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Carats.io

ICO

Carats.io is a diamond marketplace

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Overview

Project industryCommerce & Retail
Product typeEcosystem
WhitepaperCarats.io White Paper Open

What is Carats.io

Carats.io is creating the first financial market for diamonds. Using their state-of-the-art algorithm, Carats.io have developed a means to standardize prices for these non-homogeneous gemstones, creating the foundation for a diamond-backed digital currency.

Carats.io applies a sophisticated algorithm that compares individual diamond grade to daily market conditions, thereby achieving the often-elusive goal of objective and consistent pricing. Carats. io’s partnerships with international diamond dealers are used to amass safe, audited reserves of diamonds. These are used to issue digital credit quickly and effectively, audited resreves are quickly and effectively issued thier due in digital credit. The digitization achieves highly reliable accountability, stability, and fungibility, allowing the polished diamond industry to establish a consumer crypto currency, the CARAT Token, backed by our private, digitized reserves of diamonds.

By commoditizing the diamond market, Carats.io allows end users to redeem their tokens in the real-world diamond market without relying upon the hard-to-find expertise. Rather, they can trade with a more familiar less volatile, and entirely asset backed CARAT Token. The global ledger of the blockchain further detaches dealers and institutions from banks, affording previously impossible forms of value exchange.

CARAT is an ERC-20 standard-based Ethereum token.

Details

Token supply: 2,000,000 CARAT
Soft cap: 2,000,000 USD
Hard cap: 30,000,000 USD

Legal

Blockchain Platform: Ethereum
Country limitations: USA, China
Registration country: United Kingdom

Token info

Ticker: CARAT
Type: Utility-token
Token standard: ERC20
Token price in USD: 1 CARAT = 1 USD
Accepted currencies: ETH, Fiat

Carats.io Roadmap

1
Q4 2016

The idea was born.

2
Q2 2017

Released Diamond Pricing Algorithm (DPA) Beta.

3
Q3 2017

Announced Israel Diamond Exchange (ISDE) partnership.

4
Q4 2017

officially deployed DPA.

5
Q1 2018

Officially launched Diamond Financial Index (DFX).

6
Q3 2018

Hold first Token Generation Event.

7
Q4 2018

Establish “Diamond Standard” monetary system.

8
Q2 2019

Establish CARAT Token based financing ecosystem

Project team

Eli Avidar
Eli Avidar
President
Eli Avidar linkedin
Avishai Shoushan
Avishai Shoushan
CEO
Avishai Shoushan linkedin
Gabriel Diamant
Gabriel Diamant
Chief Product Officer
Gabriel Diamant linkedin
Dor Eligula
Dor Eligula
Marketing & Business Development
Dor Eligula linkedin
Or Eligula
Or Eligula
Operations
Or Eligula linkedin
Mor Hazan
Mor Hazan
Product Manager
Mor Hazan linkedin
Daniel Alush
Daniel Alush
VP Business Development
Daniel Alush linkedin
Moshe Torban
Moshe Torban
Software Architect
Itamar Demri
Itamar Demri
Blockchain Wizard
Itamar Demri linkedin
Nathaniel Bodinger
Nathaniel Bodinger
Lead UX/UI Designer
Molly Cornfield
Molly Cornfield
Content Writer
Molly Cornfield linkedin
Yuta Sato
Yuta Sato
Strategic Communications
Yuta Sato linkedin
Dror Markus
Dror Markus
Content Writer
Dror Markus linkedin

Advisors

Lior Kwintner
Lior Kwintner
Legal Advisor
Lior Kwintner linkedin
Jose Clastornik
Jose Clastornik
Technological Advisor
Jose Clastornik linkedin
Daniel Leon
Daniel Leon
Founder & COO of Celsius Network
Daniel Leon linkedin
Nir Dor
Nir Dor
Partner at NET Capital Ventures
Nir Dor linkedin
Alex Mashinsky
Alex Mashinsky
Advisor
Alex Mashinsky linkedin

Social media

Carats.io web-siteCarats.io RedditCarats.io MediumCarats.ioYouTubeCarats.io InstagramCarats.io BTCTalkCarats.io LinkedInCarats.io TwitterCarats.io FacebookCarats.io Github

MVP

MVP URL

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