G-Coin token owners can have the highest degree of confidence in the G-Coin structure. In the unlikely event that Emergent Technology goes out of business, you still have title to your gold. As a customer, your G-Coin token holdings are fully insulated from Emergent Technology’s activities. G-Mint S.à.r.l., a Swiss limited company (“G-Mint”), acts as your bailee for the gold associated with each G-Coin token. In such capacity, G-Mint keeps the gold in safe deposit with one of the licensed gold storage facilities for the benefit of each G-Coin token owner. In order to ensure G-Mint’s continued financial viability, G-Mint collects storage fees directly from each G-Coin wallet, which are used to cover the cost of storing and insuring your gold. Please refer to the Vault Terms for more information.
Written by Sudha RavulaUpdated over a week ago