⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️

[destruct]

_______________________________________________________________

GOLDMINT.io
_______________________________________________________________

         

_______________________________________________________________

What is GOLDMINT
_______________________________________________________________

















_______________________________________________________________

Bitcointalk Newsblock
_______________________________________________________________

AUGUST
02/08 The Advantages of Digital Gold and Its Key Advantages Compared to Traditional Crypto Currencies
08/08 Custody Bot, a Blockchain-Based Instrument for Valuing and Storing Gold
11/08 GOLD digital asset as an instrument for hedging risks
13/08 "Mining of the crypto currency and mining of gold - similar processes, in both cases a lot of resources are expended..."
14/08 GoldMint in blockchain media
15/08 Trust Management and Investment with GOLD Tokens: Loaning and Pawning
16/08 GoldMint blockchain: why custom?
18/08 GoldMint Elevator pitch by the platform’s co-founder and CEO Dmitry Plutschevsky.
20/08 "The GoldMint platform requires special security for transactions with GOLD cryptoassets..."
21/08 ICO Announcement
22/08 The turning point in the turbulent world of crypto - stable coin by GoldMint
22/08 Second CoinTelegraph article
22/08 How to trade GOLD for fiat and crypto
23/08 GoldMint in blockchain media. Part II.
24/08 Goldmint uses PoS not PoW
24/08 Who - and how - will use GOLD cryptoassets?
25/08 Custody Bot by GoldMint
26/08 How to buy GOLD for fiat and crypto
29/08 Visiting Conference "Blockchain: the new oil of Russia"
31/08 Custody Bot turns jewelry into cryptoassets. Crypto magic or crypto alchemy?
31/08 Golden blockchain introducing a stable coin

SEPTEMBER
03/09 GOLD Says Insomnia-Tortured ICO-Makers “Good Night”
04/09 GoldMint's CTO, Konstantin Pichugin, and lead blockchain developer Anton Akentiev reveal the details about the development of GoldMint platform
04/09 "Did you know that the maximum transaction capacity of Bitcoin is 2 transactions per second, while Visa can handle up to 56000?..."
04/09 "An international conference "Blockchain & Bitcoin Conference" on the 7th of September in Stockholm"
05/09 GOLD and ETF: Description and Relations
06/09 Nothing-at-Stake and LongRange-Attack in PoS
07/09 "Apart from blockchain, another thing that makes the world a better place is charity..."
08/09 "Not long ago our team came back from the Blockchain&Bitcoin conference...@
08/09 "The developers of Custody Bot talk about the project, technical details and reveal the plans for the development..."
08/09 From ancient Egypt to crypto exchanges: the Evolution of Aurum
10/09 “GoldMint has taken an innovative approach to handling a precious commodity.”
11/09 “Our ICO is starting in less than 2 weeks!...”
12/09 Win-win mining: How MNT tokens holders can earn on verifying transactions.
13/09 GoldMint CEO spoke about the ICO, coming September 20th, unique features of the MNTP token and entering American exchanges.
13/09 Innovation in blockchain technologies!You give us your gold, and our Custody Bot exchanges it for tokens.
14/09 We are going to convert gold from a dead metal lying in safes to dynamic reservoir of value for peer-to-peer transactions.
14/09 How can the cryptocurrency market benefit from gold’s attributes?
14/09 "Right now our team is touring top gold storages and precious metals exchanges in the world, and talks are happening today with the Singapore Precious Metals Exchange"
14/09 Gold’s Unprecedented Leap Into the Digital World
15/09 Our team met with Vitalik Buterin, we got valuable advice and discussed our concept of stable coin.
15/09 We are completely ready for ICO and posted the code for our smart contract on GitHub.
15/09 Currently our team is in meetings with partners in Asia: banks, gold traders, investors!
16/09 The aspects of tokenized gold solutions
18/09 "We are set to transform the business processes of over 2000 jewelry companies from around the world..."
18/09 GoldMint in blockchain media
18/09 "GOLD cryptoassets are a perfect solution for projects conducting ICO..."
19/09 "The ICO event Moscow conference is happening tomorrow..."
19/09 GoldMint ICO Instructions: Invest Securely
19/09 What is GOLD cryptoassets and how to use them?
19/09 Are you up-to-date with GoldMint’s bonus scale?
19/09 "This article tells you everything you need to know about our upcoming ICO..."
20/09 "Our ICO is today!..."
20/09 "GoldMint has raised 1 000 000 dollars within 4 hours...."
20/09 "Read the detailed comparison of GOLD to other gold-backed coins..."
20/09 "GoldMint team at London Blockchain Live conference 2017..."
20/09 "GoldMint has successfully passed the three million dollars milestone..."
21/09 "GoldMint ICO: Day 1 results"
21/09 "We've already sold the first share of MNTP tokens"
22/09 "High-Tech Gold Vending Machines"
22/09 "We have just taken first place in the pitch session for blockchain startups CryptoBazar!"
22/09 "GoldMint referral system has been launched!"
25/09 "Our advisor Vladislav Martynov spoke today during the Blockchain Middle East forum in Dubai and presented our project!"
25/09 "We are excited to present at the Blockchain and Bitcoin Conference in Almaty on the 27th of September..."
26/09 "We will be participating in the InvestBazar and CryptoBazar International Pitch-session Day in Dubai, September 27th!"
28/09 "See our photo from Blockchain and Bitcoin conference in Almaty!"
28/09 "We recently had a meeting with the Head of Innovation Hub at DMCC (Dubai Multi Commodity Center)"
29/09 "Everything there is to know about Custody Bot as of this day"

