💎💎💎Now Everyone Can Have Diamond💎💎💎

faza13 (25)in #diamond • 7 years ago

THE ISSUES

The diamond luster is so tempting, the luxury, the value of the investment, is very tempting. But not everyone can have it. Purchasing diamonds is not easy, maybe for experienced people and experts, this is not a difficult thing, However, for the layman, too many risks to face, including fraud. Instead of genuine diamonds, even we get a fake diamond, and if you want to be guaranteed, then we must choose a certified diamond with a very expensive price, due to additional costs, among others

💰the cost of certificate of authenticity
💰fee or third-party margin that sometimes there are some people
💰shipping costs are really not cheap

There are about $ 90 billion of diamond industry transactions that are detected inefficiency and deprivation with excessive reliance on many brokers and commission agents, who do nothing but raise the price of diamonds.

THE SOLUTION

Introducing GLITZKOIN, a global startup that uses blockchain technology, smart contracts and tracking machines to help reduce risk and fraud from banks, insurance companies and open markets in the gem and precious stone industry. GLITZKOIN provides a full ecosystem for the diamond industry in the form :

💎supply
💎chain solution, to track
💎diamond certification
💎decentralized exchange for diamond trade and related services

GLITZKOIN blockchain Technology can enable trust by By directly connecting buyers and sellers and cutting brokers, intermediaries. It aims to significantly reduce the increased diamond prices.

By ensuring that any diamonds and gems on the platform are verified, GLITZKOIN can greatly reduce the number of fraudulent transactions and bring transparency to the market. GLITZKOIN presents to change the diamond industry by reducing barriers, improving coordination, and instilling trust in cross-border transactions for the diamond industry. The GLITZKOIN project will integrate it into one platform and does not charge any commissions or brokers for such third party services.

Using Glitzkoin, there will be an increase in the reach of the diamond industry. All people can get quality diamonds easily, cheaply, and clearly safe. In addition, of course, this will increase the potential in the diamond industry.

MARKET POTENTIAL

Increased transparency and trust as well as acceptance of cryptocurrency, will allow diamond dealers at all levels to increase their market share. The absence of intermediaries and decreased transportation costs and other related costs will enable very competitive prices.

in addition, GLITZKOIN also provides a decentralized market which has several advantages, including:

Allow anyone to buy and sell diamonds
Facilitate additional services such as delivery and insurance for diamonds which are met by a third party provider that directly Drastically cuts the time required for the settlement of trade transactions

ANOTHER GLITZKOIN ADVANTAGE

GLITZKOIN is a highly professional project, the team comprises professionals from both very complete fields, among them Experts from the diamond industry, ie stakeholders in the diamond industry, starting with mining companies and including polishes, certification authorities, retailers, and consumer. By bringing all these stakeholders to the same platform, we facilitate ease and efficiency in meeting transactions and technical experts associated with blockchain and cryptocurrency.

GLITZKOIN is a highly professional project, its team consists of blockchain technology and the diamond industry, ie stakeholders in the diamond industry, starting with mining companies and including polishes, certification authorities, retailers, and consumers. By bringing all these stakeholders to the one platform, GLITZKOIN facilitates ease and efficiency in meeting transactions and technical experts associated with blockchain and cryptocurrency.

Blockchain technology does not fully meet industry needs because Transaction data is entirely public and Network security is often uncertain. GLITZKOIN has some supporting features that give more value to the platform. GLITZKOIN uses zk-snarks to keep transaction data entirely private, meaning transaction data and trade secrets remain encrypted and obfuscated from competitors. The GLITZKOIN supply chain is entirely secure and based on the Byzantine combined agreement system for running network governance protocols and eliminating offenders.

GLITZKOIN does not tokenize diamonds, but GLITZKOIN is a utility token used for decentralized blockchain ecosystems for the diamond industry. The goal is to make transactions more quickly and trust. It fosters strong and active trust in buyers and sellers.

STELLAR PLATFORM FOR GLITZKOIN TOKEN

The GLITZKOIN Token is in a stellar platform. The main reason for choosing Stellar is the very fast transaction speed. It can handle large numbers of transactions and data quickly, with almost no cost. One of our main concerns with ETH is that the ethereal network is blocked and often suffers from transaction delays due to the large number of ICOs last year. The network is barely usable at some point. GLITZKOIN cannot tolerate any kind of slowness, and problems will continue to grow as the GLITZKOIN platform continues to grow in the future.

TOKEN OVERVIEW

💎Total supply: 999 Million Tokens
💎Sale ends on June 25th
💎KYC and Whitelist Required
💎Payment in BTC, ETH, and XLM
💎Min. Purchase of $100 worth of token

Token Economics

TIER	TOKEN(milion)	PRICE	USD
1	35	$0.12	$4,200,000
2	40	$0.14	$5,600,000
3	50	$0.16	$8,000,000
4	120	$0.20	$24,000,000
TOTAL	245		$41,800,000

Token Distribution Table

Number of Tokens (Millions)	Purpose
245	ICO
354	Market Making + Excess Demand
200	Community
200	Management

Token Bonuses

Tier	Bonus	Purchase Amount(in USD)
1	0%	10,000 - 50,000
2	5%	50,000 - 200,000
3	8%	200,000 - 500,000
4	10%	500,000 & above

THE TEAM

This project is headed by Mr. Navneet Goenka, who is a diamond industry veteran and has a thorough understanding of the market and its processes.
In addition to being a 20-year veteran in the diamond industry, Navneet has a passion for technology and innovation. No one knows industrial operations are $ 90 billion better than him. He is aware of the inefficient process that has followed in the diamond trade for decades and believes that revolutionary change can directly increase the scope of the market for diamonds. The distributed ledger concept of blockchain technology, combined with the application of Crypto Currency is what the diamond industry needs. As CEO, Navneet Goenka is the main driving force behind the GLITZKOIN project. In addition, the team consists of professionals and experts in their fields.