The Coal Allocation Token (CAT) is not a derivative. It is a digital title deed to physical, allocated coal. Each token corresponds to a defined quantity of coal tied to a specific, documented batch.
Supply is created only when verified coal exists. There is no arbitrary issuance.
CORE PRINCIPLES
Direct Linkage
Cryptographically tied to physical inventory.
Clear Redemption
Defined terms for physical delivery per listing.
Transparent Ownership
Immutable ownership records on-chain.
Secure Custody
Managed with secure digital custody and traceable transactions.
IMPORTANT RISK DISCLOSURE
Commodity prices fluctuate. Logistics, regulation, and demand conditions may affect timing and value. Full disclosures are provided during onboarding.