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With millions of carats of rare gems, NYBlue announced the launch of the RWAToken.
Australian gemstone company NYBlue Pty Ltd has become a key player in influencing the value of the global gemstone market. The company's strategic plan involves controlling the supply of global blue zircon, a move that is expected to reshape the value positioning of the global gemstone market.
Earlier this month, the company released its White Paper, which introduced the current Token pre-sale situation and the Token public sale rules that will follow. It is worth mentioning that prior to this, NYBlue announced that it currently holds over one million carats of this rare gemstone (blue zircon).
NYBlue's main strategy is to systematically increase its current holdings of gemstones, establish control over the gemstone supply chain by continuously acquiring all available Cambodian blue zircon, and thus influence the future value of gemstones.
Earlier today, company representatives were interviewed on the CryptoBanters Town Hall podcast, announcing the launch of their RWA Token ZIRC presale.
In a video released by NYBlue, there is a question: 'What kind of expression of love is more appropriate for your other half; a compressed ordinary carbon (referring to BCD), or an item that is older, rarer, and twice as brilliant as BCD (zirconia)?'
Mitch Brownlie, the major shareholder of NYBlue, said, "We believe that Cambodian blue zircon is one of the most unique, undervalued and overlooked gems in the global market."
Australian company NYBlue is supported by funding from Mitch Brownlie, founder of Australian agricultural technology and former political advisor. He recently discussed the project on multiple podcasts and often compared the NYBlue project to the previous gemstone boom, such as the case of the African gemstone 'Tanzanite' which rose from obscurity and eventually became comparable to BCD.
Tanzanite Spot Price: Inspired by NYBlue
The tanzanite price has experienced a tenfold rise in three years, and NYBlue draws inspiration from the historical trajectory of the tanzanite market, expecting a similar rising trend for blue zircon.
NYBlue previously announced plans to launch a Cryptocurrency supported by gemstones, with the Token name ZIRC, each Token fully backed and redeemable by one carat of blue zircon. This approach allows consumers to potentially benefit from the appreciation of blue zircon without the risk of traditional Crypto asset fluctuations. ZIRC Token holders can choose to convert their Cryptocurrency to gemstones at any time, ensuring a stable, Arbitrage-driven link between these two assets. This strategic integration of blockchain technology not only enhances transparency and security, but also allows consumers to have broader access to the unique field of international gem trading.
NYBlue aims to acquisition the majority of globally available gem-grade blue zircon, making it a dominant force in the market. This move aims to exert influence on the Supply Chain, thus causing a chain reaction in the market value of blue zircon in the entire industry.
NYBlue's strategic moves are not shortsighted, but rather an ambitious long-term goal to gain control in the billion-dollar gemstone market. With a gemstone collection worth around 300 million US dollars, NYBlue hopes to redefine the narrative of gemstones globally. This will position the company as a significant player in the gemstone industry and has the potential to influence the industry landscape in the coming years.
Finally, the presale of NYBlue is now live on Zir.co.nz.
About Zirc
The Zirc platform has issued a Cryptocurrency ZIRC fully backed by blue zircon, with each ZIRC Token exchangeable for one carat of blue zircon, providing a stable and tangible asset. The platform aims to integrate blockchain technology to enhance transparency and security, allowing everyone to participate in the gemstone market without the risks associated with traditional Cryptocurrency. Zirc's approach makes the acquisition of blue zircon more accessible and provides a unique investment opportunity based on real assets.