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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 74467 times)
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September 16, 2017, 08:52:38 AM
 #781

What difference between MNT and GOLD?
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September 16, 2017, 08:59:26 AM
 #782

Greetings!

How was the idea of GoldMint conceived?

The idea of ​​GoldMint reached Dmitry Pluschevsky's mind when he worked as a director of a venture fund in Russia and was looking for niches for a new business.

Who is the escrow of GoldMint wallets and who will check the expenditures of the funds raised during ICO?

The board of directors of GoldMint company - Dmitry Pluschevsky, Konstantin Romanov, Igor Ryabenky (Altair Capital) and two independent directors will check the expenditures. They approve the company’s budget for the development.

What difference between MNT and GOLD?

"GOLD
Cryptoasset. Cost and buyback are 100% based  on LBMA It's application depends on the agreement described by GoldMint company. It's value depends on amount of gold in reserves/ circulation

MNT
GoldMint’s cryptocurrency is used to confirm GOLD cryptoasset transactions. Amount of MNT determines amount of GOLD transactions. Growth of MNT depends on turnover  of GOLD.

With regards,
team GOLDMINT


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September 16, 2017, 09:05:54 AM
 #783

Why can custody bot automate gold valuables assessment?

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September 16, 2017, 09:07:39 AM
 #784

Are the Pre-ICO and upcoming normal ICO prices different?

Can you elaborate on the expected exchange rate of the MNTP token with the final MNT token?

Is there a date where MNTP tokens will become in-exchangeable?


Kind of Salty I'm not being answered, these questions seem to hit at the heart of the profitability and trustworthiness of this project.
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September 16, 2017, 09:11:36 AM
 #785

Will there be any auditing of goldmint assets?
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September 16, 2017, 09:18:23 AM
 #786

What are the commissions for transactions in gold?

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September 16, 2017, 09:24:28 AM
 #787

I like the project.,good luck team

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September 16, 2017, 09:29:35 AM
 #788

Greetings!



Why can custody bot automate gold valuables assessment?


Custody Bot can replace pawnshops as it is more transparent and almost totally automated.


Will there be any auditing of goldmint assets?


After you’ve done the KYC process, you enter your gold commodities in the Custody Bot, which inspects the items and determines how much fiat or crypto currency you get. You can, also, receive a credit card through a partner bank. The limit of that card will correspond to the value of your stored gold.


What are the commissions for transactions in gold?


Most times, when a person buys GOLD for fiat, the price for GOLD will be LBMA + 5%. When they want to sell their GOLD, the price will be LBMA +3%. The commission for managing gold is 0.2-0.8% per annum, depending on gold volatility and investor traffic. After analyzing the correlation between the value of gold and the stock price of the three largest ETFs - the GLD (announced expense ratio 0.4% ), the IAU ( 0.25% ) and SGOL ( 0.39% ) - we estimate that the real backlog of ETF shares in physical gold is about 0.7% (prices are taken from COMEX on the LME ).


With regards,
team GOLDMINT

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September 16, 2017, 09:34:59 AM
 #789

Some people may wonder if they can exchange the gold token with the real gold bars. How are you going to explain this?
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September 16, 2017, 09:45:44 AM
 #790

Looking good. Got my eye in this. What will happen to the classic chain.
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September 16, 2017, 09:47:30 AM
 #791

What is the key idea of the project?

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September 16, 2017, 09:55:33 AM
 #792

How does custody bot evaluate the assets?
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September 16, 2017, 10:01:57 AM
 #793

Greetings!


Some people may wonder if they can exchange the gold token with the real gold bars. How are you going to explain this?


The price of one GOLD equals one ounce of physical gold on the LBMA. Applicants who want to trade GOLD for fiat need to undergo GoldMint's KYC procedure. If accepted, the applicant’s GOLD cryptoasset is transferred from his, or her, GoldMint wallet to a special GoldMint account and is converted to fiat. GoldMint sends this fiat to the applicant. So, the price with commissions you receive for buying GOLD is LBMA + 5%, selling - LBMA + 2%. Therefore the way fiat => GOLD => fiat will be 3%.


What is the key idea of the project?


GoldMint buys, sells and repurchases GOLD at the current market price for physical gold. The company uses exchange-traded funds (ETF) or physical gold (of 999 quality) as its security. GoldMint's gold reserves equal or exceed its mined amounts of GOLD.


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.


With regards,
team GOLDMINT


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September 16, 2017, 01:38:14 PM
 #794

Are the Pre-ICO and upcoming normal ICO prices different?

Can you elaborate on the expected exchange rate of the MNTP token with the final MNT token?

Is there a date where MNTP tokens will become in-exchangeable?


Kind of Salty I'm not being answered, these questions seem to hit at the heart of the profitability and trustworthiness of this project.

Greetings!

Sorry for my late reply!

Exchange rate of MNTP to MNT is 1:1. Tokens will be excangeable all the time as we understand the amount of our investors and the infinite amount of reasons they couldn't exchange them on time.

With regards,
team GOLDMINT

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September 17, 2017, 04:32:38 AM
 #795

Are the Pre-ICO and upcoming normal ICO prices different?

Can you elaborate on the expected exchange rate of the MNTP token with the final MNT token?

Is there a date where MNTP tokens will become in-exchangeable?


Kind of Salty I'm not being answered, these questions seem to hit at the heart of the profitability and trustworthiness of this project.

Greetings!

Sorry for my late reply!

Exchange rate of MNTP to MNT is 1:1. Tokens will be excangeable all the time as we understand the amount of our investors and the infinite amount of reasons they couldn't exchange them on time.

With regards,
team GOLDMINT
it looks like you are very busy sir, but we can understand that..
you keep reply every question here, that's the most important thing in this forum

3 Days to token crowdsale ON SEPTEMBER 20 AT 9:00 UTC
this is information from website https://goldmint.io/ico
Quote
CURRENT RATE
1 ETH = 42.86 MNTP
1 BTC = 639.93 MNTP
1 MNTP = $7.00

Target in crowdsale: $40 million with Total token supply: 7 000 000 MNTP
that's high target but i'm sure it will reach soon after ICO launch, we will keep support it

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September 17, 2017, 05:01:06 AM
 #796

what is goldmint?
TomKoinify
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September 17, 2017, 05:07:34 AM
 #797

what is the key idea of the project?

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September 17, 2017, 05:13:56 AM
 #798

Interesting... Watching!

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September 17, 2017, 05:20:43 AM
 #799

how are the commissions distributed?
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September 17, 2017, 05:27:40 AM
 #800

Greetings!

what is goldmint?

GoldMint is a blockchain-based company that helps gold owners trade, loan, invest in and use their GOLD assets, that are 100% backed by physical gold, for profit.

what is the key idea of the project?

GoldMint buys, sells and repurchases GOLD at the current market price for physical gold. The company uses exchange-traded funds (ETF) or physical gold (of 999 quality) as its security. GoldMint's gold reserves equal or exceed its mined amounts of GOLD.

how are the commissions distributed?

75% of GOLD commissions are sent to miners/ MNT holders as rewards for verifying blocks. The other 25% are directed to charity and platform development.

With regards,
team GOLDMINT

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