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Glint Coin TON Diamonds

ton.diamonds

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Site Rank: 675

If your website is on the scam list and you think that you are not a scammer, contact us. After you provide us with all the proof that you are in Crypto World with good intentions, we will delist you. Usually, you get in this category because you are hiding your team, you have a bad reputation(you are tricking, deceiving, scamming people), and you haven't got a written project whitepaper or is a shitty one....

Their Official site text:

Glint Coin

TON Diamonds Utility Token

Litepaper

October 23, 2023

2

1. Summary

TON Diamonds NFT Marketplace (TON Diamonds) is a specialized platform that empowers

digital creators to produce and sell their art as NFTs. Users of our platform are part of a

private club through TON Diamonds NFT Collection, granting them priority access to new

NFT releases created in collaboration with the TON Diamonds team.

This Litepaper introduces Glint Coin (GLINT), which enhances the TON Diamonds user

experience in the following ways:

(1) Purchasing NFT on TON Diamonds marketplace with Glint Coin;

(2) Covering NFT trading fees on the TON Diamonds marketplace;

(3) Granting DAO voting rights to decide on the listing of new or other NFT

collections and artists on the marketplace.

2. Product

2.1. Success-cases

Founded in January 2022, TON Diamonds serves as the bridge connecting the global digital

art community with TON Blockchain.

Notable achievements include:

(1) TON Diamonds NFT collection, the most actively traded visual collection on TON

with a total volume exceeding 1 million TON. TON Diamonds marketplace was

the first to introduce renowned artists' works as NFTs to TON Blockchain,

resulting in record-breaking sales.

(2) Artist Ellen Sheidlin's NFT collection debut on TON in July 2022, with two NFTs

from her Annihilation collection selling for a record-breaking 19,860 TON

(approximately $50,000). This record remains unbeaten.

(3) TON Diamonds' rapid collection sales, such as CALLIGRAFUTURISM-24: Units by

Pokras Lampas, selling out in 15 minutes, and the OCTOPUS BOYZ collection

selling out in just 15 seconds, even during a bear market.

TON Diamonds Litepaper / Oct 2023 TON Diamonds

3

2.2. Main drivers

TON Ecosystem

TON Diamonds is an integral part of the larger TON Ecosystem, which has recently formed

an official partnership with the Telegram messenger. The goal is to onboard 30% of active

Telegram users to TON in the next 3-5 years, consequently growing the TON Diamonds

community.

Visual Art

TON Diamonds carefully selects the most promising and active artists, providing them with

tools and guidance in the world of Web3. These artists in turn can educate their audience

about blockchain technology, thus inviting more people to the TON Diamonds community.

3. Utility of Glint Coin

3.1. Purchasing NFTs

GLINT grants users the purchasing power for newly released NFTs on the TON Diamonds

Marketplace. Holders of $GLINT can exchange it for NFTs during these events.

3.2. A Marketplace Governed by DAO

GLINT introduces transformative powers by shifting decision-making from a centralized

team to a Decentralized Autonomous Organization (DAO). This allows the community to

make decisions through voting, ensuring a more inclusive and democratic approach.

3.3. Profit Sharing

GLINT holders benefit from a share of 22% of TON Diamonds marketplace profits,

distributed quarterly. This financial incentive aligns the interests of GLINT holders with the

success of the platform.

3.4. Staking and Influence

GLINT can be staked, and the more GLINT you own, the greater your influence within the

platform. This influence extends to decision-making and governance.

TON Diamonds Litepaper / Oct 2023 TON Diamonds

4

4. Token Economics

Allocation Percentage Tokens Comments

First farming season:

TON Diamonds NFT

owners

22% 4,840,000 Gradually distributed

through a farming mechanic

until Dec 1, 2023

Second farming

season: TON

Diamonds NFT

owners

22% 4,840,000 Gradually distributed during

the period to be announced

in 2024

DEX supply 11% 2,420,000 No Lock Up, 100% on TGE

Team 22% 4,840,000 Lock Up Until Q1 2024

Burn collateral 11% 2,420,000 Reserved to exchange for

burning TON Diamonds NFT

Staking rewards 12% 2,640,000 Reserved for staking

rewards under lock-up.

Total 100% 22,000,000

Farming. Through this mechanic, TON Diamonds NFT holders can receive Glint Coin daily

just by holding the NFT(-s) in their wallets. Each NFT has a specific farming speed based on

its size and rarity. Glint Coin received through farming is first deposited into users’ profiles

on the TON Diamonds website, and can then be withdrawn to a wallet.

