Singapore-based company called off blue diamond initial coin offering

Vastavam web: A Singapore-based company has called off a 2 million initial coin offering backed by a 2.08-carat blue diamond that gave investors a chance at a raffle for a luxury dinner.The event’s organizer, V Diamonds, said that it would process thousands of refunds for investors who bought tokens for an ownership stake in the ring.V Diamonds’ founder Ville Oehman agreed to buy the ring and dinner from the Russia-based World of Diamonds Group as part of a wider promotion. In November he began selling the tokens for 2 or more.