On December 20th, 2024, Tiamonds and Coimex held their second engaging AMA session, following their first collaboration in July 2024. This event brought together crypto enthusiasts, investors, and project supporters to discuss the transformative potential of real-world asset (RWA) tokenization, the projects’ recent achievements, and what lies ahead.
Exciting Announcements
Airdrops for Participants
Both Tiamonds and Coimex shared generous rewards to engage the community:
- Coimex: Two airdrop opportunities. The first rewards participants who buy and stake EXIM tokens on LFJ (formerly Trader Joe), while the second offers 50 EXIM tokens to three individuals who purchase during the AMA and hold for 30 days.
- Tiamonds: 1,000 TIA tokens for the three participants who asked the best questions during the session.
Project Updates
Tiamonds: Pioneering Diamond Tokenization
Steven Gartner discussed the remarkable progress made by Tiamonds:
- Cross-Chain Accessibility: Expanded to the Cardano blockchain, enabling payments in ADA, ETH, and stablecoins.
- Enhanced Offerings: Over 14,000 investable diamonds are now available.
- Upcoming Ventures: Tokenized sapphires launching in Q1 2025, with plans for rubies and emeralds.
- Ownership Benefits: Secure storage in Liechtenstein and on-chain ownership certificates.
Coimex: Revolutionizing Food Commodity Trading
Onur Kutlu Gago provided insights into Coimex’s progress:
- Successful Launch of EXIM Token: Achieved a 2.5x return post-IEO.
- Commodity Token Marketplace: Tokenized dried apricots (APRI), sunflower seeds (SUNS), and peanuts (NUTP).
- Expanding Portfolio: Plans to tokenize cashew nuts, coffee beans, cocoa beans, and pistachio nuts.
- Innovative Financial Services: PromptPay export financing service backed by staking pools.
Insights from the AMA
- The Impact of Bitcoin’s Milestone on RWAs: Bitcoin’s all-time high of $108k has drawn more attention to RWAs as a stable investment option.
- Tiamonds vs. Bitcoin: Tiamonds offers tangible assets, secure storage, and ownership rewards compared to Bitcoin’s volatility.
- RWA Tokens for Investors: Coimex highlighted RWAs as accessible, low-risk options for portfolio diversification.
- Community-Driven Innovations: Both projects emphasized the role of user feedback in shaping their offerings.
Audience Engagement
Participants asked insightful questions about governance, compliance, and tokenization plans:
- Governance Models: Tiamonds is exploring ways to involve TIA token holders in decision-making.
- Future Tokenization Plans: Upcoming launches of sapphires, rubies, emeralds, and additional food commodities.
- Compliance: Both projects are aligned with upcoming European MICA regulations.
Audience members also expressed interest in the process of tokenizing their own assets, a topic Tiamonds addressed with its robust validation and storage process.
Key Takeaways
The AMA showcased how Tiamonds and Coimex are transforming their respective industries through blockchain technology. By offering secure, scalable, and innovative solutions, these projects are at the forefront of the RWA tokenization movement.
Whether you’re interested in tokenized diamonds or food commodities, both platforms offer a range of investment opportunities tailored to diverse needs and risk profiles. The discussion further reinforced the significance of real-world asset tokenization in shaping the future of blockchain applications.
Stay Connected
For those who missed the live event, you can listen to the recording of the AMA session on Twitter here.
To learn more, follow Tiamonds and Coimex on their official platforms:
Don’t miss out on future announcements and opportunities to participate in these groundbreaking projects!
