Virtual Asset (VA) Standards
Our commitment to VARA compliance and best practices
Overview
ZINBLOCK MINT adheres to the Virtual Asset standards set by the Dubai Virtual Assets Regulatory Authority (VARA). Our operations comply with international best practices and regulatory requirements for virtual asset service providers.
Token Standards & Classification
Property Token Structure
Our property tokens are classified as security tokens representing fractional ownership in real estate assets. Each token confers:
Proportional ownership rights in the underlying property
Rights to receive rental income distributions
Rights to proceeds from property appreciation or sale
Transferability subject to platform terms and regulations
Technical Implementation
Blockchain: Ethereum-compatible smart contracts
Token Standard: ERC-3643 (T-REX Protocol for security tokens)
Compliance Layer: Built-in transfer restrictions and investor verification
Custody & Asset Protection
Hot Wallet Management
Used for operational liquidity with strict limits on holdings
- • Multi-signature authorization
- • Real-time monitoring
- • Maximum 5% of total assets
Cold Storage
Majority of assets secured offline using hardware security modules
- • Offline storage of private keys
- • Geographically distributed
- • 95% of total assets
Market Integrity Standards
Fair Pricing
Property valuations conducted by independent certified appraisers using recognized methodologies. Token prices reflect underlying property values with transparent premium/discount disclosures.
Market Manipulation Prevention
Automated surveillance systems detect and prevent wash trading, spoofing, and other manipulative practices. Suspicious activity is reported to VARA.
Insider Trading Controls
Strict information barriers prevent misuse of material non-public information. Team members are restricted from trading during blackout periods.
Investor Suitability & Protection
Know Your Customer (KYC)
All investors undergo comprehensive identity verification:
Investor Classification
Investors are classified as retail or qualified based on financial capacity and experience. Certain high-risk investments may be restricted to qualified investors only.
Disclosure & Transparency
Property Information: Comprehensive documentation including valuations, legal title, rental agreements, and financial projections
Risk Disclosures: Clear warnings about investment risks and potential for loss
Performance Reporting: Monthly updates on property performance and portfolio valuations
Fees & Charges: Complete transparency on all costs and charges
Cybersecurity Standards
Encryption
End-to-end encryption for all data transmission
Monitoring
24/7 security operations center
Audits
Regular penetration testing and audits
Continuous Compliance
ZINBLOCK maintains an ongoing compliance program that includes:
• Regular internal audits and compliance reviews
• Annual external audits by certified firms
• Staff training on regulatory requirements and best practices
• Engagement with VARA and participation in industry working groups
• Continuous monitoring of regulatory developments and updates
For questions about our Virtual Asset standards or compliance program, please contact our Compliance Officer at compliance@zinblock.com