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Brisbane, Australia, August 7th, 2024, Chainwire
Australian gemstone company <a href="http://nyblue.com" rel="noopener noreferrer nofollow" target="_blank">NYBlue Pty Ltd</a> has emerged as a key player working to redefine the global gemstone market. The company’s strategic venture involves a plan to secure control over the world’s blue zircon supply, a move that holds the potential to reshape the value dynamics of the global gemstone market.&nbsp;
Previously this month, the company released its <a href="https://www.zir.co.nz/WhitePaper.pdf" rel="noopener noreferrer nofollow" target="_blank">whitepaper</a>, detailing its current pre-sale and subsequent public float of its ‘real world asset’ cryptocurrency, following its announcement of <a href="https://canadianjeweller.com/nyblue-pty-ltd-spearheads-global-acquisition-of-rare-cambodian-blue-zircon-eyeing-market-leadership/" rel="noopener noreferrer nofollow" target="_blank">holdings of more than one million carats</a> of the rare gemstone.
NYBlue’s primary strategy lies in systematically increasing its current holdings, to continue acquiring all available Cambodian blue zircons, establishing control over the supply chain and potentially influencing the future value of these precious stones.
Earlier today company representatives were <a href="https://x.com/Crypto_TownHall" rel="noopener noreferrer nofollow" target="_blank">interviewed on CryptoBanters’ Town Hall podcast</a>, to announce the launch of their RWA token pre-sale which has garnered considerable interest from the crypto community since being announced earlier this year.
A video released by NYBlue questions rhetorically “What would be a more appropriate display of affection, for your significant other; a piece of <a href="https://www.scientificamerican.com/article/how-can-graphite-and-diam/" rel="noopener noreferrer nofollow" target="_blank">compressed, common, carbon</a>, or instead something more<a href="https://www.livescience.com/43584-earth-oldest-rock-jack-hills-zircon.html" rel="noopener noreferrer nofollow" target="_blank"> ancient than Earth,</a> <a href="https://www.researchgate.net/figure/A-Location-of-various-alluvial-zircon-deposits-in-Cambodia-and-Vietnam-within-SouthEast_fig1_330819558" rel="noopener noreferrer nofollow" target="_blank">exceedingly rare,</a> and<a href="https://snr.unl.edu/data/geologysoils/birthstones/zircon.aspx" rel="noopener noreferrer nofollow" target="_blank"> twice as brilliant as diamond</a>?&nbsp;
<blockquote>
 NYBlue majority shareholder, <a href="https://au.linkedin.com/in/mitch-brownlie" rel="noopener noreferrer nofollow" target="_blank">Mitch Brownlie</a> has stated “We believe that Cambodian blue zircon deserves recognition as one of the most extraordinary, underappreciated and undervalued gemstones on the market”&nbsp;
</blockquote>
<img decoding="async" src="https://www.ethnews.com/wp-content/uploads/2024/08/AD_4nXcQfpdwZM95-jRRfr3rxIx3IxhOjwqiW2e1MIXSBRNWnx_1720425587TrQOsBY0Zf.jpeg">
The Australian company <a href="http://nyblue.com/" rel="noopener noreferrer nofollow" target="_blank">NYBlue</a>; is financed by Australian AgTech founder &amp; former political advisor; <a href="https://au.linkedin.com/in/mitch-brownlie" rel="noopener noreferrer nofollow" target="_blank">Mitch Brownlie</a>, who has recently discussed the project on <a href="https://www.youtube.com/watch?v=VahiBRDlbvs?t=2656" rel="noopener noreferrer nofollow" target="_blank">various podcasts</a>; often comparing the NYBlue project with a previous gemstone rally; when the African gemstone ‘tanzanite’ surged from obscurity, to reach parity with Diamond.&nbsp;
<img decoding="async" src="https://www.ethnews.com/wp-content/uploads/2024/08/AD_4nXclLTcTlMvZjhgAv8hZIgAQN-XNcL-nK1d6IHhM-mAVlf_172042558715qPuHazEd.jpeg">
Tanzanite Spot Price – An inspiration for NYBlue.
