By Ethernetexplorer.Crypto

Ever heard of the famous saying “Diamonds are forever”? Or who can forget the hollowed voice from Disney’s Aladdin demanding that only a ‘Diamond in the Rough’ could be granted entry into the Cave of Wonders? Aah! The fantastic realm of fantasy brings to life a great many things, but in the land of the real, we can only measure the worth of a tangible asset. But what happens when the new-age internet viz. WEB3 empowers digital ownership disrupting the norms of transactions in all spheres of life? What becomes of high-value physical assets such as diamonds? Well, there is a more viable solution now that has made ‘cutting diamonds’ a whole lot smarter thanks Tiamonds by LCX. Before delving into the glittery world of Tiamonds it is vital to define NFTs for the uninitiated.

An NFT (non-fungible token) is a cryptographic token connected to a digital asset that proves real-world ownership on the blockchain. Thus, an NFT can be tokenized to evidence ownership of a said physical asset, on a blockchain that never lies. Most people who gravitate towards NFTs tend to focus primarily on works of art but as the tech reaches more innovative minds, we are witnessing the tokenization of stocks, real estate, music, and now, precious commodities.

Interestingly, much like NFTs, diamonds are non-fungible as they are always unique. There are numerous grading systems to evaluate each unique diamond allowing them to be measured on specific metrics, e.g. cut-quality, color, clarity, and carat. Nevertheless, each diamond can never be fully identical as there are attributes which cannot be standardized, making them distinctly unique. But how does one tokenize an asset of this nature to hold value with its digital twin?

Tiamonds by LCX, (Liechtenstein Cryptoassets Exchange), is the realization of an initiative to tokenize diamonds as Tiamonds NFTs. The difference is that instead of owning a genuine physical gemstone that one has to carry on their person, investors can own its digital twin represented on the blockchain which can be traded at anytime. Each Tiamonds NFT exists on the Ethereum blockchain and is backed by a real-world certified diamond. Holders are presented with a certificate of ownership delineating the specifics and uniqueness of their diamond with the option to swap their NFT for the real-world diamond should they choose to do so. And whilst all that glitters isn’t gold, Tiamonds are here to build community via blockchain technology and tokenization. These objectives aim to be achieved via;

• Showcasing the opportunities of tokenized assets.

• Gamify features of tokenization to educate and inform.

• Community first token economy, sustainable and fair-launch.

Holders are rewarded with deflationary TIA tokens and as a corollary, earn passive income for holding their Tiamonds NFT via the “Own to Earn” model. This is a brilliant initiative that the majority of NFT projects are incessantly failing to recognize. Owning NFTs shouldn’t be merely about ‘flipping’ for low-profit margins in quantity sales, but about holding the token and being rewarded for breeding scarcity. Remember the saying, ‘As scarce as a diamond?’ If scarcity breeds value, then, in addition to NFT domains, Tiamonds stands to become one of the most valuable assets within the NFT space, not because of ‘hyped sales’, but because its holders may not want to part with a project that understands their needs, issuing holders with various rewards. This, I believe, is what will cause the value of Tiamonds to skyrocket in the future. Thus far, 50 Tiamonds were introduced at launch were sold out within hours, evidencing the belief that people have in the product albeit in its early stages.

The TIA Token is a community driven fair launched DeFi Token. TIA is an ERC20 token based on the Ethereum Blockchain with a maximum supply of 1,010,000,000 TIA and a total supply of 210,000,000 TIA. Thus, the Tiamonds project showcases a two-fold benefit for holders. Now, anyone who has seen the rise in the interest of NFTs of late will agree that whilst there are some amazing projects out there, the majority are taking more from the community than they are giving. Projects are showing up like mushrooms after a thunderstorm, and leaving with a rather thunder-packed wallet of eth from consumers. How many of the NFT projects out there are actually premised upon those very web3 ideals that we were drawn to in the first place? The right to vote within the project parameters in the form of governance, or to earn crypto as a ‘token’ of appreciation for being part of that particular web3 community seems to have been lost in the dream of eth-acquisition from web3 marketplaces.  This is where Tiamonds is a gem of a project, because for every Tiamonds NFT sold, percentages are redistributed to the community, ergo, giving holders a bounteous reward for keeping faith in the project.

