Do I own the metal?
Yes, through the tokenization system, you own the underlying physical metals through your ownership of the tokens.
How do I know I actually own the metals?
Each token, or fraction of a token, is 100% backed by the physical in vaults. One token = One oz. Each month Dacxi will release an independent report proving that the number of tokens issued equals the oz of metals in the vaults.
How secure is my ownership?
All metals are controlled by a custodial company not owned by Dacxi. The metals are never mixed with the assets of Dacxi, so should anything happen to Dacxi, those assets are secure.
How do I store my metal?
That’s the cool thing about these tokens! You digitally own the metals. You don’t have to store them other than your tokens in your Dacxi account. Your physical metals are stored in highly secure vaults at no cost to you.
Why are the precious metal assets called ‘tokens,’ and not ‘coins’?
There are two good reasons we call them tokens, not coins. The first is because ‘gold coins’ is too easily confused with the physical coin. The second is because ‘crypto token’ is the correct term for this new type of digital asset class, where the token represents a physical commodity or asset (eg. gold, oil, or shares). It’s estimated that within five years, the tokenisation revolution will touch every asset in the world – and Dacxi will be a leader in ‘crowd’ assets.
How do I sell?
You can sell your tokens on the exchange. You will be matched with other buyers when available, Dacxi will always be a final buyer. The tokens will be listed on other exchanges in the future.