OCTOBER
11/10 "Calling all MNTP investors!"
12/10 "Today we took part in the Blockchain & Bitcoin conference in Kiev"
13/10 "GoldMint is accelerating and corrects its development plan."
16/10 "GoldMint is pleased to announce an integration with Bancor."
17/10 "We recently conducted a voting poll to let you decide on our future development plans."
25/10 "As you all now, the new Bitcoin hardfork is behind us, so the storm has passed."
30/10 "As Vitalik talks about failures of many projects, we'd like to remind you of our meeting and our discussion."

NOVEMBER
01/11 "In order to strengthen en out project and promote it in the international cryptocommunity..."
03/11 "Last week our team visited the two-day World Blockchain Summit conference in Dubai"
07/11 "Today we'd like to show a video about MNT and MNTP tokens to the new members of our community."
08/11 "A major vulnerability has been found within the popular wallet, Parity Tech."
09/11 "Plans for the upcoming SegWit2x update have been put on hold, said the project leader Mike Belshe."
10/11 "THE LAST CHANCE TO JUMP IN GOLD."

[pinoycash]

All the Tokens For sale will be back by gold?

TO summarize, Gold Storage powered by blockchain technology? Correct?

[destruct]

_______________________________________________________________

GoldMint ICO Instructions: Invest Securely
_______________________________________________________________

This manual is aimed at describing how not to let fraudsters seize your opportunity to join the token sale of GoldMint, the blockchain platform that operates with gold-backed assets. The sale kicks off on September 20th at 9:00 UTC.

During its ICO GoldMint will offer their MNTP (MNT pre-launch tokens) for sale at the price of $7 in ETH equivalent, the price will be adjusted manually all the time max once in one hour dependent on the Ethereum rate (Coinmaketcap) due to its high volatility. There may be some delays in the adjustment process in case the Ethereum network is overloaded. MNTP will be emitted on the Ethereum blockchain and later migrate to GoldMint’s own blockchain (in Q2 2018), where it will be used to verify transactions and confirm blocks. Miners will get 75% of commissions for transactions with GOLD, the physical gold-backed digital asset.

_______________________________________________________________

Goldmint.io is the ONLY address of GoldMint
_______________________________________________________________

Under no circumstances will GoldMint ever use any other website or a mirror during the crowdsale. So in the unlikely situation of a temporary unavailability of the website, do not google for a mirror, or you will end up at a phishing address. Wait for connection to goldmint.io to be reestablished and use that website only. Check the spelling of the website’s address carefully and be aware of fraudsters taking actions to set up look-alike sites.

No community manager or social media official group administrator will post any other link.

_______________________________________________________________

Telegram  is  the only chat used during ICO
_______________________________________________________________

GoldMint telegram chat https://t.me/goldmintio and ICO channel https://t.me/goldmintICO are the two ONLY communication channels during ICO. There will be no ICO news posted on BitcoinTalk, Slack etc., due to their vulnerability.

