How TCu29 Works
Your Digital Claim to Physical Copper: Bridging essential commodities with blockchain efficiency.
1. What is TCu29?
- A Digital Commodity Claim: TCu29 is a Real-World Asset (RWA) token. Each TCu29 token represents a direct claim on one pound (1 lb) of physical copper.
- Physically Backed: Unlike purely digital cryptocurrencies, every TCu29 token in circulation is backed by an equivalent amount of physical copper.
- Blockchain Efficiency: Built on leading blockchain technology (multi-chain), TCu29 offers the benefits of digital assets: easy transferability, divisibility, and integration capabilities.
2. The Copper Backing: Secured & Verified
Maintaining the integrity of the 1:1 backing is fundamental. We employ a multi-layered approach for security and transparency.
Key Assurance Layers:
Physical Inventory: Verified, copper in secured warehouse facilities.
Regular Audits: Independent third-party verification of reserves vs. supply. Reports are made public.
Performance Guarantees: Financial instruments (e.g., surety bonds) guarantee redemption obligations.
Insurance: Stored copper insured against risks like theft, fire, and damage.
Diagram 1: Physical Asset & Assurance
Diagram 2: Digital Token & Guarantees
3. Acquiring TCu29 Tokens
Primary Distribution: Initial offerings may target B2B participants (industrial users, traders, institutions).
Secondary Markets: May become available on select digital asset exchanges (subject to listings and regulations).
4. Holding & Using TCu29
- Digital Ownership: Holding TCu29 tokens means holding a verifiable digital claim on physical copper.
- Multi-Chain Flexibility: Operates on Ethereum, BSC, Polygon, etc., offering choices for security, cost, or speed. Your claim remains consistently backed.
- Transferability: Easily transfer tokens between compatible wallets on their respective blockchains.
5. Redeeming TCu29: Accessing Value
TCu29 provides distinct pathways to realize the value of the underlying copper, offering flexibility for different needs.
Option 1: Direct Physical Delivery
Primarily for AML/KYC-approved businesses & accredited participants meeting minimums (e.g., LME contract size).
Redeem tokens directly for physical copper shipment via a structured process (verification, logistics coordination). Provides tangible copper for industrial use or strategic holdings.
Redemption: Option 1 Flow
Option 2: Facilitated Sale to Tempestas (Secondary Liquidity Option)
Accessible to TCu29 holders seeking liquidity.
Tempestas may offer a program allowing holders to sell TCu29 back to Tempestas, based on operational needs and benchmarked against spot market prices. Availability and pricing depend on Tempestas's needs and market conditions. Tokens are sent to a designated address/contract and payment (e.g., stablecoins) is returned.
Redemption: Option 2 Flow
6. Why TCu29? The Benefits
- Direct Copper Access: Hold a verifiable claim on physical copper.
- Transparency & Security: 1:1 backing, audits, insurance, robust protocols.
- B2B Utility: Features supporting industrial procurement and trading.
- Blockchain Efficiency: Digital transferability, divisibility, multi-chain access.
- Real-World Connection: Bridge tangible assets and the digital economy.
Disclaimer: This information provides a general overview and is not financial or investment advice. TCu29 is a commodity claim token. Participants should conduct their own research, understand risks (commodity market fluctuations, blockchain technology), and consult independent advisors. Refer to official TCu29 documentation and Terms of Service for complete details.