$BDE token
$BDE: ownership of the exchange
Each $BDE token is a membership interest in Brilliant Diamond Exchange DAO LLC, the company that runs the provenance registry and the stone markets. Holders own the company, vote on its direction, earn staking rewards, and share in its revenue through distributions. $BDE is a security, offered and traded under securities law.
Key facts
- What it is
- A membership interest (ownership) in Brilliant Diamond Exchange DAO LLC
- What it isn't
- A share of any diamond, or a claim on the stones the DAO stores. Each stone's own token does that.
- Network
- Hedera
- Token ID
- 0.0.5715091
- Maximum supply
- 1,000,000,000 $BDE
- Rights
- Ownership, voting on improvement proposals, staking rewards (7.5% a year in $BDE, guaranteed for the first five years), and distributions from company revenue, as set out in the offering documents
- Who can buy
- Verified accredited investors now, privately under Rule 506(c). Everyone, once our Regulation A offering is qualified
- Transfers
- Restricted. Only between verified wallets, after the restricted period
- Price and terms
- In the private placement memorandum
How holders are paid
Staking rewards. Stake your $BDE to earn 7.5% a year, paid in $BDE from a locked reserve of 150 million tokens. The reward is guaranteed for the first five years; after that it comes from company revenue.
Distributions. The company earns a small fee each time a stone's shares are bought or sold, plus fees for its provenance registry. $BDE holders share in that revenue, after costs and reserves, under the policy in the offering documents. Distributions depend on revenue and aren't guaranteed. Staking and distribution details
Allocation
The supply, allocation and vesting are unchanged. The final allocation and vesting schedule are set out in the offering documents.
| Allocation | Share of supply | $BDE |
|---|---|---|
| Sales to investors | 21.0% | 210,000,000 |
| Ecosystem and partner development | 17.3% | 173,000,000 |
| Staking reserve, for the guaranteed 7.5% reward | 15.0% | 150,000,000 |
| Regulatory and compliance reserve | 15.0% | 150,000,000 |
| Founding team, vesting over several years | 14.7% | 147,000,000 |
| Development team, vesting | 3.5% | 35,000,000 |
| Early team members, vesting | 3.5% | 35,000,000 |
| Long-term reserve, locked through HashioDAO | 10.0% | 100,000,000 |
The regulatory and compliance reserve is held by the DAO to pay for legal work, licensing, registration, audits and other regulatory costs. [Use policy, as written in the offering documents]
Treasury accounts
| Account | Hedera ID |
|---|---|
| Investor pool | 0.0.5715306 |
| Ecosystem pool | 0.0.5715345 |
| Founder pool | 0.0.5715258 |
| Developer pool | 0.0.5795601 |
| Early team pool | 0.0.5795606 |
| Long-term reserve | 0.0.5399237 |
| Staking reserve | [Hedera ID] |
| Regulatory and compliance reserve | [Hedera ID] |
We don't publish price targets or return estimates.