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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 79575 times)
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October 02, 2017, 08:24:20 AM
 #2581

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October 02, 2017, 08:30:47 AM
 #2582

Greetings!

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.

what is custody bot?

Custody Bot is GoldMint's unique device. It is programmed for temporary holding, inspection, long-term storing and conveying of gold jewelry, coins or gold.

how does custody bot evaluate the assets?

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.

With regards,
team GOLDMINT

BazkieBumpercar
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October 02, 2017, 10:04:08 AM
 #2583

which assets can be deposited to the custody bot?
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October 02, 2017, 10:13:44 AM
 #2584

which assets can be deposited to the custody bot?

GOLD only...custody bots will be in pawn shops initially then plans for jewelry shops , service stations etc
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October 02, 2017, 10:23:09 AM
 #2585

why can custody bot automate gold valuables assessment?
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October 02, 2017, 10:24:18 AM
 #2586

how can mnt tokens be purchased?

Hi

Quick and simple process.

This link will take you to the GOLDMINT page.        https://www.goldmint.io/ico?ref=Z4iBBq

Tokens can be purchased using either Bitcoin or Ethereum. You must have an Etherium wallet so ERC20 tokens can be transferred to your wallet.

Do not use an Exchange address to send or receive tokens.

GOLDMINT is decentralised so no KYC/ID or signup required
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October 02, 2017, 10:25:58 AM
 #2587

why does gold jewelry need extra examination from a specialist?
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October 02, 2017, 10:31:06 AM
 #2588

Im seriously bloody impressed!
Its just beyond my mental capacity to understand
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October 02, 2017, 10:36:28 AM
 #2589

Greetings!

which assets can be deposited to the custody bot?

Gold jewelry, small ingots (up to 100 grams) and coins.

why can custody bot automate gold valuables assessment?

Custody Bot can replace pawnshops as it is more transparent and almost totally automated.

why does gold jewelry need extra examination from a specialist?

Manual inspection is needed each time gold jewelry undergoes inspection, as there is no common standard for this type of commodity.

With regards,
team GOLDMINT

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October 02, 2017, 10:40:12 AM
 #2590

which details of gold valuables examination are sent to the blockchain?

a b l e     / ♦ \     N e w   E r a   o f   C r y p t o   F i n a n c e
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October 02, 2017, 10:43:46 AM
 #2591

what happens when physical gold is withdrawn from custody bot?
spiceminer15
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October 02, 2017, 10:57:49 AM
 #2592

what are the costs of custody bot development?
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October 02, 2017, 11:01:11 AM
 #2593

No Twitter or Facebook to help promote?
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October 02, 2017, 11:01:53 AM
 #2594

very interested ,but want to know more details.

I want ot know in detail question about conveting gold in ,oney? will it be possible

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October 02, 2017, 11:07:17 AM
 #2595

Greetings!

which details of gold valuables examination are sent to the blockchain?

The details of both inspections - i.e., the data results of the spectral analysis and the hydrostatic weighing - are stored in GoldMint's blockchain. The timestamps on the valuable’s acceptance and withdrawal are also stored in blockchain. Custody Bot will be distributed in pawnshops and trade centres.

what happens when physical gold is withdrawn from custody bot?

When physical gold is withdrawn from Custody Bot, the corresponding number of GOLD assets are destroyed.

what are the costs of custody bot development?

Spectrometer = $5,000-6,000 Scales = $200-300 Internal manipulator = $2,000-5,000 Built-in PC, touch screen, keyboard = $1,000-1,500 Armored box = $2,000-7,000 Installation, adjustment and commissioning = $500-1,500 Total: $10,700 - 21,300

With regards,
team GOLDMINT

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October 02, 2017, 11:15:32 AM
 #2596

When was the pre-ICO? I haven't heard anything about it.
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October 02, 2017, 11:22:31 AM
 #2597

Can US/Singapore citizens participate in the ICO?
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October 02, 2017, 11:25:46 AM
 #2598

How will be distributed tokens during ICO event?
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October 02, 2017, 11:28:39 AM
 #2599

I see goldmint as the world currency of the whole world
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October 02, 2017, 11:36:04 AM
 #2600

Greetings!

When was the pre-ICO? I haven't heard anything about it.

Our pre-ICO was private. We had only 300,000 tokens each presented to 27 person and 3 venture funds only.

You still can join our upcoming ICO.
You will be able to buy our tokens using your ETH or BTC.
Minimum investment can be 1 MNTP token and $7 equally.

We'll open a prior registration at goldmint.io in 2-3 days.
You'll be able to register and get access to addresses you'll use to send transfers.

Can US/Singapore citizens participate in the ICO?

Citizens,  residents  (tax  or  otherwise)  and  green  card holder  of the United  States  of America
or  Singapore,  or  other  U.S.  or  Singapore person  are  exempt  from buying MNT tokens.  The 
term  “U.S.  or   Singapore  Person”   refers  to  anyone  who  lives  in  the  United  States  or 
Singapore  or  to  any  entity  that  is  incorporated  under  United  States  or  Singapore  law. 
American   citizens   living   abroad   can   also  be  considered  “U.S.  Persons”  under  certain 
conditions.

How will be distributed tokens during ICO event?

Release  of  MNT  tokens  are  done  by  Ethereum-based  smart  contracts,  specially  used  for distribution of tokens.   
80% of 10 000 000 MNT are released during ICO launch. 
GoldMint  team  receives  two  million  MNT  tokens,  and  no  more  than  500  000  per  quarter distributed via a special wallet. 
Some consultants receive MNT tokens two months after ICO launch. 
Smart contracts can automatically trade ETH into MNT. 
The number  of tokens to be transmitted to a particular user depends on the sum at the time of its receipt by GoldMint.

With regards,
team GOLDMINT

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