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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 167494 times)
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October 16, 2017, 12:35:55 PM
 #3261

How Custody Bot will be linked to a blockchain?
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There are several different types of Bitcoin clients. Hybrid server-assisted clients like Electrum get a lot of their network information from centralized servers, but they also check the server's results using blockchain header data. This is perhaps somewhat more secure than either server-assisted clients or header-only clients.
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October 16, 2017, 12:43:27 PM
 #3262

How Custody Bot analyse the value of gold?
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October 16, 2017, 12:48:14 PM
 #3263

what is custody bot?
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October 16, 2017, 12:55:09 PM
 #3264

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
 #3265

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

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October 16, 2017, 11:36:07 PM
 #3266

how does custody bot evaluate the assets?
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October 16, 2017, 11:49:32 PM
 #3267

which assets can be deposited to the custody bot?
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October 16, 2017, 11:59:51 PM
 #3268

why can custody bot automate gold valuables assessment?
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October 17, 2017, 12:07:33 AM
 #3269

I'm in. Good luck everyone
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October 17, 2017, 12:14:48 AM
 #3270

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

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October 17, 2017, 12:23:00 AM
 #3271

why does gold jewelry need extra examination from a specialist?
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October 17, 2017, 12:31:50 AM
 #3272

which details of gold valuables examination are sent to the blockchain?
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October 17, 2017, 12:43:23 AM
 #3273

what happens when physical gold is withdrawn from custody bot?
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October 17, 2017, 12:53:12 AM
 #3274

Great! were and when it will be listed
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October 17, 2017, 01:03:55 AM
 #3275

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

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October 17, 2017, 01:15:20 AM
 #3276

what are the costs of custody bot development?
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October 17, 2017, 01:23:16 AM
 #3277

When was the pre-ICO? I haven't heard anything about it.
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October 17, 2017, 01:31:55 AM
 #3278

Can US/Singapore citizens participate in the ICO?
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October 17, 2017, 01:39:10 AM
 #3279

stay tuned.waiting bounty fb and twitter has started.
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October 17, 2017, 01:49:34 AM
 #3280

Greetings!

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

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.

With regards,
team GOLDMINT

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