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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 97780 times)
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September 29, 2017, 05:20:10 PM
 #2401

How physical gold will be stored?
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September 29, 2017, 05:32:38 PM
 #2402

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.


Can i recieve cryptocurrency or fiat loan from Goldmint?


You may be able to receive a cryptocurrency or fiat loan from GoldMint PTE LTD, using GOLD as collateral. All applicants will need to undergo the KYC procedure.

All members who have GOLD receive GoldMint Partner banks credit cards, aligned with VISA and MasterCard systems. To that end, GoldMint plans to create a special bank card  called “ Bogatstvo ” for prominent pawnshops like “ Blago ” and ” Fianit “.

Process:

GoldMint loan applicants transfer their GOLD as collateral to a certain GoldMint infrastructure element.
The rate of the loan is established at the time of giving and remains fixed through the loan period.Applicants needs to consent to GoldMint loan terms to receive the loan.
Applicant is given various options for repaying loan amount and for mode of repayment.
If the borrower defaults, his GOLD cryptoassets are transferred to GoldMint.
Credit card limits are set according to the value of the user’s GOLD.These cards can be used for payment in shops, restaurants and cafes. Interest is accrued to unpaid credit debt. If this remains unpaid, GOLD reverts to GoldMint.


How physical gold will be stored?


Physical gold is locked-up in storage and rated according to its value: 
                 Moody’s ​-  A2 and above.
                 Standard and Poor's​ - A and above. 
                 Fitch​ - A and above.


With regards,
team GOLDMINT

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September 30, 2017, 12:18:38 AM
 #2403

What will happen to unsold tokens which looks like quite a bit.

http://accelerator.network/127.html Accelerator Hydro-powered Mining Facility
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September 30, 2017, 04:36:42 AM
 #2404

Who is the escrow of GoldMint wallets and who will check the expenditures of the funds raised during ICO?
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September 30, 2017, 04:46:53 AM
 #2405

What difference between MNT and GOLD?
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September 30, 2017, 04:50:06 AM
 #2406

what is goldmint?
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September 30, 2017, 04:56:05 AM
 #2407

Where is your bounty?

You can find all the information at this bounty thread (https://bitcointalk.org/index.php?topic=2091804.0) of GOLDMINT.

They are running plenty of campaigns you can join any of them.



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September 30, 2017, 04:56:48 AM
 #2408

what happens if the miner doesn’t have enough computing power to verify a transaction?
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September 30, 2017, 05:03:25 AM
 #2409

I support this project!
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September 30, 2017, 05:11:45 AM
 #2410

Greetings!

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.

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.

With regards,
team GOLDMINT

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September 30, 2017, 05:20:12 AM
 #2411

Who is the escrow of GoldMint wallets and who will check the expenditures of the funds raised during ICO?
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September 30, 2017, 05:23:09 AM
 #2412

how are the commissions distributed?
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September 30, 2017, 05:25:09 AM
 #2413

what is trust management?
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September 30, 2017, 05:28:04 AM
 #2414

I like the project.,good luck team
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September 30, 2017, 05:36:43 AM
 #2415

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).

With regards,
team GOLDMINT

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September 30, 2017, 05:42:08 AM
 #2416

which operations does goldmint run with gold which ensure the investor with some income?
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September 30, 2017, 05:45:03 AM
 #2417

how is my income calculated? (provide an example here as well)
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September 30, 2017, 05:51:09 AM
 #2418

what are some of the gold applications?
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September 30, 2017, 05:55:03 AM
 #2419

Interesting, i will be watching this project. Best of luck.
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September 30, 2017, 06:00:04 AM
 #2420

Greetings!

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.

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.

With regards,
team GOLDMINT

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