Watch the video of this keynote speech on Gamma Prime’s YouTube channel:
Keynote speech with Paul Pöltner (CEO & Co-Founder at GEMx)
Discover how emeralds — 25 times rarer than diamonds — are transforming wealth in the crypto era. From Brazil’s mines to Switzerland’s vaults, learn how you can co-own these gemstones, access them via blockchain, and even generate yield, all in a fully transparent, institutional-ready investment.
Paul Pöltner (GEMx):
I would like to introduce to you the color gem, emeralds. Emeralds — who here owns emeralds? Who owns diamonds? Who owns Bitcoin? Who owns any cryptocurrency? Perfect. I want to add that if you own crypto, you should also consider adding some emeralds.
So, what are emeralds? Emeralds are 25 times rarer than diamonds and, for centuries, they have not only been used as jewelry but also as a concentrated store of wealth. We source our emeralds from certified mines in the heart of Brazil, working with our partner, IGI Enix.
We don’t just enable you to buy and own cut and polished stones — we also offer a second product where you can participate in the value chain of cutting and polishing itself. Let me explain the value chain of emeralds.
We start with mining in Brazil. The stones are then sent to Jaipur, India, for cutting and polishing. After that, they return, are graded, certified, and then go either to the jewelry market or directly to retail. We are part of an ecosystem operating for over 30 years. On one side, we work with IGI Enix and South Capital for mining; on the other, we collaborate with Seabury Capital in New York, which runs the NPV Fund storing colored gems.
Why emeralds? They have an attractive price, increasing 6–13% per year in recent years, with no downturn. Supply is limited, demand is increasing, and they are not correlated with gold or the stock market — they grow steadily every year.
We offer the AMGMX Co-Ownership Emerald. Our emeralds lie in a vault in Switzerland, and co-owners can redeem their stones every month. The AMGMX token gives you the right to redeem these tokens. You have direct access to the assets themselves — it’s like having your own stones in your own vault.
We are building an institutional-ready investment product. Every stone is unique, an artwork. When you invest, you invest in a basket of stones from 10 gratings, ranging from 4 to 8, typically 1–2 carats — what you find in the mass market. Our standard portfolio is a $1 million portfolio, and every investment replicates it. When you redeem, you always get the same basket from the vault. This ensures liquidity for investments from $10 million to $100 million and beyond, with full transparency on what you receive.
To ensure quality, we work with renowned laboratories and have a robust proof-of-reserve process. Stones are sourced from Brazil, graded and certified, sent to Switzerland for quality checks at Guberlin, then placed in the vault. Auditing is done by Ransom, and the information feeds into Chainlink. Only based on this feed can tokens be minted via Fireblocks, and then they go to custodians, such as Zodiac Custody, where we’ve already put the first $10 million in value.
Our team works hard every day to make this happen.
We are also introducing a yield product. Currently, we have $60 million committed to allow staking pools with assets that generate additional yield. Here’s how it works: $100 million total, $50 million goes into cutting and polishing — generating yield — and $50 million goes directly into the asset. After two years, investors receive 50% in USD with compounded yield and 50% back in color gems via the MGEMX token, plus 15% interest paid annually.
If you want to know more, my colleague is available, and we are here all day. Thank you for listening.
