Frontiers · Pre-Owned Assets · Ownership & token architecture
Document title or invoice, serial number, condition and custody. The owner bears repair and resale risk.
Define inventory acquisition rules, stock audits, loss reserves, expenses and the distribution waterfall. Pooling adds operational dependencies.
Specify whether holders own an interest in an entity, have a debt claim or receive contractual revenue. Digital transfer alone does not establish physical title.
| Layer | Required design decision |
|---|---|
| Identification | Unique asset ID, serial, provenance and duplicate-financing checks |
| Custody | Who holds, insures, inspects and releases the goods? |
| Cash waterfall | Sale proceeds → selling costs → liabilities → reserves → distributable balance |
| Transfer & exit | Eligibility, transfer restrictions, redemption rights and liquidation process |
| Jurisdiction | Local review of ownership, consumer protection, tax and financial regulation |
Next: build the evidence pack before the conviction.
Due diligence →