Diamonds for cryptocurrencies: the revolution of the traditional market

WATFORD, England, Dec. 23, 2021 /PRNewswire/ -- On November 21, the Triple Ex token launch was held at the Titanic Business Kartal Hotel, a luxury hotel located in Istanbul, Turkey.

The team of young developers, Crypto Exchange Stockpoint, together with professionals from the diamond industry created a diamond exchange platform called Triple Ex Marketplace, a platform where everyone will have the possibility to buy and sell diamonds for cryptocurrencies at market prices. . In order to have access to this marketplace, it will be necessary to buy the Triple Ex (3-Ex) token.

The diamond market has been quite conservative and closed to conventional buyers to date. Diamonds, unlike gold, are not readily available as an asset and people often pay well above their real price when buying diamonds from jewelry stores. These problems have led us to the following solution: create a market with equal opportunities for both the inexperienced and the professional.

In order to have access to the Triple Ex market, it will be necessary to buy your tokens. An amount of 600,000 Triple Ex tokens has been issued, all of them, without exception, will be freely circulated.

Diamantes por criptomonedas: la revolución del mercado tradicional

The creators presented a prototype of the market, the launch of which is planned for May 2022.

"The technology is not complicated. If you use a utility token in the Triple Ex marketplace, it will no longer be traded on the exchange platform. And if there are many people in the market, it means that there will be fewer tokens available on the exchange. exchange platform, which in turn creates a scarcity. The principle of supply and demand. This is how we manage to maintain the price. That is why these tokens have real value," said one of the project's creators.

The location of the presentation is also important. During the pandemic, Turkey remains one of the few places where people from all over the world can enter freely without restrictions. Furthermore, Turkey is also a country known as one of the largest suppliers of jewelry and diamonds.

The world is changing very quickly, and some companies are getting stuck in the last century. Current problems require current solutions. And what is more current than a cryptocurrency? Surely nothing.

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