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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 168993 times)
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September 27, 2017, 07:15:02 PM
 #2121

Why don't you use ETH blockchain?

The ETH blockchain lately are having problems. At time there is too much traffic also due to many coins already under its network. I actually prefer NEM or maybe Ethereum Classic or better to create another blockchain since Goldmint seems to have solid community and supporters.
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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Alexander KOSTIN | GoldMint


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September 27, 2017, 07:16:42 PM
 #2122

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 27, 2017, 07:23:42 PM
 #2123

2017 will be the year of Goldmint
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September 27, 2017, 07:29:33 PM
 #2124

Which data will be stored on grapheme blockchain ?
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September 27, 2017, 07:36:36 PM
 #2125

What happens if the miner doesn’t have enough computing power to verify a transaction?
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September 27, 2017, 07:43:12 PM
 #2126

Which rights does MNT provide its holders with?
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September 27, 2017, 07:49:28 PM
 #2127

Looks like a promising project with very detailed informations both on ann thread&website. Bookmarking now and really getting curious about its future. Good luck.

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Alexander KOSTIN | GoldMint


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September 27, 2017, 07:51:14 PM
 #2128

Greetings!


Which data will be stored on grapheme 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.


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.


Which rights does MNT provide its holders with?


MNT tokens holders are allowed to vote on GoldMint’s platform in proportion to their number of tokens. This means that when changes are made to GoldMint’s platform, MNT token-holders vote on whether or not to accept these changes. They also have a right to validate blocks and get rewards in GOLD.


With regards,
team GOLDMINT

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September 27, 2017, 07:57:56 PM
 #2129

I think i better get into this one also looks like majority here are in favour of this project.
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September 27, 2017, 08:03:25 PM
 #2130

Which rights does mnt provide its holders with?
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September 27, 2017, 08:08:16 PM
 #2131

There was something written about API? What is about?
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September 27, 2017, 08:13:24 PM
 #2132

How is it burned?
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Alexander KOSTIN | GoldMint


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September 27, 2017, 08:19:14 PM
 #2133

Greetings!


Which rights does mnt provide its holders with?


MNT tokens holders are allowed to vote on GoldMint’s platform in proportion to their number of tokens. This means that when changes are made to GoldMint’s platform, MNT token-holders vote on whether or not to accept these changes. They also have a right to validate blocks and get rewards in GOLD.


There was something written about API? What is about?


GoldMint  plans  to  develop  an Application Programming  Interface  (API) to regulate  GOLD. 

This will achieve the following: 

     ●   E-commerce can use GOLD for transactions. 

     ●   Local banks and Monetary Financial Institutions (MFIs) can use GOLD as collateral. 

     ●    GOLD can be used escrow for bank accounts and as financial guarantees.


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, 08:23:59 PM
 #2134

Very interesting project, could become one of the biggest ICOs of 2017 in my humble opinion. All the best, looking forward to participating in the crowdfunding
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September 27, 2017, 08:28:18 PM
 #2135

I will be following the project.
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September 27, 2017, 08:34:53 PM
 #2136

Tell us more about hedging risks?
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September 27, 2017, 08:41:10 PM
 #2137

Yes, this is a good idea
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September 27, 2017, 08:47:39 PM
 #2138

Is MNTP a security token?
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September 27, 2017, 08:51:54 PM
 #2139

Where is your bounty?
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Alexander KOSTIN | GoldMint


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September 27, 2017, 09:00:51 PM
 #2140

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.


Is MNTP a security token?


No, MNTP tokens are used for ICO only. As soon as GoldMint blockchain is launched, MNTP can be exchanged for MNT used as stake in our consensus algorithm. MNT holders do not receive any passive income. We have a report on MNT/MNTP status from an US lawyer company. This provides us with an opportunity to trade MNT/MNTP on the US market 12 months after ICO.


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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