Diamond Token (DMT): MBS Royal Treasure Token
Royal MBS
Abstract
Diamond Token (DMT) is access to the MBS Royal Treasury, supported by tangible real-world assets in the form of exclusive real-world DMT experiences and the MBS reserve of rare-earth diamonds and operates on a deflationary model whereby the token is burned upon utilization, contributing to an increasing scarcity over time.
With a fixed supply of 21 million tokens, each DMT can be traded 1:1 for either a one- carat rare-earth diamond from the MBS Royal Treasury or an exclusive real-world DMT experience. The intrinsic value of DMT is derived from the fair market price of the combined utility it represents, encompassing both real-world assets and unique experiences.
Token holders may stake DMT in the Royal MBS Vault, staked rewards are issued based on the amount of tokens an individual stakes as a percentage of the total amount staked by the entire community when a snapshot occurs.
Together, these distinctive features ensure that DMT remains a limited and sought-after asset, enhancing its long-term value proposition. The fundamental purpose of DMT is to fuel the mission of providing universal access to DMT for the betterment of humanity.
1. Introduction
1.1 Background
DMT emerges as a digital asset backed by the MBS Royal Treasury and is uniquely positioned to bridge the gap between the digital and physical worlds. By combining the stability of real-world royal assets (MBS rare-earth diamonds) with the allure of exclusive experiences, DMT strives to redefine the landscape of crypto-currency utility.
1.2 Mission
The primary mission of DMT is to democratize access to valuable assets from the MBS Royal Treasury and exclusive DMT experiences, offering a novel approach to wealth distribution. With a strong commitment to inclusivity, DMT aims to empower individuals globally by granting them the ability to exchange DMT for real-world assets or engage in unique experiences supported by the holdings within the MBS Royal Treasury.
2. Tokenomics
2.1 Fixed Supply
DMT has a fixed supply of 21 million tokens and are burned on utilization. This scarcity model is designed to create a deflationary economic system, fostering increased value over time as the supply diminishes through token burns.
2.2 Token Issuance
DMT has a fixed supply of 21 million tokens and are burned on utilization. This scarcity model is designed to create a deflationary economic system, fostering increased value over time as the supply diminishes through token burns.
2.3 Asset-Backed Value
DMT derives its value from both MBS Royal Treasury rare-earth diamonds and exclusive DMT experiences. Each token represents a claim to either a one-carat per token physical rare-earth diamond - shipped to the redeemers chosen address directly from the MBS Royal Treasury along with its corresponding physical and digital authentication certificate which is minted and sent to the redeemer as a NFT or participation in an exclusive DMT experience. The fair market value of these underlying assets collectively determines the intrinsic value of DMT.
2.4 Deflationary Mechanism
Upon utilization, the DMT token is burned, contributing to a reduction in the total supply. This deflationary mechanism ensures that as DMT becomes more widely adopted and utilized, the remaining tokens become scarcer, driving potential long-term value appreciation.
2.5 Royal MBS Vault
Token holders may stake DMT in the Royal MBS Vault, rewards are calculated and issued after a snapshot which indicates The MBS vault has been opened, at which point rewards are able to be claimed until the next vault opening. The vault may not open more than once per 7 day period. The total reward pot is equal to the golden ratio as a percentage of the total supply of DMT currently contained within the vault, the golden ratio as a percentage used to calculate rewards is halved each time the vault reaches 50% the value of its previous pre-halving total supply. Total rewards an individual receives from the total reward pot are calculated and distributed based on the amount of tokens an individual stakes as a percentage of the total amount staked by the entire community at the time of snapshot.
3. Real-World Assets and Experiences
3.1 Diamonds
Each DMT is redeemable for a one-carat rare-earth diamond from the MBS Royal Treasury. Upon redemption the DMT token is burned and an authentication certificate NFT is minted and issued to the redeeming party. The diamond correlated with the newly minted NFT is then shipped with a physical authentication certificate to an address of the redeeming parties choosing. This tangible asset backing provides stability to the token, offering holders a secure and valuable asset from the MBS Royal Treasury.
3.2 Exclusive Experiences
DMT holders have the option to exchange their tokens for an exclusive real-world DMT experience. These personally curated experiences are designed to be diverse and cater to a wide range of preferences, creating an additional layer of utility for the token beyond its asset-backed value.
4. Decentralized Mission
4.1 Universal Access
DMT is committed to the vision of providing universal access to DMT. The decentralized nature of blockchain technology ensures that the benefits of DMT are accessible to anyone with an internet connection, fostering financial inclusion and personal freedom on a global scale.
4.2 Humanitarian Mission
DMT is driven by a strong humanitarian mission to utilize its resources for the betterment of humanity. Through strategic partnerships and initiatives, DMT aims to contribute to philanthropic causes and promote positive social impact.
5. Conclusion
Diamond Token (DMT) is access to tangible royal assets and real-world DMT experiences, offering a unique proposition to crypto enthusiasts, investors, and individuals seeking financial stability, exclusive opportunities and personal freedom. With a fixed supply, deflationary mechanism, asset- backed value, and a commitment to global accessibility, DMT will redefine the landscape of crypto-currency and contribute to a more inclusive and sustainable financial future. As DMT continues to evolve, it remains dedicated to its mission of providing universal access to the MBS Royal Treasury and DMT experiences for the betterment of all humanity.