OLegacy

Why Own Gold?

A stable asset

Preserves wealth, passed from one generation to the next.

Price maintains value in the long term.

Hedge against inflation

Cannot be replicated

Long track record of universal acceptance

Durable

Indestructible

Longstanding cultural importance

Historical sustainable standard store of value

The OLegacy Coin.

OLegacy Gold Coin (otherwise known as the "OLGC") is a reference to the physical gold coins held in third party vaults, and each OLGC constitutes 1 Ounce of 999.9 Fine Gold.

= 1,000 O Tokens

OLegacy Gold Coin = Troy Ounce 999.9 Fine Gold Coin

Diameter

32.7mm (1.287 inches)

Thickness

2.95mm (0.116 inches)

Gross Weight

1 Troy Ounce (31.1034768 grams)

Fineness (purity)

999.9

Benefits of Owning OLegacy Gold Coins.

Free purity testing

No storage fee

No insurance fee

No auditing fee

No maintenance fee

Can be sold back to OLegacy 24/7 at Gold’s spot price
(less redemption fee)

Made to be a liquid asset, and soon will be spendable via a branded debit card

Ownership & balances are registered on the Ethereum Blockchain, making it transparent and immutable

No redemption fee for self-pickup from storage locations

Available for pickup from several locations around the world

How to Own OLegacy Gold Coins.

You can own OLegacy Gold Coins, by purchasing OLegacy Tokens from the OLegacy Platform or at any decentralized / centralized exchange that OLegacy Tokens will be listed on in the future.

= 1000

OLegacy Gold Coin = Troy Ounce 999.9 Fine Gold Coin

By purchasing / owning OLegacy Tokens, you are entitled to the equivalent amount of OLegacy Gold Coins vaulted at international / independent 3rd party vaulting companies in several locations around the world.

The OLegacy Token.

OLegacy Token (otherwise known as "OT“), is a digital / virtual voucher (ERC20 Token) representing 1:1 direct ownership of an OLegacy Gold Coin, as one OLegacy Token represents 1/1,000 of an OLegacy Gold Coin. OLegacy Token generation is triggered via a chain of smart contracts signed off by 4 independent third-parties confirming:

Count, weight and fineness of the underlying OLegacy Gold Coins backing the O Tokens.

OLegacy Gold Coins backing the O Tokens are already insured & vaulted at 3rd party vaulting companies in several locations around the world for the O Token holder to redeem at any given time.

Benefits of Holding OLegacy Tokens.

Can be transferred to any hardware wallet of your choice

Cannot be frozen

No maintenance fee

Accessible from anywhere in the world

Redeemable for physical Gold from several locations around the world at no cost

Available for purchase 24/7 from anywhere in the world through the OLegacy Platform

Redeemable for FIAT Currency 24/7 at Gold’s spot price
(less redemption fee)

Securely stored in your own ERC20 Wallet, and accessible only using your own private key
(a 64 hex characters)

Ownership & balances are registered on the Ethereum Blockchain, making it transparent and immutable

Liquid, and soon will be spendable via a branded debit card

Minters

OECD compliant refineries

Assayers

ISO 17025 certified precious metals laboratories

Vaulters

Top-tier international vaulting companies

Auditors

Top-tier international auditing firms

To provide Minting / Refining services in accordance with the OLegacy Rulebook, the Minter must be:

An independent / 3rd party;
An OECD compliant refinery, which has produced not less than 200 tonnes of gold a year for the last three (3) years;
Meet all know your customer, anti-corruption, CFT and AML requirements (and as required from time to time, and be bound by the terms and conditions applicable to all account holders on the OLegacy Platform);
Successfully registered and approved on the OLegacy Platform.

The Minter shall ensure that it has been properly set up with the OLegacy Platform, securely generated its own private keys and use the OLegacy Platform to:

Before carrying out any of its services, test the Gold to ensure the results match the orders’ details.

Record the weight and purity testing results of the Gold.
Receive, accept, approve or reject orders for minting OLegacy Gold Coins.
Initiate “OT Generation” Smart Contracts.
Record the physical count and weight of minted OLegacy Gold Coins.
Accept or reschedule appointments with Assayers and Vaulting Companies.
Sign “OT Generation” Smart Contracts with their own private key.

The registered Minter shall perform the following tasks:

Test the Gold to ensure the results match the orders’ details.
Refine (if needed) the Gold to a purity of 999.9 parts pure Gold per 1,000 Gold (the “Required Purity”) according to the London Bullion Market Association standard.
Mint the Gold into OLegacy Gold Coins, as per the following specifications:

1 OLGC is worth one (1) Troy Ounce of gold;
The OLegacy Gold Coin Mold.
Size and dimensions of each OLegacy Gold Coin to be as follows:

Diameter 32.7mm (1.287 inches)

Thickness 2.95mm (0.116 inches)

Gross Weight 1 Troy Ounce (31.103 grams)

Fineness (purity) 999.9

Physically count and weigh the minted OLegacy Gold Coins.
Test the purity of minted OLegacy Gold Coins by:

Using XRF Precious Metal Analyzer (Thermo Scientific Niton LX2); and
Randomly selecting and drilling OLegacy Gold Coins using a 4.75mm diameter drill bit, and samples assayed

Ensure that the Gold is covered by the Minter’s insurance policy;
Confirm that the OLegacy Gold Coins relating to the order are the property of the O Token Holder.

