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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 94924 times)
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September 24, 2017, 12:17:05 PM
 #1621

Too funny.
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September 24, 2017, 12:21:42 PM
 #1622

Greetings!

How was the idea of GoldMint conceived?

The idea of ​​GoldMint reached Dmitry Pluschevsky's mind when he worked as a director of a venture fund in Russia and was looking for niches for a new business.

Who is the escrow of GoldMint wallets and who will check the expenditures of the funds raised during ICO?

The board of directors of GoldMint company - Dmitry Pluschevsky, Konstantin Romanov, Igor Ryabenky (Altair Capital) and two independent directors will check the expenditures. They approve the company’s budget for the development.

What difference between MNT and GOLD?

GOLD
Cryptoasset. Cost and buyback are 100% based  on LBMA It's application depends on the agreement described by GoldMint company. It's value depends on amount of gold in reserves/ circulation

MNT
GoldMint’s cryptocurrency is used to confirm GOLD cryptoasset transactions. Amount of MNT determines amount of GOLD transactions. Growth of MNT depends on turnover  of GOLD.

With regards,
team GOLDMINT

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September 24, 2017, 12:34:18 PM
 #1623

I think i better get into this one also looks like majority here are in favour of this project.
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September 24, 2017, 12:48:25 PM
 #1624

what is the key idea of the project?
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September 24, 2017, 12:54:52 PM
 #1625

how are the commissions distributed?
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September 24, 2017, 01:00:29 PM
 #1626

what is trust management?
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September 24, 2017, 01:17:00 PM
 #1627

Greetings!

what is the key idea of the project?

GoldMint buys, sells and repurchases GOLD at the current market price for physical gold. The company uses exchange-traded funds (ETF) or physical gold (of 999 quality) as its security. GoldMint's gold reserves equal or exceed its mined amounts of GOLD.

how are the commissions distributed?

75% of GOLD commissions are sent to miners/ MNT holders as rewards for verifying blocks. The other 25% are directed to charity and platform development.

what is trust management?

Trust management occurs when investors send their GOLD to GoldMint and the company uses these assets for P2P loans or for buying physical gold (e.g., for goldfield development).

With regards,
team GOLDMINT

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September 24, 2017, 01:26:11 PM
 #1628

which operations does goldmint run with gold which ensure the investor with some income?
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September 24, 2017, 01:32:08 PM
 #1629

how is my income calculated? (provide an example here as well)
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September 24, 2017, 01:37:52 PM
 #1630

very frustrating indeed , need this coin to be like jesus and rise from the dead
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September 24, 2017, 01:43:24 PM
 #1631

what are some of the gold applications?
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September 24, 2017, 01:49:09 PM
 #1632

Greetings!

which operations does goldmint run with gold which ensure the investor with some income?

GoldMint provides investors with the following opportunities: 1. P2P lending - GoldMint gives investors significant interest when they lend GoldMint their gold (in the form of GOLD). 2. Opportunities related to physical gold - GoldMInt helps gold investors invest in goldfield development and in trading gold metals.

how is my income calculated? (provide an example here as well)

The amount payable to the investor is the following: SUM = (1 + (X / 12) * T) * Q where the number X (i.e., x%) is set by GoldMint based on market conditions. T= the amount of months the gold was loaned. Q= the interest tagged to the loan. Example: As of August 2017, the parameters would be X = 10%, Y = 28% per annum, and T = 1 year. This means that GoldMint receives 28% per year, an annual 10% of which goes to the investor.

what are some of the gold applications?

Custody Bot stores the user’s GOLD and/ or gold jewellery, coins and other other gold items as collateral and simply to protect them. It also serves as the conduit for inspecting the gold, therefore determining how much GOLD the user receives.

With regards,
team GOLDMINT

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September 24, 2017, 07:28:26 PM
 #1633

High Returns are assured through goldmint.Asset backed ico.

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September 24, 2017, 09:37:21 PM
 #1634

Greetings!

I have ever seen many projects like GOLDMINT,so what's the diffirence between GOLDMINT to the others,if you have already reached your soft cap?

These are the benefits of GOLD tokens:
1. STABLE PRICE
- for cryptotraders it can help hedging risks after a busy day trading.
- for ICOs to hedge your risks when buying new tokens. As you know each ICO has their ETH exchange rate on the first day and rate is kept till the last day frozen. ALL ICOs usually continue for 1 month. And during this month ETH and BTC can suffer really big fluctuations of price.

2. The process to buy any of the cryptocurrencies today having fiat is accompanied with high transactions fees such as 5-8% or even more! Agree?
Same with selling your BTC or ETH for fiat. Is anybody happy with the 10-16% spread of FIAT-GOLD-FIAT circle?
We can provide same with less than 5%! HOW? We are going to deliver this service to banks. We already have banks agreed as they have plenty of GOLD and want to issue GOLD tokens backed by their physical GOLD.
Isn't it nice?

3. FIAT LOANING. We are going to deliver p2p fiat loaning to our GOLD token buyers. How? As a collateral you can deposit your GOLD tokens to GOLDMINT and get a loan on a credit card issued by our bank partners. Why we decided so? There 60000 tones of GOLD excavated today. 30000 of them are on people hands, necks or kept in drawers. Nobody today can refinance physical gold better then pawnshops. Tired of 100-150% pawnshops interest anually?

4. CUSTODY BOT. Here come our future tech - own designed robotic custody bots which can evaluate physical gold, issue GOLD tokens to those who will deposit their physical gold jewellery. Realtime. Hassle free. How is that?

5. CLASSIC INVESTMENT INSTRUMENT. GOLD token holders can also deposit theit GOLD tokens to GOLDMINT trust management and get 6-10% annually

How do you calculate with transaction fees?

GOLD tokens transaction fees are 0,3%.

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!

Each GOLD token issued is backed with an ounce of gold which is provided by 100% guaranteed buyback by GOLDMINT itself. USDT doesn't guarantee its buyback. It's just a bubble of existing volume.

With regards,
team GOLDMINT

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September 24, 2017, 11:30:24 PM
 #1635

which other elements does the goldmint infrastructure include?
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September 24, 2017, 11:36:19 PM
 #1636

what is the use of api implementation?
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September 24, 2017, 11:45:15 PM
 #1637

Where is your bounty?
chaolang
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September 24, 2017, 11:51:41 PM
 #1638

Great! were and when it will be listed
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September 25, 2017, 12:00:30 AM
 #1639

Greetings!

which other elements does the goldmint infrastructure include?

Graphene hosts the Graphene blockchain, API and a crypto exchange for GOLD trade.

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.

Where is your bounty?

Here you can find all details about our BTT campaign: https://bitcointalk.org/index.php?topic=2091804

With regards,
team GOLDMINT

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September 25, 2017, 12:09:25 AM
 #1640

What commission you hold?
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