Mattereum Asset Passport
Lohko PAMP Gold Bar 1oz (S/N: 74707)
This is a Mattereum Asset Passport. It is used to prove the value of physical objects. The physical objects are usually stored in a vault and bound to an Ethereum blockchain NFT. The Mattereum Asset Passport is made of a series of signed legal statements about the valuable attributes of the physical object. In most cases, you can buy a legal warranty on these legal statements, protecting you in case of error or fraud. Disputes are heard using special legal procedures, suitable for resolving disputes of these kinds, made binding under the 1958 New York Convention on Arbitration.
See this object’s OpenSea page.
Warranty 0: Asset Data
Data
- Claim Title
Asset Data
- Claim Short Title
Data
- Title
Lohko PAMP Gold Bar 1oz
- Unique ID
lohko.1oz.gold.pamp.74707
- Serial Number
74707
- Creator
PAMP
- Creation Place
PAMP Suisse, Ticino, Switzerland
- Description
The following description is derived from reports on the asset provided to Lohko by BullionStar Pte. Ltd.:
This Swiss minted 1 troy ounce (31.1 grams) gold bar is 99.99% pure gold and is fabricated by the world-renowned PAMP gold refinery in Ticino, Switzerland. PAMP gold bars are one of the best known brands of gold bars across much of the world. Buying a 1 oz PAMP gold bar for investment or as a gift brings with it a guarantee that you are buying one of the world's most prestigious brands of gold bars. The front of the 1 oz PAMP gold bar features a representation of Lady Fortuna, the Roman goddess of good fortune. PAMP also issues a number of other editions of minted gold bars such as those featuring a "Liberty" design depicting the Statue of Liberty, and a minted gold bar with a "Rose" flower design. The reverse of the 1 oz PAMP minted gold bar displays PAMP’s famous logo of 4 circles, the bar’s weight and purity "SUISSE 1 OUNCE FINE GOLD 999.9", and the official Swiss stamp of authenticity "Essayeur Fondeur". Each 100 gram PAMP gold bar comes presented in its own distinctive security CertiPAMP packaging which also doubles as the gold bar’s assay card. PAMP is one of the 5 referee refineries that administer the LBMA Good Delivery List for gold. The other 4 refinery referees are Argor-Heraeus, Metalor, Rand Refinery of South Africa, and Japanese refinery Tanaka Kikinzoku Kogyo.
- Vault Location
BullionStar Vault, Singapore (45 New Bridge Road, Singapore 059398, Singapore)
- Custodian
BullionStar Pte. Ltd. A digital signature from the custodian is provided and available to check in the Lohko Vault Report confirming that the asset is in the vault.
- Materials Techniques
Cast gold of .9999 purity.
- Measurements
41 mm x 24 mm x 1.71 mm.
Weight: 1 troy oz (31.1g)
- Supporting Material
Vault Insurance certificate from Willis Towers Watson, insurers of BullionStar Pte. Ltd. PDF. In the event of disputes concerning errors by BullionStar, Lohko will pursue retrieval of value from BullionStar and pass this value accordingly to the claimant.
- Photos
- Photos Notes
Please note that these are representative photos of the type of bar and not photos of this specific asset.
Contract
- Price USD
0.5% of the gold bar's sale price
- Liability USD
The lower of the value of the gold content of the bar, plus 5%, according to the first LBMA Gold Price published after the dispute is lodged, or the offered price of an equivalent gold bar in the Lokho wallet at that time.
- Liability Regime
Normal, Variable
- Cert Standard
Professional
- Duration Days
365 days from warranty purchase
- NFT Address
0xD3fDAeAc03Cd397b37F98375DfAc9308c933AFa8
- NFT Token ID
6
- Issuer Name
Lohko Pte. Ltd.
- Authenticator
MTRM Industries Ltd.
- Registrar
MTRM Industries Ltd.
Issuer
Warranty 1: Terms of Service
Data
- Claim Title
Terms of Service
- Claim Short Title
ToS
- Title
Lohko PAMP Gold Bar 1oz
- Unique ID
lohko.1oz.gold.pamp.74707
- Serial Number
74707
- Description
The Terms of Service offered by Lohko Pte. Ltd., which can be viewed via this link, are understood to apply to this asset. These Terms of Service are subject to change, and the most up to date version will apply to the asset at all times. In order to claim the rights in the Terms of Service you will need to onboard with Lohko, including KYC/AML procedures. These Terms of Service are only valid for Lohko customers who have completed the Lohko onboarding process and completed this transaction directly with Lohko. As a part of its services to its Customers Lohko Pte. Ltd. relies on the services of third parties (including, but not limited to, BullionStar Pte. Ltd.). Lohko Pte. Ltd. disclaims any and all liability for such third party services.
Subject to the current ToS in the document:
The gold bar will be provided to the rightful custodian for the price of the delivery.
The gold bar will be available for physical pick up upon request of the rightful custodian.
Fees apply to all transactions except for the physical pick-up of the bar.
Contract
- Price USD
0.25% of the gold bar's sale price
- Liability USD
The lower of the value of the gold content of the bar, plus 5%, according to the first LBMA Gold Price published after the dispute is lodged, or the offered price of an equivalent gold bar in the Lokho wallet at that time.
