MIAMI, Dec. 7, 2020 /PRNewswire/ — The NUC Development Foundation is a Trust entity with an irrevocable trust structure settled to hold an extremely rare uncut ruby gemstone currently appraised at $783,000,000.00 USD by the Gemological Institute of America. Project NUC has been tasked with trusteeship to develop a decentralized crypto token called “New Unit of Coin” (NUC) capable of being redeemable on the “NUC Exchange” (launching Q2, 2021) for “Certificates of Beneficial Interest,” representing unit shares in the ruby’s carat market value and tradable on the blockchain. Each Certificate will be unique based on the value of the NUC tokens redeemed at the time for the ruby’s carat value in the marketplace. NUC’s are divisible, non-fungible, transferable, decentralized and scarce.
