# QXMP Labs > QXMP Labs operates the world's first Layer-1 RWA blockchain (QELT) with an integrated oracle network. Over $1.1 trillion in JORC 2012 & NI 43-101 certified reserves — gold, uranium, rare earth elements, diamonds, lithium, and copper — verified on-chain with live proof-of-reserves. The QXMP Reserve Token is a multi-asset hybrid stable designed as the "Reserve of Reserves" — central banking for Web3. ## Quick Facts - **Entity**: QXMP Labs (QELT LLC, Wyoming, USA) - **Founded**: 2024 - **Website**: [https://qxmp.ai](https://qxmp.ai) - **Blockchain**: QELT Layer-1 (Chain ID 770, EVM-compatible, Hyperledger Besu, PoA) - **Treasury Value**: $1.1+ trillion USD in verified reserves - **Token**: QXMP Reserve Token (ERC-20 on QELT) - **Contract**: `0x9b72C2c3adf4E4165D637c97E8321d1C7768Fd7C` - **Oracle Contracts**: ProofOfReserve `0x49705Fa01A7952dd1b7c2DdFe432C650520C74F9`, AssetRegistry `0x9Df7F7ba353Ef7405714248e8116C6F5F68eb78a` - **Compliance**: JORC 2012, NI 43-101 - **Vision**: Reserve of Reserves — Central Banking for Web3 ## What QXMP Does QXMP Labs tokenizes verified real-world assets (gold, uranium, rare earth elements, diamonds, lithium, copper) onto the QELT Layer-1 blockchain. Each asset is certified under international mining standards (JORC 2012, NI 43-101) and verified on-chain through an independent oracle network providing live proof-of-reserves. The QXMP Reserve Token is backed by $1.1T+ in these verified geological reserves — making it fundamentally different from cash-backed stablecoins like USDT or USDC. It features 2-3× overcollateralization, planned MSCI Emerging Markets Index exposure for growth, and institutional-grade compliance. ## QELT Blockchain Ecosystem QXMP acquired the entire Studio Blockchain ecosystem for $1.5M, now operating as QELT (Quantum Enhanced Ledger Technology): - **QELT Layer-1 Chain**: EVM-compatible, Hyperledger Besu, QBFT consensus, sub-second finality - **QXMP Oracle Network**: Independent proof-of-reserves with cryptographic signatures - **Block Explorer**: Real-time transaction tracking with smart contract verification - **Native DEX**: Uniswap v4 compatible with concentrated liquidity - **Cross-Chain Bridge**: Multi-chain (ETH, USDT, USDC, DAI) with multi-sig security - **AI Development Suite**: Natural language to Solidity, automated security audits - **Indexer Services**: REST & GraphQL APIs, sub-100ms query latency - **AI Community Agents**: 24/7 engagement on X and Telegram - **DevOps Infrastructure**: CI/CD, Terraform, blue-green deployments ## Treasury Assets Total verified reserve value: $1.1+ trillion USD across 12 asset projects: | Asset | Value | Standard | |-------|-------|----------| | Lüderitz–Sperrgebiet Coastal Zone | $237.5B | JORC 2012 | | Rhenosterspruit & Syferfontein Multi-Farm | $352.7B | JORC 2012 | | Rhenosterspruit Portions 8/9 & Syferfontein 35 | $113.9B | JORC 2012 | | Chibuto Heavy Mineral Sands | $56.2B | JORC 2012 | | Rhenosterspruit site 8 & 51 | $37.9B | JORC 2012 | | West Coast Diamond Project | $24.6B | JORC 2012 | | Diamond Mine Assets | $16.8B | JORC 2012 | | Marlborough Lateritic Nickel & Cobalt | $9.8B | JORC 2012 | | Spanish Ice | $8.2B | JORC 2012 | | AKTA Gold Project | $6.8B | NI 43-101 | | Kafferskraal 400 IP Farm | $2.6B | NI 43-101 | Asset types: Gold, uranium, rare earth elements, diamonds, lithium, copper, nickel, cobalt, heavy mineral sands. ## Token Economics - **Name**: QXMP Reserve Token - **Standard**: ERC-20 - **Network**: QELT Blockchain (Chain ID 770) - **Backing**: $1.1T+ verified RWA - **Per-Token Value**: ~$109 intrinsic backing per token - **Stability Model**: Multi-asset hybrid (hard assets + planned MSCI EM exposure) - **Overcollateralization**: 2-3× backing ratio - **Distribution**: 25% public sale, 20% team (4yr vest), 20% treasury/DAO, 15% ecosystem, 10% partners, 10% staking ## Competitive Position | Feature | QXMP | USDT | USDC | DAI | |---------|------|------|------|-----| | Backing | $1.1T+ RWA | $117B cash | $32B cash | $5.3B crypto | | Proof of Reserves | 100% live | Quarterly | Monthly | On-chain | | Growth Potential | MSCI EM | None | None | None | | Own Blockchain | QELT L1 | No | No | No | | Overcollateralized | 2-3× | ~1× | ~1× | >1× | ## Corporate Structure - **QELT LLC** (Wyoming, USA) — Legal & corporate backbone - **QXMP Labs** — Technology development & strategy - **QXMP Community SPV** — Community governance - **QXMP Treasuries** — Multi-jurisdictional asset custody ## Key People - Phil Ryan — Founder & CEO - Jacco Van Seventer — Managing Director - Dan Lacey — CRO, Treasury - Joe Tomaszewski — Head of Global Asset Acquisitions - Luke Fagence — CSO - Laurent Visan — CTO - Lee Price — CMO - Renátó Végh — Head of Marketing ## Links - [Homepage](https://qxmp.ai/) - [About](https://qxmp.ai/about) - [Treasury](https://qxmp.ai/treasury) - [QXMP Token](https://qxmp.ai/qxmp-token) - [Oracle](https://qxmp.ai/oracle) - [Blockchain](https://qxmp.ai/blockchain) - [Developer Portal](https://qxmp.ai/developer-portal) - [QELT Chain](https://qelt.ai) - [Contact](https://qxmp.ai/contact) - [Full AI Documentation](https://qxmp.ai/llms-full.txt) ## Important Disclaimers - QXMP is NOT affiliated with or endorsed by MSCI, BlackRock, or Vanguard - MSCI EM Index integration is PLANNED, not yet implemented - Past performance does not guarantee future results - Reserve values based on certified geological reports (JORC 2012, NI 43-101) --- Last Updated: 2026-02-19 Contact: https://qxmp.ai/contact