Brisbane, Australia, 7 August 2024, Chainwire
Australian gem firm NYBlue Pty Ltd has emerged as a key participant working to redefine the worldwide gem market. The corporate's strategic enterprise features a plan to safe management of the world's blue zircon provide, a transfer that has the potential to reshape the worth dynamics of the worldwide gemstone market.
Earlier this month, the corporate launched its whitepaper detailing the present pre-sale and subsequent public sale of the “actual world asset” cryptocurrency after saying its holdings of multiple million carats of the uncommon gem.
NYBlue's main technique is to systematically enhance its present holdings, proceed to accumulate all out there Cambodian blue zircons, set up management over the availability chain and probably affect the longer term worth of those gem stones.
Earlier at present, firm representatives had been interviewed on the CryptoBanters' City Corridor podcast to announce the launch of a presale for his or her RWA tokens, which have generated important curiosity from the crypto group since their announcement earlier this 12 months.
A video launched by NYBlue rhetorically questions, “What can be a extra applicable show of affection in your important different; a lump of compressed, strange carbon, or as a substitute one thing older than Earth, exceedingly uncommon and twice as good as a diamond?
NYBlue's majority shareholder, Mitch Brownlie, said: “We imagine Cambodia Blue Zircon deserves recognition as one of the vital uncommon, underappreciated and undervalued gem stones in the marketplace”
Australian firm NYBlue; is funded by an Australian AgTech founder and former political advisor; Mitch Brownlie, who has just lately mentioned the undertaking on varied podcasts; typically compares the NYBlue undertaking to a earlier gem gathering; when the African gemstone “Tanzanite” emerged from obscurity to attain parity with the diamond.
Tanzanite Spot Worth – Inspiration for NYBlue.
NYBlue attracts inspiration from the historic trajectory of the tanzanite market, the place costs have seen a tenfold enhance in three years. The corporate anticipates the same trajectory for zircons and is aligning its technique with previous successes to anticipate the potential enhance in worth.
NYBlue beforehand introduced its plan to launch its gem-encrusted cryptocurrency codenamed ZIRC, the place every token is absolutely backed and exchangeable for a 1 carat blue zircon gemstone. This method permits shoppers to learn from the rise of blue zircon with out the chance of volatility related to conventional cryptocurrencies. House owners of Zirc tokens will be capable to change their cryptocurrency for treasured stones at any time, offering a secure, arbitrage-enforced hyperlink between the 2 belongings.
NYBlue goals to supply nearly all of gem-quality blue zircons out there globally, successfully positioning itself because the dominant pressure available in the market. This method is designed to affect the availability chain, making a ripple impact in the marketplace worth of blue zircons throughout the trade.
NYBlue's strategic initiative isn’t a short-term play; it's an bold purpose to safe a controlling stake within the multi-billion greenback gemstone market. With a gem assortment price round $300 million, NYBlue goals to redefine the gem story on a world scale. This enterprise positions the corporate as a serious participant with the potential to affect the trade panorama for years to come back.
In its quest to dominate the gemstone market, NYBlue has introduced a brand new and extremely disruptive initiative; the launch of a blockchain-backed cryptocurrency known as ZIRC, with every unit of the blockchain absolutely supported; and could be exchanged for a 1 carat blue zircon gem. This revolutionary method permits people to take part within the potential enhance in blue zircon values by providing publicity to the underlying commodity with out the inherent dangers related to conventional extremely risky cryptocurrencies.
Patrons have the power to change their ZIRC tokens for actual gems at any time, successfully eliminating the potential of the token's worth falling beneath the market value of the gem itself, offering shoppers with a tangible and secure asset. This strategic integration of blockchain know-how not solely will increase transparency and safety, but in addition democratizes entry to the unique world of the worldwide gemstone commerce.
The NYBlue pre-sale is now stay at Zir.co.nz
About Zirc Zirc affords a cryptocurrency absolutely lined with blue zircon gems. Every ZIRC token could be exchanged for a 1 carat blue zircon, offering a secure and tangible asset. The platform goals to combine blockchain know-how to extend transparency and safety and make it accessible to people to take part within the gemstone market with out the dangers related to conventional cryptocurrencies. Zirc's method democratizes entry to blue zircons and affords a novel funding alternative backed by real-world belongings.
ContactDirectorMitch BrownlieNYBlue Pty Ltdredeem@nyblue.com
This text was initially printed on Chainwire
