Diamante Blockchain

Early Stage
An ecosystem for payments and financing leveraging proprietary blockchain infrastructure
Overview
$383,108 - RegCF
$1,384,083 - Total
$1,384,083 - Total
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/01/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,038
# of Investors
475
Momentum
Funded
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Year Founded
2018
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Diamante Blockchain, with a $12.5 million valuation cap, is raising funds on Wefunder. The company is leveraging proprietary blockchain infrastructure for payments and financing. The Diamante Ecosystem consists of Diamante Net, PayCircle, DiamCircle, DIAM, CreditCircle, and Diamante Consortium. Dinesh Patel and Chirag Jetani founded Diamante Blockchain in 2018. The current round of crowdfunding has a minimum target of $50,000 and a maximum target of $1,070,000, and the funds will be used for product development and maintenance, admin and operations, marketing and business development, and accounting expenses. Diamante Blockchain aims to deploy its payments solution by April 2021 and expects to generate revenue of over $100 million by 2025.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$0 |
$0 |
COGS |
$0 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-430,605 |
$-632,852 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$45,434 |
$16,639 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$248,098 |
$152,639 |
Short-Term Debt |
$1,043,086 |
$602,021 |
Long-Term Debt |
$0 |
$0 |
Total Liabilities |
$1,043,086 |
$602,021 |
Financials as of: 04/26/2021
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