Diamond Standard Carats (CARAT)

“Carats is a digital token backed by physical diamonds, created by Diamond Standard Co. It represents a new class of asset that combines the intrinsic value of diamonds with the flexibility and transparency of blockchain technology.

What Are Carats?

• Carats are a fungible token that represents a share of a physical Diamond Standard Coin or Bar.
• Each token is backed by a vault-stored, regulator-audited supply of natural diamonds.
• It is built on blockchain (typically using Ethereum or compatible networks), making it programmable, divisible, and easy to transfer.

Key Features

• Asset-Backed: Each token corresponds to a physical quantity of diamonds held in a secure vault.
• Fungible: Unlike most diamonds, which are non-fungible due to varying characteristics, DS Carats are standardized, allowing them to function like other digital tokens.
• Regulated: The offering has been approved for sale by regulators (e.g., Bermuda Monetary Authority).
• Transparent: Token holders can verify the backing through blockchain and audit reports.

Use Cases

• Investment: A way to gain exposure to diamond price movements without buying or storing individual diamonds.
• Trading: Can be traded on digital asset exchanges, making diamond investments liquid.
• Collateral: Can be used in DeFi (decentralized finance) as a collateralized asset.

Relation to Physical Assets

• Each Diamond Standard Coin or Bar is embedded with a wireless chip that connects it to its digital twin — a smart contract on the blockchain.
• DS Carats are fractionalized representations of these physical assets.

“