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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 95003 times)
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September 28, 2017, 04:48:20 AM
 #2181

Greetings!

Clarify the roadmap for your investors

We plan to start our ICO on September 20th, 2017. After that we are going to develop our blockchain. Next spring we are going to put GOLD in rotation. Around next autumn Custody Bot will be released and we will get on american exchanges since our token is not a securities.

How was the idea of GoldMint conceived?

The idea of ​​GoldMint reached Dmitry Pluschevsky's mind when he worked as a director of a venture fund in Russia and was looking for niches for a new business.

Who is the escrow of GoldMint wallets and who will check the expenditures of the funds raised during ICO?

The board of directors of GoldMint company - Dmitry Pluschevsky, Konstantin Romanov, Igor Ryabenky (Altair Capital) and two independent directors will check the expenditures. They approve the company’s budget for the development.

With regards,
team GOLDMINT

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September 28, 2017, 04:59:21 AM
 #2182

What difference between MNT and GOLD?
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September 28, 2017, 05:08:51 AM
 #2183

It's like their endgame product is a redbox filled with gold. So many custody bots are going to get stolen lol. That is what you get for crypto blasphemy. Also I have to say, the amount of bullcrap questions and shills in this thread is just... impressive. Dunno if it will translate into a successful ico though since the idea is fundamentally idiotic.

"the destruction of privacy widens the existing power imbalance between the ruling factions and everyone else" -- Julian Assange
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September 28, 2017, 05:11:25 AM
 #2184

what is goldmint?
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September 28, 2017, 05:16:43 AM
 #2185

what is goldmint?
Like this dumbshit of a question for instance.

"the destruction of privacy widens the existing power imbalance between the ruling factions and everyone else" -- Julian Assange
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September 28, 2017, 05:19:56 AM
 #2186

How Custody Bot analyse the value of gold?

Gold inspection includes: 
     ●    Visual  identification  of the product by  an  operator –  coin,  ingot, jewelry, raw gold or gold granules 
     ●    Evaluation via spectrography using the spectrograph installed within the box   
     ●    Evaluation and weighing of gold via hydrostatic weighing   

Custody  Bot  uses  the  technologies  of  spectral  analysis  and  hydrostatic  weighing  to  inspect the value  of the  gold.  In the  absence  of  a  single  standard,  a  specialist  also manually inspects the jewelry before Custody Bot conducts spectral analysis.

Spectral analysis: the process:
Custody  Bot  uses  fluorescence  spectroscopy,  a  type  of  electromagnetic  spectroscopy  that analyzes  fluorescence  from  a  sample.  This technique  involves using  a beam  of  light, usually ultraviolet light, that excites the electrons in molecules of certain compounds and causes them to  emit  light.  An  analyzer  crystal  disperses  radiation  onto  the  gold  via  a  detector.  A computer-controlled  precision   goniometer  moves  the  analyzer  crystal  and  detector  and controls the position, intensity and lengths of secondary radiation waves. Concentration of the analysis is calculated by comparison with known standard samples. 

Hydrostatic weighing: the process: 
Hydrostatic  weighing  determines  the  density  of  the  gold  and  is  done by weighting the  item first  in  air  then  liquid  and  calculating  the  combined  private  density  (ρ2). Estimation  of density is made by contrasting the density of gold to densities of other metals. 

The  initial weighting  lets  define the valuable’s weight (m1) and the second one lets detemine the volume: V=(m1-m2)/ρ2.
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September 28, 2017, 05:21:05 AM
 #2187

what is the key idea of the project?
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September 28, 2017, 05:29:58 AM
 #2188

as a trader only i dont give a shit.
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September 28, 2017, 05:40:24 AM
 #2189

Greetings!

What difference between MNT and GOLD?

GOLD
Cryptoasset. Cost and buyback are 100% based  on LBMA It's application depends on the agreement described by GoldMint company. It's value depends on amount of gold in reserves/ circulation
MNT
GoldMint’s cryptocurrency is used to confirm GOLD cryptoasset transactions. Amount of MNT determines amount of GOLD transactions. Growth of MNT depends on turnover  of GOLD.

what is goldmint?

GoldMint is a blockchain-based company that helps gold owners trade, loan, invest in and use their GOLD assets, that are 100% backed by physical gold, for profit.

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.

With regards,
team GOLDMINT

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September 28, 2017, 05:56:54 AM
 #2190

how are the commissions distributed?
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September 28, 2017, 06:02:33 AM
 #2191

what is trust management?
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September 28, 2017, 06:08:06 AM
 #2192

which operations does goldmint run with gold which ensure the investor with some income?
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September 28, 2017, 06:14:58 AM
 #2193

This looks very worth watching. Seriously.
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September 28, 2017, 06:21:19 AM
 #2194

Greetings!

how are the commissions distributed?

75% of GOLD commissions are sent to miners/ MNT holders as rewards for verifying blocks. The other 25% are directed to charity and platform development.

what is trust management?

Trust management occurs when investors send their GOLD to GoldMint and the company uses these assets for P2P loans or for buying physical gold (e.g., for goldfield development).

which operations does goldmint run with gold which ensure the investor with some income?

GoldMint provides investors with the following opportunities: 1. P2P lending - GoldMint gives investors significant interest when they lend GoldMint their gold (in the form of GOLD). 2. Opportunities related to physical gold - GoldMInt helps gold investors invest in goldfield development and in trading gold metals.

With regards,
team GOLDMINT

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September 28, 2017, 06:27:20 AM
 #2195

how is my income calculated? (provide an example here as well)
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September 28, 2017, 06:32:13 AM
 #2196

what are some of the gold applications?
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September 28, 2017, 06:38:06 AM
 #2197

which other elements does the goldmint infrastructure include?
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September 28, 2017, 06:44:06 AM
 #2198

too complicated for most of people. I think.
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September 28, 2017, 06:50:25 AM
 #2199

Greetings!

how is my income calculated? (provide an example here as well)

The amount payable to the investor is the following: SUM = (1 + (X / 12) * T) * Q where the number X (i.e., x%) is set by GoldMint based on market conditions. T= the amount of months the gold was loaned. Q= the interest tagged to the loan. Example: As of August 2017, the parameters would be X = 10%, Y = 28% per annum, and T = 1 year. This means that GoldMint receives 28% per year, an annual 10% of which goes to the investor.

what are some of the gold applications?

Custody Bot stores the user’s GOLD and/ or gold jewellery, coins and other other gold items as collateral and simply to protect them. It also serves as the conduit for inspecting the gold, therefore determining how much GOLD the user receives.

which other elements does the goldmint infrastructure include?

Graphene hosts the Graphene blockchain, API and a crypto exchange for GOLD trade.

With regards,
team GOLDMINT

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September 28, 2017, 06:56:06 AM
 #2200

what is the use of api implementation?
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