Greetings!Which data will be stored on grapheme blockchain?
Details of the miner rotation, miners’ rewards and incentives as well as details related to Custody Bot operations (e.g., assessment, weight, when allocated and withdrawn). Also stored on Graphene are all details related to GoldMInt’s GOLD transactions. What happens if the miner doesn’t have enough computing power to verify a transaction?
The miner can buy more from from other miners on the network. Which rights does MNT provide its holders with?
MNT tokens holders are allowed to vote on GoldMint’s platform in proportion to their number of tokens. This means that when changes are made to GoldMint’s platform, MNT token-holders vote on whether or not to accept these changes. They also have a right to validate blocks and get rewards in GOLD. With regards, team GOLDMINT
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_______________________________________________________________ Мы собираемся превратить золото из мертвого металла, лежащего в сейфах, в динамический объект стоимости для пиринговых транзакций. Вот как:
Статья на CoinTelegraph_______________________________________________________________
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Greetings!
How Custody Bot will be linked to a blockchain?
The Airalab Core platform links Custody Bot to the blockchain. We are consulting with them because they have a huge expirience about connecting various bots to blockchain Why don't you use ETH blockchain?
GoldMint’s blockchain, using the Graphene platform will be launched. Advantages of such a choice compared to using an Ethereum private fork are as follows: 1. Safer - GoldMint blockchain uses its own coins rather than turing-complete smart contracts. 2. More productive - GoldMint uses PoS, is optimized for GOLD transactions as there are no other ICOs on the same platform. 3. Cheaper - no charge for ether commissions. 4. The Graphene blockchain supports PoS. What is the use of API implementation?
The Application Programming Interface (API) regulates the GOLD, distributing these tokens to the following entities: E-commerce that can use GOLD for transactions. Local banks and Monetary Financial Institutions (MFIs) that can use GOLD as collateral. The API also regulates the GOLD that is used as escrow for bank accounts and as financial guarantees. With regards, team GOLDMINT
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_______________________________________________________________ Currently our team is in meetings with partners in Asia: banks, gold traders, investors! Photo taken in Hong Kong._______________________________________________________________
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_______________________________________________________________ Прямо сейчас наша команда встречается с партнерами в Азии: банками, трейдерами золота и инвесторами! А эта фотография сделана в Сингапуре._______________________________________________________________
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Greetings!
What can i do with GOLD assets?
You can use GOLD assets for the following: Exchange fiat to cryptocurrency - Right now the fiat-cryptocurrency exchange market exceeds $400 million. Experts predict that this will reach billions once banks regulate the cryptocurrency industry. Hedge volatility risks - Traders and other cryptocurrency users can hedge their gold commodity with GOLD on any cryptocurrency trading exchange, without leaving that particular platform. Traders can also diversify their trading portfolio with GOLD assets. Payroll unit- Given its low volatility, you may prefer GOLD to BTC and altcoins for paying employees. Because of its low commissions, high speed, and affordability (no extra charges for transborder payments), you can also use GOLD instead of fiat for regular deals. ICO currency - ICOs can ask for GOLD donations instead of regular cryptocurrency funds to hedge the high volatility risks that tend to accompany cryptocurrency. Buy and transport physical gold - You can convert your physical gold into GOLD in any bank that uses the GoldMint blockchain platform. This not only protects cross-country gold transportation but also simplifies the process. How is gold emitted?
The amount of GOLD that is emitted depends on the amount of physical gold and ETF backing that GoldMint has in its reserves. The amount of GOLD in circulation can never exceed GoldMAn's reserves of physical gold. What other projects run on graphene?
Graphene also allows its users other platforms that include:Openledger - exchange Rudex - exchange Satoshi.fund - fund Hubdsp - DSP platform Peerplays - betting platform Steemit / Golos.io - news platform With regards, team GOLDMINT
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Hi, I’ve joined twitter campaign since august,14 and I always comment and make a tweet using #GOLDMINT everyday, 1 comment/day and 1 tweet/day, but when I checked in spreadsheet I just found some stakes, I got 20 stakes since two weeks, but in table comments i see “no #GOLDMINT” , I always using #GOLDMINT in comment and make a tweet, please give me information. Any mistakes in my tweets or anything? Thanks before
Greetings! We will check it immediatly, what is your Twitter account name? Thank you for participating!
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Greetings!
Gold token won’t be listed on any exchange, correct? And let’s say if i want to buy it, given that it requires the ‘kyc’, how and where will you sell your token?
Initially, GOLD tokens will be traded at GoldMint website, the traders will need to pass the KYC procedure which will not take more than 30 minutes. Later on they can be traded wherever according to the terms and conditions of a particular exchange. What are MNTP tokens?
