NFT

Tiamonds: Revolutionizing Diamond Ownership with Blockchain-Powered NFTs

Tiamonds: Revolutionizing Diamond Ownership with Blockchain-Powered NFTs
Tiamonds is an innovative platform that bridges the traditional diamond industry with blockchain technology, enabling the tokenization of real-world diamonds into non-fungible tokens (NFTs). Each Tiamond NFT represents 1:1 ownership of a physical, certified diamond securely stored in a vault in Liechtenstein, near the Swiss Alps. These diamonds are insured by Lloyd's of London, ensuring their safety and authenticity.

Key Features of Tiamonds:

  • Tokenization of Diamonds: Tiamonds transforms physical diamonds into NFTs, allowing for fractional ownership and easier transferability.
  • Secure Storage: The diamonds are stored in a highly secure environment in Liechtenstein, ensuring their safety and integrity.
  • Insurance Coverage: Each diamond is insured by Lloyd's of London, providing additional security to investors.
  • TIA Token: Tiamonds introduces the TIA token, a community-driven DeFi token based on the ERC-20 infrastructure. The TIA token is designed to be deflationary, with mechanisms to reduce supply over time, potentially increasing its value. The tokenomics include:some text
    • Reflection: A 5% fee on every buy, transfer, or sell is redistributed to all existing holders.
    • Rebalancing: A 2.5% fee on every transaction is automatically converted into LCX tokens at Uniswap, with the acquired LCX tokens added to LCX's long-term reserve.
    • Burn: A 2.5% fee of the TIA tokens is burned automatically, reducing the total supply.

  • "Own to Earn" Model: Tiamond NFT owners receive TIA tokens over a period of 1 million minutes (approximately two years), with each Tiamond earning 1 TIA token per minute. The first generation of Tiamonds will distribute 100 million TIA tokens among participants in this model.

Purchasing Tiamonds:

To acquire Tiamonds, follow these steps:

  1. Log in to tiamonds.com or make an account on LCX.
  2. Navigate to the marketplace and select the Tiamond you wish to purchase.
  3. Choose from the available payment options, including various cryptocurrencies.
  4. Complete the transaction to receive your Tiamond NFT.

For more detailed information, refer to the official Tiamonds website or the LCX platform.

For a comprehensive overview of Tiamonds and its potential in the tokenization industry, you might find the following video insightful:

The Great Moonshot Logo.