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

Brisbane,
Australia,
August
7th,
2024,
Chainwire

Australian
gemstone
company

NYBlue
Pty
Ltd
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. 

Previously
this
month,
the
company
released
its

whitepaper,
detailing
its
current
pre-sale
and
subsequent
public
float
of
its
‘real
world
asset’
cryptocurrency,
following
its
announcement
of

holdings
of
more
than
one
million
carats
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

interviewed
on
CryptoBanters’
Town
Hall
podcast,
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

compressed,
common,
carbon,
or
instead
something
more

ancient
than
Earth,

exceedingly
rare,
and

twice
as
brilliant
as
diamond? 

NYBlue
majority
shareholder,

Mitch
Brownlie
has
stated
“We
believe
that
Cambodian
blue
zircon
deserves
recognition
as
one
of
the
most
extraordinary,
underappreciated
and
undervalued
gemstones
on
the
market” 

The
Australian
company

NYBlue;
is
financed
by
Australian
AgTech
founder
&
former
political
advisor;

Mitch
Brownlie,
who
has
recently
discussed
the
project
on

various
podcasts;
often
comparing
the
NYBlue
project
with
a
previous
gemstone
rally;
when
the
African
gemstone
‘tanzanite’
surged
from
obscurity,
to
reach
parity
with
Diamond. 

Tanzanite
Spot
Price
–
An
inspiration
for
NYBlue.

NYBlue
draws
inspiration
from
the

historical
trajectory
of
the
tanzanite
market,
where
prices
experienced
a
tenfold
increase
over
three
years.
The
company
anticipates
a
similar
trajectory
for
zircons,
aligning
its
strategy
with
past
successes
to
project
a
potential
surge
in
value. 

NYBlue,
has
previously
announced
its
plan
to
launch
its
gemstone-backed
cryptocurrency
codenamed

ZIRC
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. 

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.

NYBlue’s
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

Zir.co.nz

About
Zirc

Zirc
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.

Contact

Director
Mitch
Brownlie
NYBlue
Pty
Ltd
[email protected]