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The World’s First Diamond-Backed Cryptocurrency Is Here

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It’s called PinkCoin.

The world’s first diamond-backed cryptocurrency, PinkCoin, will go on sale beginning Jan. 18, according to Rapaport. PinkCoin, the report adds, is backed by colored diamonds, which the founders of the cryptocurrency claim have not lost value since tracking began in 1959 and have been independently certified and appraised. The initial public sale of PinkCoins will be based on an “asset pool” of colored diamonds worth $5 million. Once sold, PinkCoins will be able to be traded for Bitcoins or even individual gems from the asset pool.

Read more at Rapaport

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Wilkerson Takes the Worry Out of Closing

MSG Jewelers has always treated its customers like family. When owner Mike George decided to retire and close the doors of his St. Louis, Missouri jewelry store, he selected a company to manage his going-out-of-business sale that treats its customers like family, too. That’s why he chose Wilkerson. “Wilkerson was able to do all the things that we needed,” says George. In the end, the bittersweet store closing was so much easier with Wilkerson at the helm. From marketing to pricing to inventory, Wilkerson does it all. “It’s a package deal,” says George.

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