KimberLite Token

Investment Management - New York, New York, United States

KimberLite Token Details

KimberLite Token (KIMBER) is the words first cryptocurrency backed by precious commodity assets in the form of Gemstones and AU Metals.The core use of KimberLite is undertaking peer-to-peer payments necessary within multi-million dollar precious commodity transactions. The instantaneous nature of Blockchain technology allows vendors to validate receipt of buyer funds enabling completion of complex trades in real-time.The key attractions for diamond traders around the world are undeniable, our KIMBER platform simplifies sales and purchase transactions, reduces costs as well as bypassing time constraints. It shall be superior to any conventional banking system or rival in every conceivable way. We utilise predictive methodology pertaining to sales being conducted for establishing stringent 'supply and demand' models for token usage. These forecasts create the opportunity for managing token release according to business requirements, eradicating instability commonly seen throughout the crypto industry.The cornerstone of successful economies globally are based upon incentivisation, whether that be banks offering interest rates or sellers providing discounts. The KimberLite ecosystem is no different, rewarding user participation with a range of innovative schemes. These include investors being granted access to diamonds at drastically reduced prices.Clearly, it is impossible for us to ignore metaverse integration and therefore we plan to construct an online depository supplying diamonds alongside AU bullion in Non-Fungible Token (NFT) format. These shall be purchased using KimberLite and freely interchangeable with real world physical assets.There are various so called 'stable coins' in circulation that claim to be tethered or backed by physical fiat. However, what is missing is a genuine stable token back by physical assets such as Gold or Diamonds, we plan to introduce a token which will fill this gap.

KimberLite Token logo, KimberLite Token contact details
Employees: 6
HQ:
Location: New York, New York, United States
Revenue:
KimberLite Token Technologies
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