# Future Gold Tokens and Ownership

## What do tokens represent?

Each token represents legal ownership of a specific quantity of physical commodity (typically 1 gram of gold at 99.9% purity). You own the actual commodity, not just a digital token. This ownership is documented through a bailment agreement.

## Do I actually own the gold?

Yes. Through the bailment agreement, you have legal ownership of the physical commodity. AuResources and the miner holds possession as custodians (bailee and Sub-bailee), but you are the owner (bailor). Your ownership is real and legally enforceable.

## Are these tokens like Bitcoin or Ethereum?

No. While they use blockchain technology, commodity tokens represent ownership of real physical assets. They're not currencies or speculative crypto assets. Each token is backed by verifiable physical commodities.

## Can I trade or sell my Future Gold Tokens?

Future Gold Tokens are not listed on exchanges for open trading. However, you can:

* Transfer them to another wallet address
* Use them as collateral to borrow AuUSD
* Convert to Spot Gold Tokens at maturity
* Redeem for physical commodity (if eligible)

## What blockchain are Future Gold Tokens on?

Currently Polygon PoS (Proof of Stake). The platform is designed with native multi-network architecture and may expand to additional blockchains in the future.

## What's the difference between Future and Spot Gold Tokens?

**Future Gold Tokens** represent commodities still being produced (underground or in production). These have maturity dates when production will complete.

**Spot Gold Tokens** represent processed commodities stored in vaults, ready for delivery. These are available after the Future Gold Tokens tokens mature and the commodity is refined.