FIX00 owns and holds a 5.4 kg, 16,200 carats, rough natural ruby, that is not only a unique collectible but one of the four major precious stones, the others being diamonds, sapphires, and emeralds. The ruby is fully insured and kept with a renowned security house. In an industry wide first, FIX00 is tokenizing and selling this natural rough ruby, with an assessed value of USD$290m, at a fixed, heavily discounted price. FIX00 token holders will be able to enjoy ownership of the ruby while avoiding drawbacks/costs associated with external markets and physical ownership, which brings high storage costs and limited accessibility. FIX00 is not only the first token whose value is directly tied to a gem of this kind, but we believe offers the single most direct ownership of any real world asset in the “cryptoverse” today. Asset-backed/security tokens carry a real-world asset’s value and offer secure, rapid, and minimal cost trading of traditional assets via blockchain technology; in addition, they can and should increase liquidity for the underlying asset. FIX00 is putting its asset(s) where its mouth is. We are leading from the front, offering to sell a large natural rough ruby, with an assessed value of USD$290m at a fixed issue of 9.730.800.000,00 Fix00 Tokens at a equivalent value of USD$ 0,01 per Fix00 Token.
