With a million carats of rare gemstones, NYBlue Company announces the launch of the RWA token

The Australian gemstone company NYBlue Pty Ltd has become a key player influencing the global gemstone market value. The company's strategic plan involves controlling the supply of blue zircon globally, a move that is expected to reshape the value positioning of the global gemstone market.

Earlier this month, the company released a white paper detailing the current token presale situation and the subsequent public sale details. Notably, NYBlue has previously announced that it currently holds over one million carats of this rare gemstone (blue zircon).

NYBlue's main strategy is to systematically increase its current gemstone holdings by continuously acquiring all available Cambodian blue zircon, thereby establishing control over the gemstone supply chain and influencing the future value of gemstones.

Earlier today, a company representative was interviewed on the CryptoBanters Town Hall podcast, announcing the launch of their RWA token ZIRC presale.

In a video released by NYBlue, a question was posed: "For your significant other, what expression of love is more appropriate; a compressed ordinary carbon (referring to diamonds), or a much older and rarer item that is twice as brilliant as diamonds (zircon)?"

NYBlue's major shareholder Mitch Brownlie stated, "We believe that Cambodian blue zircon is one of the most unique, undervalued, and overlooked gemstones in the global market."

The Australian company NYBlue is funded by Australian agritech founder and former political advisor Mitch Brownlie, who recently discussed the project on multiple podcasts and often compares the NYBlue project to previous gemstone booms, such as the rise of the African gemstone "tanzanite," which went from obscurity to rivaling diamonds.

Tanzanite Spot Price: Inspiration for NYBlue

The price of tanzanite has experienced a tenfold increase over three years, and NYBlue draws inspiration from the historical trajectory of the tanzanite market, anticipating a similar growth trend for blue zircon.

NYBlue previously announced plans to launch a gem-backed cryptocurrency, named ZIRC, with each token fully backed and redeemable for one carat of blue zircon. This approach allows consumers to gain potential appreciation of blue zircon without bearing the volatility risks associated with traditional cryptocurrencies. Holders of ZIRC tokens can choose to redeem their cryptocurrency for gemstones at any time, ensuring a stable, arbitrage-driven relationship between the two assets. This strategic integration of blockchain technology not only enhances transparency and security but also allows consumers broader access to the unique realm of international gemstone trading.

NYBlue aims to acquire the majority of available gem-quality blue zircon globally, positioning itself as a dominant force in the market. This initiative is designed to exert influence over the supply chain, thereby creating a ripple effect on the market value of blue zircon across the industry.

The strategic initiatives of NYBlue are not shortsighted but rather an ambitious long-term goal to gain control in the multi-billion dollar gemstone market. With approximately $300 million in gemstone collections, NYBlue hopes to redefine the narrative of gemstones on a global scale. This will make the company a significant player in the gemstone industry and has the potential to influence the industry's landscape in the coming years.

Finally, NYBlue's presale is now live on Zir.co.nz.

About Zirc

The Zirc platform issues a cryptocurrency ZIRC that is fully backed by blue zircon, with each ZIRC token redeemable for one carat of blue zircon, providing a stable and tangible asset. The platform aims to integrate blockchain technology to enhance transparency and security, enabling everyone to participate in the gemstone market without bearing the risks associated with traditional cryptocurrencies. Zirc's approach makes the acquisition of blue zircon more accessible and offers a unique investment opportunity based on real assets.