IPMB stands for International Precious Metals Bullion.
It is a digital token released on the Polygon blockchain and has the benefit of being backed by unallocated and verified gold. Each IPMB represents 1 gram of gold, however, it is not pegged to gold and it is not a stablecoin. It is a hybrid utility/payment token. Its utility is to be staked for discounts on GeM NFTs and it is accepted as payment at selected vendors.

GeM stands for Globally exchanged Metal. The GeM NFT is a one-to-one allocated NFT stablecoin product that is pegged to the price of gold. GeM NFTs can be purchased in multiple standard sizes. 

GeM NFTs offer storage of investment-grade gold free of charge, we waive all fees such as management, insurance, storage and even delivery for the gold behind each GeM NFT. Delivery is subject to the jurisdiction, amount and KYC & AML checks.

GeM NFT Holders may also be eligible for loyalty rewards at the discretion of the company.

There are no costs associated with GeM NFTs. The IPMB ecosystem covers all associated gold-holding costs for the first 5 years.

There are no delivery, logistics, or insurance costs;
There are no storage or management costs;
There is no GeM transfer cost.

Fees are charged for:
Fees are charged for the delivery of gold when clients wish to pay for GeM NFTs with fiat, other cryptocurrencies, or IPMB Tokens without staking. Delivery fees are also applicable for those requesting delivery of less than 100 grams of gold.

IPMB vaulted stocks are verified by Grant Thornton Global Network. The assurance report on the agreed upon procedures for verifying the gold is provided by Grant Thornton (Advisory) Cyprus Ltd.

All redeemable gold in the IPMB Ecosystem is verified and up to international investment-grade quality standards such as the LBMA (London Bullion Market Association).

All its gold sourcing and supply is performed according to strict ESG guidelines and OECD guidelines.

IPMB Bullion s.r.o. is a licensed VASP in the Czech Republic.

All of our gold is held in listed recognized vaults such as Brinks or Sharps Pixley. The vaults are independently managed by Sharps Pixley and Brinks Global Services. In due course, our vault network will expand globally.

Yes, each GeM NFT has gold allocated to a 24-carat gold product by serial number.

Each IPMB Token is backed by 1 gram of gold in our supply chain. However, it is not a stable coin meaning it is not pegged. The price can diverge from the price of gold.

To access tokenized physical gold, owners must first convert to GeM NFT and then will have the option to redeem physical gold.

No. IPMB is limited to 200,000,000 tokens and that’s it. No more will ever be minted.

Yes. All our operations adhere to the highest standards and beyond. IPMB source locations are assisted by the IPMB programs to provide essential healthcare and support facilities.

Whilst the cryptocurrency markets are historically volatile, gold is not. Our GeM NFTs offer physical redemption as a ‘stablecoin’ product and our IPMB Tokens are floored by gold offering holders the security that they can always convert to the GeM on at least a 1 token, to 1 gram of gold basis.

IPMB will use spot prices of gold almost on par with the market standards. This price will be used in determining the conversion of crypto or fiat currencies to GeM NFTs.