en
RSS
Soon
Soon
Soon
Soon
Carats

Carats (CARAT)

$ 0.00
-4.06 %
Main info
News
Comments
Markets
Analytics
Volume (24h)
$178.51
-4.06 %
Total supply
936,362,230 CARAT
Max. supply
1,000,000,000 CARAT

About Carats

Diamond-Backed Digital Currency

http://Carats.io creates the first financial market for diamonds with a digital, diamond-backed token - the CARAT.Carats.io is tokenizing the world's most precious commodity - diamonds. We're building a liquid method to exchange diamonds' digital value with a real-world usage and exposure to the diamond and jewelry industries.

CARAT is a diamond-backed digital currency, which can be redeemed in the real-world diamond market. By being linked to a physical commodity averaging an appreciation of 5-6% annually, the CARAT Token remains one of the most stable and promising assets.

Utility of the CARAT Token

Beyond being a sound use of capital, the CARAT Token will also function as a means of payment that will help kick-start the diamond and jewelry industries in multiple ways: purchase diamonds and jewellery, peer to peer payment method and a brilliant solution for the diamonds and crypto industries financing and banking issues.

Key data

updated $0
Market cap$0
Volume 24h$178.51

Carats (CARAT) is a cryptocurrency project that tokenizes diamonds, one of the world's oldest stores of value. Each token is backed by real, certified diamonds, making it an attempt to bring gemstone assets onto the blockchain. The idea is simple: instead of buying and storing physical diamonds yourself, you hold a digital token connected to them.

Frequently asked questions

What is Carats and how is it different from other cryptocurrencies?

Carats (CARAT) is a diamond-backed token, meaning each unit is tied to physical, certified diamonds held in storage. Unlike most cryptocurrencies that derive value purely from market demand, CARAT aims to anchor its value to a tangible, real-world asset. This makes it closer to a commodity-linked token than to a typical payment coin.

How does the technology behind Carats work?

CARAT is an ERC-20 token running on the Ethereum blockchain, with its smart contract at 0x19ea630bcbc1a511a16e65b6ecd447c92e1c087c. Ethereum's network handles transaction validation and security through its established proof-of-stake consensus. The diamond backing is managed off-chain, with certificates linking tokens to specific stones.

How is the supply of CARAT created?

New CARAT tokens are issued in correspondence with diamonds added to the project's reserves, so the supply grows as more stones are tokenized. This ties emission directly to physical inventory rather than an arbitrary schedule. Details on current supply can be checked on the official site or a block explorer.

How can I store and use CARAT tokens?

Since CARAT is an ERC-20 token, it can be stored in any Ethereum-compatible wallet, such as MetaMask, Trust Wallet, or a hardware wallet. You can send it to other addresses, trade it on exchanges that list it, or simply hold it long-term. Always verify the official contract address before interacting with the token.