public sale offering, up to 50,000,000 Tokens will be offered for sale.
- All of the Token supply will be created during the Token Sale and distributed once it is completed. Any Tokens offered for sale to the public and not sold will be destroyed.
- The CEDEX Coins will be sold at a rate of 1ETH = 500 CEDEX Coins. ___
Users will be able to purchase CEDEX Coin in Ether, Bitcoin and fiat currencies according to the available rates in the market. A portion of the supply will be pre-allocated to the CEDEX founders and team members in the vesting schedule listed below. The company will hold 20%-25% of the CEDEX Coin supply for future development and marketing expansion. This holding will also be used for purchasing additional diamonds in order to expand the financial offering of the CEDEX project.
Participants in the pre-sale and sale will receive special bonus as indicated below: - Pre-sale up to 10% of total CEDEX Coin – 0.3 CEDEX Coin for each CEDEX Coin purchased. - First day of sale up to 40% 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.
USE OF FUNDS The net proceeds collected in the token sale will be used as follows: - Up to 20% for finalizing the development of the DEX, Diamond-Token smart contracts and the exchange as described in the milestone section in Appendix C below. - Up to 45% for marketing, business development and sales purposes. Most of the funds will be used for marketing the exchange in different jurisdictions. This will include online and offline marketing activities, signing partnership relations with various business partners and signing agreements with potential partners from the diamond industry. - Up to 20% for regulation, licenses, legal and operational purposes. - Up to 15% for working capital.
The expected breakdown may be altered based on the Token Sale outcome and project progresses.
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