Digital market intelligence
First Edition · Original explainers · Historical examples
Home / Asset library / WTIC
Forensic dossier

WTIC

WTIC · Energy Substantiation Partners

UtilityRedeemable claim on the underlying commodity, per the issuer's terms.

What the forensic review found

No exact token contract identified; the design (one WTIC = one barrel of WTI crude via a Volumetric Energy Receipt) is described only in secondary reporting, and governing terms were not obtained.

This asset was researched forensically under the FORA-01 protocol — a review of issuer terms, custodians, audits, and liabilities — rather than through the whitepaper process.

Primary sources

Research status

Classification: Forensic dossier · Reviewed · The links above are the reviewed evidence.

Machine-readable summary →

👁️ Evidence dossier

Verification classClass BFORA-01 scale — verification, not a quality ranking
Claim type · Redeemable commodity claim · Forensic review
What does the holder own?

Title, redemption claim, fractional ownership, reserve exposure — or just narrative.

No exact token contract identified; the design (one WTIC = one barrel of WTI crude via a Volumetric Energy Receipt) is described only in secondary reporting, and governing terms were not obtained.

medium confidence
Unverified
Who holds the underlying?

Needs an identifiable custodian or entity — not a wallet address or a label.

Receipts are said to be held by an independent custodian; no custodian name was found in the sources searched.

medium confidence
Unverified
How are reserves checked?

Custodian records → inventory → third-party audit → supply reconciliation.

Monthly audits are claimed but the auditor is not named; no reserve inventory or reconciliation found.

medium confidence
Unverified
How does redemption work?

Eligibility, minimums, fees, KYC, settlement — and what happens to the token.

Daily redemption to USDC or physical crude is claimed; KYC, jurisdiction, minimum quantity and delivery parameters were not found.

medium confidence
Partially verified
Who is liable if redemption fails?

A legally accountable entity and jurisdiction — not a DAO label.

Energy Substantiation Partners is a named California company; no regulator license was found.

medium confidence
Partially verified

❔ UNVERIFIED means not yet researched — not disproven. Rows marked “researched” were investigated and independent evidence was not found. Coverage expands as FORTUNA verifies. Method: FORA-01 Asset Claim Verification Protocol.

❔ Frequently asked questions

What is WTIC (WTIC)?

No exact token contract identified; the design (one WTIC = one barrel of WTI crude via a Volumetric Energy Receipt) is described only in secondary reporting, and governing terms were not obtained.

What does the holder own?

No exact token contract identified; the design (one WTIC = one barrel of WTI crude via a Volumetric Energy Receipt) is described only in secondary reporting, and governing terms were not obtained.

What is WTIC's verification status?

WTIC (WTIC) carries verification class B (Class B): a mix of VERIFIED and PARTIALLY VERIFIED with no UNVERIFIED and no CONTRADICTED findings. What would change it: Independent evidence closing the partially verified gaps would move it to Class A.

← Back to the asset library