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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 78888 times)
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September 27, 2017, 07:49:28 PM
 #2141

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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September 27, 2017, 07:51:14 PM
 #2142

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and incentives as well as details related to Custody Bot operations (e.g., assessment, weight, when allocated and withdrawn).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
 #2143

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
 #2144

Which rights does mnt provide its holders with?

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September 27, 2017, 08:08:16 PM
 #2145

There was something written about API? What is about?
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September 27, 2017, 08:13:24 PM
 #2146

How is it burned?
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September 27, 2017, 08:19:14 PM
 #2147

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
 #2148

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
 #2149

I will be following the project.
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September 27, 2017, 08:34:53 PM
 #2150

Tell us more about hedging risks?

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September 27, 2017, 08:41:10 PM
 #2151

Yes, this is a good idea
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September 27, 2017, 08:47:39 PM
 #2152

Is MNTP a security token?
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September 27, 2017, 08:51:54 PM
 #2153

Where is your bounty?

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September 27, 2017, 09:00:51 PM
 #2154

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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September 27, 2017, 11:27:06 PM
 #2155

Describe PoS and why you chose it? Thank you.
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September 27, 2017, 11:36:12 PM
 #2156

how are the rewards for mining determined?

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September 27, 2017, 11:43:34 PM
 #2157

what happens if the miner doesn’t have enough computing power to verify a transaction?
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September 27, 2017, 11:50:00 PM
 #2158

Interesting, i will be watching this project. Best of luck.

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September 28, 2017, 12:01:44 AM
 #2159

Greetings!

Describe PoS and why you chose it? Thank you.

Proof-of-stake (PoS) is a type of algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. Unlike proof-of-work (PoW) based cryptocurrencies (such as bitcoin), where the algorithm rewards participants who solve complicated cryptographical puzzles in order to validate transactions and create new blocks (i.e. mining), in PoS-based cryptocurrencies the creator of the next block is chosen in a deterministic (pseudo-random) way, and the chance that an account is chosen depends on its wealth (i.e. the stake). In PoS cryptocurrencies the blocks are usually said to be forged (in the blacksmith sense of this word), or minted, rather than mined. Also, usually all the coins are created in the beginning and the total number of coins never changes afterwards (although there are some other versions of PoS where new coins can be created). Therefore, in the basic version of PoS there are no block rewards (e.g. as in bitcoin); so, the forgers take only the transaction fees.

how are the rewards for mining determined?

According to the amount of MNTs the miner has.

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.

With regards,
team GOLDMINT

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September 28, 2017, 12:09:52 AM
 #2160

why is goldmint platform built on graphene?
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