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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 169031 times)
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Alexander KOSTIN | GoldMint


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September 26, 2017, 04:54:10 AM
 #1841

Greetings!


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.


Does mnt act like a goldmint share?


MNT token does not imply rights to participate in company management of GoldMint and is not a share.


Which data will be stored on graphene 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and incentives as well as details related to Custody Bot operations (e.g., assessment, weight, when allocated and withdrawn).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.


With regards,
team GOLDMINT

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September 26, 2017, 04:59:20 AM
 #1842

What is gold?
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September 26, 2017, 05:04:37 AM
 #1843

Looking good. Got my eye in this. What will happen to the classic chain.
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September 26, 2017, 05:09:42 AM
 #1844

How can MNT tokens be purchased?
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September 26, 2017, 05:13:08 AM
 #1845

What can i do with gold assets?
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Alexander KOSTIN | GoldMint


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September 26, 2017, 05:18:48 AM
 #1846

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 can MNT tokens be purchased?


MNTP is initially released via ICO, after which MNTP tokens will migrate to the GoldMint blockchain, using a 1/1 fork. Then they will receive an MNT ticker.


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.


With regards,
team GOLDMINT

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September 26, 2017, 05:25:33 AM
 #1847

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 26, 2017, 05:28:32 AM
 #1848

How Custody Bot will be linked to a blockchain?
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September 26, 2017, 05:33:05 AM
 #1849

Why don't you use ETH blockchain?
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September 26, 2017, 05:42:51 AM
 #1850

What is the use of API implementation?
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Alexander KOSTIN | GoldMint


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September 26, 2017, 05:50:03 AM
 #1851

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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September 26, 2017, 05:56:01 AM
 #1852

I am so happy this is not just a crypto currency and not just reliant on people buying and selling coins.
alot of thick people in the world
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September 26, 2017, 06:00:14 AM
 #1853

Common Sense Ideas == Good Ideas; We will definitely get on the horn with them
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September 26, 2017, 06:06:08 AM
 #1854

Tell us more about hedging risks?
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September 26, 2017, 06:11:55 AM
 #1855

How can I get a loan with a golden ring for example?
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September 26, 2017, 06:17:57 AM
 #1856

Can i recieve cryptocurrency or fiat loan from Goldmint?
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September 26, 2017, 06:23:06 AM
 #1857

very interested ,but want to know more details.
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Alexander KOSTIN | GoldMint


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September 26, 2017, 06:29:04 AM
 #1858

Greetings!

Tell us more about hedging risks?

Commercial producers and gold workers, like miners, jewelers, or the government, tended to use gold options, futures and ETF as hedging tools.

Today, a significant amount of investors like to use gold to hedge against inflation or to diversify their investments. In fact, gold became the one common investment  of all metals and has a legendary history as commodity and coin. Like other commodities, gold depends on micro and macro economical and political events, so its value fluctuates along with these. GoldMint not only helps you cushion the risk of this volatility but also gives you the option of taking a short position in physical gold bullion, coins or mining stocks.

Here are some reasons why investors choose GoldMint:

You can hedge your investment in gold using the GOLD token. Doing so protects your gold from bearish conditions. Investors can chose to convert just a portion of their assets or all of it with this GOLD cryptoasset
Investors may want to invest in a minimal amount of GOLD to assess whether or not they profit
GOLD is based on real physical gold and therefore possesses far more face-value credibility than other cryptocurrencies, including Bitcoin, have.
The gold market/ gld returns look promising. GoldMint helps investors hedge their risks and promises more for their investments.

How can I get a loan with a golden ring for example?

1. User  presses  the  Open  button.  The  tray  slides  out. The  user  places  a  product  in  it, which gets loaded into the box.                                                                                                                                       
2. The  product  put  into  the  Custody  Bot  machine  enters  the  spectral  analysis block. A  manipulator  forces the product onto scales where it is weighed  twice, once in air then  in liquid.   
3. Once  inspection  is  complete,  the  manipulator  returns  the  product  to  one  of  the compartments inside the Custody Bot. 
4. The  spectral  data  and  weighting  data  are  fed  into  a  computer  installed  inside  the  box. This measurement  data is encoded on the blockchain, made public to anyone who  wants to see the information.
5. You get a loan in GOLD currency.

Can i recieve cryptocurrency or fiat loan from Goldmint?

You may be able to receive a cryptocurrency or fiat loan from GoldMint PTE LTD, using GOLD as collateral. All applicants will need to undergo the KYC procedure.

All members who have GOLD receive GoldMint Partner banks credit cards, aligned with VISA and MasterCard systems. To that end, GoldMint plans to create a special bank card  called “ Bogatstvo ” for prominent pawnshops like “ Blago ” and ” Fianit “.

Process:

GoldMint loan applicants transfer their GOLD as collateral to a certain GoldMint infrastructure element.
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.
Credit card limits are set according to the value of the user’s GOLD.These cards can be used for payment in shops, restaurants and cafes. Interest is accrued to unpaid credit debt. If this remains unpaid, GOLD reverts to GoldMint.

With regards,
team GOLDMINT

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September 26, 2017, 06:35:32 AM
 #1859

how can i get a loan using custody bot?
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September 26, 2017, 06:41:18 AM
 #1860

most of the coins don't give a fuck about us!
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