{
  "token": {
    "symbol": "ALKN",
    "name": "Alkemya Metacore Tokenised LP Interest",
    "isin": "LU3192257148",
    "category": "Regulated Digital Security",
    "structure": "Tokenised Limited Partnership Interest — Luxembourg SCSp",
    "total_supply": 800000000,
    "primary_offering_min": 50000000,
    "primary_offering_max": 200000000,
    "issue_price_usd": 1,
    "intrinsic_nav_usd": 2.05,
    "discount_pct": 51,
    "preferred_return_pct": 6,
    "profit_share_pct": 80,
    "lock_up_tokens": 600000000,
    "launch_date": "2026-06-10",
    "chains": [
      "Liquid Network (Bitcoin L2 via Hadron by Tether)",
      "Canton Network (via HydraX)"
    ]
  },
  "asset": {
    "material": "NP1-grade nickel wire",
    "quantity_m": 7026905,
    "quantity_exact_m": 7026904.76,
    "diameter_mm": 0.025,
    "purity_pct": 99.99,
    "valuation_usd": 1640000000,
    "custodian": {
      "name": "Helvetic Securgest SA",
      "location": "Lugano, Switzerland"
    }
  },
  "validation": {
    "statement": "Material purity, specifications, and performance are validated by five independent institutions and a leading scientist across three continents.",
    "leading_scientist": {
      "name": "Prof. Upadrasta Ramamurty",
      "affiliation": "NTU Singapore",
      "note": "Personal scientific assessment — does not constitute institutional endorsement by NTU Singapore",
      "publications": "250+",
      "citations": "9000+"
    },
    "institutions": [
      {
        "name": "IIT Delhi",
        "location": "India",
        "leads": [
          "Prof. Suresh Neelakantan",
          "Dr. Nirat Ray"
        ],
        "scope": "Mechanical and electrical characterisation",
        "finding": "Tensile strength 900 MPa confirmed"
      },
      {
        "name": "Lectromec",
        "location": "USA",
        "accreditation": "NASA-certified · ISO/IEC 17025:2017",
        "scope": "Wire specification and performance validation",
        "finding": "Meets NASA JPL satellite wire specifications"
      },
      {
        "name": "Allkema Engineering Srl / ASACERT UK",
        "location": "Italy / United Kingdom",
        "scope": "Physical inspection, dimensional verification, quantity certification",
        "finding": "7,026,904.76 metres confirmed at 0.025mm diameter"
      },
      {
        "name": "NSL Analytical USA",
        "location": "USA",
        "scope": "Spectrographic purity analysis",
        "finding": "99.99% purity confirmed"
      }
    ],
    "auditors": [
      {
        "name": "Deloitte Luxembourg",
        "role": "Partnership auditor"
      },
      {
        "name": "Ria Grant Thornton S.p.A.",
        "role": "Co-auditor"
      }
    ],
    "institution_count": 5,
    "scientist_count": 1,
    "continents": 3,
    "iisc_bangalore_note": "IISc Bangalore research is referenced in scientific literature for hydrogen electrolysis performance benchmarks but does not constitute institutional validation of this asset"
  },
  "legal": {
    "issuer": "Alkemya Metacore SCSp",
    "operating_sub": "Green Transitional Metals Pte. Ltd. (GTX) — 70% owned",
    "counsel": [
      {
        "firm": "CMS DeBacker",
        "jurisdiction": "Luxembourg"
      },
      {
        "firm": "CNPLaw LLP",
        "jurisdiction": "Singapore"
      }
    ],
    "auditors": [
      "Deloitte Luxembourg",
      "Ria Grant Thornton S.p.A."
    ],
    "administrator": "Luxembourg-regulated fund administrator",
    "tokenisation_platform": "Hadron by Tether"
  },
  "exchanges": [
    {
      "name": "Bitfinex Securities",
      "regulator": "CNAD",
      "jurisdiction": "El Salvador",
      "reg_no": "EAD-0029"
    },
    {
      "name": "HydraX / LabyrinthX",
      "regulator": "MAS",
      "jurisdiction": "Singapore"
    },
    {
      "name": "Archax",
      "regulator": "FCA",
      "jurisdiction": "United Kingdom"
    }
  ],
  "projections": {
    "horizon_years": 7,
    "projected_revenue_usd": 4750000000,
    "projected_distributions_usd": 1610000000,
    "projected_moic": 8.04,
    "tam_usd": 50000000000
  },
  "investor_portal_faq": [
    {
      "q": "How do I access the investor portal?",
      "a": "Eligible non-US qualified investors may request access via the Invest section, completing KYC/AML on Bitfinex Securities, HydraX, or Archax."
    },
    {
      "q": "What is the minimum subscription?",
      "a": "Minimum subscription requirements are disclosed in the Private Placement Memorandum, available on request to verified institutional investors."
    },
    {
      "q": "How are distributions paid?",
      "a": "Distributions are paid in USDT or bank transfer per the partnership distribution waterfall — 6% preferred return, then 80/20 profit share to token holders."
    }
  ],
  "network": {
    "network_id": "ALKN-Authority-Network",
    "node_id": "NODE-3",
    "federated_sites": [
      "https://nickel-wire.com",
      "https://rwanickel.com",
      "https://alkemyainsights.com",
      "https://alkemyalux.com"
    ]
  }
}