# VeraOne — Tokenized Precious Metals > VeraOne is a suite of ERC-20 utility tokens, each backed 1:1 by LBMA-certified physical precious metals stored in the Geneva Free Ports. Operated by CrypCool SAS, a French company registered as PSAN (Digital Asset Service Provider) with the AMF (Autorité des Marchés Financiers). ## Products - **VeraOne (VRO)**: 1 token = 1 gram of LBMA-certified gold. Smart contract: 0x3... - **OneSilver (SVO)**: 1 token = 1 gram of LBMA-certified silver. - **PlatiOne (PLO)**: 1 token = 1 gram of LBMA-certified platinum. - **PallaOne (PTO)**: 1 token = 1 gram of LBMA-certified palladium. All tokens are ERC-20 on the Ethereum blockchain. ## Key Facts - **Company**: CrypCool SAS (France) - **Registration**: PSAN registered with the AMF (French financial markets authority) - **Storage**: Geneva Free Ports, Switzerland — fully insured, independently audited - **Metal certification**: London Bullion Market Association (LBMA) - **Blockchain**: Ethereum (ERC-20) - **Backing**: Each token is backed 1:1 by physical metal — not fractional, not synthetic - **Audit**: Proof of reserves published regularly; third-party audits available on the website ## How It Works 1. User purchases tokens through the VeraOne platform or supported exchanges. 2. CrypCool SAS acquires the corresponding physical metal from LBMA-certified refiners. 3. Metal is stored in the Geneva Free Ports under independent custody. 4. Each token can be redeemed for physical metal delivery or sold on secondary markets. ## Compliance - CrypCool SAS is registered as a PSAN with the AMF under French law. - VeraOne tokens are classified as utility tokens — they represent a right to access physical precious metals. - VeraOne tokens are NOT financial instruments, NOT securities, and NOT asset-referenced tokens (ARTs) under MiCA. - No investment advice is provided. Token value reflects the international spot price of the underlying metal. ## Team & Experience - Founded by the team behind AuCOFFRE.com, a French platform for physical gold investment since 2009. - Over 15 years of experience in precious metals logistics, custody, and compliance. ## Links - Website: https://veraone.io - Gold (VRO): https://veraone.io/en/gold-veraone/ - Silver (SVO): https://veraone.io/en/silver/ - Platinum (PLO): https://veraone.io/en/platinum/ - Palladium (PTO): https://veraone.io/en/palladium/ - Audits: https://veraone.io/en/audit-processes-and-proof-of-reserves/ - Contact: https://veraone.io/en/contact/ - Partners: https://veraone.io/en/partners/ ## Contact - Email: contact@veraone.io - Company: CrypCool SAS, France