Will the asset at some point generate a dividend for the Token holders?
Yes
What is the potential for price appreciation or depreciation of the asset itself?
Since the asset is backed by the revenue of the organization the value is affected by the growth of the organization.
What are the potential risks associated with the underlying asset, and how are these risks mitigated?
Market risk: This is the risk that changes in market conditions, such as interest rates or exchange rates, will negatively impact investments or business operations. We must manage our market risk by diversifying our portfolios and hedging our positions. Our focus on overcoming the Risk is we can mitigate market [...]
How frequent does the audit occur?
Every 30 days an independent audit occurs for the token.
How often does the asset accumulate and is allocated towards backing the Token?
At the end of each calendar month.
How is it determined who the organization is that manages the asset?
Through expertise in ISO20022 Blockchain Asset Issuance, Treasury Management Services, and Crypto Custodial Services. Pronexus specialize in ISO20022 Blockchain Asset Issuance and Management.
Is there an independent organization dedicated to the asset management?
Yes, Pronexus Treasury is the Custodian and Treasury management service provider and also a licensed Financial Services Provider in accordance with the Financial Services Conduct Authority. Pronexus is also a CASP (Crypto Asset Service Provider) in the Republic of South Africa.
What is the governance structure for the Token?
The governance structure of doublejack tokens is designed to be decentralized and community-driven, with a focus on transparency and openness.
How is the asset’s value determined and verified over time?
It is audited by independent auditors.
How is the asset ownership verified and recorded on the blockchain?
To ensure compliance with international banking standards, the holding account for doublejack's asset backing their token is verified independently by a third party. This verification process is conducted in accordance with the ISO 20022 guidelines for international banking, which require compliance by 2025. Since doublejack's token is minted on the [...]