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

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ICO NEWS

We have updated the ICO page on our website just as promised.
Less than a month left before the upcoming ICO.
We will offer 7 000 000 tokens, the first investors will get a solid bonus.
More information about the ICO and the price of MNTP tokens is available at

goldmint.io/ico

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The turning point in the turbulent world of crypto -
stable coin by GoldMint
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In the turbulent world of cryptotrading you can stay calm on the market, indifferent to dumps and volatility risks. The solution is - GOLD cryptoassets backed by physical gold - the safe and reliable asset to store your savings. #GoldMint is a #blockchain platform created to bring stability to the world of crypto.

YOUTUBE LINK

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CoinTelegraph Article
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The CoinTelegraph, a well-known blockchain media, published a second article about GoldMint's Custody Bot, 100% gold-backed cryptoassets and the upcoming ICO. Read the full text here:

CCЫЛКA

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How to trade GOLD for fiat and crypto
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GoldMint is a gold-based blockchain company that helps investors and traders hedge volatility risks and gain competitive commission on commodities sold through GoldMint to financial institutions, pawn-shops, other companies individuals.

GoldMint works on two types of tokens, GOLD and MNT. The GOLD cryptoasset is an investment instrument which is 100% backed by physical gold and/ or ETF. One GOLD token is the same as one ounce of gold on LBMA stock exchange. MNT — on the other hand — is GoldMint’s cryptocurrency, used to confirm your GOLD cryptoasset transactions. If you’re a GoldMint miner, your amount of MNTs also tell you how many assignments, or transaction blocks, you can accept.

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How to trade GOLD for fiat or for cryptocurrency and get a P2P loan?
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You can buy GOLD for fiat or cryptocurrency on GoldMint’s cryptoexchange where you created your wallet. You need to have a public key to gain access to the wallet.

If you want to trade GOLD for fiat or crypto currency, you have one of two options. First, you can seek a GoldMint-guaranteed buyback or, second, you can request a loan. For either option, the process is as follows:

1. You’re directed to a special app that helps you transfer your GOLD as collateral to a certain GoldMint account.

2. GoldMint uses the current price of gold set on the LBMA Gold Price to fix the rate of your loan.

3. GoldMint requires you to undergo its KYC process. You will also need to consent to GoldMint loan terms to receive the loan. At the same time, you’re given various options for repaying the loan amount as well as for how you choose to repay it.

4. If you default on repayment, your GOLD cryptoassets are transferred to GoldMint.

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How to trade GOLD for gold?
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GoldMint also helps you convert gold into GOLD tokens and reconvert these GOLD tokens into gold to facilitate border crossings. Carrying gold from one country to another can be a hassle and often results in expense and aggravation. By converting your gold into GOLD, you not only avoid this hassle, but also retrieve 100% of the value of your gold at journey’s end.

With this process, too, you’ll need to go through GoldMint’s KYC procedure.

In both cases, the amount of GOLD you receive, depends on the following:

 * The confirmation of the transaction.

 * The authenticity and value of your gold after it has been weighed, evaluated and registered by a Custody Bot inspection.

Custody Bot is GoldMint’s decentralized storage unit, which is programmed to computationally identify and store gold jewelry, small ingots (up to 100 grams) and coins. In this way, it acts as a Dapp (i.e. decentralized application that is programmed to run flawlessly, rapidly and effectively without needing anyone to control it). This Custody Bott inspects the value of incoming gold using three cutting-edge technologies: spectral analysis, usual and hydrostatic weighing .

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In Short
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 * People who want to trade GOLD for fiat or cryptocurrency need to undergo GoldMint’s KYC procedure.

 * Resale of GOLD occurs on stock exchanges or as direct transaction between parties.

 * GOLD and MNT cryptoassets and cryptocurrencies can be stored long-term in a special and secure storage bot.

 * GOLD emission depends on how much GOLD is needed but never exceeds the total cost of gold in GoldMint’s reserves.

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GoldMint in blockchain media. Part II.
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Our ICO preparation campaign is in full swing. Some prominent and upstanding blockchain media published articles about us. Look at the publications list below.

