The diamond industry has roots going back thousands of years, so it’s no wonder that to this day it is under strict control. The day-to-day workings which are self-sufficient coupled with the very old, solid traditions of those in the diamond world help to maintain its stability. It is a very closed system in which major diamond producers organize price stability to maintain their profit margins. For them it is a very simple matter; if too many diamonds are produced, mines are closed or diamonds are stored before they are released. If there is not enough demand, stored diamonds are released to stimulate demand. Rarity is created to maintain the high price of diamonds.
This is why investors looking forward to DIMND token; the first alternative currency build on Ethereum blockchain and backed by gem quality, polished diamonds. Because the diamond world is not controlled by governments or financial giants they cannot be affected by local politics or too much government oversight. All diamonds will be stored in secure vaults in a Freeport location, meaning that investors can benefit from being VAT exempted for their initial investment. This also means that investors can rest assured; their investment is in an industry that has always put the privacy and security of their investors first, which is why they have enjoyed such a successful existence throughout the years.
https://coinidol.com/dimnd-token-a-stable-industry-giant/
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