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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 87379 times)
Adriano2010
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October 16, 2017, 12:21:38 PM
 #3261

Is there already ended ICO or will last until 20? And what are the planned exchange for future and next updates features?

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BazkieBumpercar
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October 16, 2017, 12:26:36 PM
 #3262

I think i better get into this one also looks like majority here are in favour of this project.
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October 16, 2017, 12:32:05 PM
 #3263

Greetings!

does mnt act like a goldmint share?

MNT token does not imply rights to participate in company management of GoldMint and is not a share.

which rights does mnt provide its holders with?

MNT tokens holders are allowed to vote on GoldMint’s platform in proportion to their number of tokens. This means that when changes are made to GoldMint’s platform, MNT token-holders vote on whether or not to accept these changes. They also have a right to validate blocks and get rewards in GOLD.

What do you want to gain with your project?

Today there are more than 60,000 tonnes of gold from the earth extracted, half of which finds its way into the pockets and accounts of “ordinary” people. Our idea is no short of revolutionary: we plan to convert this gold into blockchain-encrypted tokens to help owners protect their valuables, to help investors move their gold can more rapidly and easily from one part of the world to another, and to help companies and individuals hedge their gold against market volatility.

We plan to move in three stages:

To gain access to 1% of global gold circulation (over 300 tonnes) by launching Custody Bot automated storage facilities in pawnshops around the world.
To gain access to another 5% of gold circulation by introducing Custody Bot to shopping centers.
To gradually gain access to a final 10% of gold reserves, worth more than $100 billion, and to develop a special version of Custody Bot for popular installation.

With regards,
team GOLDMINT

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October 16, 2017, 12:35:55 PM
 #3264

How Custody Bot will be linked to a blockchain?
DeeSome
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October 16, 2017, 12:43:27 PM
 #3265

How Custody Bot analyse the value of gold?
dcl595
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October 16, 2017, 12:48:14 PM
 #3266

what is custody bot?
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October 16, 2017, 12:55:09 PM
 #3267

very frustrating indeed , need this coin to be like jesus and rise from the dead
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October 16, 2017, 01:01:14 PM
 #3268

Greetings!

How Custody Bot will be linked to a blockchain?

The ​Airalab Core​ platform links Custody Bot to the blockchain.
We are consulting with them because they have a huge expirience about connecting various bots to blockchain.

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.

With regards,
team GOLDMINT

actudoran
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October 16, 2017, 11:36:07 PM
 #3269

how does custody bot evaluate the assets?
spiceminer15
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October 16, 2017, 11:49:32 PM
 #3270

which assets can be deposited to the custody bot?
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October 16, 2017, 11:59:51 PM
 #3271

why can custody bot automate gold valuables assessment?
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October 17, 2017, 12:07:33 AM
 #3272

I'm in. Good luck everyone
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October 17, 2017, 12:14:48 AM
 #3273

Greetings!

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.

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.

With regards,
team GOLDMINT

qberty
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October 17, 2017, 12:23:00 AM
 #3274

why does gold jewelry need extra examination from a specialist?
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October 17, 2017, 12:31:50 AM
 #3275

which details of gold valuables examination are sent to the blockchain?
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October 17, 2017, 12:43:23 AM
 #3276

what happens when physical gold is withdrawn from custody bot?
dermo
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October 17, 2017, 12:53:12 AM
 #3277

Great! were and when it will be listed
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October 17, 2017, 01:03:55 AM
 #3278

Greetings!

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.

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.

With regards,
team GOLDMINT

BazkieBumpercar
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October 17, 2017, 01:15:20 AM
 #3279

what are the costs of custody bot development?
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October 17, 2017, 01:23:16 AM
 #3280

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