_______________________________________________________________

Using ETH and BTC to donate
_______________________________________________________________

GoldMint uses ETH and BTC addresses for donations. For addresses, kindly follow the instructions at https://goldmint.io/ico. To make a donation, you need to enter the address of your existing ETH wallet (make sure you use an address you have the private key to it).

We will never post any cryptocurrency address on Telegram, Slack, Twitter, Facebook or any other media channel. No community manager will send you a direct message with a cryptocurrency address.

_______________________________________________________________

Sending money to the sale
_______________________________________________________________

Follow these easy steps when making transactions:

1. Visit the goldmint.io website
2. Check the website address and the security of the connection (the lock sign).
3. Click get the MNTP Tokens button and follow the instructions carefully

4. Select whether to pay with ETH or BTC
5. Insert your ETH wallet address to verify correctness of the address you will get your MNTP tokens to.
(!) Note: do NOT use the exchanges addresses to make transactions or online wallets like where you do not own your private key. You can make transactions from MyEtherWallet, Jaxx, Metamask, Parity etc.
6. You get the ETH / BTC address for the payment.
7. For every payment copy and paste the donation address. Never save it anywhere.
8. Make the transaction using your ETH / BTC.
9. As soon as your transaction is confirmed you get the MNTP tokens to your ETH wallet address.

Please note that the transaction confirmation could take up to one hour.

Do not pinch pennies for transaction costs, especially when using BTC. Your transaction might simply get stuck unconfirmed. You need at least 2 (two) confirmations for BTC and 8 (eight) confirmations for ETH. Kindly check it yourself using the transaction link before checking your balance.

_______________________________________________________________

Security above all
_______________________________________________________________

Never send your login, password or destination address via any chat, direct message or personal email. No community manager will ever ask you to do that.

If you suspect that your address has been compromised, reach out to us at support@goldmint.io. This is the only email address of our support and security team. Always keep this email cc’d to every communication. Add this address to your Contacts/Address Book to keep it out of spam. Our emails are important.

_______________________________________________________________

Make sure you chat with the right person
_______________________________________________________________

Always check the identity of people you chat with. The list of our community managers will be pinned in Telegram chats.

Address these people only and remember: putting up a GoldMint logo as an image does not make people GoldMint’s community managers.

GoldMint is a promising fintech start-up preparing for its ICO (Initial Coin Offering) on September 20th, 9:00 UTC.

The project offers the market two solutions from, to and for the gold industry: a stable cryptoasset GOLD which is 100% backed by physical gold and ETF and an automated vending pawnshop Custody Bot.

The project has drawn much attention both from the crypto community and from the traditional businesses and got wide coverage in media.

Still, the cryptoeconomy is not only about ideas and new inventions — it is also about the community and its support.

We are grateful to all our fans for their trust. We hope to meet your expectations.

Faithfully yours,
GoldMint team

[destruct]

_______________________________________________________________

Custody Bot, a Blockchain-Based Instrument for Valuing and Storing Gold
_______________________________________________________________

Since GOLD crypto assets are backed by physical gold, its accurate valuation and safe storage are necessary. In the Goldmint platform, a robotic storage unit Custody Bot is used to automatically store, assess, and deliver physical gold in its various forms, including jewelry, granules, and coins. In this short article, we shall explain what Custody Bot is, how it works, its configurations, and key features.

_______________________________________________________________

What Custody Bot is
_______________________________________________________________

Custody Bot is a robotic storage unit, which looks like a coffee vending machine with deposit boxes inside. It is primarily used to verify gold assets in banks, financial institutions, and individual homes. At Goldmint, it is used to store, assess, evaluate, and delivery the physical gold.

Its role in ensuring the authenticity and value of the physical gold is very important to give a peace of mind to GOLD crypto assets’ owners. Only with verified gold the clients can use their GOLD assets for trading, investment, or as credit collateral.

_______________________________________________________________

Configurations and Key Features
_______________________________________________________________

Custody Bot is a large cabinet made of a fireproof material with the following dimensions: 1.5 meters height, 0.65 meters depth, and 0.8 meters width. On the front part is an output tray, which is similar to the tray for inserting CDs in the CD-ROM player. The size of the tray is 15 centimeters x 20 centimeters. Next to the tray is a small touch screen and a numeric keypad, which is used to type in codes.

