Diamante Blockchain on WeFunder | Deal Memo

Jun 4, 2021 1 min read
Invest in DIAMANTE BLOCKCHAIN: A DeFi ecosystem for payments and financing leveraging proprietary blockchain infrastructure | Wefunder
A DeFi ecosystem for payments and financing leveraging proprietary blockchain infrastructure

Company Overview

Problem Addressed: Sending and receiving international payments is expensive, with cross broder transaction taking up to three days for settling fund transfer to the counterparty, and with transaction status not traceable by either the sender or the receiver. In addition, traditional system still follows manual paperwork, wich is tedious and increases the cost of operation.

The Product: The company aims to create a dedicated ecosystem for payments and financing by establishing concrete trust and ensuring full security in trade and transactions by leveraging proprietary blockchain infrastructure.

Deal Terms

  • Security: SAFE
  • Valuation Cap: $11,000,000
  • Min. Investment: $100

(Data as of June 2021)

Diamante Blockchain: Wefunder Campaign Highlights

  • The company developed a proprietary technology infrastructure with the ability to process 100 million+ transactions per day.
  • The founder has a unique combination of diamond industry experience and technical solution that solves real problems.
  • User consortium of over 400 diamond industry participants representing $82 billion of potential revenue.
  • PayCircle Proof of Concept (POC) deployed with 10 corporate heavyweights.
  • Aiming to deploy payments solution, PayCircle, tentatively by June 2021.
  • Projected revenue from PayCircle, approximately $100 million+ by 2025 (not guarnateed).

Did I Invest In Diamante Blockchain?

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