TOTAL SUPPLY ——————— 100 Million
TOKEN SALE ———————— 50 Million
TOKEN PRICE ———————– 500 CEDEX / 1 ETH
TOKEN TYPE ———————— ERC20
PRE-SALE START DATE ———– MARCH 16, 2018 @ 19:00 GMT
Cedex is a global diamond exchange that aims to bridge the gap between the traditional diamond industry and new 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 assets, in a transparent and secure way. This enables anyone to invest in individual diamonds, shares of a high value stone or shares in a basket of diamonds (EFT) so traders can have full confidence in buying, selling, even without prior knowledge of diamond trading.
HOW DOES CEDEX WORKS?
Utilizing CEDEX, anybody can put resources into singular jewels, purchase offers of a high-esteem stone, or buy partakes in a wicker container of precious stones (like an ETF for jewels). Speculators, purchasers, and dealers can have full trust in the stage since it is all straightforward and based on the blockchain. The stage utilizes machine learning calculations to give precise evaluations to a precious stone’s asking value (like whether it’s a reasonable value, a sham, or an underestimated resource).
The Cedex precious stone rating framework is called DEX. It is depicted as a restrictive machine learning calculation intended to convey, add up to straightforwardness and coherency to the precious stone budgetary market. After precious stones are on-boarded onto Cedex, they’re isolated into classifications. Financial specialists will have the capacity to effortlessly see these classes to check the best precious stone ventures.
The final product of these advances is that anybody – even somebody with no information of precious stones or how they’re appraised – can put resources into jewels. Normal speculators can buy ETF-style venture vehicles worked around jewels, for instance. Financial specialists can buy partakes in high-esteem precious stones. They can check the evaluations and expected an incentive for various precious stones recorded on the Cedex stage, at that point appreciate benefits as qualities ascend after some time.
Cedex’s DEX rating framework would already be able to rate your jewel. You can visit Cedex.com, at that point enter your jewel GIA endorsement number into the stage. You enter your jewel carat estimate, at that point get a prompt valuation on the estimation of your precious stone. at the present time, DEX just backings precious stone carat sizes of 0.3, 0.5, and 1.0 carats. Once the stage is finished, in any case, it will have the capacity to give various kinds and sizes of precious stones.
HOW DOES CEDEX COIN WORK?
The Cedex stage rotates around the utilization of the CEDEX coin, which is an ERC20-agreeable token based on Ethereum. Its permits takes an interest to buy precious stones on Cedex, among other in-stage assignments. The estimation of the CEDEX coin depends on exchanging volume on the Cedex stage. As exchanging volume rises, the request – and esteem – for the token is required to rise. You won’t have the capacity to utilize some other installment technique on Cedex. The CEDEX coin will be the main methods for installment utilized on the trade.
WHO’S BEHIND CEDEX?
Key individuals from Cedex incorporate CEO and prime supporter Saar Levi and organizer Ronen Priewer. Saar has been a business visionary since 1993 and has 15+ years of involvement in worldwide money related markets, including senior parts at Lehman Brothers, Barclays, and different organizations. Priewer, then, is a business person with 20+ years of involvement in the jewel business. He’s a looked for after precious stone advisor who has beforehand made jewel brands LeLumiere and Masaor.com.
The Cedex group met up in Q1 2017. They’re situated in Tel Aviv, Israel. Cedex would like to dispatch its stage by Q3 2018. An organization called TechFinancials claims 90% of the wander, and is giving $400,000 of starting subsidizing to the organization.
ADVANTAGES OF CEDEX
Cedex trusts that financial specialists can appreciate various effective advantages by putting resources into precious stones through the Cedex stage. Cedex likewise specifies the way that individuals have been exchanging jewels for more than 1,000 years, and that there’s $90 billion of yearly turnover in the precious stone market. It’s a settled market that is relied upon to keep developing after some time. In any case, financial specialists battle to get to the market as they do with gold and silver.
Cedex needs to change precious stones into another advantage class based on blockchain innovation. You can utilize Cedex to see evaluations data for precious stones, at that point put resources into jewels straightforwardly. Cedex opens up new speculation openings, similar to the capacity to put resources into jewel based ETF-style venture vehicles, or the capacity to purchase partakes in high-esteem precious stones.