Fractional Ownership with eCarats

KimberLite makes premium rough diamond investing accessible to everyone through eCarats — fractional tokenized shares of physical rough diamonds.

Instead of needing tens of thousands of dollars to own a full diamond, investors can start with as little as $500. This fractional model democratizes access to a traditionally exclusive asset class while maintaining full legal ownership rights and the potential for significant value appreciation.

Each eCarat represents a proportional share of a real physical rough diamond, securely stored in a Malca-Amit vault in New York. Holders can redeem their tokens for the underlying asset at any time, combining digital convenience with tangible diamond value.

Cannot afford an whole diamond? How about a part of one?

Tokenization enables investors with any budget to purchase a share in one of our luxurious diamonds through the power of 'Fractionalization'.

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eCarat Governance & Voting

Because multiple investors can own shares of the same rough diamond, eCarats include a built-in governance system. All important decisions — such as whether to cut and polish the diamond or sell it — are made collectively through a secure, on-chain voting process using smart contracts.

Key Governance Features:

• One eCarat = One vote

• Any eCarat holder can propose a vote

• Minimum 50% quorum required for a valid vote

• Decisions pass with a simple majority (50% + 1)

• Collective Action Clause (CAC): A supermajority can make binding decisions that apply to all holders, including those who voted against

• Voting window: 7 days

• Parallel voting allowed (different diamonds can be voted on simultaneously)

• KimberLite votes on any unsold eCarats

All eCarats follow identical rules. Voting is restricted to owners of each specific eCarat, ensuring decisions remain with its stakeholders.

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The Voting Process

The eCarat governance system is designed to be transparent, fair, and efficient. Here is how a typical vote unfolds:

1

Proposal Submission

Any eCarat holder can submit a detailed proposal through the KimberLite platform. The proposal must include the diamond ID, proposed action (e.g., cut & polish, sell, or hold), expected timeline, potential outcomes, and the executor responsible for carrying out the decision. A small symbolic fee in $KIMBER is required to prevent spam.

2

Review & Notification

Once submitted, the proposal is automatically published on the platform and all relevant eCarat holders are notified via email, Telegram, and in-app notifications.

3

Voting Period (7 Days)

Holders have a full 7-day voting window to review the proposal and cast their vote. Voting is conducted directly through the KimberLite dashboard using connected wallets. Votes are recorded immutably on the blockchain.

4

Quorum & Result Calculation

At the end of the 7 days, the smart contract automatically checks whether the minimum 50% quorum has been reached. If quorum is met and the proposal receives 50% + 1 of the votes, it passes. If quorum is not reached, the proposal fails.

5

Automatic Execution

Approved proposals are executed automatically by the smart contract where possible, or by the designated executor under legal oversight. All actions and outcomes are recorded transparently on the blockchain for full auditability.

6

Post-Vote Transparency

A detailed report of the voting results, turnout, and final outcome is published and stored permanently. This ensures complete accountability for every decision affecting the diamond.

This robust governance framework empowers eCarat holders with real decision-making power while maintaining efficiency and legal compliance.

eCarat governance is limited to decisions about individual rough diamonds. It does not cover general KimberLite policy or rules that apply to all eCarats.