- Liability Regime
Normal, Variable
- Cert Standard
Professional
- Duration Days
365 days from warranty purchase
- NFT Address
0xD3fDAeAc03Cd397b37F98375DfAc9308c933AFa8
- NFT Token ID
6
- Issuer Name
Lohko Pte. Ltd.
- Authenticator
MTRM Industries Ltd.
- Registrar
MTRM Industries Ltd.
Issuer
Warranty 2: Vault Report
Data
- Claim Title
Vault Report
- Claim Short Title
Vault
- Title
Lohko PAMP Gold Bar 1oz
- Unique ID
lohko.1oz.gold.pamp.74707
- Serial Number
74707
- Description
The BullionStar Pte. Ltd. vault report can be viewed via this link under vault number 28048. The Lohko Pte. Ltd. vault report, which also includes BullionStar's data regarding this gold bar verified by digital signature from BullionStar Pte. Ltd., can be viewed via this link.
Contract
- Price USD
0.25% of the gold bar's sale price
- Liability USD
The lower of the value of the gold content of the bar, plus 5%, according to the first LBMA Gold Price published after the dispute is lodged, or the offered price of an equivalent gold bar in the Lokho wallet at that time.
- Liability Regime
Normal, Variable
- Cert Standard
Professional
- Duration Days
365 days from warranty purchase
- NFT Address
0xD3fDAeAc03Cd397b37F98375DfAc9308c933AFa8
- NFT Token ID
6
- Issuer Name
Lohko Pte. Ltd.
- Authenticator
MTRM Industries Ltd.
- Registrar
MTRM Industries Ltd.
Issuer
Warranty 3: NFT Details
Data
- Claim Title
NFT Details
- Claim Short Title
NFT
- Title
Lohko PAMP Gold Bar 1oz
- Unique ID
lohko.1oz.gold.pamp.74707
- Serial Number
74707
- Description
This asset has been paired to a non-fungible token (NFT), the details of which can be found in the link below. Possession of this NFT enables the possessor to take custody of this gold bar as per Lohko Pte. Ltd.'s Terms of Service.
There is a lot of fraud in the NFT space, and it is important to ensure that the NFT you are buying is actually the specific NFT bound to this physical asset, and not in fact a counterfeit. The NFT linked below in this Asset Passport is the correct NFT. If you come to this Mattereum Asset Passport from a site such as OpenSea, you should click on the link provided here to be shown the correct NFT (rather than using your back button). If the web sites and web browser have not been compromised, doing so will show you the correct NFT.
- NFT Link
The NFT corresponding to the gold bar designated lohko.1oz.gold.pamp.74707 can be found at this link.
Contract
- Price USD
0.5% of the gold bar's sale price
- Liability USD
The lower of the value of the gold content of the bar, plus 5%, according to the first LBMA Gold Price published after the dispute is lodged, or the offered price of an equivalent gold bar in the Lokho wallet at that time.
- Liability Regime
Normal, Variable
- Cert Standard
Professional
- Duration Days
365 days from warranty purchase
- NFT Address
0xD3fDAeAc03Cd397b37F98375DfAc9308c933AFa8
- NFT Token ID
6
- Issuer Name
Lohko Pte. Ltd.
- Authenticator
MTRM Industries Ltd.
- Registrar
MTRM Industries Ltd.
Issuer
Warranty 4: Carbon Offset
Data
- Claim Title
Carbon Offset
- Claim Short Title
Carbon
- Title
Lohko PAMP Gold Bar 1oz
- Unique ID
lohko.1oz.gold.pamp.74707
- Serial Number
74707
- Description
Based on a report from SP Global the estimated carbon emissions for production of one Troy oz of gold is below 1 metric ton. With a weight of approximately 1 troy oz, this bar has been calculated as emitting less than 1 metric ton of carbon. The total carbon output for production of the NFT paired with this bar as stated in Claim 3 of this Asset Passport has been estimated as below 300kg using the NFT CO2 footprint calculator provided by CryptoArt.These two calculations add up to a sum total carbon output of under 1.3 metric tons.
A quantity of carbon offset certificates equalling the total carbon output presented above were purchased from Nori Inc. at a cost of $17.25 per ton (inclusive of a transaction fee of $2.25) on 11 March 2021 for a total of $19.50. These carbon offset tokens were expended to offset the total carbon output of this bar and its corresponding NFT defined in Claim 3 of this Asset Passport.
- Supporting Matterial
Copy of the Nori Certificate of Carbon Removal issued to MTRM Industries Ltd. Please note that this certificate represents carbon removal coverage of several gold bars, of which this gold bar is one. PDF
Contract
- Price USD
0.1% of the gold bar's sale price
- Liability USD
Purchase value of the carbon offset certificates provided by Nori Inc.
- Liability Regime
Low-Liability
- Cert Standard
Absolute
- Duration Days
365 days from warranty purchase
- NFT Address
0xD3fDAeAc03Cd397b37F98375DfAc9308c933AFa8
- NFT Token ID
6
- Issuer Name
MTRM Industries Ltd.
- Authenticator
MTRM Industries Ltd.
- Registrar
MTRM Industries Ltd.