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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 87241 times)
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October 10, 2017, 08:46:30 AM
 #2881

do gold commissions depend on the country/citizenship?
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October 10, 2017, 08:52:52 AM
 #2882

Interesting... Watching!
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October 10, 2017, 08:58:54 AM
 #2883

Greetings!

which is the maximum amount of gold emitted?

The amount of GOLD emitted depends on (a) the validation of deal/ details stored in the blockchain and (b) on the authenticity and value of gold inspected by Custody Bot.

what are the commissions for transactions in gold?

Most times, when a person buys GOLD for fiat, the price for GOLD will be LBMA + 5%. When they want to sell their GOLD, the price will be LBMA +3%. The commission for managing gold is 0.2-0.8% per annum, depending on gold volatility and investor traffic. After analyzing the correlation between the value of gold and the stock price of the three largest ETFs - the GLD (announced expense ratio 0.4% ), the IAU ( 0.25% ) and SGOL ( 0.39% ) - we estimate that the real backlog of ETF shares in physical gold is about 0.7% (prices are taken from COMEX on the LME ).

do gold commissions depend on the country/citizenship?

No. Rather, commissions and broker commissions are taken into account in calculating our commissions for GOLD.

With regards,
team GOLDMINT

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October 10, 2017, 09:04:09 AM
 #2884

how is it burned?

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October 10, 2017, 09:11:13 AM
 #2885

how can gold help me hedging risks on the cryptocurrency market?

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October 10, 2017, 09:14:50 AM
 #2886

how can icos find gold profitable?

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October 10, 2017, 09:18:18 AM
 #2887

Looking good. Got my eye in this. What will happen to the classic chain.
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October 10, 2017, 09:21:09 AM
 #2888

How can I... don't bother, I'll just snag myself a copy of your whitepaper and give it a read first. And it looks like some people on this thread would do well to read it too

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October 10, 2017, 09:28:18 AM
 #2889

Greetings!

how is it burned?

GOLD assets are burned, or destroyed, when physical GOLD is withdrawn from the Custody Bot.

how can gold help me hedging risks on the cryptocurrency market?

The price of GOLD is set according to the price of gold at LBMA market. GOLD has gentler volatility than cryptocurrency, so the risks of receiving less for buyback are less than had you used, say, bitcoin to make your transaction.

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.

With regards,
team GOLDMINT

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October 10, 2017, 12:37:38 PM
 #2890

if the gold is damaged or stolen, who will take responsibility for?

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October 10, 2017, 12:41:09 PM
 #2891

How can it be both backed by real gold and run on blockchain?
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October 10, 2017, 12:46:55 PM
 #2892

What exchanges should we expect? I need liquidity on my investments.
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October 10, 2017, 12:54:06 PM
 #2893

okay not too bad to look at the project on this thread of course in this case I still need to see more about goldmint how it would be great in the future.
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October 10, 2017, 12:59:38 PM
 #2894

Nice project good luck!
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October 10, 2017, 01:01:32 PM
 #2895

Greetings!

if the gold is damaged or stolen, who will take responsibility for?

The gold we use to back GOLD digital assets is all insured.

How can it be both backed by real gold and run on blockchain?

A GOLD token can be issued if only GOLDMINT has a troy ounce of physical gold or ETF available to back it. To back tokens with gold means to provide 100% guaranteed anytime GOLD tokens buyback by GOLDMINT their self. That will provide stable price for these tokens which is in lack on market today.

What exchanges should we expect? I need liquidity on my investments.

We meet all the requirements of SEC regulations and our tokens can't be determined as securities.
The final decision of listing us on exchanges lays upon exchanges their self.
According to all this we will start listing negotiations right after our  ICO.
The first exchanges to list tokens are usually Liqui, YoBit, Tidex, HitBTC.

With regards,
team GOLDMINT

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October 10, 2017, 01:06:11 PM
 #2896

gold token won’t be listed on any exchange, correct? and let’s say if i want to buy it, given that it requires the ‘kyc’, how and where will you sell your token?

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October 10, 2017, 01:12:20 PM
 #2897

Any gauranteed coin won't be dumped when it reaches exchanges ?
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October 10, 2017, 01:18:04 PM
 #2898

I see MNTP and MNT tokens here. What's the difference?
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October 10, 2017, 01:22:44 PM
 #2899

this is better than only fools and horses,, hilarious!!!
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October 10, 2017, 01:32:07 PM
 #2900

Greetings!

gold token won’t be listed on any exchange, correct? and let’s say if i want to buy it, given that it requires the ‘kyc’, how and where will you sell your token?

Initially, GOLD tokens will be traded at GoldMint website, the traders will need to pass the KYC procedure which will not take more than 30 minutes. Later on they can be traded wherever according to the terms and conditions of a particular exchange.

Any gauranteed coin won't be dumped when it reaches exchanges ?

We can't guarantee a fast profit to our investors right after our first appearance on exchanges. We guarantee their profit after the development of the product.

I see MNTP and MNT tokens here. What's the difference?

MNTP tokens can be found on the Ethereum blockchain. 
 ●   Initial emission of MNTP is conducted using the ERC20 interface. 
 ●   GoldMint’s blockchain, using the​ ​Graphene​ platform gor GOLD and MNT tokens will be launched after.

With regards,
team GOLDMINT

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