It comes with automatic gold retrieving mechanism. It also has a spectrometer and scales to analyze and weigh physical gold. Just like bank safety boxes, up to 40 individual boxes stacked together. Linux is the computer operating system used to automate the Custody Bot. Moreover, the platform is linked to public blockchain.

_______________________________________________________________

How It Works
_______________________________________________________________

Manual inspection by a gold specialist is usually conducted before evaluation by the Custody Bot. Next, the physical gold is placed on the tray of the Bot, where the analysis is performed. After the evaluation is completed, the product is placed in one of the deposit boxes and the information is transmitted along with a smart contract containing its identification and analysis results.

During the evaluation process, the physical gold is measured with the hydrostatic scales. Next, the X-Ray fluorescence spectrometer is used to induce the atoms of the item being analyzed. The second fluorescence radiation is dispensed with an analyzer crystal, which will be detected by a detector.

Both the analyzer crystal and the detector are moved by goniometer, which is computer-controlled. The goniometer is an instrument that measures angles between the faces of crystals. Each position of the goniometer corresponds to a certain length of secondary radiation waves, thus when an angle is shifted, it receives different spectral lines that are reflected by the crystal.

The spectral lines resulted indicate the quantitative content of a substance, which is, in this case, is the physical gold. In the confirmation stage, the concentration is calculated by comparison with standard samples. The standard samples do not need to be present physically.

Custody Bot is therefore a unique brand new technology which helps to automate many processes within Goldmint platform and simplifies operations with GOLD on the whole.

[destruct]

_______________________________________________________________

GOLD digital asset as an instrument for hedging risks
_______________________________________________________________

Goldmint helps investors hedge their risks by converting physical gold and ETF into GOLD tokens that work as hedging tools, in the same way that gold futures do. Here are the scenarios:

_______________________________________________________________

1. Transferring GOLD
_______________________________________________________________

People who transfer gold from one region to another can hedge their risks by investing in the GOLD cryptoasset. The GOLD price aligns with LBMA physical gold price fluctuations that has gentler volatility in contrast to crypto currencies, like BTC or ETH, with their high volatility (or, for that matter, fiat currencies with their high cross-border exchange rate). This makes GOLD payments and transfers a more secure, cheaper and faster way to transfer gold from one region to another.

Further, gold is well-known and valued all over the world so you don’t have to teach clients about this new “currency” and its exchange rate.

Example:

Mehul just entered into a contract to sell 10,000 troy ounces of gold, to be delivered in three months’ time. The sale price is agreed by both parties to be based on the market price of gold on the day of selling. The buyer commonly pay with bitcoin. Bitcoin, however, is famed for its surges in volatility, with unpredictable dips and highs that can be deep. Mehul can now ask his buyer to swap bitcoin with GOLD. GOLD hews closer to the gentler LBMA physical gold price and hedges Mehul’s risks.

_______________________________________________________________

2. ICOs & their investors
_______________________________________________________________

ICOs often have to adjust their caps to meet constant crypto currency volatility. ICOs can lock in their cap at an attractive rate by asking their investors to provide funds in GOLD. These investors use GOLD to lock in their commodities at an attractive LBMA or spot price so that neither ICO nor investors lose out if gold price dips.

Example:

Goldmint plans to launch early fall. On the first day of the launch, one BTC is worth, say, 2,742 USD. On the last day, BTC value has dropped to, say, 2,642 USD. On the first day, Joe invests in Goldmint for the value of 1 BTC. Unfortunately, when Goldmint starts, Joe’s investment value would have dropped by 100 USD. Joe could use GOLD to convert gold coins (or some other gold commodity) into this GOLD cryptoasset and use its token to offset future loss.

_______________________________________________________________

3. Crypto traders can hedge volatility risks without leaving exchanges
_______________________________________________________________

GOLD token will be available for purchase on most exchanges. This means that traders, after a busy day of trading, can gain peace of mind by simply converting their commodities to GOLD within the same day and the same exchange, without visiting another platform or paying extra commissions for money withdrawal.

