Has anyone actually tokenized diamonds yet? Seems like an interesting application for blockchain – combining physical assets with crypto. Wonder if there's a project already doing this or if it's still in the idea phase. Anyone know what's out there?
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LuckyHashValue
· 5h ago
Diamond on the chain? Sounds high-end, but it just feels like Bitcoin. How many of these can truly be implemented...
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Layer2Arbitrageur
· 5h ago
lmao yeah there's a few trying, but ngl the tokenomics are completely mid. you're basically paying 300-500 bps in custody fees just to hold a digital receipt for a rock – mathematically suboptimal.
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GasGuzzler
· 6h ago
Diamond on the chain? Sounds good, but I think it's quite challenging. Traceability and authenticity verification are probably the key hurdles.
Has anyone actually tokenized diamonds yet? Seems like an interesting application for blockchain – combining physical assets with crypto. Wonder if there's a project already doing this or if it's still in the idea phase. Anyone know what's out there?