The miner can buy more from from other miners on the network. What are MNTP tokens?
The price of one GOLD equals one ounce of physical gold on the LBMA. Applicants who want to trade GOLD for fiat need to undergo GoldMint's KYC procedure. If accepted, the applicant’s GOLD cryptoasset is transferred from his, or her, GoldMint wallet to a special GoldMint account and is converted to fiat. GoldMint sends this fiat to the applicant. So, the price with commissions you receive for buying GOLD is LBMA + 5%, selling - LBMA + 2%. Therefore the way fiat => GOLD => fiat will be 3%. With regards, team GOLDMINT
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_______________________________________________________________ Привет всем, кто следит за нашим проектом! Мы полностью готовы к проведению ICO и уже открыли код нашего смарт контракта на Гитхабе. Смотрите по ссылке._______________________________________________________________
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_______________________________________________________________ Greetings to everyone following our project! We are completely ready for ICO and posted the code for our smart contract on GitHub. Check it out here._______________________________________________________________
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_______________________________________________________________ Vladislav Martynov, the advisor at GoldMint, presents the concept of GoldMint stable cryptoassets GOLD at Blockchain&Bitcoin conference in Stockholm, September 7.
YOUTUBE LINK_______________________________________________________________
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Greetings!HOW ARE THE REWARDS FOR MINING DETERMINED?
According to the amount of MNTs the miner has. WHAT HAPPENS IF THE MINER DOESN’T HAVE ENOUGH COMPUTING POWER TO VERIFY A TRANSACTION?
The miner can buy more from from other miners on the network. WHY IS GOLDMINT PLATFORM BUILT ON GRAPHENE?
The advantages of Graphene compared to Ethereum include the following. It is: Safer - GoldMint blockchain uses its own coins rather than turing-complete smart contracts. More productive - GoldMint is optimized for GOLD transactions. GoldMint is the only ICO that uses this platform, so its platform executes workloads The Graphene blockchain supports PoS.Cheaper - there is no charge for ether commissions.faster and more effectively. With regards, team GOLDMINT
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Greetings!Why don't you use ETH blockchain?
GoldMint’s blockchain, using the Graphene platform will be launched. Advantages of such a choice compared to using an Ethereum private fork are as follows: 1. Safer - GoldMint blockchain uses its own coins rather than turing-complete smart contracts. 2. More productive - GoldMint uses PoS, is optimized for GOLD transactions as there are no other ICOs on the same platform. 3. Cheaper - no charge for ether commissions. 4. The Graphene blockchain supports PoS. What about GOLD/MNT mining?
"To start mining, you just needs to download a program from the GoldMint repository, launch it on your device, fine-tune it and start mining. Consensus algorithm : We use PoS as our primary mining system. In case a user who holds many MNT doesn’t have enough computational power, he can rent computational power from other miners. Miner rotation The amount of stakes depends on the amount of MNT a miner holds. So, if a miner owns 50% MNT, he will be chosen to process every second block. Miner rewards A miner receives a GOLD commission from each processed block. When the block is processed, no tokens are emitted. Describe PoS and why you chose it? Thank you
Proof-of-stake (PoS) is a type of algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. Unlike proof-of-work (PoW) based cryptocurrencies (such as bitcoin), where the algorithm rewards participants who solve complicated cryptographical puzzles in order to validate transactions and create new blocks (i.e. mining), in PoS-based cryptocurrencies the creator of the next block is chosen in a deterministic (pseudo-random) way, and the chance that an account is chosen depends on its wealth (i.e. the stake). In PoS cryptocurrencies the blocks are usually said to be forged (in the blacksmith sense of this word), or minted, rather than mined. Also, usually all the coins are created in the beginning and the total number of coins never changes afterwards (although there are some other versions of PoS where new coins can be created). Therefore, in the basic version of PoS there are no block rewards (e.g. as in bitcoin); so, the forgers take only the transaction fees With regards, team GOLDMINT
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_______________________________________________________________ Наша команда встретилась с Виталиком Бутериным, мы получили ценные советы и обсудили отношение к стейбл коину и нашему концепту_______________________________________________________________
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Greetings!When was the pre-ICO? I haven't heard anything about it.
Our pre-ICO was private. We had only 300,000 tokens each presented to 27 person and 3 venture funds only. You still can join our upcoming ICO. You will be able to buy our tokens using your ETH or BTC. Minimum investment can be 1 MNTP token and $7 equally. We'll open a prior registration at goldmint.io in 2-3 days. You'll be able to register and get access to addresses you'll use to send transfers. Can US/Singapore citizens participate in the ICO?
