| Token Name | ROCKSTAR CASH COLD TOKEN |
|---|---|
| Token Code | CV-00-99-01 |
| Nº Tokens Issued | Unlimited |
| Rights of each Token | Each token represents either £1 or €1 or $1, less a storage fee, that is physically stored in either a bank volt or a security bonded warehouse managed by a major security firm and fully insured on behalf of the coin volt token holder. |
| Token Price |
£1 or €1 or $1 |
1. Token Description
CV-00-99-01 (ROCKSTAR CASH COLD TOKEN)
With the banking system exposed to greater systemic risks the Cash Cold Token provides the holder of the token the service of cash cold storage for a fee of 0.25% per year. The token holder’s cash in EUR, GBP or USD is taken out of the banking system and warehoused by a major global security firm in a secured bank volt or secure bonded warehouse. The funds are also insured to their full value. We reserve the right to buy back your tokens at the fixed price minus any storage fees and place the proceeds in your respective fiat currency (EUROT, USDT, or GBPT), or to transfer your funds back to your nominated bank account. The Storage Fees are as follows: 1% per annum for the first (1st) year, 0.5% per annum for the second (2nd) year, then 0.25% per annum for all subsequent years. Fees are calculated daily and charged monthly in arears.