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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 79093 times)
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September 17, 2017, 09:22:52 AM
 #841

No Twitter or Facebook to help promote?

In
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September 17, 2017, 09:28:10 AM
 #842

How do they work?

Ultra, Next-generation games distribution platform !
WebSite | Twitter | Telegram | Bounty | Facebook | WhitePaper
Offering new solutions to both developers and players
 



 
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September 17, 2017, 09:34:22 AM
 #843

Greetings!



How physical gold will be stored?


"Physical gold is locked-up in storage and rated according to its value: 
                 Moody’s ​-  A2 and above.
                 Standard and Poor's​ - A and above. 
                 Fitch​ - A and above. "


How can icos find gold profitable?


For the same reason as above. Generally, ICOs receive their funding in cryptocurrency which has unpredictable and dramatic volatility. GOLD, which aligns itself to LBMA, can hedge unpredictable money losses after the ICO has launched.


How do they work?


MNT is used as a stake within the PoS (Proof-of-Stake) consensus algorithm. Namely, the more MNT the miner holds, the more blocks he can validate and add to the chain.




With regards,
team GOLDMINT

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September 17, 2017, 09:40:23 AM
 #844

Tell us more about hedging risks?
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September 17, 2017, 09:46:18 AM
 #845

Yes, this is a good idea!

IAGON —  WE REVOLUTIONIZE THE CLOUD | ICO | DISCUSSION |
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September 17, 2017, 09:52:38 AM
 #846

Is MNTP a security token?

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September 17, 2017, 10:00:41 AM
 #847

Where is your bounty?

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September 17, 2017, 10:04:23 AM
 #848

Greetings!



Tell us more about hedging risks?


"Commercial producers and gold workers, like miners, jewelers, or the government, tended to use gold options, futures and ETF as hedging tools.

Today, a significant amount of investors like to use gold to hedge against inflation or to diversify their investments. In fact, gold became the one common investment  of all metals and has a legendary history as commodity and coin. Like other commodities, gold depends on micro and macro economical and political events, so its value fluctuates along with these. GoldMint not only helps you cushion the risk of this volatility but also gives you the option of taking a short position in physical gold bullion, coins or mining stocks.

Here are some reasons why investors choose GoldMint:

You can hedge your investment in gold using the GOLD token. Doing so protects your gold from bearish conditions. Investors can chose to convert just a portion of their assets or all of it with this GOLD cryptoasset
Investors may want to invest in a minimal amount of GOLD to assess whether or not they profit
GOLD is based on real physical gold and therefore possesses far more face-value credibility than other cryptocurrencies, including Bitcoin, have.
The gold market/ gld returns look promising. GoldMint helps investors hedge their risks and promises more for their investments."


Is MNTP a security token?


No, MNTP tokens are used for ICO only. As soon as GoldMint blockchain is launched, MNTP can be exchanged for MNT used as stake in our consensus algorithm. MNT holders do not receive any passive income. We have a report on MNT/MNTP status from an US lawyer company. This provides us with an opportunity to trade MNT/MNTP on the US market 12 months after ICO.


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


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September 17, 2017, 10:11:37 AM
 #849

Finally, thank you. Now I'll check announcement threads more
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September 17, 2017, 10:12:38 AM
 #850

Greetings!


Wao!  1 MNTP=$7?  Quite on the high side i would say but since we are dealing with Gold, then i suppose the price is justified.

Thank you for the interest. Our fintech is revolutionary and looking complicated but it appears that we would have less investors but with bigger stakes each.

Where are your plans to have goldmint coin be listed after the ico?

If we talk about the exchanges the negotiations will start right after the ICO.
Our MNTP tokens can't be determined as securities due to the compliance review made by our Delloitte lawyers.
Thus we will not have any problems with listings.


that's high target but i'm sure it will reach soon after ICO launch, we will keep support it

Target is high but we have all resources to reach it.

With regards,
team GOLDMINT

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September 17, 2017, 10:17:18 AM
 #851

What difference between MNT and GOLD?

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September 17, 2017, 10:24:18 AM
 #852

Can i recieve cryptocurrency or fiat loan from Goldmint?

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September 17, 2017, 10:30:46 AM
 #853

Why don't you use ETH blockchain?
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September 17, 2017, 10:36:47 AM
 #854

Greetings!


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."


Can i recieve cryptocurrency or fiat loan from Goldmint?


"You may be able to receive a cryptocurrency or fiat loan from GoldMint PTE LTD, using GOLD as collateral. All applicants will need to undergo the KYC procedure.

All members who have GOLD receive GoldMint Partner banks credit cards, aligned with VISA and MasterCard systems. To that end, GoldMint plans to create a special bank card  called “ Bogatstvo ” for prominent pawnshops like “ Blago ” and ” Fianit “.

Process:

GoldMint loan applicants transfer their GOLD as collateral to a certain GoldMint infrastructure element.
The rate of the loan is established at the time of giving and remains fixed through the loan period.Applicants needs to consent to GoldMint loan terms to receive the loan.
Applicant is given various options for repaying loan amount and for mode of repayment.
If the borrower defaults, his GOLD cryptoassets are transferred to GoldMint.
Credit card limits are set according to the value of the user’s GOLD.These cards can be used for payment in shops, restaurants and cafes. Interest is accrued to unpaid credit debt. If this remains unpaid, GOLD reverts to 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. "


With regards,
team GOLDMINT

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September 17, 2017, 10:44:48 AM
 #855

Where can I find your advisors?
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September 17, 2017, 10:58:26 AM
 #856

What is a key features of GOLD cryptoasset?
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September 17, 2017, 11:02:54 AM
 #857

So when you mint a block using your MNT, your reward is based on the total value (in GOLD) of all the transactions in the block?

EXAMPLE:

Let the commission be x = .02 (2%)
With a block with the following transactions

A sends B 2 GOLD
C sends D 5 GOLD
E sends F 8 GOLD


The total exchanged on the block is 15 GOLD.

Your reward is 15*x == 15*.02 == 0.3 GOLD

Is this how it works, if so what is x?  If not what have I misunderstood?
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September 17, 2017, 11:07:05 AM
 #858

What about GOLD/MNT mining?
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September 17, 2017, 11:14:53 AM
 #859

Greetings!


Where can I find your advisors?


"Goldmint is fortunate to have experienced financial market experts. Without them, the realization of Goldmint would not have been possible.

GoldMint project is supported by:

Igor Ryabenkiy https://facebook.com/igor.ryabenkiy
Serge Umansky https://medium.com/@inchain/real-business-people-believe-in-blockchain-5cc5f50d213f
Oleg Seydak https://facebook.com/oseydak
Alex Butmanov https://facebook.com/profile.php?id=100012237450995
Eugeniy Ezhov https://facebook.com/Ezhov.home
Alexey Antonov https://facebook.com/auantonov
Alexey Chuykin https://facebook.com/alexey.chuykin
Kirill Zhukov https://facebook.com/kirill.zhukov.spb
Julian L. Zegelman https://facebook.com/jzegelman
Igor Lemh https://facebook.com/lemhk.igor
Alexey Lazutin https://facebook.com/alazutin
Andrey Zhyrnih https://facebook.com/andreyzhirnykh
Segle Lonshakov https://facebook.com/EnsRationis2020"


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. "


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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September 17, 2017, 11:18:39 AM
 #860

the step seem a little complexed//// but worth to get!
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