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Diamonds for Crypto: Revolution in the traditional Business

·2-min read

DGAP-News: TRIPLE EX CRYPTO LLP / Key word(s): Cryptocurrency / Blockchain
23.12.2021 / 14:36
The issuer is solely responsible for the content of this announcement.

On November 21, Titanic Business Kartal, Luxury Hotel in Istanbul
Turkey held a presentation of Triple Ex Token.

Young developers team (Crypto Exchange Stockpoint) together with
professionals in the diamond industry created a diamond exchange
Triple Ex Marketplace, where everyone can buy and sell diamonds for
cryptocurrency at the investment price. To get access to the
Marketplace, you need to buy a Triple Ex Token (3-Ex).

The diamond market until now has been conservative and closed to ordinary buyers.
Diamonds, unlike gold, are not available as an asset, people massively overpay when
buying diamonds from jewellery stores. These problems led to the solution - to create a
marketplace with equal opportunities for both the amateur and the professional.
To get to the Triple Ex Marketplace, you need to buy a Triple Ex Token. Triple Ex Token is
issued in an amount of 600 000 tokens, all of which, without exception, will be in free
circulation.

The creators presented a prototype of the marketplace, launch is scheduled for May 2022.

"The technology is uncomplicated. If you use a utility token on the Triple Ex marketplace, it's
no longer traded on the exchange. And if many people are on the marketplace, that means
there will be correspondingly fewer tokens on the exchange, a shortage. That's supply and
demand. That's how we manage to keep the price up. That's why these tokens have real
value." - one of the creators of the project says.

The location of the presentation also matters. During the pandemic, Turkey remains one of
the few places where people from all over the world can enter freely without restrictions.
Moreover, Turkey is also known as one of the largest suppliers of jewelry and diamonds.

The world is changing rapidly, but some businesses are stuck in the last century. Modern
problems require modern solutions. But what could be more modern than cryptocurrency?
Probably nothing.


23.12.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

TRIPLE EX CRYPTO LLP

153 The Parade High Street

WD17 1NA Watford, Herts

United Kingdom

Internet:

3excrypto.com

EQS News ID:

1261874


 

End of News

DGAP News Service

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