NYBlue draws inspiration from the <a href="https://cove.tt/blogs/news/tanzanite-the-lure-of-scarcity" rel="noopener noreferrer nofollow" target="_blank">historical trajectory of the tanzanite market, where prices experienced a tenfold increase over three years.</a> The company anticipates a similar trajectory for zircons, aligning its strategy with past successes to project a potential surge in value.&nbsp;
NYBlue, has previously announced its plan to launch its gemstone-backed cryptocurrency codenamed <a href="http://zir.co.nz/" rel="noopener noreferrer nofollow" target="_blank">ZIRC</a> where each token is fully backed by and redeemable for a 1-carat blue zircon gemstone. This approach allows consumers to benefit from the rise of blue zircon without the risks of volatility associated with traditional cryptocurrencies. Owners of Zirc tokens will have the option to redeem their cryptocurrency for gemstones at any time, ensuring a stable, arbitrage-enforced peg between the two assets.&nbsp;
NYBlue aims to acquire the majority of globally available gem-quality blue zircons, effectively positioning itself as a dominant force in the market. This approach is designed to exert influence over the supply chain, creating a ripple effect on the market value of blue zircons across the industry.
<a href="http://nyblue.com" rel="noopener noreferrer nofollow" target="_blank">NYBlue’s</a> strategic initiative is not a short-term play; it is an ambitious endgame to secure a controlling stake in the multi-billion-dollar gemstone market. With a collection of gemstones valued at around $300m, NYBlue aspires to redefine the gemstone narrative on a global scale. This venture positions the company as a significant player, with the potential to impact the industry’s landscape for years to come.
In their quest for dominance in the gemstone market, NYBlue has announced a new and highly disruptive initiative; the launch of a blockchain-backed cryptocurrency named ZIRC, with each unit of the blockchain being fully backed by; and redeemable for a 1 carat blue zircon gemstone. This innovative approach allows individuals to participate in the potential rally of blue zircon values, by offering exposure to the underlying commodity without the inherent risks associated with traditional highly volatile cryptocurrencies.
Buyers have the option to redeem their ZIRC tokens for actual gemstones at any time, effectively eliminating the possibility of the token’s value dropping below the market price of the gemstone itself, providing consumers with a tangible and secure asset. This strategic integration of blockchain technology not only enhances transparency and security but also democratises access to the exclusive world of the international gemstone trade.
NYBlue’s PreSale is now live on <a href="http://zir.co.nz/" rel="noopener noreferrer nofollow" target="_blank">Zir.co.nz</a>
<h3 id="strong-about-zirc-strong">About Zirc </h3>
<a href="http://zir.co.nz/" rel="noopener noreferrer nofollow" target="_blank">Zirc</a> offers a cryptocurrency fully backed by blue zircon gemstones. Each ZIRC token is redeemable for a 1-carat blue zircon, providing a stable and tangible asset. The platform aims to integrate blockchain technology to enhance transparency and security, making it accessible for individuals to participate in the gemstone market without the risks associated with traditional cryptocurrencies. Zirc’s approach democratizes access to blue zircons and offers a unique investment opportunity backed by real-world assets.
<h5>Contact</h5>
Director Mitch Brownlie NYBlue Pty Ltd redeem@nyblue.com 
The post <a href="https://www.ethnews.com/australian-firm-nyblue-secures-over-one-million-carats-of-blue-zircon-launches-rwa-token/" rel="noopener noreferrer nofollow">Australian Firm NYBlue Secures Over One Million Carats of Blue Zircon, Launches RWA Token</a> appeared first on <a href="https://www.ethnews.com" rel="noopener noreferrer nofollow">ETHNews</a>.

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

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