Purchase Process

Now when you know what Tokenized Diamond you want to purchase and have your Web3 Wallet connected, you may start the purchase process:

  • Make sure you have ETH tokens enough to cover the gas fees for the transaction.

  • Make sure you have enough USDT tokens on your wallet to purchase the Tokenized Diamond you want.

  • On the Tokenized Diamond NFT page push the "Buy Now" button. It will open extra windows where you should follow the instructions.

  • Right before payment our system will conduct an AML check of your Web3 Wallet.

  • If everything is alright, you will see the Transaction Signature request, feel free to sign.

  • Once the transaction is complete you will get Locked NFT Certificate on your Web3 Wallet.

  • Physical diamonds commence their tokenization process, transitioning from the merchant's possession to secure storage in the vault.

Every single time you are about to purchase a Tokenized Diamond, we will conduct an AML check provided by Crystal for the funds on your Web3 wallet according to the Terms of Use.

Now you have Locked NFT Certificate that you can turn into Unlocked NFT Voucher to be able to do one of the following:

  • Keep your NFT in Web3 Wallet.

  • Redeem Physical Diamond.

  • Sell Tokenized Diamond.

At the time of payment for a diamond, a purchase and sale agreement is automatically generated between the User of the Platform and the Merchant, according to which the User receives ownership of a real diamond. When the transaction is completed, the User's wallet will receive an NFT (not for sale), which will indicate the successful conclusion of the purchase agreement and certifies the fact that the sale took place.

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