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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 90572 times)
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September 30, 2017, 06:10:43 AM
 #2421

which other elements does the goldmint infrastructure include?
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September 30, 2017, 06:16:02 AM
 #2422

what is the use of api implementation?
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September 30, 2017, 06:21:09 AM
 #2423

Where is your bounty?
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September 30, 2017, 06:26:24 AM
 #2424

I do not really know about this project please d describe in more detail
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September 30, 2017, 06:32:32 AM
 #2425

Greetings!

which other elements does the goldmint infrastructure include?

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

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

With regards,
team GOLDMINT

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September 30, 2017, 06:36:22 AM
 #2426

What commission you hold?
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September 30, 2017, 06:42:38 AM
 #2427

What difference between Goldmint and other gold-based cryptocurrency?
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September 30, 2017, 06:48:17 AM
 #2428

There was something written about API? What is about?
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September 30, 2017, 06:54:08 AM
 #2429

2017 will be the year of Goldmint
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September 30, 2017, 07:00:25 AM
 #2430

Greetings!

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).

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.

What difference between Goldmint and other gold-based cryptocurrency?

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.

With regards,
team GOLDMINT

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September 30, 2017, 07:57:31 AM
 #2431

Russian?
Then good luck russsian team!
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September 30, 2017, 08:04:53 AM
 #2432

How physical gold will be stored?
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September 30, 2017, 08:09:08 AM
 #2433

How can icos find gold profitable?
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September 30, 2017, 08:16:22 AM
 #2434

No Twitter or Facebook to help promote?
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September 30, 2017, 08:21:34 AM
 #2435

How do they work?
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September 30, 2017, 08:27:08 AM
 #2436

Greetings!


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.


How can icos find gold profitable?


For the same reason as above. Generally, ICOs receive their funding in cryptocurrency which has unpredictable and dramatic volatility. GOLD, which aligns itself to LBMA, can hedge unpredictable money losses after the ICO has launched.


How do they work?


MNT is used as a stake within the PoS (Proof-of-Stake) consensus algorithm. Namely, the more MNT the miner holds, the more blocks he can validate and add to the chain.


With regards,
team GOLDMINT

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September 30, 2017, 08:33:19 AM
 #2437

Tell us more about hedging risks?
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September 30, 2017, 08:41:35 AM
 #2438

Yes, this is a good idea
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September 30, 2017, 08:47:58 AM
 #2439

What are the commissions for transactions in gold?
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September 30, 2017, 08:49:41 AM
 #2440

Is MNTP a security token?
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