Australian Agency NYBlue Secures Over One Million Carats of Blue Zircon, Launches RWA Token

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 entails 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 a couple of million carats of the uncommon gemstone.

NYBlue’s major technique lies in systematically growing its present holdings, to proceed buying all accessible Cambodian blue zircons, establishing management over the availability chain and probably influencing the longer term worth of those treasured stones.

Earlier at present firm representatives have been interviewed on CryptoBanters’ City Corridor podcast, to announce the launch of their RWA token pre-sale which has garnered appreciable curiosity from the crypto group since being introduced earlier this 12 months.

A video launched by NYBlue questions rhetorically “What could be a extra applicable show of affection, in your important different; a bit of compressed, frequent, carbon, or as a substitute one thing extra historic than Earth, exceedingly uncommon, and twice as good as diamond?

NYBlue majority shareholder, Mitch Brownlie has acknowledged “We consider that Cambodian blue zircon deserves recognition as one 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 not too long ago mentioned the challenge on varied podcasts; usually evaluating the NYBlue challenge with a earlier gemstone rally; when the African gemstone ‘tanzanite’ surged from obscurity, to succeed in parity with Diamond.

Tanzanite Spot Worth – An inspiration for NYBlue.

NYBlue attracts inspiration from the historic trajectory of the tanzanite market, the place costs skilled a tenfold enhance over three years. The corporate anticipates an analogous trajectory for zircons, aligning its technique with previous successes to challenge 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 may have the choice to redeem their cryptocurrency for gems at any time, guaranteeing a steady, arbitrage-enforced peg between the 2 belongings.

NYBlue goals to accumulate nearly all of globally accessible gem-quality blue zircons, successfully positioning itself as a dominant drive available in the market. This method is designed to exert affect over the availability 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 set of gems valued at round $300m, NYBlue aspires to redefine the gemstone narrative on a world scale. This enterprise positions the corporate as a major participant, with the potential to affect the business’s panorama for years to return.

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 revolutionary 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 of the token’s worth dropping under the market worth of the gemstone itself, offering customers with a tangible and safe asset. This strategic integration of blockchain know-how 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 gives 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 know-how 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 gives a singular funding alternative backed by real-world belongings.

ContactDirectorMitch BrownlieNYBlue Pty Ltdredeem@nyblue.com

This text was initially revealed on Chainwire