VRAI CREATED

BITCOIN DIAMOND™

PROGRAM DESCRIPTION, TERMS & CONDITIONS, DISCLAIMERS, FEES

The tradition of high-value gifting is intrinsic to the history of diamonds. With our trademark-pending Bitcoin Diamond™, we have created the modern-day update of this tradition in a way that is a multi-generational store of value tied to an asset of guaranteed limited quantity – while also offering protection against loss or theft, and, yes, a rainy-day fund too.

  

There is no better asset to connect the value of a diamond to than Bitcoin, a commodity that: 

  • is truly and unquestionably scarce and by design limited in quantity, 
  • has a transparent and liquid value, and 
  • has historically seen much stronger value appreciation than mined diamonds.  

  

With a Bitcoin Diamond™, you purchase the combination of a VRAI created diamond and Bitcoins stored by VRAI in the stated amount – offering:  

  

A store of value: With true finite supply, Bitcoin is an asset that can appreciate in value better than a mined diamond whose scarcity is controlled by miners.  

  

A rainy-day fund: Rainy days can happen for all sorts of reasons. Caring to plan for them is true love. The tradition of gifting diamonds was rooted in it. Receive the then current value of the bitcoins stored with your Bitcoin Diamond™ when needed.  

  

Multi-Generational: You may pass it on to heirs over multiple generations and hopefully see continued appreciation of an asset strictly limited in quantity.  

  

Loss or theft protection: In the case of loss of theft, the intangible Bitcoin value provides you with a form of insurance protection by which you can obtain a replacement (see the VRAI Created Bitcoin Diamond™ Program: Terms & Conditions; Fees).  

  

Compare this to buying a mined diamond where there are questions around their provenance, questions around the true scarcity, as well as questions around their future value. Have you ever tried to sell a natural diamond?  

  • For starters, you bought it at retail price, a factor above the wholesale trading price. There’s 60-80% of value loss right there based on this difference.
  • Then wholesale trading is accessible to a tight-knit and murky world of diamond traders only. There is no price transparency and no cash liquidity on the rainy day where you may truly need it.
  • Finally, what if you lose your diamond ring or it is stolen? It would require insuring it and paying the insurance industry every year.  

  

This is why at VRAI, we created a new program that is a much better solution.

Bitcoin Disclaimers

1. Purchase Risk Warning:

As with other commodities such as gold, Bitcoin can be volatile and experience significant price fluctuations over short periods of time. Buying bitcoins involves significant risk and may result in the loss of some or all of your purchase.

2. Security Risk:

Bitcoins are stored in digital wallets or with online services, which are susceptible to hacking, theft, or other cyber threats. Should this happen to VRAI or its service providers, VRAI is not liable for any resulting loss of funds.

3. Not Financial Advice:

The information provided does not constitute financial, investment, or legal advice. Please consult with a qualified financial advisor or professional before making any financial decisions.

4. No Guarantee of Returns:

Past performance of Bitcoin is not indicative of future results. There are no guarantees of profit or success.

5. Regulatory Risks:

Bitcoin regulations vary by country and are subject to change. It is your responsibility to understand and comply with the legal requirements in your jurisdiction.

6. Limited Liability:

We are not responsible for any financial losses incurred as a result of purchasing  Bitcoins. All transactions are conducted at your own risk.

7. Personal Responsibility:

You are solely responsible for conducting your own research, evaluating the risks, and making informed decisions before purchasing Bitcoins.

8. Bitcoin Service Provider Legal

All legal terms and conditions of Coinbase, or equivalent service provider identified at the time of purchase, are included by reference as it pertains to the purchase, risks, and management of Bitcoins.

The VRAI Created Bitcoin Diamond™ Program: Terms & Conditions and Fees

The following details the specific terms & conditions and fees of the VRAI Created Bitcoin Diamond™ program (the “Program”) by VRAI Jewelry LLC (“VRAI”) which you are signing up to by purchasing a VRAI Created Bitcoin Diamond™. In addition, by using this site” you acknowledge and agree to our Privacy Policy and TERMS OF USE, which apply to your use of our site and related services.

By purchasing a VRAI Created Bitcoin Diamond™, you purchase the (by default) inseparable combination of a VRAI Created Diamond plus a quantity of Bitcoins in the amount stated during the purchase and on the VRAI Created Bitcoin Diamond’s certificate; and you engage VRAI and its service providers to purchase and store the Bitcoins on your behalf.    

