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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 168990 times)
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September 25, 2017, 07:15:09 AM
 #1701

do gold commissions depend on the country/citizenship?
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September 25, 2017, 07:21:42 AM
 #1702

how is it burned?
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September 25, 2017, 07:33:53 AM
 #1703

how can gold help me hedging risks on the cryptocurrency market?
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Alexander KOSTIN | GoldMint


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September 25, 2017, 07:39:10 AM
 #1704

Greetings!

do gold commissions depend on the country/citizenship?

No. Rather, commissions and broker commissions are taken into account in calculating our commissions for GOLD.

how is it burned?

GOLD assets are burned, or destroyed, when physical GOLD is withdrawn from the Custody Bot.

how can gold help me hedging risks on the cryptocurrency market?

The price of GOLD is set according to the price of gold at LBMA market. GOLD has gentler volatility than cryptocurrency, so the risks of receiving less for buyback are less than had you used, say, bitcoin to make your transaction.

With regards,
team GOLDMINT

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September 25, 2017, 07:45:14 AM
 #1705

how can icos find gold profitable?
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September 25, 2017, 07:51:03 AM
 #1706

I support this project!
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September 25, 2017, 07:57:27 AM
 #1707

if the gold is damaged or stolen, who will take responsibility for?
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September 25, 2017, 08:03:09 AM
 #1708

How can it be both backed by real gold and run on blockchain?
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Alexander KOSTIN | GoldMint


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September 25, 2017, 08:10:49 AM
 #1709

Greetings!

how can icos find gold profitable?

For the same reason as above. Generally, ICOs receive their funding in cryptocurrency which has unpredictable and dramatic volatility. GOLD, which aligns itself to LBMA, can hedge unpredictable money losses after the ICO has launched.

if the gold is damaged or stolen, who will take responsibility for?

The gold we use to back GOLD digital assets is all insured.

How can it be both backed by real gold and run on blockchain?

A GOLD token can be issued if only GOLDMINT has a troy ounce of physical gold or ETF available to back it. To back tokens with gold means to provide 100% guaranteed anytime GOLD tokens buyback by GOLDMINT their self. That will provide stable price for these tokens which is in lack on market today.

With regards,
team GOLDMINT

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September 25, 2017, 08:16:07 AM
 #1710

I like the project.,good luck team
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September 25, 2017, 08:21:17 AM
 #1711

What exchanges should we expect? I need liquidity on my investments.
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September 25, 2017, 08:26:54 AM
 #1712

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?
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September 25, 2017, 08:32:52 AM
 #1713

Any gauranteed coin won't be dumped when it reaches exchanges ?
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Alexander KOSTIN | GoldMint


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September 25, 2017, 08:39:30 AM
 #1714

Greetings!

What exchanges should we expect? I need liquidity on my investments.

We meet all the requirements of SEC regulations and our tokens can't be determined as securities.
The final decision of listing us on exchanges lays upon exchanges their self.
According to all this we will start listing negotiations right after our  ICO.
The first exchanges to list tokens are usually Liqui, YoBit, Tidex, HitBTC.

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.

Any gauranteed coin won't be dumped when it reaches exchanges ?

We can't guarantee a fast profit to our investors right after our first appearance on exchanges. We guarantee their profit after the development of the product.

With regards,
team GOLDMINT

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September 25, 2017, 08:49:40 AM
 #1715

I see goldmint going
 Over 1 billion
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September 25, 2017, 08:56:56 AM
 #1716

very interested ,but want to know more details.
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September 25, 2017, 09:02:25 AM
 #1717

What is the key idea of the project?
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September 25, 2017, 09:10:55 AM
 #1718

How is gold emitted?
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September 25, 2017, 09:23:50 AM
 #1719

How do i get the money loaned?
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Alexander KOSTIN | GoldMint


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September 25, 2017, 09:31:55 AM
 #1720

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 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.


How do i get the money loaned?


GoldMint loan applicants transfer their GOLD as collateral to a certain GoldMint application. The rate of the loan is established at the time of giving and remains fixed through the loan period. Applicants needs to consent to GoldMint loan terms to receive the loan.Applicant is given various options for repaying loan amount and for mode of repayment. If the borrower defaults, his GOLD cryptoassets are transferred to GoldMint.


With regards,
team GOLDMINT

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