Bitcoin Forum

Alternate cryptocurrencies => Speculation (Altcoins) => Topic started by: Tremors on May 10, 2018, 11:02:18 AM



Title: Goldmint
Post by: Tremors on May 10, 2018, 11:02:18 AM
Does anyone know what the actual gold backing ratio is for Goldmint?


Title: Re: Goldmint
Post by: osayandeuy on May 10, 2018, 04:51:26 PM
its a great project


Title: Re: Goldmint
Post by: Awesomus Maximus on May 11, 2018, 08:42:14 AM
Not sure what your question really refers to, but the ratio should be 1:1. One GOLD token is worth the price of one ounce of pure gold. GoldMint is just the currency to facilitate GOLD transactions on their blockchain.

Source: https://www.nasdaq.com/article/goldmint-brings-the-blockchain-to-global-gold-markets-cm857533