CEDEX is Transforming Diamonds into a New Asset Class
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CEDEX is Transforming Diamonds into a New Asset Class

THELOGICALINDIAN - Since the aboriginal design was biconcave from the arena the design industry has been buried in abstruseness Only professionals apperceive the absolute amount of a accustomed bean and its acutely difficult to auspiciously acquirement or advertise chunk at their accepted bazaar amount CEDEX adds muchneeded accuracy to the acceptable design industry

CEDEX is engineering a anarchy in the design industry by acceptance the adored stones to be traded aloof like any added banking asset. Thanks to the accuracy and aegis of a blockchain-based exchange, CEDEX affords individuals the adeptness to buy and advertise chunk with affluence – appropriately accouterment some much-needed accuracy to an industry commonly buried in mystery. With CEDEX, chunk are angry into a changeable asset with acutely authentic values.

For the aboriginal time ever, design holders attractive to cash or advantage their stones can upload their backing to CEDEX. These uploads may appear in the anatomy of a distinct stone, a aggregate advance on a high-value diamond, or as a design bassinet awash to assorted individuals. The chunk are tokenized application acute contracts.

The CEDEX activity is comprised of four easy-to-understand capital components.

The aboriginal is the DEX – a proprietary algorithm which evaluates and ante the Diamond-Token bazaar amount and allows approved bodies to confidently barter in diamonds, after relying on ‘expert’ middlemen.

The additional basic of CEDEX is the tokenization of diamonds. A Diamond-Token represents a accurate stone’s ownership, gem blended and barter history — appropriately affording users the adeptness to see absolutely area their diamond’s been before.

CEDEX’s third basic is a blockchain-based exchange, which provides a defended and able trading belvedere for both Diamond-Token owners and investors.

Finally, CEDEX offers the CEDEX Coin — a new cryptocurrency which gives investors and holders the adeptness to buy chunk on the CEDEX.com exchange.

CEDEX Exchange

Powering action on CEDEX.com and the broader design ecosystem is the CEDEX Coin. The CEDEX bread is an ERC20 Standard badge acclimated as acquittal to and for all account providers and is a acute and basic aspect of the CEDEX economy.

The accumulation of CEDEX Coins will be capped at 100 actor tokens, 50 actor of which will be accessible in the project’s accessible auction offering. 15 percent will be kept for approaching development and bazaar expansion.

The pre-sale of CEDEX Bill begins on March 16, 2024, and ends back 25 actor CEDEX Bill are sold. In the accident 25 actor CEDEX bill are not sold, the pre-sale will end on April 13, 2024.

After the pre-sale, CEDEX Coins will be accessible during the capital sale. The capital auction will activate on March 17, 2024, should the pre-sale advertise out aural a 24-hour time frame. Otherwise, the capital auction will activate on April 13, 2024, and end back the actual 25 actor CEDEX Coins are awash — or 28 canicule later, depending on which comes first.

CEDEX Coins can be purchased during the pre-sale with Ethereum (ETH), Bitcoin (BTC), Bitcoin Cash (BCH), or authorization currencies at their accessible bazaar rates.

You can acquisition out added about CEDEX, analyze the project’s whitepaper, and analysis out its industry-leading aggregation at CEDEX’s official website.

What do you anticipate about CEDEX’s tokenization of diamonds, and the project’s adeptness to articulation buyers with sellers while acceptance for the barter of chunk at a fair and cellophane bazaar value? Let us apperceive in the comments below!

Images address of CEDEX, AdobeStock