Backed by the Diamond Foundation, Diamond (DMD) celebrates three years expanding the many possibilities of financial empowerment offered by cryptocurrencies today.
The digital currency industry has grown rapidly since Bitcoin was created by Satoshi Nakamoto. Unlike fiduciary money, crypto currencies are not produced by banks and controlled by governments, they are cheap to transfer and can be protected against inflation. Cryptocurrency can invoke a paradigm shift for the benefit of people, especially in countries with restricted finances, as well as to help the millions of unbanked people around the world.
DMD started off at INR 407.50 on 1 September 2017 and was quickly seen trading at INR 752.88 on 28 September 2017.
DMD started off at INR 757.50 on 1 October 2017 and dipped down to INR 510.94 on 31 October 2017.
DMD started off at INR 489.29 on 1 November 2017 and over the following weeks it was seen at INR 653.80 on 30 November 2017.
DMD started off at INR 752.63 on 1 December 2017 and experienced a spike to INR 1323.52 on 31 December 2017.
DMD started off at INR 2062.21 on 1 January 2018 and took a downward leap to INR 1079.16 on 31 January 2018.
DMD started off at INR 915.50 on 2 February 2018 and moved downwards to INR 814.44 on 28 February 2018.
With Diamond portfolio services, cloud storage, mining, forex market and others, they present to the enthusiastic community of cryptocurrencies one of the best options when it comes to supporting and increasing their financial patrimonies.
In addition, at the time you acquire Diamond, it becomes an asset that accrues interest with a 50% annual return. The interest is reduced successively in the next few years by having an algorithm of limited emission of cryptocurrency, but even so its value grows over time.
Among other features, the Diamond network has been designed to be excellent for fast money transfers. Less than a minute are the times when the blocks confirm and record transactions, ensuring unprecedented speed for conventional remittance and payment systems. Likewise, Diamond's Proof-of-Stake not only drastically reduces the carbon footprint, but also the consumption of electricity, making it an environmentally friendly cryptocurrency.
The prices fluctuate based on local demand and supply.