01/17/2018

Certified Blockchain-Based Diamond Exchange (CEDEX) ICO

Certified Blockchain-Based Diamond Exchange (CEDEX) aims to be the bridge between the diamond industry and the cutting edge of financial technology (FinTech). The exchange will enable users to trade in diamonds, shares of high-value stones, or shares in a basket of diamonds (ETF) through its web-based platform. To enable the secure exchange of diamond-backed digital assets, CEDEX uses a machine-learning algorithm to keep track of the quality, rarity, and spot price of stones.

A collaboration between leading online diamond exchange IDEX and Financial Technology (FinTech) company TechFinancials, the team includes Co-founder and CEO Saar Levi, Founder Ronen Priewer, CTO and Senior Blockchain Developer Avner Lewenstein, and Head of Product Evgeni Kif. Advisors include Alex Norta of the faculty of Software Science at TTU, Chairman of LDJ Capital David Drake, ethical hacker Jorge Rodriguez, IDEX founder Ehud D. Cohen, blockchain evangelist Jae Kim, TechFinancials Group Co-founder Asaf Lahav, independent non-executive chairman of XL Media plc Christopher Bell, and Mintbox founder Pialy Aditya.

The token presale will begin on March 16, 2018 and pre-registration is currently underway, with plans for launch of the CEDEX platform in Q3 2018. Token allocations will include 45% for marketing and business development, 20% for platform development, 20% for regulation, and 15% for working capital. The CEDEX token will be the only payment accepted on the CEDEX platform and ERC20-compatible. To learn more about CEDEX, please visit https://cedex.com/.

Authored by

Seth Goldfarb

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