Diamante Blockchain

Diamante Blockchain


Min investment
Days Left
Lenexa, KS

CrowdLustro Research Report

Security Type
Crowd SAFE
An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.
April 26, 2021
April 30, 2022
Valuation Cap
Deal Structure

An ecosystem for payments and financing leveraging proprietary blockchain infrastructure

Use of Proceeds

  • $50,000- 52.5% towards product development and maintenance, 20% towards marketing and business development, 18% towards admin and operations, 7.5% towards Wefunder fees, 2% contingency
  • $1,070,000 - 34% towards product development and maintenance, 23% towards admin and operations, 16% towards marketing and business development, 17.5% towards accounting legal & compliance, 7.5% towards Wefunder fees, 2% contingency


Dinesh Patel, CEO & Co-Founder
Family in the global diamond business for 3 generations *25+ years experience as a diamond trader in key market centers, including Mumbai, Surat (India), Israel, Belgium, and the USA *3X Founder and Managing Director at Honey Star Inc

Chirag Jetani, COO & Co-Founder
Trained engineer and blockchain enthusiast with over a decade of experience running a multi-generational diamond business in Belgium, India, and Hong Kong

Samuel ProctorChief Regulatory Advisor
CEO, Genesis Block - A digital asset advisory and financial services platform

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Key Deal Facts

Proprietary technology infrastructure with the ability to process 100 million+ transactions per day
A unique combination of diamond industry experience and technical solution that solves real problems
User consortium of over 400 diamond industry participants representing $82 billion of potential revenue
PayCircle Proof of Concept (POC) deployed with 10 corporate heavyweights
Aiming to deploy payments solution, PayCircle, tentatively by April 2021
Projected revenue from PayCircle, approximately $100 million+ by 2025 (not guaranteed)