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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 168999 times)
atariguy
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October 10, 2017, 09:18:18 AM
 #2881

Looking good. Got my eye in this. What will happen to the classic chain.
Cryptotina
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October 10, 2017, 09:21:09 AM
 #2882

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
destruct (OP)
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Alexander KOSTIN | GoldMint


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October 10, 2017, 09:28:18 AM
 #2883

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GOLD assets are burned, or destroyed, when physical GOLD is withdrawn from the Custody Bot.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

Itcher
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October 10, 2017, 12:37:38 PM
 #2884

if the gold is damaged or stolen, who will take responsibility for?
florianuhlemann
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October 10, 2017, 12:41:09 PM
 #2885

How can it be both backed by real gold and run on blockchain?
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October 10, 2017, 12:46:55 PM
 #2886

What exchanges should we expect? I need liquidity on my investments.
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October 10, 2017, 12:54:06 PM
 #2887

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
 #2888

Nice project good luck!
destruct (OP)
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Alexander KOSTIN | GoldMint


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October 10, 2017, 01:01:32 PM
 #2889

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

goodluck0319
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October 10, 2017, 01:06:11 PM
 #2890

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
 #2891

Any gauranteed coin won't be dumped when it reaches exchanges ?
chaolang
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October 10, 2017, 01:18:04 PM
 #2892

I see MNTP and MNT tokens here. What's the difference?
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October 10, 2017, 01:22:44 PM
 #2893

this is better than only fools and horses,, hilarious!!!
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Alexander KOSTIN | GoldMint


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October 10, 2017, 01:32:07 PM
 #2894

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

ahitman
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October 11, 2017, 04:00:04 AM
 #2895

What are the price expectations? After a month? After a year?
thisisnotmyltcusername
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October 11, 2017, 04:07:02 AM
 #2896

Is that your model have so-called dividends? Can I have passive income of holding? Explain
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October 11, 2017, 04:13:42 AM
 #2897

"Can MNT holders participate in GoldMint company management?
 Is GoldMint a DAO?"
dermo
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October 11, 2017, 04:19:17 AM
 #2898

I am so happy this is not just a crypto currency and not just reliant on people buying and selling coins.
alot of thick people in the world
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Alexander KOSTIN | GoldMint


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October 11, 2017, 04:30:24 AM
 #2899

Greetings!

What are the price expectations? After a month? After a year?

MNT has a limited supply and they are used as stake in PoS (proof-of-stake) consensus algorithm. The more transactions there are within GoldMint blockchain the bigger rewards miners get and the more is demand for MNT.

Is that your model have so-called dividends? Can I have passive income of holding? Explain

The more MNT  a validator holds, the more blocks he  can validate and add to the chain.  As  a  result  miner  gets  75%  in  GOLD  equivalent  from  the  commissions  for  the transactions validated.                                                                                               
In  case  at  the  moment  of  block  validation  the  miner  doesn’t  have  enough  computational  power  to  validate  the  block  or  in  case  he  cannot  do  this  for  some  other  reasons  he  can be deleted  from the White List  of reliable miners  and will  lose the right to  accomplish  a block.
In  this  case  the  right  to  validate  blocks  goes  over  to  another  user  who has been  chosen by GoldMint algorythm. 
To  become  a  validator  all  you  need  is  to  download  GoldMint  Wallet  app  from the  official website and launch it using your GoldMint account. 
In case  a user who holds many MNT  doesn’t have  enough  computational power, he can rent computational power from other miners.

"Can MNT holders participate in GoldMint company management?
 Is GoldMint a DAO?"

The internal MNT token does not give rights to participate in company management of GoldMint and is not a share.
MNT tokens holders recieve a right to vote on GoldMint platform proportionally to the number of tokens they hold.
This means that in case some changes are to take place within GoldMint platform, MNT tokens holder vote on whether to accept it or not.

With regards,
team GOLDMINT


BazkieBumpercar
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October 11, 2017, 04:36:56 AM
 #2900

Who is the seller of MNTP tokens?
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