FAQ
Once your registration is approved on our site, depending on your country of residence, we will provide you with the bank account number to which you should send the funds. Upon receipt, we send you your e-wallet in which the DaVinci Gold token(s) you purchased are stored.
In the meantime, the gold assigned to you and of which you are the sole owner will remain safely stored in Brink’s vaults in Zurich, Switzerland.
If you wish Gold Global to handle the shipping, we will select a secure shipper and obtain a quote. You must pay the shipping charges in advance.
Generally, there is no duty charged on 99.99% pure bullion coins or bars. However, this may change in the future and if it does, then you will be responsible for paying these duties as required by your customs and/or tax authorities.
– Tokenization allows for better liquidity, accessibility, transferability and transparency.
– Tokenization refers to the registration of an asset and its rights on a token in order to allow its management and exchange in peer-to-peer on the blockchain, in an instantaneous and secure way.
– Gold Global offers cryptographic delivery of DVGO (DaVinci Gold Ounce) and DVGK (DaVinci Gold Kilo) tokens, the digital title, registered on the private Blockchain, to an immutable allocated quantity of pure physical gold (99.99%/24carats) stored in secure vaults via Brink’s in Switzerland, a safe and stable country with a secure jurisdiction.
– DVGO and DVGK tokens alleviate the storage, insurance and custody burdens we face when we buy gold from a gold dealer and store it on our own.
– Buying gold from your bank or storing it in a bank vault exposes you to a number of risks. Firstly, the bank risk which consists, under certain circumstances, of banks closing their doors (temporarily or permanently) or limiting certain transactions, including access to and/or sale of the gold you wish to withdraw, and secondly, your exposure to certain tax issues depending on your country of residence.
DVGO and DVGK tokens, on the other hand, offer you total control, the freedom to sell, give away, trade or use your gold as a means of payment, simply by transferring in a few minutes your tokens stored on your DaVinci Cash Wallet (which is a Cold Wallet containing your private keys) to a qualified third party holding a similar or compatible wallet (P2P/Pee to Peer). Thus liquidity is given to your gold as part of the Decentralized Finance System (DeFI) without the need for a bank account as opposed to “paper gold” purchased through intermediaries (financial institutions, banks, brokerage firms).
You can exchange your tokens at any time for delivery of the gold allocated to them by Brink’s, which is identified by means of a proprietary nano-laser engraving technology.
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If you can’t find the answer to your question in the FAQ above, you can contact us and we will get back to you as soon as possible.