No counter, no slip, no shop to sell it back to — so what stands in for each?
Buying gold over a counter settles three things at once: you look at the metal, you leave with a written slip, and you know who will quote you a price when you want out. A programme that pays in a token has none of those in that shape. Below is which record answers each of those habits — and what to ask for by name.
Counter habit, and the record that answers it
The programme these pages describe — AYNI Gold: participation tied to a licensed Peruvian gold operation, with rewards measured and paid in metal (PAXG) rather than in a project token.
*Target Variable Reward is a target, not a guarantee; actual rewards vary and may be zero.
“Let me see the metal” — what replaces looking at it
At a counter the metal is in front of you and the scale settles any argument. Here the equivalent is a chain of records rather than a single glance. The mining concession, INGEMMET #070011405, held by Minerales San Hilario S.C.R.L. (RUC 20606465255, incorporated 17 August 2023), says who is permitted to dig. The Phase 1 scoping study (May 2025) says what was surveyed. The May 2026 pilot says what actually came out — 13,434.8 grams of gold, from which $307,000 was distributed to participants. Ask for those three by name. A shop cannot show you any of them, and a programme that cannot either has skipped a step.
“Where is my slip?” — what replaces the written receipt
The slip from a gold shop does one job: it fixes what you bought, in what weight, on what date, and it is the thing you bring back. Here the same job is done by entries against the programme contract on Ethereum, 0x9d70baE2944Ffa477F37Bae227fd981E6eB31982 — issuance of your participation, the lock, and each distribution, all separate records with a timestamp, readable by you without asking anyone. Two independent reviews of that contract, by CertiK and PeckShield, are what stands in for trusting a shop's stamp. What the record does not do is fix an amount: rewards are variable and may be zero.
“Will you buy it back?” — the honest answer
A dealer quotes you a buy-back the moment you walk in, and the gap between his two prices is his fee. There is no equivalent counter here, and pretending otherwise would be dishonest. What exists instead: Gold Units are fixed tiers from $30 to $50,000 that accrue daily and pay out every 90 days, and token staking runs on lock periods from USDT 1,000. The reward arrives as PAXG, in a wallet you control through TurnKey self-custody, and PAXG itself is an ERC-20 that trades and is redeemable with its issuer. So the way out runs through the reward rather than across a shop counter — worth understanding before, not after.
What to ask us for, by name
Five things, and you can ask for them one at a time: the Phase 1 scoping study (May 2025); the CertiK and PeckShield reviews of the contract; the INGEMMET concession record #070011405 together with the operator's RUC 20606465255; the on-chain registry of issuance, lock and distribution events; and the reward formula in the form it is actually applied — extraction − operating costs − programme fee. Tell us which of the habits above you are trying to satisfy and we will point at the specific record rather than at a brochure. Participation grants no ownership of the concession, of gold in the ground, or of the operating company.