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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 94839 times)
strideynet
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September 23, 2017, 01:36:39 PM
 #1541

What can i do with GOLD assets?
PLAY OVER 3000 GAMES
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September 23, 2017, 01:41:50 PM
 #1542

How is gold emitted?
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September 23, 2017, 01:46:01 PM
 #1543

What other projects run on graphene?
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September 23, 2017, 01:51:11 PM
 #1544

A chance to be;  Strange alt of the week
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September 23, 2017, 01:57:19 PM
 #1545

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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September 23, 2017, 02:04:43 PM
 #1546

What commission you hold?
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September 23, 2017, 02:05:32 PM
 #1547

Hello!

I have a question: how can your backing gold/eth amount be verified?
Recent news on USDT show us that real reserves can be smaller than needed.

Thanks!
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September 23, 2017, 02:09:02 PM
 #1548

Russian?
Then good luck russsian team!
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September 23, 2017, 02:17:08 PM
 #1549

Is that your model have so-called dividends? Can I have passive income of holding? Explain
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September 23, 2017, 02:24:38 PM
 #1550

Greetings!


What commission you hold?


GOLD commission is Z% (no more than 0.3%), but no less than a fixed Y amount of GOLD
(i.e., more than 0,0025 GOLD depending on the current gold price).


Is that your model have so-called dividends? Can I have passive income of holding? Explain


The more MNT  a validator holds, the more blocks he  can validate and add to the chain.  As  a  result  miner  gets  75%  in  GOLD  equivalent  from  the  commissions  for  the transactions validated.                                                                                                     

In  case  at  the  moment  of  block  validation  the  miner  doesn’t  have  enough  computational  power  to  validate  the  block  or  in  case  he  cannot  do  this  for  some  other  reasons  he  can be deleted  from the White List  of reliable miners  and will  lose the right to  accomplish  a block. 

In  this  case  the  right  to  validate  blocks  goes  over  to  another  user  who has been  chosen by GoldMint algorythm. 

To  become  a  validator  all  you  need  is  to  download  GoldMint  Wallet  app  from the  official website and launch it using your GoldMint account. 

In case  a user who holds many MNT  doesn’t have  enough  computational power, he can rent computational power from other miners.


With regards,
team GOLDMINT


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September 23, 2017, 02:25:39 PM
 #1551

Cool concept! Amidst the triads of ICO's one of a few people can relate to, good luck

You should promote the ICO on Newbium: https://chat.newbium.com

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September 23, 2017, 02:32:34 PM
 #1552

What about GOLD exchange rate?
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September 23, 2017, 02:39:15 PM
 #1553

What commission you hold?
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September 23, 2017, 02:43:10 PM
 #1554

Describe PoS and why you chose it? Thank you
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September 23, 2017, 02:49:01 PM
 #1555

Greetings!


What about GOLD exchange rate?


Emission :1 GOLD = cost of 1 ounce of gold on stock exchanges + 5% commission for fiat-GOLD-fiat – no more than 4%
Buyback: 1 GOLD = cost of 1 ounce of gold on stock exchanges +  max. 5% commission for fiat-GOLD-fiat– no more than 4%


What commission you hold?


GOLD commission is Z% (no more than 0.3%), but no less than a fixed Y amount of GOLD
(i.e., more than 0,0025 GOLD depending on the current gold price).


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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September 23, 2017, 02:57:03 PM
 #1556

How physical gold will be stored?
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September 23, 2017, 03:02:10 PM
 #1557

How do you calculate with transaction fees?
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September 23, 2017, 03:04:06 PM
 #1558

How can icos find gold profitable?
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September 23, 2017, 03:08:26 PM
 #1559

No Twitter or Facebook to help promote?
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September 23, 2017, 03:13:09 PM
 #1560

How do they work?
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