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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 167215 times)
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September 25, 2017, 02:33:28 AM
 #1661

what is gold?
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September 25, 2017, 02:39:09 AM
 #1662

how is the gold asset backed by gold?
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September 25, 2017, 02:45:42 AM
 #1663

Looking good. Got my eye in this. What will happen to the classic chain.
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September 25, 2017, 02:51:33 AM
 #1664

what is an etf and how can it back gold?
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September 25, 2017, 02:57:05 AM
 #1665

Greetings!

what is gold?

GOLD is GoldMint's cryptoasset. It’s value is aligned to the current LBMA price of gold. One GOLD equals one ounce (31,1035 grams) of gold (999 quality) on the stock exchanges + 5% commission (max.)

how is the gold asset backed by gold?

All of GoldMint's GOLD is backed by the reserves of physical gold or ETF that GoldMint has in its reserves. If there's not enough gold in GoldMint reserves, the company buys extra gold or ETFs in Switzerland.

what is an etf and how can it back gold?

An ETF, or exchange-traded fund, is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund. Unlike mutual funds, an ETF trades like a common stock on a stock exchange. ETFs offer low-cost diversification, trading and arbitrage options. New ETFs range from several dozen to hundreds in any particular year. They can be used to back GOLD, since there is a high demand for ETFs in the gold market. Top ETFs for gold can be found on ETFDB.

With regards,
team GOLDMINT

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September 25, 2017, 03:03:52 AM
 #1666

where does goldmint store its physical gold and which etfs back gold cryptoassets?
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September 25, 2017, 03:08:34 AM
 #1667

Interesting concept as gold is what makes the US dollar
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September 25, 2017, 03:09:29 AM
 #1668

could you give us an example number of the cost storing gold? (e.g. in the usa or switzerland)
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September 25, 2017, 03:16:04 AM
 #1669

okay not too bad to look at the project on this thread of course in this case I still need to see more about goldmint how it would be great in the future
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September 25, 2017, 03:22:49 AM
 #1670

will there be any auditing of goldmint assets?
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September 25, 2017, 03:29:14 AM
 #1671

Greetings!

where does goldmint store its physical gold and which etfs back gold cryptoassets?

GoldMint's gold is locked up in its storage reserves. The amount of gold and the ratings of this gold are confirmed by bank statements which are uploaded in the GoldMint blockchain to guarantee transparency.

could you give us an example number of the cost storing gold? (e.g. in the usa or switzerland)

The average fee for storing physical gold is 0,25% from its estimated value a year.

will there be any auditing of goldmint assets?

An auditor from an objective TOP 100 audit company checks GoldMint's accounts each month and confirms that its gold reserves tally with its accounts and with its GOLD emission. On top of that, GoldMint has its own GoldMint internal auditor check its accounts several times a month.

With regards,
team GOLDMINT

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September 25, 2017, 03:38:44 AM
 #1672

the step seem a little complexed//// but worth to get!
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September 25, 2017, 03:46:40 AM
 #1673

Where can I find your advisors?
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September 25, 2017, 03:56:52 AM
 #1674

What is a key features of GOLD cryptoasset?
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September 25, 2017, 04:06:44 AM
 #1675

What about GOLD/MNT mining?
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September 25, 2017, 04:14:49 AM
 #1676

Greetings!


Where can I find your advisors?


Goldmint is fortunate to have experienced financial market experts. Without them, the realization of Goldmint would not have been possible.

GoldMint project is supported by:

Igor Ryabenkiy https://facebook.com/igor.ryabenkiy
Serge Umansky https://medium.com/@inchain/real-business-people-believe-in-blockchain-5cc5f50d213f
Oleg Seydak https://facebook.com/oseydak
Alex Butmanov https://facebook.com/profile.php?id=100012237450995
Eugeniy Ezhov https://facebook.com/Ezhov.home
Alexey Antonov https://facebook.com/auantonov
Alexey Chuykin https://facebook.com/alexey.chuykin
Kirill Zhukov https://facebook.com/kirill.zhukov.spb
Julian L. Zegelman https://facebook.com/jzegelman
Igor Lemh https://facebook.com/lemhk.igor
Alexey Lazutin https://facebook.com/alazutin
Andrey Zhyrnih https://facebook.com/andreyzhirnykh
Segle Lonshakov https://facebook.com/EnsRationis2020


What is a key features of GOLD cryptoasset?


The characteristics of the GOLD cryptoasset include the following:

        100% transparency  of  information  about  all  Gold  owned by GoldMint, disclosing the company’s  gold  reserves  and  its  ability  to  buy  back  GOLD  at  its  current  trading price. 
        GoldMint  uses the  decentralized blockchain  for  smart  contracts  and  for harboring  its  cryptoassets 
        GoldMint  uses  ETF  for  liquidity  and  elasticity.  ETF helps you trade  gold  far  faster than physical gold does
        A  secured  loan may  contain gold, like jewelry or coins. GoldMint helps you store this collateral in its unique Custody Bot.
        The ability to receive passive income as market price of GOLD rises. 
        Robotic storage unit Custody Bot                                                                                                                 
        Buyback of GOLD for fiat according to the current price of GOLD. 
        A fast user registration system and identification.


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.


With regards,
team GOLDMINT

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September 25, 2017, 04:29:10 AM
 #1677

I see MNTP and MNT tokens here. What's the difference?
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September 25, 2017, 04:35:59 AM
 #1678

Can US/Singapore citizens participate in the ICO?
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September 25, 2017, 04:44:51 AM
 #1679

I see goldmint as the world currency of the whole world
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September 25, 2017, 04:50:44 AM
 #1680

Clarify the roadmap for your investors
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