Diamante Blockchain on Wefunder

Blockchain / By
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Platform

Wefunder

Start Date

04/26/2021

Close Date

04/30/2022

Min. Goal

$50,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Valuation Cap

$12,500,000

Discount Rate

0%

Rolling Commitments $

Status

Active

Reporting Date

04/27/2021

Days Remaining

368

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max

Avg. Daily Raise

$0

Momentum

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Location

Lenexa, Kansas

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

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.

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