On The Blockchain
The “Decentralized Ecosystem” for global service providers to participate, verify and unanimously approve the generation of a self-controlled liquid asset.
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
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
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.
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.
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.
OECD compliant refineries
ISO 17025 certified precious metals laboratories
Top-tier international vaulting companies
Top-tier international auditing firms
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.
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.
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
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
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