Carats.io
Carats.io
Token: CARAT


Diamonds to the People

ICO dates
Start date: 2018-10-01
End date:

Registrated in: UK

Platform: Ethereum
Type: ERC20

PREMIUM ICO

Carats.io categories
Platform
Video
Carats.io token sale
KYC passing required Yes | Whitelist Yes | Restriction for countries USA, China
Token distribution in ICO
75%
75%
Minimal investment 100 USD
Acceppting ETH, Fiat
Carats.io news, social
Carats.io search trends in Google
Random whitepaper excerpts


Carats.io’s technological breakthroughs
have laid the foundations for the creation
of the first financial market in diamonds.

Eli Avidar
Carats.io President
The World Jewellery Confederation Vice President
Former Managing Director of the Israel Diamond Exchange
...

Abstract
Carats.io is creating the first financial market for diamonds. Using their state-of-the-art algorithm,
Carats.io have developed a means to standardize prices for these non-homogeneous gemstones,
creating the foundation for a diamond-backed digital currency.
Carats.io applies a sophisticated algorithm that compares individual diamond grade to daily market
conditions, thereby achieving the often-elusive goal of objective and consistent pricing. Carats.
io’s partnerships with international diamond dealers are used to amass safe, audited reserves of
diamonds. These are used to issue digital credit quickly and effectively, audited resreves are quickly
and effectively issued thier due in digital credit. The digitization achieves highly reliable accountability,
stability, and fungibility, allowing the polished diamond industry to establish a consumer crypto
currency, the CARAT Token, backed by the private, digitized reserves of these collective dealers.
By commoditizing the diamond market, Carats.io a...

Table of contents
Abstract..................................................................................................... 3
1. Introduction .......................................................................................... 5
1a. The Current Diamond Marketplace...................................................... 5
2. Team...................................................................................................... 7
3. Carats.io Diamond Pricing Algorithm..................................................11
4. The Diamond Financial Index (DFX)....................................................14
5. Stability................................................................................................ 15
6. Barriers to a Secondary Market ..........................................................17
7. The Carats.io Solution......................................................................... 17
7a. Commoditization.............................................................................

1. Introduction
For thousands of years, diamonds have held a special significance in societies around the globe.
They’re a symbol of beauty and strength, a metaphor for the tangible benefits of pressure, and an
outward display of status and wealth.
Nonetheless, diamonds have played a complicated role as investment purchases. Multiple short-
lived attempts to construct a secondary market around diamonds experienced only fleeting success.
Unlike gold, silver, oil, and other established commodities, the exchange of contracts promising
delivery of future diamonds poses unique challenges to its own standardization and execution,
ultimately hamstringing each and every implementation attempt to date.
Historically, a secondary market for diamonds has been rife with abuse. In 1972, short-selling
dealers capriciously manipulated the price of one exchange by exploiting arbitrary factors of
diamond valuation. Contract fulfillment demanded an extraordinary level of fidelity, as diamonds
hold extremely high va...

To top it all off, a common USD 250,000 minimum entry fee makes it expensive to invest in the
diamond industry. Those who do possess the necessary capital must buy from diamond dealers,
pay for shipping, shell out for safekeeping, purchase insurance, and sell it back to a diamond
dealer at below-market rates. For those without the necessary capital to spare, getting into the
diamond market is simply not an option.
As it currently stands, the diamond market is overly complicated, inaccessible, and expensive.
The Ecosystem Today
Banks
Miners
Diamond Dealers
Retailers
Customers
Private Investors
Carats.io - CONFIDENTIAL - All rights reserved v0809
Financial
Institutes
6
...

2. Team
The Carats.io team is a tight-knit crew. Some of us have already worked together on successful
projects, and we enjoy building companies as a group. Now, we’re putting our brains together to
bring the diamond industry into the 21st century with Carats.io.
As native Israelis fluent in blockchain and commerce, innovating change within the Israeli diamond
industry seemed like the clear path to our next entrepreneurial endeavor.
Eli Avidar
President
Avishai Shoushan
Founder and CEO
Avidar, who served until recently as managing
director of the Israel Diamond Exchange
and the Israel Diamond Institute, is currently
vice president of CIBJO, The World Jewellery
Confederation. In the past he held a number of
top level positions with the Israel Foreign Ministry
and served in several postings abroad. He was
also president of the Israel-Africa Chamber of
Commerce.
MBA from Recanati Business School at Tel Aviv
University
Avishai is the team...

Or Eligula
Founder, Operations
Mor Hazan
Founder, Product Manager
Masters in Corporate and Business Law from
Industrial and Management Engineer from The
Bar-Ilan University.
Technion
As part of Or’s studies and specialization in
commercial law, he focused on the establishment
of and relationships between companies, finances,
the international trade. Both Or and his brother
made their way into the fast-paced world of tech
startups through their gaming activities.
Mor began his journey into the entrepreneurial
world at an early age, and by 18, he was managing
a local real estate agency. Since graduating from
the Technion, Israel’s institute of technology,
he’s been hard at work at several startups in
operations management.
Jose Clastornik
Technological Advisor
Lior Kwintner
Legal Advisor
Engineering Degree from the Universidad de la
República and Civil Engineer from The Technion
Jose is a thought...

Daniel Alush
VP Business Development
Ori Bar-lee
Business Development
Manager
Double Major B.A. in Entrepreneurship and
Business Administration IDC Herzliya. Daniel
is a senior advertising, technology and media
executive with over 8 years of experience in sales,
business development, and media buying, planning
and operations. He boasts a proven track record
of expanding new and scalable businesses by
building innovative sales strategies, executing
strategic partnerships, developing talented teams,
and successfully partnering with internal cross-
functional departments.
Ori is a business development manager with a
rich background in economics, experienced in
building and managing large account portfolios.
In recent years Ori participated in the managing and
marketing of a variety of international investments
in Israel and abroad. At a young age he learned
technical analysis and embarked on his path in
the financial markets....
Gabriel Diamant
Gabriel Diamant Chief Product Officer

Dor Eligula
Dor Eligula Marketing & Business Development

Or Eligula
Or Eligula Operations

Mor Hazan
Mor Hazan Product Manager

Daniel Alush
Daniel Alush VP Business Development

Ori Bar-Lee
Ori Bar-Lee Business Development Manager

Eylon Aviv
Eylon Aviv Asia Business Development

Moshe Torban
Moshe Torban Software Architect

Itamar Demri
Itamar Demri Blockchain Wizard

Nathaniel Bodinger
Nathaniel Bodinger Lead UX/UI Designer

Nissim Agami
Nissim Agami Marketing Manager

Noah Wilder
Noah Wilder Community Manager

Molly Cornfield
Molly Cornfield Content Writer

Lior Kwintner
Lior Kwintner Legal Advisor

Yuta Sato
Yuta Sato Strategic Communications

Jose Clastornik
Jose Clastornik Technological Advisor

Dror Markus
Dror Markus Content Writer

Dror Markus
Dror Markus
Content Writer
Marketing Content
Molly Cornfield
Molly Cornfield
Content & Copy