Buy Tokenized Gold

Qualified investors will shortly have the opportunity to purchase MSGLD in our public offering. Register now to be informed!

Summary of Upcoming Offer

MetalStream will be offering metal stream tokens backed by physical gold to qualified investors, per the terms and conditions below. 

Description

T-REX standard compliant token with the symbol MSGLD on the Ethereum blockchain, representing a perpetual option on gold owned by MetalStream via various metal stream agreements.

Price & Discount

Each MSGLD costs USD 5.50 and is backed by 1/200 oz of gold, a 29.43% discount to the current USD 1,700.50 spot price of gold.

Number of MSGLD on Offer

The total number of MSGLD issued in this offering is 100 million.

Minimum Subscription

The minimum subscription is 500 MSGLD, or USD 2,750.

Payment Methods

Tokens may be purchased with USD, ETH or BTC.

Minimum Holding Period

Tokens purchased under this offer have a minimum holding period of 90 days, enforced via transfer restrictions on the token.

Redemption Rights

Holders of MSGLD are granted the right to redeem their tokens for physical gold, at the rate of 2,000 tokens for 10 oz of gold bullion, after the minimum holding period. Redeemed gold will have a minimum fineness of 99.5% as certified by the LBMA. On redemption, the option will expire and the MSGLD will be burned.

Bullion Delivery Date

A bullion delivery date event will be declared by the Company, under normal full disclosure provisions. MSGLD can be redeemed from the bullion delivery date, or 3 years after the initial token offering closing date, or 120 days after the declaration of commercial production, whichever comes first. 

Register Now

Get notified when you can buy MSGLD tokens, and receive Metalstream updates

Frequently Asked Questions

Please find below answers to some of the most frequently asked questions about MetalStream and the MSGLD tokens. Don’t hesitate to contact our team on support@metalstream.io, or visit our Telegram group.

MetalStream has negotiated favourable terms via metal stream contracts on the purchase of gold from its partners, This allows MetalStream to sell MSGLD tokens at a 29.43% discount to the current USD 1,700.50 spot price, and still make a healthy profit.

The model is advantageous to both miners and purchasers of the tokens.

Bullion used for redemption against MSGLD will be certified with a minimum fineness of 99.5% by the LBMA (London Bullion Market Association) and stored by an LBMA accredited bullion storage holder.

The tokens can be redeemable for gold after the holding period. Gold can be redeemed regardless of if there is a delay in production in one of the metal streams backing MSGLD. Finance on gold resources is capped at 12.5% of the identified resources of each project to mitigate the risk that production may be below the nameplate capacity.

The MetalStream model ensures that the price of the tokens will not fluctuate from the spot rate of gold as temporary price inequalities will be re-balanced by arbitrage traders and trading bots taking advantage of price inequalities.

MetalStream will list MSGLD on several reputable, regulated and accredited digital exchanges, tradeable 24 hours a day. Tokens may also by traded directly between parties, and via any OTC broker dealing with digital securities. In addition, tokens may be redeemed for physical gold by token holders at any time beyond the initial stipulated holding and redemption periods, as per their terms of issue.

MetalStream sources gold from reputable mining development companies, based in low-risk jurisdictions. MetalStream signs agreements with partners to ensure that they are covered in the event that the partner doesn't deliver gold on schedule, and pass these contingencies on to the MSGLD token-holder.

In addition, MetalStream uses 25% of token sale proceeds to immediately buy and store bullion, such that redemptions can occur before the partners start delivery of gold. This store of gold is topped up as delivery occurs.

MetalStream utilises up to 25% of the funds from token sales to purchase and store bullion, so that token holders will have an early redemption opportunity, after the mandatory holding period has expired, and a bullion delivery event has been declared.

