August 4th, 2018
GEMERA, the Colombian Emerald-Backed Crypto-Token
GEMERA is the only crypto-token backed by Colombian emeralds, whose purpose is to create a blockchain based platform to connect emerald producers and investors. This will provide a more transparent, democratic and accessible way for Individuals to invest in these gemstones.
Through the creation of crypto-tokens 100% backed by Colombian emeralds, GEMERA is offering an innovative and modern investment opportunity, which at the same time solves problems in the emerald’s value chain.
Gemera addresses such issues as high costs for the investors and less income for the producers, caused by intermediaries. Through the token and platform, GEMERA eliminates the middleman, creating multiple benefits for both investors and producers.
The project has established an alliance with major Colombian emerald producers who provided emeralds that are already certified and stored in Malca-Amit facilities in Hong Kong. This stock will back part of the tokens issued during the pre-sale.
Indeed, for more than five centuries, Colombia has been the leading provider of high-quality emeralds and has become a reference for gemstone investors. Nowadays, more than 70% of the world’s market supplies of emeralds come from this country, and they are the most expensive per carat.
Emeralds are becoming the most appreciated and valuable of all precious gemstones. For instance, according to Gemval (an organization of value reference and appraisal of gems), with figures of 1 February 2018, the price of rough emeralds has increased 135% since 2013.
GEMERA was founded by a group of Colombian emerald producers and entrepreneurs with knowledge and passion for the blockchain technology and the cryptocurrency industry.
Press Release for gemera.io