Fair Diamond Mining ICO
Past ICONov 01, 2018 – Mar 20, 2019
Fair Diamond Mining is a decentralized platform for real diamond mining in West-Africa based on the blockchain.
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Fair Diamond Mining is an Ethereum-based platform that intends to invest funds into a diamond mine in Liberia. Fair Diamond Mining is supposed to eliminate unnecessary fees and allow investors to sell diamonds with lower overheads. The team is running an ICO campaign to purchase new equipment for the mine so that investors could get higher returns. Each FDM token offered during the ICO will earn the budgeted $ 210 for each carat mined. The team state the average mining capacity will be 45 carats a day, which is supposed to result in annual revenue of $ 2.8 million. FDM tokens can be used to obtain diamonds in 6 months after the crowdsale completion. The expected ROI is 270%.
ICO DetailsICO token supply: 24,480
Hard cap: 16,800,000 USD(fiat)
Token infoTicker: FDM
Token price in USD: 1 FDM = 188.683 USD
Accepted currencies: ETH BTC LTC USD EUR GBP AUD NZD CAD
Private sale: 15% bonus
Round 1: November 1st 2018 and ends December 16th 2018 (10% bonus)
Round 2: January 17th 2019 and ends February 18 th (5% bonus)
Round 3: February 19th 2019 and ends March 20th 2019 (0% bonus)
51% - Initial Coin Offer
29% - FDM Platform
15% - Team Member
2.5% - Advisor
2.5% -Bounty Program
50% - Network Acquisition
40% - Core Services
10% - General Admin
Fair Diamond Mining Roadmap
Private sale 15% bonus until October 29th 2018
Crowdsale up to 10% bonus.
Investing in machinery and start digging in the mine.
Developing the core
Adding more services for investors such as e-commerce platform for selling diamond .
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