Each issuance of MSGLD is backed by precious metal sourced by MetalStream partners that have signed a metal stream agreement to deliver gold. As the gold is delivered, it is stored against potential future redemptions. Each MSGLD token is backed by 1/200 oz gold, and 2,000 MSGLD can be redeemed for a 10 oz gold bar. Forward purchase agreements have been signed to purchase gold from Canamex Gold CorpGuyana Gold Strike, and Altamira Gold Corp, all publicly listed Canadian companies. We are currently negotiating an additional purchase to back the public offer.

When purchasing metal streams to back tokens, MetalStream limits this acquisition to 12.5% of the known metal resources, with MetalStream token holders given rights on the first extraction from the development. This mitigates against the failure of a mine to reach its forecast potential, as tokens are issued against the metal stream and not the mining development.

Ownership of gold via MSGLD is safer than traditional ownership for a number of reasons. The blockchain offers an immutable record of ownership, and a full audit trail which includes the physical verification of the gold itself. Should MSGLD holders lose access to their wallets (for example, by forgetting a password or having their computer stolen), the tokens can be reissued by MetalStream. Furthermore, in the unlikely event of hacking, theft or fraudulent transfer of the MSGLD and MetalStream can force a transfer of the tokens back to their rightful owners.

MSGLD is offered at a 29.43% discount to the current USD 1,700.50 spot price of gold, which mitigates against a potential negative drop in the future spot price. Purchase of MSGLD offers investors improved diversity and hedging opportunities.

Each MSGLD costs USD 5.50 and is backed by 1/200 oz of gold, a 29.43% discount to the current USD 1,700.50 spot price of gold.

The total number of MSGLD issued in this offering is 100 million, representing 450,000 oz of gold.

The minimum subscription is 500 MSGLD (USD 2,750). 

The maximum subscription is 1 million MSGLD (USD 5.5 million).

Tokens may be purchased with USD, ETH or BTC.

Tokens purchased under this offer have a minimum holding period of 90 days, enforced via transfer restrictions on the tokens issued.

Holders of MSGLD are granted the right to redeem their tokens for physical gold, at the rate of 2,000 tokens for one 10 oz gold bar, after the minimum holding period as per the terms of issue.

Redeemed bullion will have a minimum fineness of 99.5% as certified by the LBMA. On redemption, the option will expire and the tokens will be burned.

A bullion delivery date event will be declared by the Company under normal full disclosure provisions. MSGLD can be redeemed from the bullion delivery date, or 3 years after the initial token offering closing date, or 120 days after the declaration of commercial production, whichever comes first.

The MSGLD token is defined on the Ethereum blockchain at address 0x096b9077f6D2925C36a696345671BD9782df3c86.

MSGLD is certified by Blockchain Labs Asia to be compliant with the T-REX security token standard, and meet the requirements necessary to be listed as a “Security Token” and “Tokenized Asset”. The source code for the smart contracts can be inspected along with information about the token and holders via Etherscan.

The tokens are issued by MetalStream in Labuan, and both their issuance and offering are regulatory compliant.

Aside from having an asset-backing, as a T-REX compliant security token, MSGLD offer inherently greater levels of safety and security to the holder over a utility token or cryptocurrency. Ownership of precious metal via MSGLD is safer than traditional means of ownership, as the blockchain provides an immutable audit trail and proof of ownership, including the physical verification of the gold and silver itself. The tokens were created using fully audited smart contracts.

If a token holder loses access to their tokens, MetalStream is able to reissue the MSGLD tokens quickly and efficiently. In the unlikely event that the tokens are proven to have been transferred to a third-party as a result of theft or fraud, MetalStream may execute a forced transfer to allow full recovery of the MSGLD token by the rightful owners.

As tokenized gold available for purchase globally, MSGLD tokens are inherently more liquid than physical gold. MSGLD tokens can be traded directly, and are planned to be listed on multiple secondary exchanges, offering 24 hour liquidity for token holders. Tokens are by their nature more efficiently and easily stored and traded than physical metal.

The MSGLD token holder is granted a perpetual option on gold which can only expire or be cancelled upon delivery of the physical bullion against the token. There is therefore no expiry date on the MSGLD token itself, which can be held or traded indefinitely until redeemed.