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Colored Diamond Cryptocurrency Launches
The first diamond backed cryptocurrency in the world, the PinkCoin, is due to begin a crowdsale on January 18th, says Precious Investments Inc. and its subsidiary , BitGem Asset Management (BAM). The initial crowdsale will comprise of 5,000,000 PinkCoin tokens, with the initial diamond asset pool having been valued at US$5,000,000.
PinkCoin is cryptocurrency backed by a pool of fixed colored diamond assets kept in trust by BAM. All escrowed diamonds have been independently appraised and certified. The diamonds are insured by Lloyds of London.
Read more on the colored diamond cryptocurrency here or pay on our website with bitcoins.
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