Custody and insurance

Where the stones are kept

Brilliant Diamond Exchange DAO LLC stores and insures every stone in a secure vault, and holds it for the stone's token holders.

How we store and protect each stone

Segregated storage, with separate records for each stone and its token holders.
A custody agreement stating that the DAO holds each stone for its token holders, and that the stones aren't DAO assets. [Counsel to draft]
Strict access controls and round-the-clock monitoring.
Insurance against theft, loss and damage, protecting the stone's token holders.
Periodic independent inspections that confirm each stone is present and matches its GIA report.
Custody and inspection records, written into each stone's registry history on Hedera.

Vault: [Vault provider and location]
Insurer: [Insurer and coverage]
Inspections: [Inspector and schedule]
Costs: [Paid by the DAO from its revenue, or from a reserve set aside in each offering]