In every on-chain transaction a fee of 10% total is automatically taken and divided into a three-dimensional split:

• 1. Reflection: 5% fee of every buy/transfer/sell is redistributed to all existing holders.

• 2. Rebalancing: 2.5% fee of every transaction is automatically transferred into LCX token at Uniswap. The LCX Token acquired will be added to LCX’s long-term reserve.

• 3. Burn: 2.5% of the TIA Tokens are burned automatically.

LCX has proven that it understands NFTs by creating awareness of tokenized assets via rewards to holders who can earn 1 Tia token for each minute of holding their unique Tiamonds NFT. Holders can earn up to 1 million TIA tokens for a duration of 2 years. This is an astonishing reward for holders as TIA tokens can be staked on LCX’s platform and can be traded on the LCX exchange. In addition to the ‘flex’ of exhibiting a digitized diamond in your NFT gallery, these rewards in the form of ‘own to earn’ are by far, one of the most attractive avenues of an NFT project at the moment.  Who wouldn’t want to earn a passive income solely for being a holder of a particular NFT project? Hence, I see as being the benchmark in its category for the coming years.

In fact, as a whale investor in Unstoppable Domains, browsing the Tiamonds NFT project sparked an internal awakening to the world of asset digitization resulting in an immediate minting of ‘digitizeddiamonds.nft’. Such is the power of this astounding project that will become the standard in the digitization of real-world assets in the future, that others may want to follow suit.

Investing in diamonds is no simple process as the protocol, legislation and middle-men required to bypass, present a gargantuan task for even the erudite buyer, but all of that ends now with Tiamonds NFT. If you can afford one, you can hold a Tiamond in your portfolio with a click of a button, and in so doing, secure your future with this gem of a project. After all, it never hurts to earn a passive income whilst pursuing your career goals awaiting global adoption. Invest now in Tiamonds NFT and reap the rewards immediately…

By Ethernetexplorer.Crypto

Ever heard of the famous saying “Diamonds are forever”? Or who can forget the hollowed voice from Disney’s Aladdin demanding that only a ‘Diamond in the Rough’ could be granted entry into the Cave of Wonders? Aah! The fantastic realm of fantasy brings to life a great many things, but in the land of the real, we can only measure the worth of a tangible asset. But what happens when the new-age internet viz. WEB3 empowers digital ownership disrupting the norms of transactions in all spheres of life? What becomes of high-value physical assets such as diamonds? Well, there is a more viable solution now that has made ‘cutting diamonds’ a whole lot smarter thanks Tiamonds by LCX. Before delving into the glittery world of Tiamonds it is vital to define NFTs for the uninitiated.

An NFT (non-fungible token) is a cryptographic token connected to a digital asset that proves real-world ownership on the blockchain. Thus, an NFT can be tokenized to evidence ownership of a said physical asset, on a blockchain that never lies. Most people who gravitate towards NFTs tend to focus primarily on works of art but as the tech reaches more innovative minds, we are witnessing the tokenization of stocks, real estate, music, and now, precious commodities.

Interestingly, much like NFTs, diamonds are non-fungible as they are always unique. There are numerous grading systems to evaluate each unique diamond allowing them to be measured on specific metrics, e.g. cut-quality, color, clarity, and carat. Nevertheless, each diamond can never be fully identical as there are attributes which cannot be standardized, making them distinctly unique. But how does one tokenize an asset of this nature to hold value with its digital twin?

Tiamonds by LCX, (Liechtenstein Cryptoassets Exchange), is the realization of an initiative to tokenize diamonds as Tiamonds NFTs. The difference is that instead of owning a genuine physical gemstone that one has to carry on their person, investors can own its digital twin represented on the blockchain which can be traded at anytime. Each Tiamonds NFT exists on the Ethereum blockchain and is backed by a real-world certified diamond. Holders are presented with a certificate of ownership delineating the specifics and uniqueness of their diamond with the option to swap their NFT for the real-world diamond should they choose to do so. And whilst all that glitters isn’t gold, Tiamonds are here to build community via blockchain technology and tokenization. These objectives aim to be achieved via;

• Showcasing the opportunities of tokenized assets.