Example:

Maria is a jeweler who needs 100 ounces of gold to make four hundred gold rings. The process takes her two weeks, and in that time period she may not want to take the price risk. So she sells one gold contract (100 ounces) at the same time as she buys the physical gold for production. This trade has been done on Bitfinex, which is a full-featured spot trading platform for the major cryptocurrencies. Right away, Maria wants to transfer her physical gold into GOLD to hedge her risks. She will be able to find that GOLD crypto-token on Bitfinex, too.

_______________________________________________________________

In short
_______________________________________________________________

Gold producers can hedge against falling gold price by investing in GOLD cryptoassets.
The cryptocurrency locks in their gold in a present selling price for an ongoing production of gold that is only ready for sale sometime in the future. This option can be extended to also help ICOs and crypto traders hedge their risks.

[destruct]

"Mining of the crypto currency and mining of gold - similar processes, in both cases a lot of resources are expended. Mining of crypto currency requires computational power and high electricity costs. The extraction of gold - human resources and technical means. In both cases, the process requires work.

The process of using gold, by the way, also requires efforts: it's heavy, it's hard to transport, it's necessary to guard - it's not handy to use it. Another thing - crypto currency. It is easy to use and transportation happens instantly.

The only thing that lacks crypto currency is the value of gold. The GoldMint team want to solve this problem and offers the world the GOLD cryptoassets, which have the superiority of the crypto-currency and the value of gold."

[destruct]

_______________________________________________________________

GoldMint in blockchain media
_______________________________________________________________

Our ICO preparation campaign has just started. Meanwhile, some big and upstanding blockchain media published articles about us. Look at the publications list below.

* The CoinTelegraph, one of the most popular blockchain media, published an article about the GoldMint project

* A big article at the Live Bitcoin News

* The Merkle, a well-known blockchain media, published an article about the GoldMint project

* Coin Journal article about our gold-backed cryptoassets launch

* FinSMEs article about GoldMint’s new type of cryptocurrency

* Bitcoin.com published an article about GoldMint’s cryptocurrency solutions

* CoinSpeaker’ article about GoldMint project solutions and Custody Bot

* NewsBTC publication about gold-backed stable GoldMint cryptoassets

* Blockchain News article about our solution for crypto-traders and crypto world

* Siam Blockchain — Thai newspaper released an article about GoldMint

[trinaldao]

Tokens backed by gold
physical gold or not ? And how to distribution if used  physical gold ?

[robeth]

Wow gold ...
But this is just a name or indeed a tool for coin payments

[marufnang]

This is awesome, having the price of the coins based on the real gold price.
That is neat, and I thing this will be a good standard of the crypto currency price.
Good luck dev.

[talatk]

Tokens backed by gold
physical gold or not ? And how to distribution if used  physical gold ?

It says its backed by physical gold. Please read the OP and ask questions after that. With this you can save a lot of people's time.

[destruct]

Tokens backed by gold
physical gold or not ? And how to distribution if used  physical gold ?

Physical gold is an age-old method of payment and wealth preservation, due to its brilliance and value. Owning gold, however, requires expensive security, safekeeping, and insurance, in addition to being illiquid. GoldMint’s modern solution to these inherent problems is GOLD, a 100% gold-backed token. GoldMint will ensure the coins of a persistent value using securities (ETFs and futures) as well as physical assets.

[kicauklaten]

Look like this coin is worth to wait, just by reading the fist post here, I think that this is a good project, and it will be success in the future.
Good luck guys.

[destruct]

Wow gold ...
But this is just a name or indeed a tool for coin payments

GOLD is a digital cryptoasset 100% backed by physical gold and ETF which can be used as an instrument for hedging risks, payment and investment tool both by companies and individuals.

Read more here: https://goldmint.io/gold

[Coin_trader]

Another addition to those cryptos backed by precious metals primarily by gold.
How this project differs from the other token or coins backed by gold like Orocoin, goldblocks, Xaurum and some others?

[vankinhluan]

how about bounties and airdrop

[destruct]

Another addition to those cryptos backed by precious metals primarily by gold.
How this project differs from the other token or coins backed by gold like Orocoin, goldblocks, Xaurum and some others?

Greetings!