  

Purchase & storage: VRAI will purchase Bitcoins for the USD value stated on the certificate no later than 30 (thirty) days following the purchase and hold the Bitcoins in a VRAI dedicated account with Coinbase or similar service provider. VRAI uses services such as Coinbase to transact and store Bitcoins but cannot and does not guarantee optimal execution.  All applicable legal terms of Coinbase will be back-to-back and are included by reference with VRAI’s legal terms and conditions. User Agreement - Coinbase  

  

Upon purchase of a VRAI Created Bitcoin Diamond™, VRAI will issue a certificate stating the products purchased and the Bitcoin value stored with the VRAI Created Bitcoin Diamond™. This certificate will serve as the title to realize the return value with VRAI along with customary proof of purchase.    

  

Return case: Upon return of the VRAI Created Bitcoin Diamond™ together with the certificate and proof of purchase, VRAI will return the then current [US dollar equivalent] value of the Bitcoins, payable in cash or by credit card reimbursement 30 (thirty) days thereafter, less applicable taxes and Fees. The US dollar return value will be as transacted on Coinbase (or equivalent service provider) website on the date of return acceptance.  
  

  

In case of inheritance, your legal heirs may retrieve the value in the same way as the original purchaser upon loss or return.  

  

In case of theft or loss of your VRAI diamond jewelry with a VRAI Created Bitcoin Diamond™, you may submit a certificate of loss to VRAI along with a police report filed and use your then current Bitcoin value in US dollars to obtain replacement diamonds or diamond jewelry from VRAI.  
  

  

Fees: The Bitcoins are stored by VRAI with service providers such as Coinbase chosen at VRAI´s sole discretion. Any customary transaction fees from such services will be passed through in full without markup. In addition, a non-refundable annual maintenance fee is charged by VRAI for program maintenance in the amount of 2% of the US dollar value stored in Bitcoins at the time of purchase.  

  

U.S. Only. VRAI Created Bitcoin Diamonds are offered in the United States of America only as part of the Program and purchase of VRAI jewelry on VRAI’s U.S. website or in VRAI’s U.S. retail stores.  

  

General Legal: These terms and conditions apply to the VRAI Web site located at www.vrai.com, and all associated Web sites linked to www.vrai.com by VRAI, its subsidiaries and affiliates, including VRAI's sites around the world (collectively 'the Site'). Please read these terms and conditions (the 'Terms and Conditions') carefully. BY VISITING AND/OR USING THE SITE IN ANY WAY, SUCH AS BROWSING PRODUCTS OR PLACING AN ORDER, YOU AGREE TO BE BOUND BY THESE TERMS AND CONDITIONS. Please read these Terms and Conditions carefully. If you do not wish to be bound by these Conditions, do not access or use the VRAI Site.   

 

NOTE: THESE TERMS CONTAIN A DISPUTE RESOLUTION AND ARBITRATION PROVISION, INCLUDING CLASS ACTION WAIVER, THAT AFFECTS YOUR RIGHTS UNDER THESE TERMS AND WITH RESPECT TO DISPUTES YOU MAY HAVE WITH VRAI. YOU MAY OPT OUT OF THE BINDING INDIVIDUAL ARBITRATION AND CLASS ACTION WAIVER AS STATED IN THE DISPUTES, ARBITRATION, MASS ARBITRATION, AND CLASS ACTION/JURY WAIVER SECTION.  

    

VRAI may discontinue the Program at any time in its sole discretion by distributing either the Bitcoins or their then current US dollar value equivalent to existing participants.  

  

Limitation of Liability. This section operates in addition to any limitation of liability or warranties expressed elsewhere on the VRAI website.  

  

VRAI is not liable for any loss, including, for example, a loss of property, profits, revenues, business opportunities, goodwill, or anticipated savings made in reliance on the Program or any services provided by VRAI. We are also not liable for indirect or consequential losses, nor are we liable for punitive damages. This limitation of liability extends to our officers, directors, agents, joint venturers, employees, and representatives. VRAI disclaims all liability for third-party services, including Coinbase or equivalent service providers.  

WE MAKE NO WARRANTIES OR REPRESENTATIONS, EXPRESS OR IMPLIED, ABOUT THIRD PARTY SERVICES, THE THIRD PARTIES THEY ARE OWNED AND OPERATED BY, THE INFORMATION CONTAINED ON THEM, ASSETS AVAILABLE THROUGH THEM, OR THE SUITABILITY, PRIVACY, OR SECURITY OF THEIR PRODUCTS OR SERVICES.   

  

  

Last revised on September 18, 2025