This is a public accountability interface. Every mechanism, fee structure, risk exposure, and capital deployment decision is disclosed here — not because regulation demands it, but because our architecture requires it.
Gold tokenization serves as the most transparent entry point into real world asset infrastructure — not because gold is simple, but because its custody chain is well-established, its valuation is continuous and publicly verifiable, and its legal ownership structures have centuries of precedent. Each token represents a fractional claim on physically allocated, independently audited gold bullion held in a regulated vault by a licensed custodian, with legal title assigned to a bankruptcy-remote SPV that exists solely to protect holders' interests. The token does not promise yield — it provides verifiable, transparent ownership of a tangible reserve asset with full provenance tracking from refiner to vault. This architecture makes gold tokenization a responsible demonstration of how real world assets can be brought on-chain: no synthetic layering, no opaque intermediation, no liquidity misrepresentation — just a direct, regulated, and auditable link between a digital token and a physical asset sitting in a vault. The social value lies in inclusion: by reducing the minimum entry point from a full ounce to half a gram, the structure opens institutional-grade gold custody to retail participants who were previously excluded by ticket size alone. It is measured infrastructure, not speculation — and it is where mission-embedded capital design begins.
| Fee Component | Recipient | Rate | Basis | Cap |
|---|---|---|---|---|
| Management Fee | Platform Operator | 0.75% | AUM, annual | Capped at 1.0% |
| Origination Fee | Asset Originator | 1.50% | Per asset, one-time | Capped at 2.0% |
| Servicing Fee | Licensed Servicer | 0.50% | Collections, ongoing | Performance-linked |
| Trustee Fee | Independent Trustee | 0.15% | AUM, annual | Fixed |
| Technology Fee | Platform Operator | 0.25% | Transaction volume | Capped at 0.35% |
The distribution smart contract enforces the published cash flow waterfall automatically. When funds arrive in the SPV collection account, the contract executes payments in strict priority order: servicer fees first, then trustee fees, then senior tranche obligations, then junior tranche, then reserve replenishment.
No manual override exists for payment priority. The contract can be paused by a 3-of-5 multisig (comprising the trustee, two independent directors, the auditor, and the platform operator) only in the event of a material error or security incident. Pause events are logged immutably and reported publicly within 24 hours.
Compliance checks are embedded at the token transfer level. Tokens cannot be transferred to non-KYC'd wallets. Transfer restrictions enforce jurisdictional holding limits and accreditation requirements where applicable. These constraints are not optional features — they are part of the token's core logic.
I built this platform on a premise I have tested across two decades of research into social entrepreneurship: that social mission and financial infrastructure are not separate concerns and cannot be treated as such. My work on defining the social dimension of entrepreneurship — particularly through the lens of altruism and its relationship to venture architecture — led me to conclude that a venture's social character must be embedded in its operational structure, not appended as a reporting layer or a marketing claim.
The taxonomy I developed with my colleagues Williams and Tan (2005) distinguishes ventures where altruistic purpose is integral to the business model from those where social benefit is incidental or performative. In the context of real world asset tokenization, this distinction is critical: the difference between a platform that happens to serve retail investors and one that is structurally designed to include them is the difference between marketing and architecture. I chose to build the latter.
Every inclusion target, fee constraint, and accountability mechanism on this platform is encoded directly into governance and smart contract infrastructure. The social mission is not a statement on this website — it is a set of constraints that our systems enforce automatically. This is what mission-embedded means. This is what I set out to prove.