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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 78360 times)
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September 28, 2017, 06:02:33 AM
 #2201

what is trust management?
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September 28, 2017, 06:08:06 AM
 #2202

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
 #2203

This looks very worth watching. Seriously.
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September 28, 2017, 06:21:19 AM
 #2204

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
 #2205

how is my income calculated? (provide an example here as well)
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September 28, 2017, 06:32:13 AM
 #2206

what are some of the gold applications?
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September 28, 2017, 06:38:06 AM
 #2207

which other elements does the goldmint infrastructure include?

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September 28, 2017, 06:44:06 AM
 #2208

too complicated for most of people. I think.
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September 28, 2017, 06:50:25 AM
 #2209

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
 #2210

what is the use of api implementation?
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September 28, 2017, 07:10:13 AM
 #2211

Where is your bounty?

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September 28, 2017, 07:14:18 AM
 #2212

What commission you hold?
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September 28, 2017, 07:20:23 AM
 #2213

the step seem a little complexed//// but worth to get!

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September 28, 2017, 07:26:50 AM
 #2214

Greetings!

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.

Where is your bounty?

Here you can find all details about our BTT campaign: https://bitcointalk.org/index.php?topic=2091804

What commission you hold?

GOLD commission is Z% (no more than 0.3%), but no less than a fixed Y amount of GOLD
(i.e., more than 0,0025 GOLD depending on the current gold price).

With regards,
team GOLDMINT

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September 28, 2017, 07:32:53 AM
 #2215

What difference between Goldmint and other gold-based cryptocurrency?
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September 28, 2017, 07:38:52 AM
 #2216

There was something written about API? What is about?

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September 28, 2017, 07:44:39 AM
 #2217

What is a key features of GOLD cryptoasset?
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September 28, 2017, 07:52:31 AM
 #2218

Fuck all IPOs=Scam!
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September 28, 2017, 07:59:47 AM
 #2219

Greetings!

What difference between Goldmint and other gold-based cryptocurrency?

Differences   between   Goldmint   and   other  gold   cryptocurrency   blockchains  include  the  following: 
         Goldmint uses its own blockchain and altcoin, called MNT, for GOLD transactions.   
         Goldmint  uses Proof-of-Stake where miners  are  doled blocks/ transactions  according   to the  amount  of MNT they have. Proof  of  stake  (PoS)  is  faster,  simpler and  cheaper  than proof of work (PoW). 
         Physical gold and ETFs are stored in a programmed decentralized storage unit.
         Custody Bot    -   Goldmint’s   innovative  storage unit  is programmed to automatically  identify  and  store  gold  jewelry,  small  ingots  (up  to  100  grams)  and  coins without human intervention.

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.

What is a key features of GOLD cryptoasset?

The characteristics of the GOLD cryptoasset include the following:

        100% transparency  of  information  about  all  Gold  owned by GoldMint, disclosing the company’s  gold  reserves  and  its  ability  to  buy  back  GOLD  at  its  current  trading price. 
        GoldMint  uses the  decentralized blockchain  for  smart  contracts  and  for harboring  its  cryptoassets 
        GoldMint  uses  ETF  for  liquidity  and  elasticity.  ETF helps you trade  gold  far  faster than physical gold does
        A  secured  loan may  contain gold, like jewelry or coins. GoldMint helps you store this collateral in its unique Custody Bot.
        The ability to receive passive income as market price of GOLD rises. 
        Robotic storage unit Custody Bot                                                                                                                 
        Buyback of GOLD for fiat according to the current price of GOLD. 
        A fast user registration system and identification.

With regards,
team GOLDMINT

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September 28, 2017, 08:07:02 AM
 #2220

Why tokens are Gold-backed? Why not using any other precious metals or other asset?
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