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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 87622 times)
dermo
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October 12, 2017, 07:13:07 AM
 #3001

what is the use of api implementation?
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BazkieBumpercar
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October 12, 2017, 07:18:11 AM
 #3002

Where is your bounty?
granathus
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October 12, 2017, 07:24:08 AM
 #3003

Common Sense Ideas == Good Ideas; We will definitely get on the horn with them.
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October 12, 2017, 07:28:18 AM
 #3004

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

DeeSome
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October 12, 2017, 07:36:19 AM
 #3005

What commission you hold?
dcl595
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October 12, 2017, 07:43:11 AM
 #3006

What difference between Goldmint and other gold-based cryptocurrency?
davidspitzer
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October 12, 2017, 07:45:45 AM
 #3007

Hello!

The idea is great and team seems competent in the bank and operations sphere!

Am I right that there is no own blockchain already?


code
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October 12, 2017, 07:48:47 AM
 #3008

There was something written about API? What is about?
actudoran
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October 12, 2017, 07:54:36 AM
 #3009

Yes, this is a good idea
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October 12, 2017, 08:05:44 AM
 #3010

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.

There was something written about API? What is about?

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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October 12, 2017, 08:12:28 AM
 #3011

What is a key features of GOLD cryptoasset?
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October 12, 2017, 08:21:48 AM
 #3012

Why tokens are Gold-backed? Why not using any other precious metals or other asset?
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October 12, 2017, 08:39:14 AM
 #3013

What will happen if audit shows that GoldMint have less physical gold, than GOLD tokens emitted?
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October 12, 2017, 08:40:57 AM
 #3014

Hi everyone Smiley

It is quite unethical to advertise goldmint via google this way and possibly even misleading (look at the picture and judge for yourself) someone who wants to access the Xaurum gamma page has a great chance of accidentally winding up on the Goldmint page.
It is not ok to exploit a great project such as xaurum gamma.
This poses a serious question, what are the moral values of the goldmint team.
What is your opinion on this subject and can i get an answer from dev team.
Thank you

https://imgur.com/a/iKqpe

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October 12, 2017, 08:48:29 AM
 #3015

nice work
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October 12, 2017, 09:00:27 AM
 #3016

Greetings!

What is a key features of GOLD cryptoasset?

The characteristics of the GOLD cryptoasset include the following:

        100% transparency  of  information  about  all  Gold  owned by GoldMint, disclosing the company’s  gold  reserves  and  its  ability  to  buy  back  GOLD  at  its  current  trading price. 
        GoldMint  uses the  decentralized blockchain  for  smart  contracts  and  for harboring  its  cryptoassets 
        GoldMint  uses  ETF  for  liquidity  and  elasticity.  ETF helps you trade  gold  far  faster than physical gold does
        A  secured  loan may  contain gold, like jewelry or coins. GoldMint helps you store this collateral in its unique Custody Bot.
        The ability to receive passive income as market price of GOLD rises. 
        Robotic storage unit Custody Bot                                                                                                                 
        Buyback of GOLD for fiat according to the current price of GOLD. 
        A fast user registration system and identification.

Why tokens are Gold-backed? Why not using any other precious metals or other asset?

Gold- because it is a clear metal for general public. Plus, we have a company that buys 450 kg of gold per month from pawnshops all over Russia. These are unclaimed deposits. Therefore, we have our own source of gold - we don't depend on banks.
 
Today, more than 1% of all gold is kept in pawnshops. In 53% of the cases, gold is bought as a mean of investment. Many people buy coins or small bars of gold. For them Custody Bot is an excellent solution. Coins are the easiest to examine. Initially, we set a task for our engineers to examine the quality of jewellery. They have succeeded and this is way more difficult than examining coins.

What will happen if audit shows that GoldMint have less physical gold, than GOLD tokens emitted?

If  the  audit  results  show  that,  the  value  of physical gold  is  less than the number  of the GOLD tokens emitted, the  excess  amount  of  GOLD  will  be  written  off  automatically from  the  company  wallet via the  smart contract.

With regards,
team GOLDMINT

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October 12, 2017, 10:11:29 AM
 #3017

How will amount of physical gold will be controlled?
thisisnotmyltcusername
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October 12, 2017, 10:16:06 AM
 #3018

Does any person can trade GOLD for fiat?
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October 12, 2017, 10:21:04 AM
 #3019

How physical gold will be stored?
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October 12, 2017, 10:24:43 AM
 #3020

_______________________________________________________________

Today we took part in the Blockchain & Bitcoin conference in Kiev, we conducted two interviews and distributed about a hundred business cards.
Thanks to all participants, visitors and conference organizers for the opportunity.





_______________________________________________________________


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