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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 78536 times)
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September 30, 2017, 07:57:31 AM
 #2441

Russian?
Then good luck russsian team!
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September 30, 2017, 08:04:53 AM
 #2442

How physical gold will be stored?
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September 30, 2017, 08:09:08 AM
 #2443

How can icos find gold profitable?
Abitcoinfuture
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September 30, 2017, 08:16:22 AM
 #2444

No Twitter or Facebook to help promote?
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September 30, 2017, 08:21:34 AM
 #2445

How do they work?
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September 30, 2017, 08:27:08 AM
 #2446

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
 #2447

Tell us more about hedging risks?
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September 30, 2017, 08:41:35 AM
 #2448

Yes, this is a good idea
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September 30, 2017, 08:47:58 AM
 #2449

What are the commissions for transactions in gold?
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September 30, 2017, 08:49:41 AM
 #2450

Is MNTP a security token?
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September 30, 2017, 08:56:10 AM
 #2451

Where is your bounty?

COMSA The ICO Solution for Centralized Businesses to Adopt Blockchain Technologies
▬▬▬▬▬▬▬▬▬▬▬▬▬▌▌  ICO: Oct 2nd until Nov 6th▐▬▬▬▬▬▬▬▬▬▬▬▬▬
■ ■ ■ WebsiteWhitepaperTwitterBlogsRedditFacebook ■  TelegramSlackBitcointalk ■ ■ ■
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September 30, 2017, 09:10:27 AM
 #2452

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 30, 2017, 11:16:04 AM
 #2453

Finally, thank you. Now I'll check announcement threads more
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September 30, 2017, 11:22:08 AM
 #2454

What difference between MNT and GOLD?
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September 30, 2017, 11:28:45 AM
 #2455

Can i recieve cryptocurrency or fiat loan from Goldmint?
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September 30, 2017, 11:35:27 AM
 #2456

Why don't you use ETH blockchain?
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September 30, 2017, 11:42:23 AM
 #2457

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.


Why don't you use ETH blockchain?


GoldMint’s blockchain, using the​ ​Graphene​ platform will be launched. 

    Advantages of such a choice compared to using an Ethereum private fork are as follows: 

        1. Safer  -  GoldMint  blockchain  uses  its  own  coins  rather  than  turing-complete  smart contracts. 
        2. More  productive  -  GoldMint  uses  PoS,  is  optimized  for  GOLD transactions  as there are no other ICOs on the same platform.   
        3. Cheaper - no charge for ether commissions. 
        4. The Graphene blockchain supports PoS.


With regards,
team GOLDMINT

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September 30, 2017, 11:46:58 AM
 #2458

the step seem a little complexed//// but worth to get!
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September 30, 2017, 11:53:53 AM
 #2459

Where can I find your advisors?
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September 30, 2017, 12:01:45 PM
 #2460

What is a key features of GOLD cryptoasset?
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