1. GoldMint project to provide GOLD ownership for cryptocurrency investors.

2. Golden Blockchain: GoldMint to Bring A Smart Way of Managing Traditional Gold Assets.

3. The Live Bitcoin News, one of the famous blockchain media, published an article about the GoldMint project.

4. GoldMint project to provide 100% gold-backed stable cryptoassets.

5. CoinSpeaker’ article about GoldMint project solutions and Custody Bot.

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

7. GoldMint, the Present-Day Gold Standard Backed by Blockchain Technology.

8. The CryptoNinjas analytical article about GoldMint and comparison with other platforms.

9. Vending Machine Turns Gold into CryptoCurrency.

[nmrcngrb]

Is the price of the coin tight to Gold, similar like Tether is tight to USD?

[TimeTeller]

Just want to say that any project tied or backed by gold usually ended up as a scam.
Very few here proved that they are legit. One good example is Xaurum.
Hope that this one will not have that fate of deceiving people.

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Is the price of the coin tight to Gold, similar like Tether is tight to USD?

Greetings!

it is not quite true, price is linked to the gold reserves of the company + stocks and bonds.

Best regards,
GoldMint community.

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Just want to say that any project tied or backed by gold usually ended up as a scam.
Very few here proved that they are legit. One good example is Xaurum.
Hope that this one will not have that fate of deceiving people.

Hello!

Thank you for believing in our project, we are glad to see you here, keep for updates, we will not disappoint you!

Best regards,
GoldMint community.

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Unlike many other blockchain platforms, GoldMint blockchain will not use the Proof-of-work algorithm to avoid miners to spend a lot of resources on conducting transactions. Instead, GoldMint will use the Proof-of-Stake consensus algorithm - this approach will significantly reduce energy costs and, in theory, will make it possible to run mining process on an ordinary laptop. The PoS algorithm will use GoldMint's internal tokens to determine the right to complete the next block: the more MNTP tokens miner has, the more likely the block closes with this miner.

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Who - and how - will use GOLD cryptoassets?
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Watch the interview with the co-founder and CBDO at GoldMint platform, Evgeny Volfman - he explains what kind of problems the GOLD cryptoassets can solve.

LINK

[In the silence]

Satisfying purpose of a token,  this is what members are finding,  a token actually backed by gold.
I will follow this thread for more information and updates.
Goodluck to the team.

[hometester]

That's a hell of an idea!
This time I'll buy my husband gold tokens instead of another pair of cufflinks for anniversary 

[gawuk]

Very interesting project, digital gold, it is good for investment. I think many investors will join here. Good luck.

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Very interesting project, digital gold, it is good for investment. I think many investors will join here. Good luck.

Satisfying purpose of a token,  this is what members are finding,  a token actually backed by gold.
I will follow this thread for more information and updates.
Goodluck to the team.

Greetings!

Thank you for believing in our project!
You can read news, announcements, etc here https://blog.goldmint.io/ the blog is where you find the most accurate (and fastest) information, news, and so on.

Best regards,
GoldMint community.

[florianuhlemann]

Hey!

I'm interested in this project and I will follow and support this thread . I can see this project will bring back more profits for investors. Yes, That's a good idea for all of us in the future.

Seems that is a good sign that crypto could be a thing that everyone should know in the future

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Custody Bot by GoldMint
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Custody Bot is our own device for receiving, inspection, storing and conveying of physical gold. Watch the video and find out how it works

LINK

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Hey!

I'm interested in this project and I will follow and support this thread . I can see this project will bring back more profits for investors. Yes, That's a good idea for all of us in the future.

Seems that is a good sign that crypto could be a thing that everyone should know in the future

Hello!

GoldMint team is glad to see you!
We are very pleased that you believe in us.
We work for you.

Best regards,
GoldMint community.

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How to buy GOLD for fiat and crypto
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It will be convenient to use GOLD cryptoassets to enter the cryptomarket and withdraw cryptocurrency to fiat money - the losses will be minimal. The conversion commission for fiat => GOLD => fiat is 2%.

[Retired]

Will you need to do KYC on clients?