# Marketplace Mechanics

The NFT Marketplace supports two primary interaction paths for users seeking allocated metal:

**Direct Purchase of Allocated Assets**

Users may acquire allocated bars or coins listed by vaults or private sellers at a market-determined price. These listings may include a premium reflecting asset-specific attributes such as bar size, brand, location, or immediate availability.

**Settlement occurs as a single, atomic ownership exchange:**

* The buyer transfers the applicable jurisdiction-specific settlement token (e.g., USG or USS)
* The Conditional Claim NFT is transferred to the buyer, reflecting the updated beneficial owner
* The vault updates its records to reflect the new beneficial owner, subject to applicable jurisdictional requirements

**Claiming Allocated Assets Using Fungible Tokens**

Holders of jurisdiction-specific fungible tokens may use those tokens to claim standardized allocated assets that back the token supply.

**In this flow:**

* A user selects an eligible allocated asset
* The required amount of USG or USS is placed into escrow
* The corresponding Conditional Claim NFT is provisionally reserved for the claimant
* The vault conducts required KYC/AML and compliance checks
* Upon approval, legal title transfer is executed by the vault in accordance with local law, and the escrowed tokens are burned pursuant to protocol rules
* If approval is denied, the reservation is released, the NFT returns to the available pool, and the escrowed tokens are returned to the user

This conditional claim mechanism ensures:

* Legal compliance at the vault level
* No premature burning of tokens
* No protocol-level custody or discretion

At no point does the protocol take possession of metal, intermediate settlement, or override vault-level custody, compliance, or title authority.

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