Diamond Arms, a restricted assortment of 100 tokens by the jewellery model DESIRED, acquired listed as an NFT on OpenSea, the preliminary NFT market. In Bitcoin We Belief (IBWT), the token represents proof of possession as soon as the IBWT token has been redeemed within the platform for a bodily ring of 750th gold purity, inlaid with 3.6-carat diamonds and 1.5-carat emeralds.
NFTs are a technique to extend the worth of already treasured gadgets and render possession everlasting. This itemizing will validate Diamond Arms assortment’s uniqueness, making it obtainable for patrons to entry unique high-quality. jewellery. Along with this, the version counts on a bonding curve that raises the token’s value after each sale by 6 %.
That is a gross sales mechanism adopted to encourage early traders and permit them to spice up revenues as purchases improve. In Bitcoin We Belief (IBWT) is an ERC-20 token that may be traded like some other token.
On this state of affairs, the token will be swapped on the platform to get a bodily ring. Moreover, the Diamond Arms assortment is designing necklaces (1.5 IBWT), watches (2 IBWT), and two unisex rings with a value of (0.7 IBWT) and (0.5 IBWT), relying on the scale.
These new merchandise create a further deficit for IBWT tokens by redeeming small elements of them. Subsequently, every IBWT bought stimulates the token’s worth by making a useful value curve for In Bitcoin We Belief.
Learn how to Redeem Diamond Arms Token
A Diamond Hand Assortment token, IBWT holder, will be swapped for a bodily diamond. Redeeming the token entails burning to create synthetic shortage and following these easy steps.
- Buy IBWT tokens
- Order a custom-made ring from Diamond Arms.
- Go to the web site https://app.diamondhands.ai/, click on the “Redeem Button” on the highest proper hand. A window will open.
- Enter your IBWT token to burn it. In case you have burnt your token however haven’t requested a supply, enter your ‘Transaction Hash” within the field to validate.
About Diamond Arms
DESIRED is an organization based mostly in Bali, Indonesia, that depends on its producers in Hong Kong to handcrafted their jewellery for the restricted assortment Diamond Arms. As such, this version symbolizes a brand new period, the period of crypto.
Aligned with its inspiration within the crypto-world, Diamond Arms developed In Bitcoin We Belief (IBWT), which promotes crypto adoption and jewel significance. It was based by Roman Burch, a premium jewellery skilled, and Yevgeniy Sarayev, a crypto skilled. Diamond Arms had been created in honor of Bitcoin and goals to be a number one crypto platform.
Disclaimer: This can be a paid submit and shouldn’t be handled as information/recommendation.