What is the DBK Coin
Introducing the DBK Coin as a globally trusted asset-backed stable digital currency which will be used as a global payment and acquiring solution. Built with blockchain technology and coupled with DiamondBack's Trust Model. The Trust Model delivers stability and security. DiamondBack provides transparency and value, along with an accepted means of exchange, bridging the best of both worlds in an empowering manner to consumers and merchants. DBK's value is benchmarked to the U.S. dollar and backed by assets. These DiamondCube assets contain rare diamonds.
A Real Asset- Backed Stablecoin For The Digital World
Buying DiamondBack (DBK) Tokens is similar to buying diamonds with a digital receipt of diamond assets that are securely stored in Brinks facilities, insured by Lloyd’s of London and held in third-party trust with
Winchester Global Trust. Assurance review is provided by PricewaterhouseCoopers (PwC).
A Real Stable coin for Real People, the DBK Coin is a new version of ‘Sound Money’, having intrinsic value and being an asset-backed, fungible commodity. Easy to use, easy to adopt and DiamondBack holds value when your fiat currency is unstable.
DBK coin is the representation of the diamond’s value via the immutable blockchain. DBK functions as a bridge between the cryptocurrency and fiat currency worlds, providing a safe and secure on and off-ramp for cryptocurrency.
Why a Stable Coin?
Crypto assets are highly volatile in price. Stablecoins are designed to minimize the volatility and can be pegged to a cryptocurrency, fiat money, or to exchange-traded commodities. They are also redeemable.
The DBK stable coin is a 100% diamond backed asset that provides simplistic, stabilized, scalable, and secure means for transactions. The DBK coin is a 1:1 in value with the US Dollar.
- Diamonds historically gain value over time.
- Diamonds are easy to store and transfer.
- Diamonds have intrinsic value.
- Diamonds are tradeable as the commodity in the real world via the DBK coin.
Why rare Diamond are real asset ?
About The DiamondBack Group
The DiamondBack Group is focused on creating real world inclusionary financial payment
solutions that bridge legacy systems with state of the art Digital Ledger Technology (DLT).
The DBK Trust Model
The DiamondBack Trust Model provides users with the assurances required to choose and utilize the DBK stable coin. It involves the integration with several top-tier financial companies that give the DBK coin users a level of trust, security, safety and transparency via the DiamondCubes. The following relationships ensure the highest level of integrity:
DiamondBack Trust Model Partners
Advantages of the DBK Stable Coin
Built as an ERC-20 token on the Ethereum blockchain, the DBK stable coin can easily be moved or traded anywhere in the world, 24/7.
Interchangeable DiamondCubes provide the fungibility to diamonds thus implying equal value between the assets simplifying the exchange and trade processes.
DiamondBack provides physical as well as digital storage of diamonds compatible with blockchain platforms.
A sound cryptocurrency benchmarked to USD provides the inflation free alternative to otherwise volatile currencies.
Trust partnerships with top-tier reputable organizations, building the trustworthy foundation necessary for a sustainable business model.
Send and receive money like an email, with little or no cost across the world instantaneously without any banks or financial institutions.
Built on the blockchain to achieve significant business benefits, including greater transparency, enhanced security, and greater transaction speed, and reduce cost.
GIA certified diamonds secured by a third-party trust and regular audits by renowned firms bring transparency to the Trust Model.
KYC & AML
KYC and AML of all transactions ensure compliance with best practices as applicable under various jurisdictions.
How DBK Works
Pre-Tokens Sale & Values
The first round of token sale will be announced soon...
Token sale will start in
- Soft Cap
The digital asset sale, will end when either the digital asset supply for sale has all been purchased or the digital asset sale period has ended.
- VIP-Token sale to be announced...
- Pre-Token sale to be announced...
- Public Token sale to be announced...
- Acceptable currencies BTC, LTC and USD
- Total DBK Coin Initial Supply Limited Edition 10 million DBK
- Total DBK Coin Supply for sale (91%) 9.1 million DBK
- Referral Bonus (9%) 900,000 DBK
- Exchange Rate Bechmarked to USD
The DiamondBack leadership team consists of highly experienced
crew of goal-focused individuals with specialized expertise.
The DiamondBack Group Advisors
The DBK Board of Advisors is composed of highly experienced experts from various
to provide insight on various business trends to ensure DiamondBack continued growth.
Over the past 16 years, SEED Group has formed strategic alliances with leading global companies representing diverse regions and industries. These companies have propelled their business interests and goals in the Middle East & North Africa (MENA) region through the support and strong base of regional connections of the SEED Group. The Group’s goal is to create mutually beneficial partnerships with multinational organizations and to accelerate their sustainable market entry and presence within the MENA region. SEED Group has been a key point in the success of all its partners in the region helping them reach their target customers and accelerate their businesses. The Private Office was established by Sheikh Saeed bin Ahmed Al Maktoum to directly invest in or assist potential business opportunities in the region, which meet The Private Office’s criteria.
Frequently Asked Questions
Originally the term "FAQ" referred to the Frequently Asked Question itself, and
compilation of questions and answers was known as a "FAQ list" or some similar expression.
News & Press Releases
Contact The DiamondBack Group
Contact us with any questions regarding the DiamondBack ecosystem and Stable Coin.
1200 Brickell Avenue 18th Floor.
Miami, Florida, USA 33131
- [email protected]