Burning TON Diamonds NFT will occur by transferring the NFT to a special smart contract

(to be developed later). By doing this, the holder will instantly receive a certain amount of

$GLINT that this NFT is supposed to farm during the current farming season. The burned

TON Diamonds NFT becomes a property of the TON Diamonds platform and will be later

returned to the market. A more detailed description of this mechanic will be announced in

Q4 2023.

5. Roadmap

All utilities listed in Section 3 will be fulfilled during the current and the following years.

TON Diamonds Litepaper / Oct 2023 TON Diamonds

5

6. Team

Vladimir Makhov

Founder of TON Diamonds

Co-founder of TON Apps, TON News

Ex-Head of VK Dating

Andrei Blinov

CPO of TON Diamonds

Serial tech entrepreneur

Senior Software Engineer

Tim

Senior Blockchain Developer

Maks

Senior Frontend Developer

Alexander

Senior Product Designer

Margo

Senior PR and Project Manager

Yana

Senior Community Lead

7. Community

Telegram Twitter Instagram

8. Disclaimers

Information provided in this litepaper is for general informational purposes only. The

content is not intended to constitute legal, financial, or professional advice. Please consult

with qualified professionals for advice tailored to your specific situation.

Investing in cryptocurrencies, NFTs, or any other digital assets involves risk, and past

performance is not indicative of future results. Make informed investment decisions after

thorough research and consider your risk tolerance. We do not endorse or recommend any

specific investments.

Regulations regarding cryptocurrencies and digital assets vary by jurisdiction. Ensure

compliance with your local laws and regulations before engaging in any activities related to

TON Diamonds Litepaper / Oct 2023 TON Diamonds

6

cryptocurrencies, NFTs, or blockchain technology.

We provide this information "as is" without any representations or warranties, express or

implied. We make no guarantees regarding the availability, accuracy, or functionality of this

platform or its content.

GLINT issuance is organized by Glints Ltd, reg. no.: 238464, registered office: House of

Francis, Room 303, Ile Du Port, Mahe, Seychelles.

9. Representations and acknowledgements.

The user is purchasing GLINT for his personal use and not as a nominee, agent, or with the

intent of resale. The Buyer has no immediate plans to distribute the acquired Tokens.

Eligibility: The user is not a "United States person" or a person from an excluded country as

defined by Regulation S of the Securities Act. The Buyer is also not a citizen or resident of

any region where participation is prohibited by local laws or regulations.

Anti-Terrorism Compliance: The user is not acting on behalf of terrorists or terrorist

organizations, and they are not associated with individuals or entities listed on the List of

Specially Designated Nationals and Blocked Persons maintained by the U.S. Treasury

Department's Office of Foreign Assets Control.

Legitimate Funds: The funds used for purchasing GLINT do not originate from unlawful

activities, including money laundering or terrorist financing. The user commits not to

employ GLINT to support illegal activities and will adhere to anti-money laundering and

counter-terrorism financing regulations.

No Politically Exposed Persons: The user is not representing a politically exposed person or

senior figure within a government, senior official of a major political party, or senior

executive of a government-owned corporation. The user does not have any direct or close

associations with such individuals.

Compliance with Laws: The user affirms that their actions under this agreement will not

violate applicable laws, result in the breach of contracts, or impose liens or suspensions on

their assets or authorizations.

Tax Responsibility: The user is responsible for identifying applicable taxes related to

acquired tokens, as well as for withholding, collecting, reporting, and remitting these taxes

to the appropriate authorities. TON Diamonds does not assume any tax-related

responsibilities.

Non-Registration: The user acknowledges that no prospectus or disclosure document has

been registered with any regulatory authority or government body regarding GLINT.

TON Diamonds Litepaper / Oct 2023 TON Diamonds

7

Tokens Not Securities: The user understands that tokens are not considered securities and

that their offer and sale have not been registered under any jurisdiction's securities laws.

Token Documentation: The user acknowledges that tokens may carry certain rights as

expressed in this Litepaper.

Ownership Rights: The user understands that owning GLINT does not confer any ownership

rights in TON Diamonds. These rights include but are not limited to stakes, shares,

securities, or entitlements to future revenue, unless explicitly outlined in this Litepaper.

TON Diamonds Litepaper / Oct 2023 TON Diamonds