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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 94861 times)
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September 18, 2017, 10:32:07 AM
 #941

Looking good. Got my eye in this. What will happen to the classic chain.
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September 18, 2017, 10:37:42 AM
 #942

How can MNT tokens be purchased?
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September 18, 2017, 10:44:16 AM
 #943

What can i do with gold assets?
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September 18, 2017, 10:53:16 AM
 #944

Greetings!



What is gold?


GOLD is GoldMint's cryptoasset. It’s value is aligned to the current LBMA price of gold. One GOLD equals one ounce (31,1035 grams) of gold (999 quality) on the stock exchanges + 5% commission (max.)


How can MNT tokens be purchased?


MNTP is initially released via ICO, after which MNTP tokens will migrate to the GoldMint blockchain, using a 1/1 fork. Then they will receive an MNT ticker.


What can i do with gold assets?


"You can use GOLD assets for the following:
Exchange fiat to cryptocurrency - Right now the fiat-cryptocurrency exchange market exceeds $400 million. Experts predict that this will reach billions once banks regulate the cryptocurrency industry.
Hedge volatility risks - Traders and other cryptocurrency users can hedge their gold commodity with GOLD on any cryptocurrency trading exchange, without leaving that particular platform. Traders can also diversify their trading portfolio with GOLD assets.
Payroll unit- Given its low volatility, you may prefer GOLD to BTC and altcoins for paying employees. Because of its low commissions, high speed, and affordability (no extra charges for transborder payments), you can also use GOLD instead of fiat for regular deals.
ICO currency - ICOs can ask for GOLD donations instead of regular cryptocurrency funds to hedge the high volatility risks that tend to accompany cryptocurrency.
Buy and transport physical gold - You can convert your physical gold into GOLD in any bank that uses the GoldMint blockchain platform. This not only protects cross-country gold transportation but also simplifies the process."


With regards,
team GOLDMINT


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September 18, 2017, 11:00:54 AM
 #945

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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September 18, 2017, 11:02:45 AM
 #946

How Custody Bot will be linked to a blockchain?
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September 18, 2017, 11:09:42 AM
 #947

Why don't you use ETH blockchain?
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September 18, 2017, 11:16:28 AM
 #948

What is the use of API implementation?
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September 18, 2017, 11:21:28 AM
 #949

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


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 is the use of API implementation?


The Application Programming Interface (API) regulates the GOLD, distributing these tokens to the following entities: E-commerce that can use GOLD for transactions. Local banks and Monetary Financial Institutions (MFIs) that can use GOLD as collateral. The API also regulates the GOLD that is used as escrow for bank accounts and as financial guarantees.


With regards,
team GOLDMINT


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September 18, 2017, 11:29:27 AM
 #950

what is trust management?
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September 18, 2017, 11:35:27 AM
 #951

You gotta be kidding, right? What's next?
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September 18, 2017, 11:41:11 AM
 #952

which operations does goldmint run with gold which ensure the investor with some income?
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September 18, 2017, 11:47:08 AM
 #953

how is my income calculated? (provide an example here as well)
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September 18, 2017, 11:53:16 AM
 #954

Greetings!

what is trust management?

Trust management occurs when investors send their GOLD to GoldMint and the company uses these assets for P2P loans or for buying physical gold (e.g., for goldfield development).

which operations does goldmint run with gold which ensure the investor with some income?

GoldMint provides investors with the following opportunities: 1. P2P lending - GoldMint gives investors significant interest when they lend GoldMint their gold (in the form of GOLD). 2. Opportunities related to physical gold - GoldMInt helps gold investors invest in goldfield development and in trading gold metals.

how is my income calculated? (provide an example here as well)

The amount payable to the investor is the following: SUM = (1 + (X / 12) * T) * Q where the number X (i.e., x%) is set by GoldMint based on market conditions. T= the amount of months the gold was loaned. Q= the interest tagged to the loan. Example: As of August 2017, the parameters would be X = 10%, Y = 28% per annum, and T = 1 year. This means that GoldMint receives 28% per year, an annual 10% of which goes to the investor.

With regards,
team GOLDMINT

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September 18, 2017, 11:56:17 AM
 #955

What makes goldmint different from projects like Brickblock and Minobia?

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September 18, 2017, 11:59:20 AM
 #956

Finally, thank you. Now I'll check announcement threads more
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September 18, 2017, 12:05:06 PM
 #957

what are some of the gold applications?
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September 18, 2017, 12:11:21 PM
 #958

which other elements does the goldmint infrastructure include?
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September 18, 2017, 12:17:20 PM
 #959

what is the use of api implementation?
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September 18, 2017, 12:23:13 PM
 #960

Greetings!

what are some of the gold applications?

Custody Bot stores the user’s GOLD and/ or gold jewellery, coins and other other gold items as collateral and simply to protect them. It also serves as the conduit for inspecting the gold, therefore determining how much GOLD the user receives.

which other elements does the goldmint infrastructure include?

Graphene hosts the Graphene blockchain, API and a crypto exchange for GOLD trade.

what is the use of api implementation?

The Application Programming Interface (API) regulates the GOLD, distributing these tokens to the following entities: E-commerce that can use GOLD for transactions. Local banks and Monetary Financial Institutions (MFIs) that can use GOLD as collateral. The API also regulates the GOLD that is used as escrow for bank accounts and as financial guarantees.

With regards,
team GOLDMINT

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