• Gamify features of tokenization to educate and inform.

• Community first token economy, sustainable and fair-launch.

Holders are rewarded with deflationary TIA tokens and as a corollary, earn passive income for holding their Tiamonds NFT via the “Own to Earn” model. This is a brilliant initiative that the majority of NFT projects are incessantly failing to recognize. Owning NFTs shouldn’t be merely about ‘flipping’ for low-profit margins in quantity sales, but about holding the token and being rewarded for breeding scarcity. Remember the saying, ‘As scarce as a diamond?’ If scarcity breeds value, then, in addition to NFT domains, Tiamonds stands to become one of the most valuable assets within the NFT space, not because of ‘hyped sales’, but because its holders may not want to part with a project that understands their needs, issuing holders with various rewards. This, I believe, is what will cause the value of Tiamonds to skyrocket in the future. Thus far, 50 Tiamonds were introduced at launch were sold out within hours, evidencing the belief that people have in the product albeit in its early stages.

The TIA Token is a community driven fair launched DeFi Token. TIA is an ERC20 token based on the Ethereum Blockchain with a maximum supply of 1,010,000,000 TIA and a total supply of 210,000,000 TIA. Thus, the Tiamonds project showcases a two-fold benefit for holders. Now, anyone who has seen the rise in the interest of NFTs of late will agree that whilst there are some amazing projects out there, the majority are taking more from the community than they are giving. Projects are showing up like mushrooms after a thunderstorm, and leaving with a rather thunder-packed wallet of eth from consumers. How many of the NFT projects out there are actually premised upon those very web3 ideals that we were drawn to in the first place? The right to vote within the project parameters in the form of governance, or to earn crypto as a ‘token’ of appreciation for being part of that particular web3 community seems to have been lost in the dream of eth-acquisition from web3 marketplaces.  This is where Tiamonds is a gem of a project, because for every Tiamonds NFT sold, percentages are redistributed to the community, ergo, giving holders a bounteous reward for keeping faith in the project.

In every on-chain transaction a fee of 10% total is automatically taken and divided into a three-dimensional split:

• 1. Reflection: 5% fee of every buy/transfer/sell is redistributed to all existing holders.

• 2. Rebalancing: 2.5% fee of every transaction is automatically transferred into LCX token at Uniswap. The LCX Token acquired will be added to LCX’s long-term reserve.

• 3. Burn: 2.5% of the TIA Tokens are burned automatically.

LCX has proven that it understands NFTs by creating awareness of tokenized assets via rewards to holders who can earn 1 Tia token for each minute of holding their unique Tiamonds NFT. Holders can earn up to 1 million TIA tokens for a duration of 2 years. This is an astonishing reward for holders as TIA tokens can be staked on LCX’s platform and can be traded on the LCX exchange. In addition to the ‘flex’ of exhibiting a digitized diamond in your NFT gallery, these rewards in the form of ‘own to earn’ are by far, one of the most attractive avenues of an NFT project at the moment.  Who wouldn’t want to earn a passive income solely for being a holder of a particular NFT project? Hence, I see as being the benchmark in its category for the coming years.

In fact, as a whale investor in Unstoppable Domains, browsing the Tiamonds NFT project sparked an internal awakening to the world of asset digitization resulting in an immediate minting of ‘digitizeddiamonds.nft’. Such is the power of this astounding project that will become the standard in the digitization of real-world assets in the future, that others may want to follow suit.

Investing in diamonds is no simple process as the protocol, legislation and middle-men required to bypass, present a gargantuan task for even the erudite buyer, but all of that ends now with Tiamonds NFT. If you can afford one, you can hold a Tiamond in your portfolio with a click of a button, and in so doing, secure your future with this gem of a project. After all, it never hurts to earn a passive income whilst pursuing your career goals awaiting global adoption. Invest now in Tiamonds NFT and reap the rewards immediately…