A Token Note is a tokenized debt security backed by a real mining project — a paper certificate held by an institutional transfer agent, mirrored on-chain as an ERC-3643 permissioned token. It carries a face value, maturity and redemption terms.

Verified investors on one of two tracks: U.S. accredited investors under Reg D, or non-U.S. persons under Reg S. Every investor clears KYC, AML and sanctions screening before any allocation.

An open, audited token standard (T-REX) for regulated securities. It binds on-chain identity and a compliance module into the token, so only verified, eligible wallets can hold or transfer a Token Note. See "Why ERC-3643" for detail.

Funds are wired to a segregated escrow per offering — never commingled. The physical Token Note certificate is held by a regulated institutional transfer agent, which is the definitive record reconciled to the on-chain registry.

Yes. Verified holders can trade on the T-Mines P2P Exchange. Every secondary transfer re-runs the five-check compliance stack, so eligibility follows the token across the holding period.

Redemption is triggered by the maturity date or a defined project event. The transfer agent verifies, proceeds are routed to a redemption escrow, and the token is burned on-chain and marked redeemed in the registry.

Issuers pay a structuring and listing fee per offering; investors pay no platform fee to subscribe. Secondary-market trading carries a transparent venue fee shown at the point of each fill.

Through the Onboarding / Register flow: submit the project, complete KYM "Know your Mine" diligence and entity verification, structure the Token Note with the transfer agent, then mint and open the offering.