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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 74495 times)
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September 27, 2017, 01:41:32 AM
 #2001

Greetings!

what are the commissions for transactions in gold?

Most times, when a person buys GOLD for fiat, the price for GOLD will be LBMA + 5%. When they want to sell their GOLD, the price will be LBMA +3%. The commission for managing gold is 0.2-0.8% per annum, depending on gold volatility and investor traffic. After analyzing the correlation between the value of gold and the stock price of the three largest ETFs - the GLD (announced expense ratio 0.4% ), the IAU ( 0.25% ) and SGOL ( 0.39% ) - we estimate that the real backlog of ETF shares in physical gold is about 0.7% (prices are taken from COMEX on the LME ).

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GOLD assets are burned, or destroyed, when physical GOLD is withdrawn from the Custody Bot.

With regards,
team GOLDMINT

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September 27, 2017, 01:52:11 AM
 #2002

how can gold help me hedging risks on the cryptocurrency market?
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September 27, 2017, 02:04:17 AM
 #2003

how can icos find gold profitable?

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September 27, 2017, 02:10:36 AM
 #2004

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

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September 27, 2017, 02:16:34 AM
 #2005

very frustrating indeed , need this coin to be like jesus and rise from the dead
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September 27, 2017, 02:22:29 AM
 #2006

Greetings!

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.

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.

With regards,
team GOLDMINT

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September 27, 2017, 02:28:07 AM
 #2007

I'm in. Good luck everyone

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September 27, 2017, 02:34:06 AM
 #2008

How can it be both backed by real gold and run on blockchain?
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September 27, 2017, 02:41:42 AM
 #2009

What exchanges should we expect? I need liquidity on my investments.
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September 27, 2017, 02:47:06 AM
 #2010

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 27, 2017, 02:53:08 AM
 #2011

Greetings!

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.

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.

With regards,
team GOLDMINT

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September 27, 2017, 02:57:46 AM
 #2012

Great! were and when it will be listed
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September 27, 2017, 03:03:09 AM
 #2013

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

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September 27, 2017, 03:11:13 AM
 #2014

I see MNTP and MNT tokens here. What's the difference?
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September 27, 2017, 03:17:10 AM
 #2015

What are the price expectations? After a month? After a year?

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September 27, 2017, 03:23:45 AM
 #2016

Greetings!

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.

I see MNTP and MNT tokens here. What's the difference?

MNTP tokens can be found on the Ethereum blockchain. 
 ●   Initial emission of MNTP is conducted using the ERC20 interface. 
 ●   GoldMint’s blockchain, using the​ ​Graphene​ platform gor GOLD and MNT tokens will be launched after.

What are the price expectations? After a month? After a year?

MNT has a limited supply and they are used as stake in PoS (proof-of-stake) consensus algorithm. The more transactions there are within GoldMint blockchain the bigger rewards miners get and the more is demand for MNT.

With regards,
team GOLDMINT

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September 27, 2017, 03:58:00 AM
 #2017

Can MNT holders participate in GoldMint company management?
 Is GoldMint a DAO?
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September 27, 2017, 04:00:40 AM
 #2018

stay tuned waiting bounty fb and twitter has started
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September 27, 2017, 04:02:47 AM
 #2019

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

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September 27, 2017, 04:05:33 AM
 #2020

Who is the seller of MNTP tokens?

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