Diamante Blockchain

Early Stage

An ecosystem for payments and financing leveraging proprietary blockchain infrastructure

Analytics

Raised to Date:
$208,893 - RegCF
$660,143 - Total

Aggregate Commitments $

Platform

Wefunder

Start Date

04/26/2021

Close Date

05/01/2022

Min. Goal

$50,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF / RegD 506(c)

Series

Seed

Valuation Cap

$12,500,000

Discount Rate

25%

Rolling Commitments $

Status

Active

Reporting Date

11/28/2021

Days Remaining

154

% of Min. Goal

418%

% of Max. Goal

20%

Likelihood of Max
unlikely
Avg. Daily Raise

$967

Momentum
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Location

Lenexa, Kansas

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Business Type

High Growth

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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Diamante Blockchain on Wefunder
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Platform: Wefunder
Security Type: SAFE
Valuation: $12,500,000

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