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

[qberty]

Can US/Singapore citizens participate in the ICO?

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[chaolang]

I see goldmint as the world currency of the whole world

[CryptoPromotions]

Clarify the roadmap for your investors

[destruct]

Greetings!

I see MNTP and MNT tokens here. What's the difference?

MNTP tokens can be found on the Ethereum blockchain. 
 ●   Initial emission of MNTP is conducted using the ERC20 interface. 
 ●   GoldMint’s blockchain, using the​ ​Graphene​ platform gor GOLD and MNT tokens will be launched after.

Can US/Singapore citizens participate in the ICO?

Citizens,  residents  (tax  or  otherwise)  and  green  card holder  of the United  States  of America
or  Singapore,  or  other  U.S.  or  Singapore person  are  exempt  from buying MNT tokens.  The 
term  “U.S.  or   Singapore  Person”   refers  to  anyone  who  lives  in  the  United  States  or 
Singapore  or  to  any  entity  that  is  incorporated  under  United  States  or  Singapore  law. 
American   citizens   living   abroad   can   also  be  considered  “U.S.  Persons”  under  certain 
conditions.

Clarify the roadmap for your investors

We plan to start our ICO on September 20th, 2017. After that we are going to develop our blockchain. Next spring we are going to put GOLD in rotation. Around next autumn Custody Bot will be released and we will get on american exchanges since our token is not a securities.


With regards,
team GOLDMINT

[strideynet]

What about GOLD exchange rate?

[atariguy]

What commission you hold?

[florianuhlemann]

"Russian?
Then good luck russsian team!"

[kenel]

Describe PoS and why you chose it? Thank you

[destruct]

Greetings!

What about GOLD exchange rate?

Emission :1 GOLD = cost of 1 ounce of gold on stock exchanges + 5% commission for fiat-GOLD-fiat – no more than 4%
Buyback: 1 GOLD = cost of 1 ounce of gold on stock exchanges +  max. 5% commission for fiat-GOLD-fiat– no more than 4%

What commission you hold?

GOLD commission is Z% (no more than 0.3%), but no less than a fixed Y amount of GOLD
(i.e., more than 0,0025 GOLD depending on the current gold price).

Describe PoS and why you chose it? Thank you

Proof-of-stake (PoS) is a type of algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. Unlike proof-of-work (PoW) based cryptocurrencies (such as bitcoin), where the algorithm rewards participants who solve complicated cryptographical puzzles in order to validate transactions and create new blocks (i.e. mining), in PoS-based cryptocurrencies the creator of the next block is chosen in a deterministic (pseudo-random) way, and the chance that an account is chosen depends on its wealth (i.e. the stake). In PoS cryptocurrencies the blocks are usually said to be forged (in the blacksmith sense of this word), or minted, rather than mined. Also, usually all the coins are created in the beginning and the total number of coins never changes afterwards (although there are some other versions of PoS where new coins can be created). Therefore, in the basic version of PoS there are no block rewards (e.g. as in bitcoin); so, the forgers take only the transaction fees


With regards,
team GOLDMINT

[hometester]

Which is the maximum amount of Gold emitted?

[Kracko]

How can it be both backed by real gold and run on blockchain?

[Itcher]

What difference between Goldmint and other gold-based cryptocurrency?

[mika1977]

Don't forget to get listed on all exchanges

[destruct]

Greetings!

Which is the maximum amount of Gold emitted?

The amount of GOLD emitted depends on (a) the validation of deal/ details stored in the blockchain and (b) on the authenticity and value of gold inspected by Custody Bot.

How can it be both backed by real gold and run on blockchain?

A GOLD token can be issued if only GOLDMINT has a troy ounce of physical gold or ETF available to back it. To back tokens with gold means to provide 100% guaranteed anytime GOLD tokens buyback by GOLDMINT their self. That will provide stable price for these tokens which is in lack on market today.

What difference between Goldmint and other gold-based cryptocurrency?

Differences   between   Goldmint   and   other  gold   cryptocurrency   blockchains  include  the  following:   

         Goldmint uses its own blockchain and altcoin, called MNT, for GOLD transactions.   
         Goldmint  uses Proof-of-Stake where miners  are  doled blocks/ transactions  according   to the  amount  of MNT they have. Proof  of  stake  (PoS)  is  faster,  simpler and                 cheaper  than proof of work (PoW). 
         Physical gold and ETFs are stored in a programmed decentralized storage unit.
         Custody Bot    -   Goldmint’s   innovative  storage unit  is programmed to automatically  identify  and  store  gold  jewelry,  small  ingots  (up  to  100  grams)  and  coins without human intervention.




With regards,
team GOLDMINT

[Abitcoinfuture]

I see goldmint going
 Over 1 billion

[makemebeat]

very interested ,but want to know more details.

[getwork]

What is the key idea of the project?

[chaolang]

How is gold emitted?

[TomKoinify]

How do i get the money loaned?

[strideynet]

Which other elements does the goldmint infrastructure include?