To provide vaulting services in accordance with the OLegacy Rulebook, the Vaulter must be:

An independent / 3rd party;
An international precious metal storage company;
Meet all know your customer requirements (and as required from time to time, and be bound by the terms and conditions applicable to all account holders on the OLegacy Platform).
Successfully registered on the OLegacy Platform.

The Vaulter shall ensure that it has been properly set up with the OLegacy Platform, securely generated its own private keys and use the OLegacy Platform to:

Receive, accept, approve or reject orders for the secure storage of OLegacy Gold Coins.
Accept or reschedule pickup appointments with the Minters.
Record the physical count and weight of stored OLegacy Gold Coins.
Record the seal number of each stored batch of OLegacy Gold Coins.
Upload vault's reports and insurance policies.
Sign “OT Generation” Smart Contracts with their own private key.
Schedule pickup appointments for “Self-Pickup” redeemers.
Scan QR Codes of “Self-Pickup” redeemers.
Confirm the identity of “Self-Pickup” redeemers.
Provide delivery costs to “Delivery” redeemers.
Register delivery orders of “Delivery” redeemers, as per their whitelisted addresses.
Sign “OT Burn” Smart Contracts upon the handover of redeemed OLegacy Gold Coins.

The registered Vaulter shall perform the following tasks:

Physically count and weigh the OLegacy Gold Coins.
Securely store the OLegacy Gold Coins.
Ensure and confirm that the stored OLegacy Gold Coins are covered by the Vaulter’s insurance policy;
Confirm that the OLegacy Gold Coins relating to the order are the property of the O Token Holder.
Confirm and match the identity of OLGC “Self-Pickup” redeemers with the KYC documents on the OLegacy Platform.
Handover OLGCs to “Self-Pickup” redeemers.
Provide delivery costs to OLGC “Delivery” redeemers.
Arrange the delivery of OLGCs to “Delivery” redeemers’ whitelisted addresses.

Registration of Service Providers

Every service provider involved in the OLegacy Token generation process, must be registered on the OLegacy Platform first.

1. Register for a specific service by filling in the relevant account opening form.

2. Upload their legal documents and certifications.

3. Pass document authentication.

4. Pass KYC / AML

5. Pass the minimum requirements under the specific service to be provided.

6. Account is opened.

7. Unique private key generated to sign transactions (smart contracts), confirming their approval.

18 Steps for an OLegacy Token to be generated

Gold is always placed first.

The “O Token” Generation Order is triggered generating an equivalent number of “O Tokens” as per the following formula:
1 OLegacy Gold Coin = 1,000 OTokens

Refinery

Metal Inspection & Sampling Laboratory

Vaulting Company

Auditing Firm

Once all the parties have signed off on the chain of Smart Contracts using their Private Keys

Initiates O Token Generation Smart Contract

Tests the Gold for purity

Mints the Gold into OLegacy Gold Coins

Signs off on the smart contract with their own private key, confirming the number of OLegacy Gold Coins, their weight and purity.

Weigh and count the OLegacy Gold Coins

Purity Testing 1 Using XRF Precious Metal Analyzer (Thermo Scientific Niton LX2)

Purity Testing 2 Randomly selected OLegacy Gold Coins drilled using a 4.75mm diameter drill bit, and samples assayed

Upload their Inspector's Report onto the OLegacy Platform

Count and weigh the OLegacy Gold Coins

Upload the vault's report and insurance policy

Weigh and count the OLegacy Gold Coins

Signs off on the smart contract with their own private key, confirming the vaulting of the OLegacy Gold Coins, their count and weight.

Signs off on the smart contract with their own private key, confirming the number of OLegacy Gold Coins, their weight and purity.

Vaults the OLegacy Gold Coins

Signs off on the smart contract with their own private key, confirming the number of OLegacy Gold Coins and weight.

Upload their Report of Factual Findings

Governance & Transparency.

1. Gold testing results available for public viewing.

2. Proof of storage available for public viewing.

3. Proof of insurance available for public viewing

4. Auditor’s “Report of Factual Findings” available for public viewing

5. Signed “OT Generation” smart contracts by service providers available for public viewing

6. OLegacy Tokens’ balances and proof of ownership available for public viewing.

7. Burning of OLegacy Tokens upon physical redemption available for public viewing.

8. Periodic & Spot Vaults’ Audit Report available for public viewing.

How it works.

1. Open an account on the OLegacy Platform

2. Fund your account via wire transfer or bank card

3. Purchase OLegacy Tokens

4. Receive OLegacy Tokens in your Private Wallet

Buy OLegacy Tokens on the OLegacy Platform

4 Simple Steps

1. Request to redeem the desired amount of OLegacy Tokens (multiples of 1,000) into OLegacy Gold Coins

2. OLegacy Tokens will be transferred from your Private Wallet to the Suspense Wallet

3. Receive an appointment confirmation to pick up your OLegacy Gold Coins

4. Visit the vaulting company and pick up your OLegacy Gold Coins

Redeem OLegacy Tokens for OLegacy Gold Coins (Physical Gold)

4 Simple Steps

1. Request to redeem the desired amount of OLegacy Tokens into FIAT

2. OLegacy Tokens will be deducted from your Private Wallet

3. Receive the redemption value (less fee) in your Currency Wallet

Redeem OLegacy Tokens for FIAT Currency

3 Simple Steps

The Gold Standard