Citizens, residents (tax or otherwise) and green card holder of the United States of America or Singapore, or other U.S. or Singapore person are exempt from buying MNT tokens. The term “U.S. or Singapore Person” refers to anyone who lives in the United States or Singapore or to any entity that is incorporated under United States or Singapore law. American citizens living abroad can also be considered “U.S. Persons” under certain conditions. How will be distributed tokens during ICO event?
Release of MNT tokens are done by Ethereum-based smart contracts, specially used for distribution of tokens. 80% of 10 000 000 MNT are released during ICO launch. GoldMint team receives two million MNT tokens, and no more than 500 000 per quarter distributed via a special wallet. Some consultants receive MNT tokens two months after ICO launch. Smart contracts can automatically trade ETH into MNT. The number of tokens to be transmitted to a particular user depends on the sum at the time of its receipt by GoldMint. With regards, team GOLDMINT
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_______________________________________________________________ Our team met with Vitalik Buterin, we got valuable advice and discussed our concept of stable coin._______________________________________________________________
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_______________________________________________________________ Генеральный директор GoldMint рассказал об ICO, которое начнется 20 сентября, об уникальных функциях токена MNTP и выхода на американские биржи. Посмотрите видео и узнайте, как получить максимум бонусов на ICO! Ссылка на YOUTUBE_______________________________________________________________
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Greetings!WHICH DETAILS OF GOLD VALUABLES EXAMINATION ARE SENT TO THE BLOCKCHAIN?
The details of both inspections - i.e., the data results of the spectral analysis and the hydrostatic weighing - are stored in GoldMint's blockchain. The timestamps on the valuable’s acceptance and withdrawal are also stored in blockchain. Custody Bot will be distributed in pawnshops and trade centres. WHAT HAPPENS WHEN PHYSICAL GOLD IS WITHDRAWN FROM CUSTODY BOT?
When physical gold is withdrawn from Custody Bot, the corresponding number of GOLD assets are destroyed. WHAT ARE THE COSTS OF CUSTODY BOT DEVELOPMENT?
Spectrometer = $5,000-6,000 Scales = $200-300 Internal manipulator = $2,000-5,000 Built-in PC, touch screen, keyboard = $1,000-1,500 Armored box = $2,000-7,000 Installation, adjustment and commissioning = $500-1,500 Total: $10,700 - 21,300 With regards, team GOLDMINT
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Greetings!WHICH ASSETS CAN BE DEPOSITED TO THE CUSTODY BOT?
Gold jewelry, small ingots (up to 100 grams) and coins. WHY CAN CUSTODY BOT AUTOMATE GOLD VALUABLES ASSESSMENT?
Custody Bot can replace pawnshops as it is more transparent and almost totally automated. WHY DOES GOLD JEWELRY NEED EXTRA EXAMINATION FROM A SPECIALIST?
Manual inspection is needed each time gold jewelry undergoes inspection, as there is no common standard for this type of commodity. With regards, team GOLDMINT
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Greetings!How Custody Bot analyse the value of gold?
Gold inspection includes: ● Visual identification of the product by an operator – coin, ingot, jewelry, raw gold or gold granules ● Evaluation via spectrography using the spectrograph installed within the box ● Evaluation and weighing of gold via hydrostatic weighing Custody Bot uses the technologies of spectral analysis and hydrostatic weighing to inspect the value of the gold. In the absence of a single standard, a specialist also manually inspects the jewelry before Custody Bot conducts spectral analysis. Spectral analysis: the process: Custody Bot uses fluorescence spectroscopy, a type of electromagnetic spectroscopy that analyzes fluorescence from a sample. This technique involves using a beam of light, usually ultraviolet light, that excites the electrons in molecules of certain compounds and causes them to emit light. An analyzer crystal disperses radiation onto the gold via a detector. A computer-controlled precision goniometer moves the analyzer crystal and detector and controls the position, intensity and lengths of secondary radiation waves. Concentration of the analysis is calculated by comparison with known standard samples. Hydrostatic weighing: the process: Hydrostatic weighing determines the density of the gold and is done by weighting the item first in air then liquid and calculating the combined private density (ρ2). Estimation of density is made by contrasting the density of gold to densities of other metals. The initial weighting lets define the valuable’s weight (m1) and the second one lets detemine the volume: V=(m1-m2)/ρ2. WHAT IS CUSTODY BOT?
Custody Bot is GoldMint's unique device. It is programmed for temporary holding, inspection, long-term storing and conveying of gold jewelry, coins or gold. HOW DOES CUSTODY BOT EVALUATE THE ASSETS?
Custody Bot uses the technologies of spectral analysis and hydrostatic weighing to inspect the value of the gold. In the absence of a single standard, a specialist also manually inspects the jewelry before Custody Bot conducts spectral analysis. With regards, team GOLDMINT
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