The Natural Gem Uses eCredits Blockchain to Tokenize €5M Gemstone Collection
The Natural Gem Uses eCredits Blockchain to Tokenize €5M Gemstone Collection
  • Dan Yoo
  • 승인 2023.09.19 22:45
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This partnership will also see the world’s first asset-backed gemstone token, the Habsburg Gemstone Token, made available on the eCredits Wallet

The Natural Gem, an Austria-based market leader in gemstone trading, will tokenize its €5 million Royal Portfolio of emeralds, rubies, and a Kashmir sapphire on the eCredits blockchain. 

Image Source: eCredits/ The People’s SCE.

Vienna, Austria — The People’s SCE, a decentrally governed organization (DGO) powering applications built upon the eCredits Blockchain, has announced that gemstone trading market leader, The Natural Gem, will tokenize its €5 million Royal Portfolio on its eCredits blockchain. This effort will also see the Habsburg Gemstone Token, developed in collaboration with Habsburg Fine Arts and 100% backed by real, untreated, color gemstones, available on the eCredits Wallet. 

The Director of Habsburg Fine Arts, HIRH Sandor Habsburg-Lothringen, expressed his enthusiasm, stating, "By merging the world's oldest tangible asset with one of the most modern investment instruments, we bring the gemstone onto the blockchain and into the 21st century, thus creating portfolio diversification with assured, continuous transparency, and flexibility."

The Natural Gem’s Royal Portfolio includes emerald (€274,000) and ruby (€815,000) necklaces and a Kashmir sapphire (€1 million), with its remainder consisting of several other precious gemstones. The mechanics behind this unique investment opportunity are simple, as investment in the Royal Portfolio can be made through the Habsburg Gemstone Token via the blockchain. 

The Royal Portfolio is periodically revalued by court experts, and as its value increases, the sale price in EUR rises while the Habsburg Gemstone Token (GEM) price remains constant, leading to a steady rise in the intrinsic value of GEM. The token can be purchased on the Habsburg Fine Arts trading platform and on the eCredits Wallet, providing investors with multiple avenues for acquisition.

The benefits of investing in gemstones are manifold and have been proven over thousands of years. Gemstones are small, easily transportable, and hold a high concentration of value. They have a strong history of being a reliable asset, and their beauty makes them easy to pass on from generation to generation. Moreover, they show a robust increase in value due to high demand, declining mine yields, and active auctions.

Bernhard Blaha, CEO of The People’s SCE, concluded: "We are happy to partner with The Natural Gem to bring such a beneficial investment opportunity to a wider audience. Through the power of blockchain technology and the eCredits Ecosystem, we aim to democratize gemstone investments and make this lucrative market accessible to any investor, regardless of their wealth. This project is yet another proof that blockchain is the great equalizer for people from all walks of life.”

This project is made available thanks to the cooperation of eCredits and SimplyTokenized, a software company that provides custom tokenization solutions. Simply Tokenized streamlines the token creation process, provides technical support for smart contract implementation on the blockchain, and helps companies attract investors.
 


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