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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 87222 times)
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October 17, 2017, 01:31:55 AM
 #3281

Can US/Singapore citizens participate in the ICO?
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October 17, 2017, 01:39:10 AM
 #3282

stay tuned.waiting bounty fb and twitter has started.
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October 17, 2017, 01:49:34 AM
 #3283

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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October 17, 2017, 02:55:45 AM
 #3284

Question: if I buy 1 crypto GOLD, can I take physical possession of the 1 oz gold that backs that crypto unit?
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October 17, 2017, 03:58:36 AM
 #3285

How will be distributed tokens during ICO event?
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October 17, 2017, 04:10:47 AM
 #3286

Why don't you use ETH blockchain?
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October 17, 2017, 04:18:41 AM
 #3287

What about GOLD/MNT mining?
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October 17, 2017, 04:24:04 AM
 #3288

Interesting... Watching!
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October 17, 2017, 04:32:34 AM
 #3289

Greetings!

How will be distributed tokens during ICO event?

Release  of  MNT  tokens  are  done  by  Ethereum-based  smart  contracts,  specially  used  for distribution of tokens.   
80% of 10 000 000 MNT are released during ICO launch. 
GoldMint  team  receives  two  million  MNT  tokens,  and  no  more  than  500  000  per  quarter distributed via a special wallet. 
Some consultants receive MNT tokens two months after ICO launch. 
Smart contracts can automatically trade ETH into MNT. 
The number  of tokens to be transmitted to a particular user depends on the sum at the time of its receipt by GoldMint.

Why don't you use ETH blockchain?

GoldMint’s blockchain, using the​ ​Graphene​ platform will be launched. 

    Advantages of such a choice compared to using an Ethereum private fork are as follows: 

        1. Safer  -  GoldMint  blockchain  uses  its  own  coins  rather  than  turing-complete  smart contracts. 
        2. More  productive  -  GoldMint  uses  PoS,  is  optimized  for  GOLD transactions  as there are no other ICOs on the same platform.   
        3. Cheaper - no charge for ether commissions. 
        4. The Graphene blockchain supports PoS.

What about GOLD/MNT mining?

To start mining, you just  needs  to  download  a program  from the  GoldMint repository, launch it on your device, fine-tune it and start mining. 
Consensus algorithm :  We use PoS as our primary mining system. In  case  a user who holds many MNT  doesn’t have  enough  computational power, he can rent 
computational power from other miners.

Miner rotation 
The  amount  of  stakes  depends  on the  amount  of MNT  a miner holds.  So,  if  a miner owns 50% MNT, he will be chosen to process every second block. 

Miner rewards 
A miner receives  a  GOLD commission from each processed block. When the block is processed, no tokens are emitted.

With regards,
team GOLDMINT

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October 17, 2017, 04:43:47 AM
 #3290

Describe PoS and why you chose it? Thank you.
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October 17, 2017, 04:54:36 AM
 #3291

how are the rewards for mining determined?
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October 17, 2017, 05:02:25 AM
 #3292

what happens if the miner doesn’t have enough computing power to verify a transaction?
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October 17, 2017, 05:11:15 AM
 #3293

Looking good. Got my eye in this. What will happen to the classic chain.
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October 17, 2017, 05:21:43 AM
 #3294

Greetings!

Describe PoS and why you chose it? Thank you.

Proof-of-stake (PoS) is a type of algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. Unlike proof-of-work (PoW) based cryptocurrencies (such as bitcoin), where the algorithm rewards participants who solve complicated cryptographical puzzles in order to validate transactions and create new blocks (i.e. mining), in PoS-based cryptocurrencies the creator of the next block is chosen in a deterministic (pseudo-random) way, and the chance that an account is chosen depends on its wealth (i.e. the stake). In PoS cryptocurrencies the blocks are usually said to be forged (in the blacksmith sense of this word), or minted, rather than mined. Also, usually all the coins are created in the beginning and the total number of coins never changes afterwards (although there are some other versions of PoS where new coins can be created). Therefore, in the basic version of PoS there are no block rewards (e.g. as in bitcoin); so, the forgers take only the transaction fees.

how are the rewards for mining determined?

According to the amount of MNTs the miner has.

what happens if the miner doesn’t have enough computing power to verify a transaction?

The miner can buy more from from other miners on the network.

With regards,
team GOLDMINT

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October 17, 2017, 05:35:04 AM
 #3295

why is goldmint platform built on graphene?

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October 17, 2017, 05:47:17 AM
 #3296

what are graphene’s advantages compared to ethereum and other blockchains?
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October 17, 2017, 06:00:53 AM
 #3297

what other projects run on graphene?

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October 17, 2017, 06:02:29 AM
 #3298

why is goldmint platform built on graphene?

Your question you asked is already answered before. You can check the answer posted here: https://bitcointalk.org/index.php?topic=2091726.msg21688081#msg21688081


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October 17, 2017, 06:13:43 AM
 #3299

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 17, 2017, 06:30:38 AM
 #3300

Greetings!

why is goldmint platform built on graphene?

The advantages of Graphene compared to Ethereum include the following. It is: Safer - GoldMint blockchain uses its own coins rather than turing-complete smart contracts. More productive - GoldMint is optimized for GOLD transactions. GoldMint is the only ICO that uses this platform, so its platform executes workloads The Graphene blockchain supports PoS.Cheaper - there is no charge for ether commissions.faster and more effectively.

what are graphene’s advantages compared to ethereum and other blockchains?

Graphene is cheaper, there is no charge for ether commissions. Graphene, too, is optimized for GOLD transactions therefore its executes its blocks faster and more effectively and it’s safer in that it uses its own coins rather than turing-complete smart contracts.

what other projects run on graphene?

Graphene also allows its users other platforms that include:Openledger - exchange Rudex - exchange Satoshi.fund - fund Hubdsp - DSP platform Peerplays - betting platform Steemit / Golos.io - news platform.

With regards,
team GOLDMINT

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