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The Problem And Argyle Coin Solution
Diamonds are a globally accepted resource, but until now it has not been possible to negotiate these resources quickly in line with the economy. modern. The Argyle coin will fill this need will create a global cryptographic currency that will be integrated with a proprietary portfolio, an exchange and multilateral funding. This will create an online market for financing, exchanging and paying valuable diamonds that use the blockchain. It is worth noting that only one in 10,000 diamonds is fancy.
The market of fancy colored diamonds
The Argyle coin will focus on the market of fancy colored diamonds. Their attractiveness and rarity have led to centuries of intrinsic value. The demand for colored diamonds has led to a price increase of up to 40% per carat over the last 10 years. In 2017, over $ 1.1 billion worth of extreme top-end diamonds, colored gems and jewelry were sold in auctions. Some of the notable examples of brilliant colored diamonds sold were:
- Blue Moon from 12.03 carats to 48.4 million dollars (November 2015)
- Oppenheimer Blue from 14.62 carats to 57.5 million of dollars (May 2016)
- 59.60-carat Pink Star to $ 71.2 million (April 2017)
In the last eight years, from 2009 to 2016, rose diamonds have seen their price grow by almost 180%. Blue diamonds have seen price increases of 70% over the same period. These diamonds have been the reserve of royalty and ultra-rich for centuries. However, Argyle Coin wants to change all this. Anyone will be able to own and invest in these fantastic resources.
About The Argyle Coin
The Argyle Coin will be the first coin to issue an ICO based on over $ 25 million of fancy colored diamonds. The diamonds will be kept in a Malca-Amit vault. This is a recognized global leader in the field of deposit services.
Argyle RGL Token ICO Details
Parameters of the ICO
- Token: Argyle Coin
- Ticker: RGL
- Maximum Token: RGL 100,000,000
- ] Tokens to sell: RGL 3,452,000 [19659010] Pre-ICO Token: RGL 300,000
- Pre-ICO for hard caps: $ 3,000,000
- token to ICO: RGL 2,700,000
- Token price: $ 10
- Date of sale of the token: 27 August 2018
- Duration of sale: 60 days
- Type: Ethereum Private network with own block Genesis
- Sales hours: 13:00 UTC
- ICO Soft Cap: $ 15,000,000
- ICO Hard Cap: $ 27,000,000
- Currencies accepted: ETH, BTC, BCH and LTC
- Max decimals: 18
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