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

[qberty]

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

[destruct]

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GoldMint in blockchain media
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Our ICO starts in just a few days! We recommend you take a look at our recent mention in the blockchain media

* Why Proof of Stake Is Power of Saving
The CoinTelegraph, one of the most popular blockchain media, published an article about the GoldMint Proof-Of-Stake algorithm

https://cointelegraph.com/news/why-proof-of-stake-is-power-of-saving

* The Agreement That Shifts the Paradigm of Gold-Backed Tokens.
NewsBTC publication about gold-backed GoldMint stable GOLD cryptoassets.

http://www.newsbtc.com/2017/09/11/eurasia-goldmint-partnership/

* Eurasia and GoldMint Sign Deal Shifting The Paradigm of Gold-Backed Tokens

http://www.finsmes.com/2017/09/eurasia-and-goldmint-sign-deal-shifting-the-paradigm-of-gold-backed-tokens.html

* 5 ways blockchain is changing everything
A well-known financial media published an interesting article on how GoldMint helps to develop blockchain technology

https://www.cio.com/article/3223906/financial-it/5-ways-blockchain-is-changing-everything.html

* Gold Can Secure Stable Growth for Cryptocurrency Markets
The Merkle, a well-known blockchain media, published an article about the GoldMint project.

https://themerkle.com/real-gold-no-longer-represents-any-real-value-but-can-secure-stable-growth-for-cryptocurrency-markets/

* In P2P Lending we trust : An Interview with GoldMint Founder & CEO Dmitry Pluschevsky
The HuffPost published an Interview about GoldMint’s plans to make digital money valuable and worthy worldwide.

http://www.huffingtonpost.com/entry/in-p2p-lending-we-trust-an-interview-with-goldmint_us_59b641d8e4b0c50640cd68ed

* GoldMint Is Unlocking Liquidity in Gold to Allow P2P Lending
The CoinTelegraph article about GOLD cryptoasset liquidity.

https://cointelegraph.com/news/goldmint-is-unlocking-liquidity-in-gold-to-allow-p2p-lending

[ahitman]

What is ETF?

[destruct]

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.

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 is ETF?

"ETF (Exchange Traded Funds) - An ETF, or exchange-traded fund, is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund. Unlike mutual funds, an ETF trades like a common stock on a stock exchange.

The three most popular ETFs are “Spiders” (ticker (NYSEARCA:SPY)), “Diamonds” (ticker (NYSEARCA:DIA)) and “Qs” or ""Qubes"" (ticker (NASDAQ:QQQ)).

Top ETFs for gold can be found on ETFDB . The commission for the management of a portfolio of gold is 0.2-0.8% per annum, depending on the volatility of gold and the inflow / outflow of investors. After analyzing the correlation between the value of gold and the stock price of the three largest ETFs - the GLD (announced expense ratio 0.4% ), the IAU ( 0.25% ) and SGOL ( 0.39% ) - we estimate that the real backlog of ETF shares in physical gold is about 0.7% (prices are taken from COMEX on the LME ). Commissions and broker commissions are taken into account in calculating our commissions for GOLD.

With regards,
team GOLDMINT

[thisisnotmyltcusername]

How GOLD is connected with real gold?

[ianp]

Fuck all IPOs=Scam！

[dermo]

what is gold?   

[BazkieBumpercar]

how is the gold asset backed by gold?

[destruct]

Greetings!

How GOLD is connected with real gold?

GOLD  is  a  crypto  asset  issued  by  GoldMint  that  uses  the  current  price  of  gold  set  on  the LBMA exchange   at the time of sale. 

                        ●   Equal to one ounce (31,1035 grams) of gold (999 quality) 
                        ●   Shards into 100,000 parts. 
                        ●   Commissions are given in GOLD.

Information  is  transmitted  to  the  blockchain  ledger  about the number  of  ounces  of physical 

gold or ETFs owned by GoldMint. ETF is bought on  he  stock exchange NYSE, Arca​ and subsequent  information  is publicized on GoldMint’s decentralized blockchain, making  it   transparent  and open to all members. Statements are received from the depositary (electronic or printed). 

All physical gold owned by GoldMint exists in the following forms: 

               a.   Manufacturer-certified bullions   
               b.    Gold coins 
               c.   Gold jewelry 
               d.   999 quality granules, stamped by manufacturer

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 is the gold asset backed by gold?

All of GoldMint's GOLD is backed by the reserves of physical gold or ETF that GoldMint has in its reserves. If there's not enough gold in GoldMint reserves, the company buys extra gold or ETFs in Switzerland.

With regards,
team GOLDMINT

[CryptoPromotions]

Common Sense Ideas == Good Ideas; We will definitely get on the horn with them

[qberty]

What are some of the gold applications?

[spiceminer15]

What are graphene’s advantages compared to ethereum and other blockchains?

[code]

How can mnt tokens be purchased?

[destruct]

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.

What are graphene’s advantages compared to ethereum and other blockchains?

Graphene is cheaper, there is no charge for ether commissions. Graphene, too, is optimized for GOLD transactions therefore its executes its blocks faster and more effectively and it’s safer in that it uses its own coins rather than turing-complete smart contracts.

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.


With regards,
team GOLDMINT

[actudoran]

What will happen if audit shows that GoldMint have less physical gold, than GOLD tokens emitted?

[nenelsparadise]

How can i buy gold?

[qberty]

very interested ,but want to know more details.

[ahitman]

Why does gold jewelry need extra examination from a specialist?

[destruct]

Greetings!

What will happen if audit shows that GoldMint have less physical gold, than GOLD tokens emitted?

If  the  audit  results  show  that,  the  value  of physical gold  is  less than the number  of the GOLD tokens emitted, the  excess  amount  of  GOLD  will  be  written  off  automatically from  the  company  wallet via the  smart contract.

How can i buy gold?

People who want to trade GOLD for fiat or cryptocurrency need to undergo GoldMint's KYC procedure. You can also get GOLD when you transfer your physical gold to Custody Bot or to GoldMint’s partner banks.

Why does gold jewelry need extra examination from a specialist?

Manual inspection is needed each time gold jewelry undergoes inspection, as there is no common standard for this type of commodity.


With regards,
team GOLDMINT

[thisisnotmyltcusername]

What are the costs of custody bot development?