At the beginning of this year, information began to appear about the new RDS Token, which has all prerequisites for becoming cryptocurrency. The coin resulted from ICO project of the diamond company Reger Diamond. Let’s find out why it was created and learn its advantages and disadvantages.
Reger Diamond Security Token (RDS token) resulted from ICO project of the diamond company Reger Diamond, planning business development and expansion of jewelry production in Prague. For that the company has invested in business development its own funds, and also has created ICO project with the issue of own coin.
The project team analyzed the cryptocurrency market and came to the conclusion that it is necessary to create its own coin to work in the own ecosystem. This is due, first of all, to independence: from the external environment, the rate fluctuations, the image of other projects, but most importantly, it will ensure the project stability as a whole. RDS Token will be a universal payment medium in the entire ecosystem Reger Diamond not only for calculations within the project participants, but also beyond its borders. Today the team is already negotiating with suppliers to buy raw materials for RDS Token, which will be a significant drive for the new cryptocurrency. And RDS Token will be the settlement tool for purchasing the products made by the company – diamonds and jewellery, along with other fiat and cryptocurrencies. To stimulate calculations with RDS Token there will be additional discounts, and the buyer will be profitable to buy coins first, and then jewelry.
In addition RDS Token has the main advantage over its competitors. It is 100% secured by the company real assets. The ICO project was invested by Reger Diamond to start and successful development, allowing investors to return all their funds at any given time. No other ICO project can offer this. The investor can exchange RDS Token at par value of 1 USD at any stage.
The second obvious advantage is that the diamond business in recent years is slowly but surely moving upward. Surely, there are no much profits for investors, but it kept and increased the invested funds. The diamond can be called a conservative investment tool. However, it was not possible to invest directly in the diamond business, as the industry was closed. But with the advent of RDS Token, investors got such an opportunity and the entry threshold was lowered. You can buy coins in any amount, and the minimum investment of 100 USD is available to everyone.
As we can see, RDS Token allowed destroying the main drawback of the diamond business – the high threshold of entry into it. Since the beginning of September, after the start of main sales, you can buy RDS Token at a nominal rate of 1 USD. Industry analysts promise a great future for a new token after its being released on the cryptocurrency exchange. Then its rate will grow, bringing additional profit to investors. Meanwhile it’s just the time to buy RDS Token at the start of sales. All details are on the website www.regerdiamond.com