Transparency.

  • The O Token generation chain of smart contracts, signed by all the independent 3rd party service providers, are available for public viewing.
  • All the gold’s lab / test results, vaults’ certificates, insurance policies and audit reports are available for users’ viewing.
  • The total number of O Tokens in circulation will always be equal to the number of gold ounces in vaults (1,000 O Tokens to 1 Troy Oz 999.9 fine gold) and available for public viewing.
  • The platform fees are posted on the OLegacy website.
  • The total collected platform fees are always available for public viewing.
  • The total number of redeemed O Tokens for physical OLegacy Gold Coins is automatically burnt upon redemption and available for public viewing and verification.
  • The gold spot price used in the purchase of O Tokens or the redemption of O Tokens into cash is a live quote API from xignite.com
  • OLegacy Gold Coins (OLGCs) count is confirmed by 4 independent parties:
  • An OECD compliant refinery.
  • An ISO 17025 accredited / certified international precious metals inspection and sampling laboratory.
  • An international vaulting company.
  • A top 10 international auditing firm.
  • OLegacy Gold Coins (OLGCs) weight is confirmed by 4 independent parties:
  • An OECD compliant refinery
  • An ISO 17025 accredited / certified international metals inspection and sampling laboratory.
  • An international vaulting company.
  • A top 10 international auditing firm.
  • OLegacy Gold Coins (OLGCs) fineness is confirmed by 2 independent parties:
  • An OECD compliant refinery
  • An ISO 17025 accredited / certified international metals inspection and sampling laboratory.
  • The Gold of the OLegacy Gold Coins is:
  • Sourced from OECD compliant providers.
  • Fully checked for AML / CFT prior to minting
  • The OLegacy Gold Coins are:
  • Stored at international vaulting companies
  • 100% insured.
  • The OLegacy Gold Coins undergo 5 types of audits:
  • Generation Cycle Audits:
    Conducted by a top 10 global auditing firm, upon storing of the OLGCs at the vaulting company and prior to the final sign-off on the chain of smart contracts generating the corresponding O Tokens.
  • In-House VC Audits:
    Conducted by the vaulting company’s in-house auditor, upon storing of the OLGCs at the vaulting company and prior to the generation of the O Tokens.
  • Quarterly Audits:
    Conducted by a top 10 global auditing firm, on the stored OLGCs at the vaulting company on quarterly basis
  • Annual Audits:
    Conducted by a top 10 global auditing firm, on the stored OLGCs at the vaulting company on annual basis for annual audited financial statement purposes (Financial year ending 31st of December).
  • Spot Audits:
    Conducted by a top 10 global auditing firm, on the stored OLGCs at the vaulting company on spot basis (6 times per annum).
  • The OLegacy Platform supply chain operations are governed by the RuleBook, which is:

A multipartite legal agreement governing the contractual relationship between the Platform Operator, Minters, Public Gold Depository Centres, Inspection and Sampling Company, Public Gold Depositors and Liquidity Providers. It also states the obligations, responsibilities, terms and conditions that must be followed by all parties while executing their tasks.