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Fair Diamond Mining

ICO

Fair Diamond Mining is a decentralized platform for real diamond mining in West-Africa based on the blockchain.

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Overview

Project industryMining
Product typeAsset

What is Fair Diamond Mining

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%.

Details

Public sales: Nov 01, 2018 - Mar 20, 2019
Token supply: 24,480
Hard cap: 16,800,000 USD(fiat)

Token info

Ticker: FDM
Type: Utility-token
Token price in USD: 1 FDM = 188.683 USD
Accepted currencies: ETH BTC LTC USD EUR GBP AUD NZD CAD
Bonus program:
Private sale: 15% bonus
Main Sale:
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)
Token distribution:
51% - Initial Coin Offer
29% - FDM Platform
15% - Team Member
2.5% - Advisor
2.5% -Bounty Program
Funds allocation:
50% - Network Acquisition
40% - Core Services
10% - General Admin

Fair Diamond Mining Roadmap

1
Q3 2018

Private sale 15% bonus until October 29th 2018

2
Q4 2018

Crowdsale up to 10% bonus.

3
Q1 2019

Investing in machinery and start digging in the mine.

4
Q2 2019

Developing the core

5
Q3 2019

Adding more services for investors such as e-commerce platform for selling diamond .

Project team

John Smit
John Smit
CEO & Founder
Marc Oliver Gompert
Marc Oliver Gompert
Founder
Richard Lamme
Richard Lamme
Patience S. Barway
Patience S. Barway
Deward S. Barway
Deward S. Barway
Emmanuel S. Barway
Emmanuel S. Barway
Frank Wijnen
Frank Wijnen
Co-founder
Sam Wijnen
Sam Wijnen
Co-founder

Social media

Fair Diamond Mining web-siteFair Diamond Mining RedditFair Diamond Mining MediumFair Diamond Mining Facebook

User rating:

5/5 ( 1 )
0

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