Brisbane, Australia, August seventh, 2024, Chainwire
Australian gemstone firm NYBlue Pty Ltd has emerged as a key participant working to redefine the worldwide gemstone market. The corporate’s strategic enterprise includes a plan to safe management over the world’s blue zircon provide, a transfer that holds the potential to reshape the worth dynamics of the worldwide gemstone market.
Beforehand this month, the corporate launched its whitepaper, detailing its present pre-sale and subsequent public float of its ‘actual world asset’ cryptocurrency, following its announcement of holdings of more than one million carats of the uncommon gemstone.
NYBlue’s main technique lies in systematically rising its present holdings, to proceed buying all out there Cambodian blue zircons, establishing management over the provision chain and probably influencing the long run worth of those valuable stones.
Earlier at present firm representatives had been interviewed on CryptoBanters’ Town Hall podcast, to announce the launch of their RWA token pre-sale which has garnered appreciable curiosity from the crypto neighborhood since being introduced earlier this yr.
A video launched by NYBlue questions rhetorically “What could be a extra acceptable show of affection, in your important different; a chunk of compressed, common, carbon, or as an alternative one thing extra ancient than Earth, exceedingly rare, and twice as brilliant as diamond?
NYBlue majority shareholder, Mitch Brownlie has acknowledged “We consider that Cambodian blue zircon deserves recognition as some of the extraordinary, underappreciated and undervalued gems in the marketplace”
The Australian firm NYBlue; is financed by Australian AgTech founder & former political advisor; Mitch Brownlie, who has just lately mentioned the undertaking on various podcasts; usually evaluating the NYBlue undertaking with a earlier gemstone rally; when the African gemstone ‘tanzanite’ surged from obscurity, to succeed in parity with Diamond.
Tanzanite Spot Value – An inspiration for NYBlue.
NYBlue attracts inspiration from the historical trajectory of the tanzanite market, where prices experienced a tenfold increase over three years. The corporate anticipates an analogous trajectory for zircons, aligning its technique with previous successes to undertaking a possible surge in worth.
NYBlue, has beforehand introduced its plan to launch its gemstone-backed cryptocurrency codenamed ZIRC the place every token is absolutely backed by and redeemable for a 1-carat blue zircon gemstone. This method permits customers to learn from the rise of blue zircon with out the dangers of volatility related to conventional cryptocurrencies. Homeowners of Zirc tokens could have the choice to redeem their cryptocurrency for gems at any time, making certain a steady, arbitrage-enforced peg between the 2 belongings.
NYBlue goals to amass the vast majority of globally out there gem-quality blue zircons, successfully positioning itself as a dominant drive available in the market. This method is designed to exert affect over the provision chain, making a ripple impact in the marketplace worth of blue zircons throughout the business.
NYBlue’s strategic initiative just isn’t a short-term play; it’s an formidable endgame to safe a controlling stake within the multi-billion-dollar gemstone market. With a group of gems valued at round $300m, NYBlue aspires to redefine the gemstone narrative on a worldwide scale. This enterprise positions the corporate as a major participant, with the potential to influence the business’s panorama for years to come back.
Of their quest for dominance within the gemstone market, NYBlue has introduced a brand new and extremely disruptive initiative; the launch of a blockchain-backed cryptocurrency named ZIRC, with every unit of the blockchain being absolutely backed by; and redeemable for a 1 carat blue zircon gemstone. This progressive method permits people to take part within the potential rally of blue zircon values, by providing publicity to the underlying commodity with out the inherent dangers related to conventional extremely risky cryptocurrencies.
Consumers have the choice to redeem their ZIRC tokens for precise gems at any time, successfully eliminating the potential for the token’s worth dropping under the market value of the gemstone itself, offering customers with a tangible and safe asset. This strategic integration of blockchain expertise not solely enhances transparency and safety but additionally democratises entry to the unique world of the worldwide gemstone commerce.
NYBlue’s PreSale is now stay on Zir.co.nz
About Zirc
Zirc provides a cryptocurrency absolutely backed by blue zircon gems. Every ZIRC token is redeemable for a 1-carat blue zircon, offering a steady and tangible asset. The platform goals to combine blockchain expertise to boost transparency and safety, making it accessible for 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 provides a singular funding alternative backed by real-world belongings.
Contact
Director
Mitch Brownlie
NYBlue Pty Ltd
[email protected]
