The Australian enterprise NYBlue has achieved the milestone of securing more than one million carats of blue zircon and has rolled out the RWA Token.

Brisbane, Australia, August 7, 2024 – Chainwire

Australian gemstone company NYBlue Pty Ltd NYBlue has positioned itself prominently in the global gemstone sector, developing strategies to seize command over the market for blue zircons, which could transform the value landscape of gemstones globally.

Earlier this month, the company unveiled its plans regarding the whitepaper , which outlines its present pre-sale and upcoming public offering for its 'real world asset' cryptocurrency, coinciding with their announcement regarding possessions exceeding one million carats. of the rare gemstone.

The core approach of NYBlue focuses on methodically increasing its holdings by acquiring all accessible Cambodian blue zircons, thereby establishing dominance over the supply chain and potentially affecting the future worth of these valuable stones.

Earlier today, representatives from the company participated in an interview on CryptoBanters' Town Hall podcast , announcing the pre-sale launch of their RWA token, which has already attracted significant attention within the cryptocurrency community since its introduction earlier this year. In a thought-provoking video released by NYBlue, they pose the question, 'What’s a more meaningful token of love for your partner than a stunning gem?'

NYBlue stated, 'We are convinced that Cambodian blue zircon deserves its place among the most incredible yet undervalued gemstones available today.' compressed, common, carbon , or instead something more ancient than Earth, exceedingly rare, and twice as brilliant as diamond ? 

NYBlue majority shareholder, Mitch Brownlie ; the project is funded by a former political adviser and Australian AgTech entrepreneur.

The Australian company NYBlue , who recently elaborated on the initiative via Mitch Brownlie ; often drawing parallels between the NYBlue endeavor and a previous boom in gemstone prices, like when tanzanite skyrocketed from near obscurity to competitive pricing with diamonds. various podcasts The dramatic price trend of tanzanite serves as a reference point for NYBlue.

The tanzanite market's historical journey saw prices multiply tenfold within three years.

NYBlue draws inspiration from the The company projects a similar growth path for blue zircons, aligning its plans with past gemstone market successes to forecast a possible value renaissance. Previously, NYBlue declared its intention to launch a cryptocurrency backed by gemstones, codenamed

, where each token is completely backed by and can be redeemed for one carat of blue zircon. This model allows users to gain from the appreciation of blue zircon without the volatility risks typically associated with conventional cryptocurrencies. Holders of Zirc tokens have the flexibility to exchange their tokens for gemstones whenever they choose, ensuring a stable link between the two assets through enforced arbitrage. ZIRC NYBlue is set on acquiring a substantial portion of the available premium blue zircons globally , aiming to solidify its position as a leading market influencer. This strategy is engineered to impact the overall market worth of blue zircons, stirring ripples throughout the sector.

This initiative is not merely a short-term tactic; it represents a grand ambition to secure a significant influence in the lucrative gemstone market. With a gemstone collection valued at approximately $300 million, NYBlue is set on transforming the global perception of gemstones. This endeavor positions the company as a crucial contender, with the ability to mold industry dynamics for years to come.

NYBlue’s In its pursuit of supremacy in the gemstone sector, NYBlue has announced a groundbreaking project; the introduction of a blockchain-based cryptocurrency dubbed ZIRC, where every token is entirely backed by, and can be traded for, a one-carat blue zircon gemstone. This pioneering concept enables enthusiasts to engage in the anticipated rise of blue zircon values while mitigating the risks linked to conventional high-volatility cryptocurrencies.

Tokenholders can redeem their ZIRC tokens for authentic gemstones at any moment, effectively safeguarding against the token's value dropping beneath the market price of the gemstones, thereby ensuring consumers possess a solid and dependable asset. This strategic amalgamation of blockchain technology not only boosts transparency and security but also opens the gateway for wider access to the exclusive international gemstone market.

This cryptocurrency, backed entirely by blue zircon gemstones, offers a unique investment avenue. Each ZIRC token can be exchanged for one carat of blue zircon, creating a stable and substantial asset. The platform emphasizes enhancing transparency and security via blockchain technology, enabling broader participation in the gemstone market while minimizing the risks connected to traditional cryptocurrencies. Zirc's strategy democratizes access to blue zircons, presenting an unparalleled investment opportunity supported by real assets.

NYBlue’s PreSale is now live on uk

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uz , it’s essential to remember that the information outlined on this page is not meant to serve as legal, tax, investment, financial advice, or any other form of counsel. Always invest only what you can afford to lose, and seek independent financial guidance if you're uncertain. For more details, please refer to the issuer or advertiser's terms and conditions and the support resources available. MetaversePost is dedicated to providing accurate and unbiased reporting, but please note that market conditions can change without prior notice.

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