Buying a diamond is a simple and straightforward process. Once you make the purchase, a blockchain-enabled, time-stamped event transfers all diamond-related data over to you. This Non-Fungible Token, or NFT, is a digital twin of your diamond.
To buy or sell a Diamond NFT, we recommend using OpenSea.io directly. Go to the Amsterdam Diamond Club Collection to see our list of Diamond NFTs currently for sale or to sell your own.
Once you buy your Diamond NFT through the marketplace, you can choose to have it delivered to you or to pick it up at our office located in Amsterdam or in the Antwerp Diamond District.
Diamonds are unique by nature, which is why their physical identities can be recorded on the blockchain as NFTs.
Once your diamond is on the blockchain, that record is indelible and proves your ownership to anyone who has access to the chain.
This same technology makes it easy to transfer ownership of a diamond by simply entering the wallet address of the recipient.
Each Amsterdam Diamond Club NFT is a 1-1 asset-backed NFT.
Each NFT is discretely different, like a social security number or a fingerprint.
A diamond by nature is already non-fungible because there’s only one piece of it
Each diamond you buy comes with a certificate from the Gemstone Institute, International Gemological Institute, or HRD.
This certificate clarifies information about the diamond like the 4 C’s: cut, color, clarity, and carat weight.
Each diamond is uniquely matched with its digital twin on the blockchain. This means each NFT actually represents the real diamond.
There is a trend in the industry to conflate ordinary tokenization and NFTs, but the two are not the same.
On the blockchain, regular tokenization creates a fungible currency that represents a share or percentage of a Diamond, but NFTs are one-of-a-kind.
Tokenizing a diamond implies enabling several people to purchase and sell different components of it — it's like splitting it down into tiny bits so that anybody may invest as little as $1.
NFT is when the entire diamond is connected to a single token that is not only traceable but also unique.
Amsterdam Diamond Club sells only NFTs that are entirely connected to the Diamond.
This is why each NFT is unique and comes with it's physical twin diamond.
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