1. We have a 100% transparent provision of gold, which will be confirmed by blockchain and regular audits.
2. We have a smart vending safe - Custody Bot.
3. We're going to make a real international exchange of the cryptoasset GOLD for physical gold.
4. We send 12.5% of commissions to charitable organizationsall all over the world.
5. With the help of Custody Bot, we're going to make cheap p2p loaning secured by gold all over the world.
6. We launch our blockchain on the Graphene platform, that stands out by the transaction processing speed and security.

[diamondox]

Hello, where can I see that I was received ...

[castiloros]

What a surprise, having this kind of digital currency that the price is based on the GOLD price, by doing this will make the price of the coin will be at a good price, since the price of gold is surely at a good/great value.
Waiting for the project to be success.

[destruct]

_______________________________________________________________

Trust Management and Investment with GOLD Tokens:
Loaning and Pawning
_______________________________________________________________

Throughout history, hoarding physical gold has proven to be beneficial as the price continues to rise. Now that the digital gold has arrived, keeping gold has never been this convenient. Goldmint is a platform for digital gold investors, where GOLD crypto-assets (GOLD tokens) can be used for lending and pawning transactions. Thus, this platform provides a safe storage space for these purposes.

_______________________________________________________________

Trust Management
_______________________________________________________________

When an investor owns GOLD crypto-assets, which are backed by physical gold, and stores them at Goldmint, an account is created. It is like a bank account, but stores GOLD tokens instead of physical gold, crypto-currency, or fiat currency. The user can delegate Goldmint company the right to manage GOLD at the account. Hence it is called “trust management.”

With the similar functionality of a bank account, the Goldmint trust account also pays out interest or “investment income” to investors. The interest rate or “investment income rate” (X% annually) is based on market conditions.

Here is how it works: Goldmint serves as a lender and charges interest (Y% annually) to borrowers. At the end of the year, the investor receives profit based on this calculation: Y% — X% = profit.

_______________________________________________________________

Lending
_______________________________________________________________

In the event of obtaining a credit with fiat or crypto-currency, GOLD tokens will be used as collateral. An agreement of the loan amount and its costs will be agreed before the transfer of the fund. The borrower, who owns GOLD tokens, must agree with the terms of the loan.

The fund can be withdrawn and used via a bank account or a specially emitted VISA/Mastercard card. Interest will accrue when the credit is used and hasn’t been paid back after the grace period. It works like a regular credit card, but it is a secured credit by digital gold.

The loan can be repaid in several ways regarding the amount and the method of repayment. In the case of untimely loan repayment, the GOLD tokens will be transferred to Goldmint and become Goldmint’s property.

_______________________________________________________________

Pawning
_______________________________________________________________

The GOLD tokens received from the investor are converted into a currency and W% pf the amount (50 <W <96, for example, 80) will be transferred to a pawnshop to be issued after T months under Y% per annum (Y >X >0). After the conversion took place, no more than 4% [(100-W)%] will be used to purchase Q amount of CALL options that will expire in T months and [(X/12)*T*Q] mini gold futures on the stock exchange. Therefore, Goldmint provides a hedge against the increased prices of physical gold and guarantees 100% return of investments through T months with a specific interest rate. This gives Goldmint with 1.1 ounce position of gold.

Two possible scenarios from the pawning functionality of Goldmint:

1. The pawnshop provides a full return in Y%. Goldmint exchanges fiat currency into GOLD tokens and pay of the loan to the investor with X% interest.

2. In the case that the pawnshop does not pay the loan back, Goldmint will take over the ownership of the content of Custody Bot.

In the event that Goldmint takes over the ownership of the content of Custody Bot, the physical gold will be transformed into ingots for storage. Next, Goldmint would issue an equal amount of GOLD tokens to be returned to the trust with agreed upon interest and within the timeframe via the linked smart contract.

Custody Bot is an automatic robotic storage unit used to automatically store, assess, and deliver the physical gold, which is like to replace conventional pawning mechanism. It provides extra security as it would automatically evaluate the authenticity and value of the physical gold with hydrostatic scales, X-ray fluorescence spectrometer, analyzer crystal, and goniometer.

In various pawning scenarios, Custody Bot provides a peace of mind to investors. Goldmint uses Custody Bot with these features in mind.