CARAT

Buy CARAT
rank 1877

0,77621 $

Carats.io is tokenizing the world’s most precious commodity — diamonds. We're building a liquid method to exchange diamonds’ digital value with a real-world usage and exposure to the diamond and jewelry industries.

Carats.io applies a sophisticated algorithm that compares individual diamond grade to daily market
conditions, thereby achieving the often-elusive goal of objective and consistent pricing. Carats.
io’s partnerships with international diamond dealers are used to amass safe, audited reserves of
diamonds. These are used to issue digital credit quickly and effectively, audited resreves are quickly
and effectively issued thier due in digital credit. The digitization achieves highly reliable accountability,
stability, and fungibility, allowing the polished diamond industry to establish a consumer crypto
currency, the CARAT Token, backed by our private, digitized reserves of diamonds.

By commoditizing the diamond market, Carats.io allows end users to redeem their tokens in the
real-world diamond market without relying upon the hard-to-find expertise. Rather, they can trade with a more familiar less volatile, and entirely asset backed CARAT Token. The global ledger of the blockchain further detaches dealers and institutions from banks, affording previously impossible forms of value exchange.

CARAT (CARAT) is a cryptocurrency token issued on the Ethereum platform. CARAT (CARAT) price for today is $0,7762 with a 24-hour trading volume of $12,536

Coin type: token
Open source: No
Development status: On-going development
Hardware wallet: Yes
Proof type: Not mineable
Org structure: Centralized
Hash algorithm: None
Total supply: 2 000 000 CARAT