📚Last Guide to TIAMONDS by $LCX You’ll Ever Need
Before I begin, I have to say only one thing: It is estimated that the tokenized market will reach a value of 24 trillion USD by 2027.
✋WAIT! What does "TOKENIZATION" mean?
Before I begin, I have to say only one thing: It is estimated that the tokenized market will reach a value of 24 trillion USD by 2027.
✋WAIT! What does "TOKENIZATION" mean?
Tokenization is the process of converting any rights or assets into a digital token (NFT).
Tokenization can be applied to stocks, bonds, but also to illiquid assets such as real 💎Diamonds… and this is what $LCX did with Tiamonds.
Tokenization can be applied to stocks, bonds, but also to illiquid assets such as real 💎Diamonds… and this is what $LCX did with Tiamonds.
✅WHAT IS TIAMONDS?
It is a project initiated by $LCX in order to highlight the possibilities offered by the tokenized assets.
With this project $LCX wanted to create a real use case and make the 💎Diamonds market more liquid.
It is a project initiated by $LCX in order to highlight the possibilities offered by the tokenized assets.
With this project $LCX wanted to create a real use case and make the 💎Diamonds market more liquid.
The Tiamonds project includes two key elements:
Tokenized 💎Diamonds called #Tiamonds and a token called $TIA (ERC20).
✅Tiamonds are non-fungible tokens (NFTs) representing the ownership of real-world diamonds.
Tokenized 💎Diamonds called #Tiamonds and a token called $TIA (ERC20).
✅Tiamonds are non-fungible tokens (NFTs) representing the ownership of real-world diamonds.
✅$TIA is a deflationary cryptocurrency which has been launched without a token sale and initial coin offering (ICO).
⇥Has been distributed to the owners of Tiamonds with a model "Own to Earn".
⇥Has been distributed to the owners of Tiamonds with a model "Own to Earn".
➡️FROM REAL DIAMOND TO TIAMONDS
Each NFT represents a true Diamond 1-1 stored in a high security vault in Liechtenstein.
💎Owners of Tiamonds can redeem their diamond and physically receive their diamond associated will their NFT.
Each NFT represents a true Diamond 1-1 stored in a high security vault in Liechtenstein.
💎Owners of Tiamonds can redeem their diamond and physically receive their diamond associated will their NFT.
The redemption of a Tiamonds will destroy the NFT associated with the physical diamond.
Each 💎Diamond is visualised with an image that shows the characteristics in the 4 C’s: cut, color, clarity and carat of the NFT.
👌All Diamonds used for Tiamonds are certified by the GIA.
Each 💎Diamond is visualised with an image that shows the characteristics in the 4 C’s: cut, color, clarity and carat of the NFT.
👌All Diamonds used for Tiamonds are certified by the GIA.
The first generation of Tiamonds is numbered fro 001 to 100.
⤵️LCX offered 2 options:
1️⃣50 Tiamonds for SALE at a fixed price only for VIP users (staked 1 Million LCX for 1 year)
2️⃣50 Tiamonds offered in an auction that started from 1.000 $LCX tokens
⤵️LCX offered 2 options:
1️⃣50 Tiamonds for SALE at a fixed price only for VIP users (staked 1 Million LCX for 1 year)
2️⃣50 Tiamonds offered in an auction that started from 1.000 $LCX tokens
Tiamond can be traded on Opense* and the current price floors is 4 $ETH
⇥ HOW IS $TIA CONNECTED WITH TIAMONDS?
✅SIMPLE: Tiamonds NFT holders receive 1 million $TIA tokens in rewards. We said distributions is done under an OWN TO EARN model, but what does that mean?
⇥ HOW IS $TIA CONNECTED WITH TIAMONDS?
✅SIMPLE: Tiamonds NFT holders receive 1 million $TIA tokens in rewards. We said distributions is done under an OWN TO EARN model, but what does that mean?
Each minute the holder receive 1 TIA Token per 1Million minutes (approx 2 years).
HOW $TIA WORK?
In every on-chain transaction a fee of 10% total is automatically taken and is split in 3 ways:
HOW $TIA WORK?
In every on-chain transaction a fee of 10% total is automatically taken and is split in 3 ways:
1️⃣ 5% to holders.
2️⃣ 2.5% sold by the smart contract into LCX token at Uniswap. The acquired LCX Token are added to the long-term $LCX company reserve.
3️⃣ 2.5% of the $TIA Tokens are burned
2️⃣ 2.5% sold by the smart contract into LCX token at Uniswap. The acquired LCX Token are added to the long-term $LCX company reserve.
3️⃣ 2.5% of the $TIA Tokens are burned
It is important to note that if the Tiamonds NFT is transferred to another wallet the new wallet will be able to receive the TIA tokens.
💥 IMPORTANT THINGS COMING👇🏻
💥 IMPORTANT THINGS COMING👇🏻
$LCX will launch a GOVERNANCE that has the power to decide about distribution of additional $TIA Token, only possible in connection with distribution of tokenized Diamonds, creation of diamond NFTs and more!
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Currently $TIA can be traded on the $LCX exchange and on uniswa*.
This is just the beginning and I think we will see many more tokenized asset, like gold, bonds and stocks!
In your opinion, what will be the second asset that LCX decides to tokenize?
This is just the beginning and I think we will see many more tokenized asset, like gold, bonds and stocks!
In your opinion, what will be the second asset that LCX decides to tokenize?
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